In February, Shilen Patel successfully took over West Bromwich Albion from the unpopular Guochan Lai, answering the fans’ prayers.
The former owner had a memorable time with the Baggies. Despite all of the potential, the club’s development halted. Under Lai’s leadership, they transformed from a well-established Premier League team to a Championship team vying for promotion.
Patel’s future with the team, though, appears to be a welcome change as West Brom strives to establish itself as a mainstay in the top division once more. However, where did the new Albion owner get the money that made it possible for him to succeed Lai?
In Florida, Patel’s father constructed his ideal home.
Birmingham Live claims that although the American is reputedly worth $100 million, his wealth goes beyond that.
With an estimated $400 million behind him, the millionaire’s father, Kiran, is worth four times as much as his son.
Both Shilen and Kiran Patel owned Bilkul Football WBA, LLC, the business that acquired West Brom in February. They took over Guochan Lai’s ownership of the football team, acquiring an 87.7% interest.
The seeds for success were sown many years ago by the father of the Florida businessman. Originally from Zambia, the doctor-turned-entrepreneur would earn a living in the United States with the help of his wife, Pallavi, a physician as well.
Kiran, who is now 75 years old, has given his son control of the family firm, which has greatly increased the Baggies owner’s wealth. Having amassed hundreds of millions of dollars through the purchase and sale of healthcare enterprises, the Patel family has embodied the American ideal.
Over the years, he and his wife, Pallavi, are said to have donated more than $240 million to Florida’s healthcare, education, and arts sectors. Known for his generosity, Kiran was recognized for his amazing contributions to his community in 2017 by winning the title of Floridan of the Year.
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