Shahal M. Khan Explained
Shahal M. Khan (born New York, United States) is an American businessman. Khan is primarily known for his to purchase the Plaza Hotel in New York City from the Sahara Group, alongside Kamran Hakim, for $600 million.[1] [2] [3]
Career
- Founder of Burtech Acquisition Corporation- NASDAQ Listed (BRKHU) SPAC. [4]
- Founder of the Khan Institute for Economics and Cybersecurity partners with American University in Washington D.C. [5]
- Founder of BIDC (Burkhan Investment Development Corp) agrees to fund $20 million into Enercap Holdings.[6]
- Founder of Tempus Network agrees to fund $25 million into GMEX Group. [7]
- Founder of Trinity Hospitality Group (www.trinityholdings.world)
- Founder of Fortune Investment House, a Bahrain-based real estate investment Bank.
- Founder of Global Voice Telecom- The First Wholesale International VoIP provider for Global Telecom Operators.
- CEO of Centile Ltd, a French IPBX software company based in Monaco, from 2004 to 2006.
- Founder and Vice Chairman of Zebasolar, a solar energy company which received the first Solar License in India.
- Partner at GlobalTurk Capital, a Turkish merchant bank, from 2012 to 2016.
- Co-Founder of Mice360 which merged with Global Data Sentinel CyberSecurity Firm (GDS360 also known as Cyvolve) in 2016.
Plaza Hotel
In May 2018, Khan and Kamran Hakim, a prominent New York City landlord and property investor, entered into an agreement to purchase the Plaza Hotel, an historic and high-profile luxury property in Manhattan, for $600 million from Sahara India Pariwar, a London-based Indian conglomerate.[8] [9] [10] The acquisition is partially financed through a $415 million loan from British real estate investors David and Simon Reuben.[11]
Personal life
Khan was born in New York, United States, of Indian and Pakistani heritage. He received a bachelor's degree in economics from American University and a master's degree in international development from the Johns Hopkins University Nitze School of Advanced International Studies.[12] Khan primarily resides in Washington, D.C., Dubai, and the Portuguese Riviera (Quinta da Beloura, Sintra).[13]
Notes and References
- https://skift.com/2019/05/15/ritz-carlton-central-park-may-be-sold/ Ritz-Carlton Central Park May Be Sold
- News: Deal Is Reached to Sell the Plaza Hotel. The New York Times . 3 May 2018. 8 June 2018. Satow . Julie .
- Web site: Up next for crypto-crazed investors: A slice of NYC's Plaza Hotel. Seema. Mody. 27 March 2018. cnbc.com. 8 June 2018.
- Web site: renaissancecapital.com . 2021-08-19 . SPAC BurTech Acquisition files for a $250 million IPO . 2023-04-16 . Renaissance Capital . en.
- Web site: Abel . Natasha . A $5 Million Gift to American University Advances Cyber and Economic Security . 2023-04-16 . American University . en.
- Web site: Advanced energy storage technology developed in UAE receives $20m funding from US global infrastructure development firm . 2023-04-16 . gulfnews.com . en.
- Web site: 2022-07-30 . Meet GMEX Group - A Leading Global Operator Of Multi-Asset Exchange Trading And Post Trade Software . 2023-04-16 . Tech Company News . en-US.
- Web site: Plaza Hotel's $600 Million Deal May Go Forward With New Buyers. bloombergquint.com. 8 June 2018.
- Web site: Plaza Hotel's US$600m deal may go ahead with new buyers. businesstimes.com.sg. 8 June 2018.
- https://therealdeal.com/2018/05/03/shahal-khan-kamran-hakim-in-contract-to-buy-plaza-hotel-for-600m-sources/ The Real Deal - Shahal Khan, Kamran Hakim in Contract to Buy Plaza Hotel for $600M
- Web site: New York's Plaza Hotel to sell for $600 million. Matthew. Rocco. 4 May 2018. foxbusiness.com. 8 June 2018.
- Web site: Shahal Khan - Linkedin. linkedin.com. 8 June 2018.
- Web site: Shahal M. Khan. www.globaldatasentinel.com. 8 June 2018.
