12 Facts About Jahm Najafi

Jamshid Jahm Najafi was born on March 1963 and is an Iranian-American billionaire businessman.

Jahm Najafi manages The Najafi Companies, a private equity firm, is vice chairman of the NBA's Phoenix Suns and McLaren Racing.

Jahm Najafi received a bachelor's degree in political science and economics from the University of California, Berkeley, followed by a master's degree in business economics from Harvard University in 1986.

Jahm Najafi was a founding partner of Social Venture Partners, a philanthropic venture capital fund that invests in emerging nonprofit organizations, as well as the Arizona State University Committee for Design Excellence.

Jahm Najafi was named to the Phoenix Business Journal's Forty under 40 list in 2001.

Jahm Najafi has been on the board of directors for the Phoenix Symphony and Phoenix Metropolitan Area Convention and Visitors Bureau, and as chair of the board of trustees of Phoenix Country Day School.

Jahm Najafi is part owner and vice chairman of the Phoenix Suns professional basketball team and a governor on the board of the National Basketball Association.

When Robert Sarver eventually sold the team to new ownership led by Mat Ishbia and his brother Justin Ishbia, Jahm Najafi was one of three minority team owners to keep all their stakes with the team once the sale went through on February 7,2023.

Jahm Najafi makes investments across industries with significant holdings in consumer, media, sports, travel, ecommerce, retail and technology.

In December 2020, Jahm Najafi was announced as the next vice-chairman of McLaren Racing, a Formula One constructor.

Jahm Najafi later acquired the France, Belgium, Switzerland and Quebec operations of Direct Group.

Jahm Najafi invested in 2021 in Scarlett Johansson's eco-friendly, plant-based skincare line, The Outset.