Since then, the company has grown from $17 million in sales to an estimated $2 billion in 2010 to $8.89 billion in 2020. Adopting The Toyota Way increased company efficiency and ability to change its manufacturing process within a few minutes. By 1987 it was the sole supplier for Toyota pickups and by 1989 it was the sole supplier for the entire Toyota line in the United States. In 1984, he began supplying a small number of bumpers for Toyota pickups. Khan grew the company so that it supplied bumpers for the Big Three automakers. In 1980, he bought Flex-N-Gate from his former employer Charles Gleason Butzow, bringing Bumper Works into the fold. The funds to start the new business included a $50,000 loan from the Small Business Administration and $16,000 of his own savings. In 1978, he started Bumper Works, which made car bumpers for customized pickup trucks and body shop repairs. When he graduated he was hired as the engineering director for the company. Khan worked at the automotive manufacturing company Flex-N-Gate Corporation while attending the University of Illinois.

He later was awarded the Mechanical Science and Engineering Distinguished Alumni Award in 1999. He graduated from the UIUC College of Engineering with a BSc in Industrial Engineering in 1971. He joined the Beta Theta Pi fraternity at the school. When he went to the United States, he spent his first night in a $2/night room at the university YMCA, and his first job was washing dishes for $1.20 an hour.

Khan moved to the United States in 1967 at age 16 to study at the University of Illinois at Urbana–Champaign. Shahid Khan also had a brother named Tariq Rafiq Khan, who died in his early 20s. His mother (now retired) was a professor of mathematics, and his father Rafiq Khan used to have a shop that sold survey and drawing equipment. Khan was born in Lahore, Pakistan, to a middle-class family involved in the construction industry. He is also the richest person of Pakistani origin.

Schaeffler who has a net worth of $12 billion. Khan is the second richest auto parts magnate behind Georg F.

In 2021, he ranked 94th in the Forbes 400 list of richest Americans, and is the 291st richest person in the world. As of November 2021, Khan's personal net worth is $9 billion. Khan was featured on the front cover of Forbes magazine in 2012, associating him as the face of the American Dream. of the Premier League, and co-owner of the American wrestling promotion All Elite Wrestling (AEW), along with his son, Tony Khan. Khan is also the owner of the Jacksonville Jaguars of the National Football League (NFL) and Fulham F.C. He is the owner of Flex-N-Gate, an American automotive company. Shahid Rafiq Khan ( Urdu: شاہد خان born July 18, 1950) is a Pakistani-American billionaire businessman and sports tycoon.

Pakistan net scandal full.series