Forbes values Shad Khan’s sports empire at $4.8 billion

Jacksonville Jaguars owner’s holdings rank as No. 12 largest sports empire in the world

Owner Shad Khan of the Jacksonville Jaguars looks on before the start of a game against the Tennessee Titans at TIAA Bank Field on September 19, 2019 in Jacksonville, Florida. (Photo by James Gilbert/Getty Images) (JAMES GILBERT PHOTO, 2019 Getty Images)

JACKSONVILLE, Fla. – Jacksonville Jaguars owner Shad Khan made his debut this year on Forbes’ list of the world’s most valuable sports empires.

According to Forbes, Khan has the No. 12 most valuable sports portfolio in the world with an estimated value of $4.8 billion.

Along with the Jaguars, Khan also owns Fulham F.C. and helped launch launched the pro-wrestling promotion All Elite Wrestling, which is run by his son, Tony Khan.

Forbes noted that Khan’s value is expected to rise even more with the development of Fulham F.C.’s new stadium.

Khan bought the Jaguars from former owner Wayne Weaver in 2011 for $760 million. Two years later he reportedly bought Fulham F.C. for more than $200 million.

Now the Jaguars are worth $2.8 billion, according to Forbes, and Khan’s personal fortune is $8.1 billion.

MORE: ‘I’m not going to give up’: Looking at Shad Khan’s 10 years as Jaguars owner

The value of the Jaguars has risen dramatically despite a lack of success on the field over the last 10 years. The Jaguars have a record of 42-119 since Khan took over the team.

Recently Khan has received criticism from fans for his track record and the reported decision to retain general manager Trent Baalke.

RELATED: Jaguars Twitter takes shots at ‘clown’ owner Shad Khan after Trent Baalke report

The world’s largest sports empire is Liberty Media, with properties including the Atlanta Braves and other entities valued at a total $17.2 billion, Forbes said.

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Digital reporter who has lived in Jacksonville for more than 25 years and focuses on important local issues like education and the environment.