The Friedkin Group has completed its takeover of Everton, and the club's new owner is worth considerably more than Liverpool's John W Henry. A deal was initially agreed between Everton and TFG in June but collapsed a month later. However, the takeover was revived, and a new agreement was reached in September. The takeover is not Dan Friedkin's first foray into the football world, as TFG purchased Roma in 2020.
The Premier League ratified the takeover on Thursday, after it was already approved by the FA, Women's Professional Leagues Limited and Financial Conduct Authority. Ending Farhad Moshiri's eight-year reign at Everton, Friedkin has been proposed as chairman of the board. Here is a closer look at the new owner's net worth.
According to Forbes, Friedkin has a net worth of £6.25bn ($7.9bn). The 59-year-old became CEO of Gulf States Toyota and TFG after his father, Thomas, retired in 2000. Gulf States Toyota sold £8.6bn worth of cars in 2023, with exclusive rights to sell Toyotas in Texas, Arkansas, Louisiana, Mississippi, and Oklahoma.
The US businessman became chairman of Auberge Resorts Collection in 2013. The company has a collection of luxury resorts and hotels in the US, Mexico, Costa Rica, Europe, the Caribbean, and Fiji. In 2017, Friedkin co-formed film production company 30West and has since co-founded entertainment studio Imperative Entertainment.
