The son of a Pakistani billionaire, Shahid Khan, Tony Khan has made his millions through business, sports, and the promotion of professional wrestling. He is ranked the 66th wealthiest person in the US and is on the Forbes 500 list of the world’s most successful people. So, what is Tony Khan net worth? We take a look at this and more.
Tony Khan is the founder of All Elite Wrestling and recent owner of Ring of Fire. He co-owns the Jacksonville Jaguars and Fulham Football Club along with his father.
Who is Tony Khan?
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Tony Khan is a self-made billionaire. Though his father is equally wealthy and has given Tony a step up into the world of business, Tony has used his education in finance to make some savvy decisions.
He is always in the news, drawing the attention of the media to his wrestling business about which he is passionate. Indeed, Tony Khan’s name has become synonymous with big-time wrestling. Tony is CEO and president of All Elite Wrestling, the wrestling company he started. He has also just recently bought the Ring of Honor, another massive wrestling franchise.
Tony Khan is described as an interesting conversationalist who is full of ideas.
Tony Khan’s Place of Birth and Early Life
Antony Rafiq Khan was born on the 10th of October 1982 in Champaign, Illinois. He was born to Pakistani businessmen, Shahid Khan and Ann Carlson.
He has a younger sister, Shanna Khan. She is a philanthropist, supporting disadvantaged youths. She married Justin McCabe on the 11th of April 2015.
Tony’s father is the CEO of Flex-n-Gate, an automobile OEM. His father, a multibillionaire, came to the US from Pakistan in 1967 at the age of 16. He graduated from the University of Illinois College of Engineering with a BSc in Industrial Engineering in 1971 and became a US citizen in 1991.
Tony’s mother is an American social worker, dancer, and choreographer. The senior Khans met when they were students at the University of Illinois. They dated for ten years before they finally married in 1977.
Tony and his father, Shahid jointly own the Jacksonville Jaguars in the National Football League and the English Premier League club, Fulham FC.
Tony Khan completed his schooling at University Laboratory High School in 2001. He graduated from the University of Illinois with a Bachelor of Science in Finance in 2007. He found a job at a bio-company after graduation.
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Tony Khan’s Personal Life and Family
Tony Khan is a private person so not much is known about his personal life. He appears to have a close-knit family. He and his father work closely together with both investing in the same businesses. His romantic life remains under wraps with no information about any plans to make romantic connections.
Tony Khan’s Career
Shahid Khan, Tony’s father bought the Jacksonville Jaguars in 2011. In 2012, five years after graduating, Tony Khan joined his father at the Jacksonville Jaguars. He took the post of Senior Vice President of Technology and Analytics. He was also co-owner of the club.
In 2017, Tony took the position of Director of Football Operations at Fulham FC. He is a co-owner and plays a crucial role in the evaluation and recruitment of the team players.
Khan is also the owner of True Media, the company he acquired in 2015. The engineering company based in Boston specializes in sports analytics. Khan has grown the business to include clients such as the NFL, ESPN, and Zebra Technologies. The company also services more than 60% of major league baseball clubs.
Khan’s family are also important funders of Activists Artists Management. The organization was founded in 2018 to advise and manage talented young people to grow their careers.
Tony Khan’s Wrestling Interests
Tony was always a wrestling fan, spending hours watching World Wide Wrestling WWE. His father encouraged his passion for wrestling taking him to Philadelphia in August 1996 to watch Extreme Championship Wrestling.
In 2018 Tony filed trademarks and patents for AEW. Some of the WWE champions including Chris Jericho were reaching the end of their contracts with WWE and Tony saw this as an opportunity to hire them. He met Cody Rhodes at a Jaguars game in 2018. Rhodes was working for Pro-Japan Wrestling at the time but Khan convinced him to join him.
Khan also hired Jim Ross, WWE’s former announcer and talent scout to help him to grow the business.
AEW was first launched on the 1st of January 2019. Tony and his father were lead investors in the company with Khan’s father investing as much as $100,000.
In April, Khan disclosed his long-term plan for the business. He planned to establish the AEW as the premium wrestling brand for audiences that like fast action.
The first AEW event. Double or Nothing took place at MGM, Los Vegas, in May 2019. It was a huge success. Many of the stars that had once found a home in the WWE like Daniel Bryan, Sting, and Chris Jericho moved over to AEW making the new business a serious contender for WWE which had been unrivaled for almost 20 years.
Khan’s secret to success is that he allows the AEW wrestlers creative freedom when it comes to the bouts, layouts, and scripts. This makes the wrestlers happier, so they stay on. Still, every show is signed off by Khan before it goes live.
The wrestlers have also said that Tony Khan’s experience in national football has taught him to value athletes, so he treats his employees well. This is one of the reasons why Khan has done so well in the wrestling business.
AEW Television Deals
TNT has signed a deal with Tony whereby they will show his matches on the channel until 2023. The four-year deal with Warner Media to air Dynamite is worth $175 million to Tony Khan’s net worth. Interesting fact: Tony chose the title for the show when he was still in junior high!
On the 25th of May 2022, the final Dynamite show will give way to Double or Nothing. The change marks the third anniversary of the show being on air. Double or Nothing airs on the 29th of May 2022 in the T-Mobile Arena on the Las Vegas strip. It takes place at the MGM Garden Arena in Las Vegas. Both are pay-to-view shows.
In addition, AEW will shortly air a new reality series. The series will follow the wrestling champions as they take to the road. Warner Media will air the show. It will likely take the place of Rhodes to the Top, another AEW show which followed the lives of Codi and Brandi Rhodes.
The AEW shows attract more than a million viewers every week. In just three years, Tony Khan has developed the EAW into the biggest challenge that the WWE has faced in twenty years.
Ring of Honor Acquisition
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In March 2022, Tony Khan net worth is likely to peak as he announced that he was buying Ring of Honor. Ring of Honor ROH was founded by Rob Feinstein in February 2002. Cary Silkin bought the business and grew it into one of the biggest wrestling promotion companies just below the WWE.
The last owner, the Sinclair Broadcast Company sold the franchise to Khan. The negotiations were kept under wraps until just before the sale. It is estimated that Khan paid between $30 and $40 million for his new acquisition.
The ROH acquisition came with all its assets including intellectual property, brand assets, and production equipment. Khan has stated that he will make the full ROH library available to the public. He intends to keep his two wrestling companies separate. He has submitted trademark applications for a new logo for the company. Industry pundits wonder how Khan will manage the two wrestling bodies under his command.
Khan also recently shocked the industry by mentioning Shane McMahon’s name in connection with his business. Shane is the son of the WWE chairman, Vince McMahon. Shane had hoped to fight in the 2022 Royal Rumble but his father put paid to his ambitions.
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Tony Khan’s Net Worth Estimate
It is difficult to find details on Tony Khan’s net worth. He received $100,000 from his father to start AEW and went on to sign a $175 million four-year deal with Warner Media.
It is likely that Tony Khan’s net worth estimate is around $7 billion. He has shares in most of his father’s businesses. Still, the bulk of his fortune appears to have been made from his sporting ventures.
Khan owns several properties in the US including his home in Illinois. He also has mansions in Beverley Hills and Manhattan. His fleet of cars includes a classic Ferrari Enzo, a Mercedes Benz, Lamborghini Aventador, and an F-type Jaguar.
Tony Khan’s Awards
The Wrestling Observer Newsletter awarded Tony Khan promoter of the year in 2019. He was awarded again in 2020 along with Booker of the year. He received both prizes again in 2021.
Tony Khan” Controversies
In 2019, Tony Khan took to Twitter to tell a fan to go to hell. Fulham had just lost 2-1 to Burnley. Tony had tweeted that the team should “fight, finish and win.” A fan suggested that it was time for him to leave the club. Many people responded that Tony’s response was both immature and unprofessional
Following her departure from AEW in November 2021, Toni Swole used her Swole World call-in show to accuse the company of failing to diversify. She claimed that there is a lack of black representation in the company and that even when black people do fight in the shows, it doesn’t come across as genuine to black viewers. Tony Khan responded on Twitter. He pointed out that he and his legal counsel represented diversity and went on to name black wrestlers who had reached the top. He said that he hadn’t renewed Swole’s contract because she “wasn’t good enough.”
Many Twitter users didn’t like Khan’s response and took to the air.
In April, Tony Khan claimed that an independent study had found that there were bots spreading negative information on social media about AEW. He pointed out that there were thousands of Twitter messages that had been deployed by the chatbots. He wondered who would have the money to pay for such an expensive exercise, the suggestion being that it might be WWE. Not too many people believed this conspiracy theory. Though Khan says that he has hired IT experts to investigate the problem.
Tony Khan’s Height and Weight
Tony Khan is 5’8” and weighs 160 pounds
Tony Khan | The Future
At 40, Tony Khan is still a young man. Still, he’s turning heads in the sporting world with his showmanship and business acumen. We’re quite sure that he will continue to make waves in the world of sport and entertainment. Tony Khan net worth is likely to continue growing in the near future.
There have recently been reports that Khan has filed to run for a seat in the House of Representatives. He will have to win the nomination and then the seat. If he does, he may soon enter politics on a Democratic card. Following the report, Khan tweeted that he wasn’t running for Congress. We’ll have to wait and see whether he will turn his interest to politics.
Tony Khan is a very private person so we know little to nothing about his personal life or romantic interests. Over the next few years, it is quite possible that he will meet his romantic match and start of a family of his own.
Tony Khan Net Worth & Bio Summary
|Net worth||$7 billion|
|Date of birth||10th October 1982|
|Place of birth||Champaign, Illinois|
|Annual income||$50 million|
|Social media presence||Twitter, Instagram|