Washington: Shahid Khan, a Pakistani-American, has made it to the list of the 400 richest people in the United States in the year 2020.
Shahid Khan's total wealth is 7.8 billion.
The list of the 400 richest people in America was released by Forbes 2 days ago.
Jeff Bezos, founder and CEO of technology company Amazon, topped the list for the third year in a row, according to the Dawn newspaper.
Second on the list, after Jeff Bezos, is Microsoft founder Bill Gates.
According to Forbes, Jeff Bezos has a net worth of 17 179 billion in 2020, while Bill Gates has a net worth of 11 111 billion.
Mark Zuckerberg, CEO of Facebook, a well-known social networking site, is third on the list with a net worth of 85 85 billion.
Elon Musk, Tesla's founder, grew the most this year, becoming 242% richer than last year's ranking.
When Forbes released its final estimate of Tesla's wealth on July 24, its stock had risen 520 percent, and Elon Musk's wealth had risen by 48 48.10 billion more than last year's list.
In the 2019 rankings, Elon Musk was the 23rd richest person in the United States with a net worth of 19 19.90 billion, but this year he is ranked seventh on the list with a combined net worth of 68 68 billion.
Shahid Khan is the only Pakistani on the list who is an engineer and is involved in trade.
He moved to the United States from Pakistan when he was just 16 years old and had 500 in his jeep.
He bought the auto parts company Flex-N-Gate from a self-employed person in 1980, which is his real income, and now the company has 66 plants worldwide and 24,000 employees.
Shahid Khan's design for the One Pace Truck Bumper was the reason for his success. The company now has 66 plants worldwide and more than 24,000 employees.
In the Flex-N-Gate company alone, Shahid Khan's wealth had reached one billion dollars.
Last year, Shahid Khan launched All Elite Wrestling with his son, the first weekly show of which was aired in October 2019.
In January this year, he signed a four-year extension with Warner Media.
Shahid Khan also owns the NFL's Jacksonville Jaguars, which he bought in 2012.
He also owns the Fulham Football Club in the UK, which Shahid Khan bought in 2013.
He is also the largest financier of the Black News Channel, a 24-hour news channel that was launched in February 2020.
In addition, US President Donald Trump is ranked 339th in the list and his ranking has dropped by 64 places compared to last year.
According to Forbes, Trump's businesses are declining rapidly and real estate developers are no longer working with him.
At the same time, Forbes observed that the global corona virus epidemic did not stop the 400 richest people in the United States from making more money in 2020.
Compared to last year, the list of rich people has increased by 8% this year, with a total wealth of 32 trillion.
According to Forbes, these figures increased their wealth by 240 billion in the year of the global epidemic, while the wealth of the 25 billionaires included in the 2019 list also decreased.
