JUST IN: Dan Friedkin gets £900m boost as Everton takeover edges closer

Dan Friedkin gets £900m boost as Everton takeover edges closer
Dan Friedkin gets £900m boost as Everton takeover edges closer

Dan Friedkin gets £900m boost as Everton takeover edges closer

Dan Friedkin gets £900m boost as Everton takeover edges closer

Dan Friedkin, the prospective new Everton owner, has seen his net worth reach an all-time high. The US billionaire’s

firm is presently awaiting regulatory approval to buy the Toffees.

Friedkin, 59, CEO and owner of The Friedkin Group (TFG), the current owners of Italian Serie A giants AS Roma

and the company expected to take the reins from current Everton owner Farhad Moshiri, potentially before the end

of this year, has seen his personal net worth reach $7.6 billion (£5.8 billion) this week.

Friedkin’s riches is based on the success of TFG, a company started by his late father, Thomas, in 1969. TFG, based

in Houston, Texas, controls Gulf States Toyota, which sold $11 billion (£8.4 billion) in Toyotas in 2023. The firm has

an exclusive license to sell the Japanese automobile brand in significant regions such as Texas, Arkansas, Louisiana,

Mississippi, and Oklahoma.

TFG also owns Imperative Entertainment, a film production firm based in Santa Monica, California, which produced

the Martin Scorcese epic ‘Killers of the Flower Moon’ starring Leonardo DiCaprio last year.

Friedkin’s net worth during this year was $6.4 billion (£4.9 billion), a rise from $4.3 billion (£3.3 billion) in 2023.

According to Forbes, his net worth has increased by around 77% over the last two years. It is enough to position him

393rd on Forbes’ worldwide rich list.

In contrast, current Everton owner Moshiri’s net wealth is $2.7 billion (£2.1 billion), down from $3.1 billion (£2.4

billion) last year, marking a 13% reduction.

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