Shahal M. Khan


Shahal M. Khan is an American businessman. Khan is primarily known for his move to purchase the Plaza Hotel in New York City from the Sahara [India Pariwar|Sahara Group], alongside Kamran Hakim, for $600 million.

Career

  • Founder of Burtech Acquisition Corporation- NASDAQ Listed SPAC.
  • Founder of the Khan Institute for Economics and Cybersecurity partners with American University in Washington D.C.
  • Founder of BIDC agrees to fund $20 million into Enercap Holdings.
  • Founder of Tempus Network agrees to fund $25 million into GMEX Group.
  • Founder of Trinity Hospitality Group
  • Founder of Fortune Investment House, a Bahrain-based real estate investment Bank.
  • Founder of Global Voice Telecom- The First Wholesale International VoIP provider for Global Telecom Operators.
  • CEO of Centile Ltd, a French IPBX software company based in Monaco, from 2004 to 2006.
  • Founder and Vice Chairman of Zebasolar, a solar energy company which received the first Solar License in India.
  • Partner at GlobalTurk Capital, a Turkish merchant bank, from 2012 to 2016.
  • Co-Founder of Mice360 which merged with Global Data Sentinel CyberSecurity Firm in 2016.

Plaza Hotel

In May 2018, Khan and Kamran Hakim, a prominent New York City landlord and property investor, entered into an agreement to purchase the Plaza Hotel, an historic and high-profile luxury property in Manhattan, for $600 million from Sahara India Pariwar, a London-based Indian conglomerate. The acquisition is partially financed through a $415 million loan from British real estate investors David and Simon Reuben.

Personal life

Khan was born in New York, United States, of Indian and Pakistani heritage. He received a bachelor's degree in economics from American University and a master's degree in international development from the Johns Hopkins University Paul H. [Nitze School of Advanced International Studies|Nitze School of Advanced International Studies]. Khan primarily resides in Washington, D.C., Dubai, and the Portuguese Riviera.