Jahm Najafi
$1.3B
Born
Mar 19, 1963
Age
62
Source of Wealth
Investments
Residence
Paradise Valley, Arizona
Citizenship
United States
Marital Status
Married
Children
3
Education
Bachelor of Arts/Economics, University of California Berkeley
- 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 investment was a $100 million bet in 2003 on domain registrar Network Solutions, which he sold for $800 million in 2007.
- Najafi acquired a 10% stake in the Phoenix Suns in 2009 for an estimated $43 million; that stake is now worth $400 million.
- In Dec. 2020, Najafi acquired a minority stake in British Formula 1 team McLaren Racing.
- Najafi's MSP Sports Capital has invested in several European football clubs alongside Blackstone executive David Blitzer.
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