Age, Biography and Wiki
Jahm Najafi was born on 1963 in Iran, is a Chairman. Discover Jahm Najafi's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 60 years old?
Popular As |
N/A |
Occupation |
Investor |
Age |
60 years old |
Zodiac Sign |
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Born |
1963, 1963 |
Birthday |
1963 |
Birthplace |
N/A |
Nationality |
Iran |
We recommend you to check the complete list of Famous People born on 1963.
He is a member of famous Chairman with the age 60 years old group.
Jahm Najafi Height, Weight & Measurements
At 60 years old, Jahm Najafi height not available right now. We will update Jahm Najafi's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Jahm Najafi's Wife?
His wife is Cheryl Najafi
Family |
Parents |
Not Available |
Wife |
Cheryl Najafi |
Sibling |
Not Available |
Children |
3 |
Jahm Najafi Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Jahm Najafi worth at the age of 60 years old? Jahm Najafi’s income source is mostly from being a successful Chairman. He is from Iran. We have estimated
Jahm Najafi's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Chairman |
Jahm Najafi Social Network
Instagram |
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Linkedin |
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Twitter |
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Facebook |
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Wikipedia |
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Imdb |
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Timeline
On 7 December 2021, Jahm Najafi's Najafi Companies announced that it had reached an agreement to acquire STX Entertainment from ErosSTX for US$173 million. The deal is subject to a 45-day period where ErosSTX may solicit other offers; if ErosSTX declines the offer, it must pay a $4.5 million breakup fee.
In December 2020, Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor.
In 2017, Najafi bid for ownership of Time Inc. through his company, Najafi Cos. Time is the owner of publications including Sports Illustrated, Fortune and People. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management.
In 2014, Najafi, through Najafi Cos., invested between $75 and $100 million to Paula Deen and Paula Deen Ventures to fuel her rebranding after she was fired from The Food Network in June 2013.
Najafi and his company Najafi Cos. were named highest bidder in negotiations to buy out Borders Group from bankruptcy protection in 2011. The bid fell through when Borders was liquidated. Najafi and Najafi Cos. also bid to buy The Boston Globe in 2013. The company invested approximately $200 million to Jeff Berg's talent agency, Resolution, after Najafi negotiated the deal in 2013.
In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. In 2007, it sold Network Solutions to General Atlantic for $800 million. Najafi led the company through the acquisitions of the Pert Plus shampoo brand and Sure deodorant brand from Procter & Gamble in 2006, and Trend Homes Inc. in 2008, Also in 2008, Najafi and Najafi Cos. purchased Direct Group, the parent company of the Book of the Month Club, Columbia House and BMG Music Service, from Bertelsmann AG, a German book publisher. The company later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group.
Najafi Companies (Najafi Cos.), a private-equity firm, was established in 2002. Najafi, head of the company, invests only his own capital. The company makes investments in companies with transaction value up to $1 billion and holds investments from five to ten years.
Najafi was a founding partner of Social Venture Partners, a philanthropic venture capital fund that invests in emerging nonprofit organizations, as well as on the board of Urban Land Institute and the Arizona State University Committee for Design Excellence. He was named to the Phoenix Business Journal's Forty under 40 list in 2001.
Najafi has a bachelor's degree in economics from the University of California, Berkeley. In 1986, he received a master's degree in business economics from Harvard University.
Jahm Najafi (born 1963) is an Iranian-American billionaire businessman. He runs Najafi Companies, a Phoenix-based private-equity firm, and is partial owner of the Phoenix Suns NBA team.