Shad Khan on Forbes 2026 billionaire list. Where does he rank? See list

The Forbes 2026 World’s Billionaires list, released March 10, marks the 40th annual ranking — and the largest ever. A record 3,428 billionaires made the list this year, with Elon Musk topping the ranking for the second year in a row as the world’s richest person.

According to Forbes, there are more billionaires in the world than ever before. The 2026 list includes about 400 more “entrepreneurs, investors and heirs” than a year ago, and together they’re worth a record $20.1 trillion, up $4 trillion from 2025.

Florida plays a big role in that wealth. Billionaires who live in the state account for at least $1.4 trillion combined, including tech giants Larry Page, Jeff Bezos and Mark Zuckerberg.

Closer to home, Jacksonville billionaire Shad Khan — owner of the Jacksonville Jaguars and the Kismet mega yacht — ranked among the top 200 richest people in the world.

For comparison, the median net worth of U.S. households was $192,900 in 2022, the most recent data available from the Federal Reserve.

Here’s where Khan and other Florida billionaires landed on the Forbes 2026 list.

Forbes said its estimates on net worth are a snapshot of wealth based on stock prices and exchange rates from March 1, 2026. “Some people become richer or poorer within days of publication,” the company said.

Forbes also values a variety of assets, including real estate, private companies, art and more, although “we don’t pretend to know each billionaire’s private balance sheet (although some provide it).”

As of early March 2026, the world’s richest person remains Elon Musk, CEO of Tesla and SpaceX and a former adviser to Donald Trump. Musk holds a massive lead with an estimated net worth of $839 billion as of March 1, 2026, rising to about $844.9 billion by March 11.

The second-richest individual is Larry Page, former CEO of Alphabet Inc. (Google’s parent company), with an estimated $257 billion.

He is followed by fellow Alphabet co-founder and former president Sergey Brin, whose fortune is estimated at $237 billion.

In fourth place is Jeff Bezos, founder of Amazon, with an estimated $224 billion. Rounding out the top five is Meta head and rumored new Florida resident Mark Zuckerberg with $222 billion.

Shad Khan (Shahid Khan), the owner of auto parts supplier Flex-N-Gate and the NFL’s Jacksonville Jaguars, made the list at No. 193, sharing a tie with James Dyson, known for being the creator of Dyson vacuums.

Shad Khan and James Dyson both have a net worth valued at 15 billion.

In 2025, Forbes reported Khan’s net worth at $13.4 billion, ranking him No. 175 in the world. The Jaguars owner’s net worth was reported at $12.2 billion in 2024, $12.1 billion in 2023 and $7.6 billion in 2022.

Forbes 400 list: Jacksonville Jaguars owner Shad Khan is 74th richest American at $14.3 billion

Shad Khan built his fortune primarily through his auto parts company Flex-N-Gate and his ownership of the Jacksonville Jaguars in the National Football League.

An immigrant from Pakistan and trained engineer, Khan purchased Flex-N-Gate from his former employer in 1980. His breakthrough design — a one-piece truck bumper — helped propel the company’s growth. Today, Flex-N-Gate operates 76 plants worldwide and employs more than 27,000 people.

In 2019, Khan and his son, Tony Khan, launched All Elite Wrestling, a professional wrestling promotion that competes with WWE.

Khan has also invested in hospitality. He owns the Four Seasons Hotel Toronto and is developing a new Four Seasons Hotel and Residences Jacksonville, expected to open in December 2026.

Khan bought the Jacksonville Jaguars in 2012 and the UK’s Fulham football club in 2013. He is also ranked No. 19 as The World’s Richest Sports Team Owners 2026 by Forbes.

The new Kismet has a length on water of 400 feet (122 meters).

It can accommodate up to 12 guests in up to nine cabins, boatinternational.com reported, with a crew of 36 plus the captain to serve them. The Kismet includes three pools spread out over six decks, four fireplaces, two fire pits, a spa featuring a hammam, or Turkish bath, sauna and cryotherapy chamber, plus a gym, basketball court and pickleball court. And, of course, a helipad.

The reported price tag for the latest “Kismet,” built to Khan’s specifications under “Project Jag,” was $360 million.

Billionaires like warm weather. The Palm Beach area alone accounts for about 70 of them.

Here are the top 10 billionaires with close Florida ties in 2026. Each net worth listed is as of March 1.

• Net worth: $257 billion

• Age: 52

• Source: Google

Page cofounded Google in 1998 with the next name on the Forbes list, fellow Stanford student Sergey Brin. He was CEO of Google until 2001, came back from 2011 to 2015, and became CEO of Google’s new parent company Alphabet. He stepped down in 2019 but remains on the board of directors and is one of the largest shareholders.

In January, Page bought two mansions for more than $173 million in the Coconut Grove enclave in Miami, according to Realtor.com. The move came as California lawmakers were considering a ballot measure for a one-time wealth tax of 5% on anyone worth more than $1 billion, the release said. He wasn’t the only billionaire to flee the state.

Net worth: $237 billionAge: 52Source: Google

Russian immigrant Brin moved to the U.S. with his family to avoid anti-Semitism, Forbes said. He cofounded Google with Page in 1998 and later became president of Alphabet, but stepped down in 2019. He remains a board member and a controlling shareholder.

Last week, Realtor.com reported that Brin bought a $51 million megamansion on Allison Island in Biscayne Bay.

• Net worth: $224 billion

• Age: 62

• Source: Amazon

Amazon founder Jeff Bezos bought his third home in Billionaire Bunker, a man-made barrier island in Biscayne Bay near Miami Beach, in 2024. Bezos graduated from Palmetto High School in Miami, and his company rocket and space tourism company Blue Origin has a facility in Cape Canaveral next to Kennedy Space Center and SpaceX.

• Net worth: $222 billion

• Age: 41

• Source: Facebook

Mark Zuckerberg started Facebook when he was 19 and grew it into a sometimes controversial social media empire. He took the company public in 2012 and owns about 13% of the stock, Forbes said. In 2021, Facebook changed its name to Meta to reflect new priorities.

In early March, Zuckerberg and his wife, Priscilla Chan, bought a $170 million property on Miami’s exclusive Billionaire Bunker, according to reports.

• Net worth: $190 billion

• Age: 81

• Source: Oracle

Ellison founded the Oracle Corporation in 1977 and was CEO until 2014. He still remains chairman and Chief Technology Officer. He owns about 40% of the company, Forbes said. He also sat on Tesla’s board from 2018 to 2022, and owns nearly half of media giant Paramount Skydance (currently working to take over Warner Bros. Discovery). Oracle is one of the three companies forming a joint venture to manage the popular app TikTok in the U.S.

Ellison also likes land. He owns nearly all of the Hawaii island of Lanai, but this year Forbes reported that he moved to his $173 million, 16-acre compound in Manalapan, 20 minutes away from Mar-a-Lago. In the last few years, he has also purchased a waterfront estate in North Palm Beach, the Eau Palm Beach Resort & Spa, and Lion Country Safari.

Hungarian-born Peterffy arrived in the U.S. speaking no English, but he used his programming skills to pioneer electronic trading on Wall Street. Peterffy, a Palm Beach resident and major Florida landowner, founded the brokerage firm Interactive Brokers Group.

Peterffy also saw his net worth rocket skyward in recent years, from a net worth of $20 billion in 2021 and $34 billion in 2024 to nearly $60 billion in 2025 and $82.9 billion in 2026, Forbes said.

Palm Beacher Julia Koch and her family inherited a 42% stake in Koch Inc, formerly Koch Industries, from her late husband, David Koch, who died in 2019. Koch is the third-richest woman in the world behind Alice Walton, daughter of Walmart founder Sam Walton ($134 billion) and French heiress Françoise Bettencourt Meyers ($100 billion), according to Forbes.

Koch has been a winter resident of Palm Beach for years but put her $60 million Park Avenue apartment on the market in 2022, reportedly to spend more time at her houses here and in Southampton.

• Net worth: $49.8 billion

• Age: 57

• Source: Hedge funds

Ken Griffin, the largest landowner in Palm Beach, is the founder of Miami-based investment and securities firm Citadel, with more than $68 billion in assets, according to Forbes. Griffin, who has deep Florida roots, moved Citadel and his family from Chicago to Miami in 2022.

Like many others on the list, his net worth has soared in recent years, and Griffin’s wealth has more than tripled since 2021 when it was an estimated $16 billion.

Schwarzman, Palm Beach resident and the son of a dry goods store owner, cofounded Blackstone Group in 1985 and saw it grow from a merger-and-acquisition advisory business into the world’s largest buyout firm, with over $1 trillion in assets, according to Forbes.

Schwarzman is one of the few people on the list to have seen his net worth drop in the last year, from $44.4 billion in 2025.

Investments/finance executive Abigail Johnson is the CEO of Fidelity Investments, which was formerly run by her father and founded in 1946 by her grandfather. She owns an estimated 28.5% stake of the firm, which Forbes says managed discretionary assets totaling $5.9 trillion as of March 2025.

While Johnson lives on an estate in Massachussetts, she has a home in (where else) Palm Beach.

For the first time, musicians Beyoncé and Dr. Dre made the Forbes billionaires list, along with tennis legend Roger Federer, filmmaker James Cameron, and a variety of AI startup founders.

The nation’s president made the list at No. 645 with an estimated net worth on March 1 of $6.54 billion. Last year, Trump was ranked No. 700 with $5.1 billion, up from $2.3 billion in 2024.

Trump is sitting at $6.3 billion as of March 11, according to Forbes data.

Doris Alvarez is a Breaking and Trending Reporter for The Florida Times-Union. You can get all of Jacksonville’s best content directly in your inbox each weekday by signing up for the free Daily Briefing and News Alerts newsletters at jacksonville.com/newsletters.

This article originally appeared on Florida Times-Union: Where Jaguars owner Shad Khan ranks on Forbes 2026 billionaires list