Jahm Najafi

Jahm Najafi is a Phoenix-based private equity investor whose portfolio includes direct-to-consumer brands and minority stakes in sports teams.

An Iranian by birth, Najfi's family immigrated to the U.S. when he was a child. After a stint on Wall Street and his older brother's Pivotal Group real estate firm, Najafi launched his own investment firm, Najafi Companies.

His most lucrative investment was a $100 million bet in 2003 on domain registrar Network Solutions, which he sold for $800 million in 2007. Najafi acquired a 10% stake in the Phoenix Suns in 2009 for an estimated $43 million; that stake is now worth $400 million.