Fawad Sarwar Bio 2026: Age, Height, Net Worth, PSL Hyderabad Owner, Chicago Kingsmen, Family & More
Fawad Sarwar has emerged as one of the most influential Pakistani-American businessmen in the sports industry, making headlines in January 2026 with his record-breaking purchase of the Hyderabad PSL franchise for PKR 1.75 billion. Born and raised in Hyderabad, Pakistan, this visionary entrepreneur has built a multi-million dollar empire spanning aviation, healthcare, and sports through his Kingsmen Global Sports Group, transforming from a cricket enthusiast to a major franchise owner in both the United States and Pakistan.

Quick bio
| Attribute | Details |
|---|---|
| Full Name | Fawad Sarwar |
| Profession | Entrepreneur, Sports Franchise Owner |
| Birth Date | July 1979 |
| Age | 46 years (as of 2026) |
| Birth Place | Hyderabad, Pakistan |
| Nationality | Pakistani-American |
| Famous For | Owner of Chicago Kingsmen (MiLC) and Hyderabad PSL franchise |
| Ethnicity | Pakistani |
| Zodiac Sign | Cancer |
| Current Residence | Dallas, Texas, USA |
| Education | International business education |
| Marital Status | Married |
| Years Active | 2000-present |
| Net Worth | Estimated $50-100 million (2026) |
| Main Businesses | FKS Group, Kingsmen Sports & Enterprises |
Early Life & Education
Fawad Sarwar was born and raised in Hyderabad, Pakistan, where he spent his formative years developing a deep passion for cricket. He completed his early education in his hometown before pursuing higher studies at leading international institutions. His upbringing in Hyderabad instilled in him a strong connection to his roots, which later influenced his decision to name his PSL franchise after his beloved hometown.
While specific details about his educational institutions remain private, sources indicate that Sarwar received comprehensive business education that prepared him for his future entrepreneurial ventures. His educational background combines technical knowledge with business acumen, enabling him to build successful enterprises across multiple sectors.
Career Journey
Early Business Ventures
Fawad Sarwar began his entrepreneurial journey in the early 2000s, establishing himself as a diversified businessman with interests across multiple sectors. His business philosophy centered on identifying opportunities in emerging markets and building sustainable enterprises.
Founding of FKS Group
The establishment of FKS Group marked a significant milestone in Sarwar’s career. The conglomerate operates across several key sectors:
- FKS Aviation: A leading aviation services company
- ProCare Health: Healthcare and medical services provider
- Kingsmen Enterprise: Sports management and entertainment company
Entry into Sports Franchise Ownership
Chicago Kingsmen Acquisition
Sarwar made his entry into professional sports by acquiring the Chicago Kingsmen, a professional Twenty20 cricket team competing in Minor League Cricket (MiLC) in the United States. Under his ownership, the team achieved significant success, including winning the MiLC 2024 championship.
Key achievements with Chicago Kingsmen:
- MiLC 2024 Champions
- Top performance in Top End T20 Series in Australia
- Development of Kingsmen Stadium in Illinois
- Implementation of family-oriented team culture
Dallas Ocelots
Expanding his sports portfolio, Sarwar also owns the Dallas Ocelots, competing in the American Flag Football League (AFFL), demonstrating his commitment to promoting sports across different disciplines.
Historic PSL Franchise Acquisition
In January 2026, Fawad Sarwar made history by acquiring the Hyderabad franchise in the Pakistan Super League (PSL) for PKR 1.75 billion (approximately $6.2 million), making it the highest-valued franchise in PSL history. This acquisition represents the largest investment in Pakistan cricket league history.
Bidding Process Highlights:
- Starting bid: PKR 1.1 billion
- Final winning bid: PKR 1.75 billion
- Outbid major competitors including telecommunications giant Jazz
- Named the team after his hometown Hyderabad
Personal Life
Fawad Sarwar maintains a relatively private personal life while being based in Dallas, Texas, with his family. Despite his busy entrepreneurial schedule, he remains deeply connected to his Pakistani roots and frequently visits his homeland. His personal interests include:
- Cricket (both playing and watching)
- Community development initiatives
- Promoting sports among youth
- Philanthropic activities through his business ventures
Sarwar is known for his emphasis on family values and has instilled a culture of respect and care within his organizations, treating players and employees like family members.
Awards & Achievements
- 2024: Chicago Kingsmen won MiLC Championship under his ownership
- 2026: Acquired Hyderabad PSL franchise for record-breaking PKR 1.75 billion
- 2025: Recognized for promoting cricket in the United States
- 2024: Successfully led Chicago Kingsmen to Top End T20 Series success in Australia
- Ongoing: Recognition for bridging US-Pakistan cricket relations
Physical Statistics
| Height | Approximately 5’8″ (173 cm) |
| Weight | Approximately 75 kg (165 lbs) |
| Hair Color | Black |
| Eye Color | Brown |
| Build | Average |
Quotes
- “Respect is the key. We treat our players like family, and that culture drives our success.” – On Chicago Kingsmen’s winning culture
- “This is a childhood dream. We all started playing street cricket and backyard cricket, practicing in front of the mirror, trying to be the next big thing. I’m very proud, and I’d like to thank everyone who put us in a position to come where we are today.” – After acquiring Hyderabad PSL franchise
- “I always wanted Hyderabad to have representation in the PSL. This has been a long-standing dream to acquire a PSL team to carry the city’s name.” – On his emotional connection to Hyderabad
Controversies
As of 2026, Fawad Sarwar has maintained a clean professional record with no major controversies reported. His business dealings and sports franchise operations have been conducted transparently, earning him respect in both the business and sports communities.
Salary & Net Worth
Net Worth Analysis (2026)
Fawad Sarwar’s estimated net worth ranges between $50-100 million, derived from multiple income streams:
Primary Sources of Wealth:
- FKS Group conglomerate (Aviation, Healthcare, Enterprise)
- Sports franchise ownership (Chicago Kingsmen, Dallas Ocelots, Hyderabad PSL)
- Investment firms (Gilded Investments, Sand2Glass Investments, Minus2Degrees)
- Real estate holdings in US and Pakistan
Major Investments:
- Hyderabad PSL franchise: $6.2 million (2026)
- Chicago Kingsmen operations: Multi-million dollar annual investment
- Kingsmen Stadium development: Estimated $10-15 million
- Aviation and healthcare ventures: Substantial ongoing investments
Annual Revenue Estimates:
- FKS Group annual revenue: Estimated $100-200 million
- Sports franchise operations: $20-30 million annually
- Investment returns: Variable based on market performance
Interesting Facts
- Childhood Dream Realized: Sarwar’s acquisition of the Hyderabad PSL franchise fulfilled a childhood dream of representing his hometown in Pakistan’s premier cricket league.
- Multi-Sport Investor: Beyond cricket, he owns teams in American Flag Football, showing his diverse sports interests.
- Cultural Bridge Builder: His business ventures connect Pakistani and American sports cultures, promoting cricket in the United States.
- Family-First Philosophy: He emphasizes treating team members like family, which has contributed to his teams’ success.
- Rapid Rise: From immigrating to the US 26 years ago to becoming a multi-millionaire sports franchise owner.
- Community Focus: Actively involved in promoting cricket at grassroots levels in both countries.
Social Media Links
Official Accounts:
- Facebook: Fawad Sarwar Official
- Instagram: @sarwar_fawad
- LinkedIn: Fawad Sarwar Profile
- Chicago Kingsmen: @kingsmencricketusa
Team Accounts:
- Chicago Kingsmen: Various social media platforms under @kingsmencricketusa
- Hyderabad PSL: Official team accounts launching in 2026
Frequently Asked Questions
Q: How old is Fawad Sarwar? A: Fawad Sarwar is 46 years old as of 2026, born in July 1979.
Q: What is Fawad Sarwar’s net worth? A: His estimated net worth is between $50-100 million, derived from his diverse business portfolio including FKS Group and sports franchises.
Q: Where is Fawad Sarwar from? A: He was born and raised in Hyderabad, Pakistan, but currently resides in Dallas, Texas, USA.
Q: What teams does Fawad Sarwar own? A: He owns the Chicago Kingsmen (MiLC), Dallas Ocelots (AFFL), and the Hyderabad PSL franchise.
Q: How much did Fawad Sarwar pay for the Hyderabad PSL team? A: He acquired the franchise for PKR 1.75 billion (approximately $6.2 million) in January 2026.
Q: What businesses does Fawad Sarwar run? A: His primary business is FKS Group, which includes FKS Aviation, ProCare Health, and Kingsmen Enterprise, along with several investment firms.
Conclusion
Fawad Sarwar’s journey from the streets of Hyderabad to becoming a multi-millionaire sports franchise owner exemplifies the power of vision, determination, and strategic business acumen. His recent historic acquisition of the Hyderabad PSL franchise for $6.2 million not only fulfills a childhood dream but also positions him as a major player in international cricket administration.
From building successful businesses in aviation and healthcare to creating championship-winning sports teams, Sarwar has demonstrated that success comes from combining passion with professionalism. His commitment to treating team members like family and bridging cultures through sports has earned him respect across continents.
As he continues to expand his empire and promote cricket in the United States while strengthening Pakistan’s cricket infrastructure, Fawad Sarwar stands as an inspiration for aspiring entrepreneurs and sports enthusiasts worldwide. His story proves that with dedication and the right vision, dreams can indeed become reality.
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