{"id":823176,"date":"2026-03-20T13:56:22","date_gmt":"2026-03-20T13:56:22","guid":{"rendered":"https:\/\/www.rawchili.com\/nfl\/823176\/"},"modified":"2026-03-20T13:56:22","modified_gmt":"2026-03-20T13:56:22","slug":"river-city-riches-heres-where-jacksonvilles-two-billionaires-landed-on-forbes-2025-list","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nfl\/823176\/","title":{"rendered":"River City Riches: Here&#8217;s where Jacksonville&#8217;s two billionaires landed on Forbes 2025 list"},"content":{"rendered":"<p>In Northeast Florida\u2019s tiny <a href=\"https:\/\/sjcitizen.com\/feline-good-st-augustine-mayor-cheers-jags-downing-of-new-york-jets-with-shad-khan\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">billionaire orbit, <\/a>the contrast is almost cinematic: one mogul polishing a legacy, the other riding the volatility of a fresher fortune.<\/p>\n<p>We can start with the obvious: Shad Khan.<\/p>\n<p>The dashing Jaguars owner remains Jacksonville\u2019s undisputed financial king by a wide margin, ranking No. 74 on the 2025 Forbes 400 with a net worth around $14.3 billion.<\/p>\n<p><img loading=\"lazy\" data-od-removed-fetchpriority=\"high\" data-od-xpath=\"\/HTML\/BODY\/DIV[@class='elementor elementor-74 elementor-location-single post-18307 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-real-estate tag-featured-1']\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[10][self::DIV]\/*[4][self::FIGURE]\/*[1][self::IMG]\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rawchili.com\/nfl\/wp-content\/uploads\/2026\/03\/shad-1024x683.jpg\" alt=\"man and woman at football game\" class=\"wp-image-15260\"   data-eio=\"p\"\/>St. Augustine Mayor Nancy Sikes-Kline, left, Jaguars owner Shad Khan, right. (Facebook)<\/p>\n<p>Yet even as his wealth climbed, his position slipped a bit\u2014down from No. 64 the year prior and No. 55 before that.<\/p>\n<p>His fortune stems from Flex-N-Gate, but his local identity is tied to the beloved Big Cats, now valued at roughly $5.6 billion amid ongoing stadium redevelopment plans.<\/p>\n<p>The franchise itself feels cautiously ascendant\u2014young talent, flashes of playoff relevance, and a long-term vision anchored by a reimagined downtown, including a forthcoming Four Seasons Hotel and Residences Jacksonville tied to team ownership.<\/p>\n<p>Then there\u2019s the less obvious name on the gilded Forbes roster: <a href=\"https:\/\/sjcitizen.com\/blockbuster-149m-sawgrass-marriott-sale-closes-new-owners-plan-major-overhaul\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Patrick Zalupski.<\/a><\/p>\n<p><img loading=\"lazy\" data-od-xpath=\"\/HTML\/BODY\/DIV[@class='elementor elementor-74 elementor-location-single post-18307 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-real-estate tag-featured-1']\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[10][self::DIV]\/*[9][self::FIGURE]\/*[1][self::IMG]\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rawchili.com\/nfl\/wp-content\/uploads\/2026\/03\/zalupski-1024x683.jpg\" alt=\"PIcture of homebuilder\" class=\"wp-image-9491\"   data-eio=\"p\"\/>Patrick Zalupski (University of Florida)<\/p>\n<p>Jacksonville\u2019s homebuilding billionaire sits far lower on the global list, around No. 3,100 in 2026, with a net worth near $1.1 billion, down from roughly $1.5 billion the year before as Dream Finders Homes stock cooled.<\/p>\n<p>But his story is arguably more kinetic.<\/p>\n<p>Zalupski recently sold his <a href=\"https:\/\/sjcitizen.com\/dreamfinders-chief-patrick-zalupski-sells-ponte-vedra-beach-estate-after-sawgrass-rays-acquisitions\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ponte Vedra Beach mansion <\/a>for $8.75 million, even as he expanded his reach\u2014most notably as part of the group that bought the Tampa Bay Rays.<\/p>\n<p>He was also part of the consortium that picked up the famed Sawgrass Marriott Golf Resort &amp; Spa in Ponte Vedra Beach for $149 million in November.<\/p>\n<p>Together, they sketch Jacksonville\u2019s wealth spectrum: Khan, the entrenched industrialist with a franchise centerpiece and Zalupski, the fast-moving builder-turned-sports owner.<\/p>\n","protected":false},"excerpt":{"rendered":"In Northeast Florida\u2019s tiny billionaire orbit, the contrast is almost cinematic: one mogul polishing a legacy, the other&hellip;\n","protected":false},"author":2,"featured_media":823177,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2060],"tags":[114172,7,212,125,2401,213,6],"class_list":["post-823176","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville-jaguars","tag-featured-1","tag-football","tag-jacksonville","tag-jacksonville-jaguars","tag-jacksonvillejaguars","tag-jaguars","tag-nfl"],"share_on_mastodon":{"url":"https:\/\/channels.im\/@nfl\/116261854730150053","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/823176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/comments?post=823176"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/823176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media\/823177"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media?parent=823176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/categories?post=823176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/tags?post=823176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}