mercredi 22 mai 2019

Shahid Khan : from washing dishes to billions

Tags

We are always trying to submit articles on the most famous success stories in the world to enrich your information dear readers and also benefit from these stories and apply the reasons for success in them as it is clear in most stories success of celebrities that it was a long way from the difficulties to achieve success and fame so can be said that patience Perseverance is one of the basics of success. The story of the Pakistani billionaire Shahid Khan is one of the most important success stories. He is one of the world's richest people who have experienced many hardships in life, but he has succeeded in achieving success in his life.



The Birth and Origin of Shahid Khan:

Shahid Khan was born in Lahore, Pakistan, in 1950. His father worked in the construction materials industry. His mother was a professor of mathematics. He was a family with an average standard of living. Shahid Khan traveled to the United States when he was 16 years old. In 1967 to complete his undergraduate studies at the University of Illinois School of Engineering.

The struggle of a student became a billionaire:

Immediately after Shahid Khan arrived in Illinois, he only had $ 500 and he sought out a suitable place but was not lucky enough to spend the night at the local Christian Youth Association at $ 2 per night. He works in dishwashing so that he can save his personal and academic expenses. He was a person who excelled in his studies and met his wife, Ann Carlson, by joining the University Brothers Association.

Shahid Khan Career: 

Shahid Khan graduated from the Faculty of Engineering in 1971 with a Bachelor's Degree in Industrial Engineering and was a graduate of the Illinois District after graduating. He was appointed Managing Director of Flex-N-Gate, a specialist in automotive spare parts, Shahid Khan has worked for the company for seven years, overseeing the production and use of engineering in the development of this work, but to the extent allowed by senior management of the company during this period Shahid Khan was disturbed by the policies of the company ignoring the innovation in auto spare parts and in relation to Weight and strength was aware d The company is in great need to develop its own products and make them more influential through the work of new designs to be marketed and sold directly to the large companies and specialized in the automotive industry so Shahid Khan submitted his resignation to the company because of this disregard and was always thinking of establishing a company of his own The field of maintenance and modification of vehicles and the installation of bumpers cars, where he borrowed money to work as a capital of this company and began marketing to his company, so he succeeded in convincing a company such as "General Motors" that the bumpers cars of the company's products are the lightest in weight and it is the fenders Ideal for imported Isuzu cars. He also applied this theory to his small Mitsubishi brand truck.

Shahid Khan's march until he reached the title of billionaire:

Sheikh Shahid Khan signed a number of major commercial deals through his own company with the largest automakers until the company "Flex-N-Gate" filed a lawsuit against him and accused him of stealing the trade secrets of the company and then breaching the limits of the Secretariat Khan was then assigned a simple lawyer to defend him due to his full knowledge of the laws and also because he is sure the failure of the case and the Supreme Court has already canceled this case against Khan and the company was offered for sale after a period and Shahid Khan bought it in 1980 until the company began "Flex-N-Gate" owned by Khan for its line The first manufacturer of fenders for Toyota's small trucks in 1984 until the company became the sole supplier of Toyota car exhausters in the United States by 1989. In 2011, the spare parts and fenders of the company "Flex-N-Gate" found in more than two-thirds of cars and trucks Which was sold in the United States to become one of the largest companies in the world where Forbes estimated net worth of the company by about 2.9 billion dollars in 2003.

Shahid Khan's interest in football:

Khan was one of the biggest fans of football during his school days. He bought the Jacksonville Club of America for $ 770 million and completed the Fulham Premier League purchase of Fulham, owned by Egyptian billionaire Mohamed Al Fayed. Bought the Four Seasons Hotel in Toronto, Canada, for about $ 170 million from Saudi businessman Alwaleed Bin Talal.

So we conclude that Shahid Khan is a businessman who became a billionaire after he was just a dishwasher but started his career from scratch until he reached this success.

Artikel Terkait


EmoticonEmoticon