Portrait of Jahm Najafi

Rank #2444

Jahm Najafi

Net worth $1.7B

Investments · United States

Born
Mar 19, 1963
Age
63
Source
Investments
Residence
Paradise Valley, Arizona
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Arts/Economics, University of California Berkeley

Net worth over time

Biography

  • Jahm Najafi is a Phoenix-based private equity investor whose portfolio includes direct-to-consumer brands and minority stakes in sports teams.
  • An Iranian by birth, Najfi's family immigrated to the U.S. when he was a child.
  • After a stint on Wall Street and his older brother's Pivotal Group real estate firm, Najafi launched his own investment firm, Najafi Companies.
  • His most lucrative acquisition was a $100 million bet in 2003 on domain registrar Network Solutions, which he sold for $800 million in 2007.
  • Najafi acquired 10% of the Phoenix Suns in 2009 and rolled forward his stake when a group led by billionaire Mat Ishbia bought the team for $4 billion in 2023.
  • Najafi previously owned a minority stake in British Formula 1 team McLaren Racing, which he sold in a 2025 deal that valued McLaren at $4.5 billion.
  • Najafi's MSP Sports Capital has invested in several European football clubs alongside billionaire Blackstone executive David Blitzer.

Financial assets

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