>>5238027Shad holds all of the wealth. Almost none of it is liquid and is based entirely on the valuation of Flex N Gate which is valued at $6bn, give or take economic fluctuations.
Fulham has cost them over a quarter of a billion of actual cash, not asset valuation. AEW is moving towards the quarter of a billion in losses level when totalled over the lifespan.
The Jags make around $100m a year of which Shad might see a quarter of that. FNG makes nothing for Khan personally outside of his salary as the profits are baked back into the company.
The amount of people on here who understand how wealth works is practically zero. In every day life, Vince is absolutely definitely "richer" than Khan. Khan has asset value but as it's a private company rather than a public one, he has no access to capital outside of secured credit and you don't become a businessman by using secured credit to pay for your daily expenses.
Vince is rich in the same way that Elon Musk is rich. He has huge personal ownership in a public company which gives him a dividend and immediate access to cash whenever he wants through trading. Shad Khan is rich like the Queen of England is rich. They have lots of things that people say are worth money but they can't just sell them whenever they want to get that money. It's purely a theoretical wealth until there's an ability to liquidise it which they currently don’t have.
People talk about Khan like he can just throw money away because he has ownership of a successful company. That totally misunderstands how wealth is generated and the losses in the last few years, which total up to about 5% of ASSET wealth, would have made him take notice.
To give you an analogy, this would be like you owning a house worth $1m and calling yourself a millionaire. You're not, you can't afford the heating bill. You have a thing with a million that you might sell in the future but that doesn't mean that if your kid spent $50,000 on Fortnite then you'd be okay with it.
