Kia Joorabchian Biography:
It was revealed in June 2010 that Kia Joorabchian had acquired a 50% stake in Brazilian midfielder Ramires for €6 million (through Jazzy Limited, with Joorabchian serving as the sole director).
Ramires was then playing for Benfica, but there was interest from across Europe, with Chelsea in the Premier League leading the way.
When Ramires transferred from Cruzeiro in Brazil to Benfica the previous year, an arrangement was purportedly signed with Benfica president Luis Filipe Vieira that included the trade.
Joorabchain is a sports business man with lots of influence, in this blog post, we will share his biography, net worth, and career, keep reading to find out more.
Kia Joorabchian Personal Life:
Kia Joorabchian, the son of Iranian auto dealer Mohammed Joorabchian, was born in Tehran on July 14, 1971. Joorabchian claims that the former director of the largest automobile manufacturing plant in the Middle East was his father’s uncle.
Joorabchian began his education at Golders Green School in north London before moving on to Shiplake College in Oxfordshire. Before quitting after his second year, he completed his education at Queen Mary and Westfield College, University of London, where he double majored in chemistry and business.
After the Shah was toppled in 1979, the Joorabchian family left Iran. When Joorabchian was six years old, they left for the UK, went to Canada, and then came back to England. One of the car dealerships his father owned and ran was Medway Autos in Ken.
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Kia Joorabchian Biography Summary:
First Name Kia
Last Name Joorabchian
Profession Business
Age 48 years old
Birth Date July 14, 1971.
Birth Place Tehran, Iran
Country British
Net Worth The estimated net worth of Kia Joorabchian is $5 million.
Profession Sports Business Man
Kia Joorabchian Career:
Joorabchian started his career as a laborer for his father before progressing to a dealer position at the London-based International Petroleum Exchange.
He settled in New York City and co-founded American Capital, a business with its headquarters in Manhattan and British Virgin Islands registration, with Reza Irani-Kermanian.
He moved there and started working in money management and the stock market.
To collaborate with Corinthians, a Brazilian football team, Joorabchian established Media Sports Investments in 2004. He had briefly pondered joining the Arsenal team but decided it would be too expensive.
Instead, Pini Zahavi, the so-called “super agent,” who Joorabchian identified in 2006 as a longtime friend, suggested he look into Brazilian football. Pelé’s agent also recommended it.
In exchange for a 51% stake in future profits over ten years, MSI would contribute $35 million, of which $20 million would be used to pay off debt.
When Joorabchian went to Brazil, he altered the way Corinthians was run, resulting in a 500% increase in revenue in the first year.
Kia Joorabchian Net Worth:
The estimated net worth of Kia Joorabchian is $5 million.
Kia Joorabchian Social Media:
Kia Joorabchain Social media handle hasn’t been confirmed yet.
Conclusion:
According to a Financial Times probe into Joorabchian’s other business interests in 2006, Joorabchian was registered as a director of eleven UK companies, including Karma Racing, a horse racing organization, and Karma, a kickboxing club in Chalk Farm, London. At the time, Greens of Rainham, a car dealership, was his biggest stake declared.