Tony Khan’s AEW sports empire valuation has been highlighted in CNBC’s recent ranking of the top 20 Most Valuable Sports Empires for 2025, where the Khan family earned the 13th spot. The Khan family’s combined sports assets, including the Jacksonville Jaguars NFL team, Premier League’s Fulham FC, and All Elite Wrestling, are estimated to be worth approximately $9.88 billion. This impressive valuation places their empire above notable competitors, narrowly surpassing Gail Benson’s holdings, which are valued at $9.77 billion, while trailing the Glazer family, owners of the NFL’s Tampa Bay Buccaneers and Manchester United in the Premier League.
Shahid Khan’s Ownership With Tony Khan Leading AEW’s Operations
Shahid Khan is officially the owner of the sports franchises under the family’s control, which include the Jaguars, Fulham FC, and AEW. Tony Khan, credited as the CEO, General Manager, and head of creative for All Elite Wrestling, plays a crucial role in running AEW. CNBC highlights Tony as a key operator within the Khan family’s sports empire, which continues to grow in prominence and value through their diverse portfolio of sports investments.
Tony Khan Reflects on Persuading His Father to Back AEW’s Early Investment
Recently appearing on The Rich Eisen Show, Tony Khan shared insights on how he convinced his father, Shahid Khan, to invest in AEW despite the initial risks involved. Comparing the situation to a dramatic scene from the television show Succession, Tony recalled that during Christmas 2018, he had to strongly persuade his father to approve a significant eight-figure investment without any guarantees in place, including a television deal, which only came months later in May 2019.
I didn’t even have the TV deal. We didn’t secure that until months later, officially, May of 2019. But I had been working on it. And he later said, this is a great example of why parents should sometimes trust their kids even when they don’t necessarily believe in the idea. You just gotta have faith.
—Tony Khan, CEO and AEW Head of Creative
Tony also noted that despite the tough initial conversations, his father has been very supportive of AEW’s ongoing success. When asked if there had been any
“how do you like me now”
moments between them regarding AEW’s achievements, Tony replied that such a moment hasn’t occurred because his father has consistently backed the project.
The Khan Family’s Expanding Influence in Global Sports Markets
Ranking 13th on CNBC’s list solidifies the Khan family’s position as influential players in global sports business, combining American football, English football, and professional wrestling under one umbrella. This valuation reflects the strategic growth of Tony Khan AEW sports empire valuation and the family’s commitment to diversifying their sports interests. With the ongoing leadership of Tony in AEW and Shahid’s ownership of multiple franchises, the Khan family is set to maintain and potentially increase their standing among the world’s wealthiest sports empires in the coming years.
Our Reader’s Queries
Q. Is Tony Khan a billionaire?
A. According to Forbes, Shahid Khan, Tony Khan’s father, has more than $12 billion in wealth. Tony Khan’s net worth isn’t publicly known, but reports suggest it’s about $1.5 billion because he owns AEW.
