Todd Boehly
Todd Boehly is an American businessman, investor, and philanthropist. He is the Co-founder, Chairman, Chief Executive Officer and controlling member of Eldridge Industries, a holding company[2] headquartered in Greenwich, Connecticut.[3][4][5]
Todd Boehly | |
---|---|
Nationality | American |
Alma mater | College of William & Mary London School of Economics |
Occupation | businessman investor philanthropist |
Net worth | £4.72 billion (2019)[1] |
Title | Eldridge Industries (co-founder, chairman & CEO) |
Children | 3 |
Early life and education
Boehly, whose grandparents emigrated from Germany, attended Landon School in Bethesda, Maryland, graduating in 1991.[6] He was a member of the school's wrestling team, which won I.A.C. championships in both 1990 and 1991.[7] In 2014, Landon named their facilities the Boehly Family Wrestling Room in Boehly's honor.[8]
He graduated from the College of William & Mary in 1996 with a B.B.A. He also studied at the London School of Economics.[9]
Career
Boehly spent his early career at Credit Suisse First Boston and J.H. Whitney & Company.[10][11] He joined Guggenheim Partners in 2001, where he launched the firm's credit investing business, assumed responsibilities for its asset management business, and most recently served as president.[9][10][12]
In early 2013, Boehly led a deal between Time Warner Cable and the Dodgers to create SportsNet LA, a regional network to broadcast all Dodgers’ games and Dodgers-related programming. Broadcasting from the new team-owned network began at the beginning of the 2014 baseball season.[13][14][15][16][17]
In 2015, Boehly bought some of the assets he had collected at Guggenheim, including The Hollywood Reporter, Dick Clark Productions, and Security Benefit to found Eldridge Industries, a private investment firm that specializes in providing both debt and equity capital.[6] Other than Greenwich, Eldridge also has offices in New York, London and Beverly Hills.[18][19][20]
In 2019, Todd Boehly made an attempt to buy the English football club Chelsea for $3 billion, but the current owner, Russian billionaire tycoon, Roman Abramovich, rejected the takeover bid.[21]
Boehly serves as the Chairman of Valence Media, which houses Billboard-Hollywood Reporter Media Group, Dick Clark Productions, MRC and owns a minority stake in A24.[22][23][24] He is also Chairman of Security Benefit and is a board member of Cain International.[25][26][27]
Boehly owns 20% of the Los Angeles Dodgers and is also a part owner of the Los Angeles Sparks.[28][6]
Philanthropy
Boehly helped found the Boehly Center for Excellence in Finance in 2014 at the College of William & Mary's Raymond A. Mason School of Business with his wife Katie Boehly in 2014 via a multi-year gift.[29][30] They also sponsor the yearly women's Stock Pitch and Leadership Summit at William & Mary. In 2020 Boehly and Katie committed funding to the construction of a new athletic complex and sports performance center at the college.[31]
He is also on the boards of Finding a Cure for Epilepsy and Seizures (FACES) and the Brunswick School, and is involved with the Prostate Cancer Foundation and the Dave Thomas Foundation for Adoption.[11][30][27]
References
- https://www.sportskeeda.com/football/la-dodgers-owner-todd-boehly-makes-a-monstrous-3b-takeover-bid-for-chelsea
- "Eldridge Business Services LLC". www.bloomberg.com. Retrieved 2020-06-02.
- "Todd Boehly". Bloomberg L.P. Retrieved September 3, 2018.
- "Todd Boehly Owner". Los Angeles Dodgers. Retrieved September 3, 2018.
- Lauren K. Ohnesorge (July 23, 2018). "Durham tech outfit raises $50M, seeks to disrupt construction industry". Triangle Business Journal.
- "Former Guggenheim President Todd Boehly Is Growing His Investment Empire, From the Dodgers to Collateralized Loans". Barron's. April 12, 2019.
- "Championships - Landon School | Private School in Washington, D.C., Area". www.landon.net. Retrieved 2020-06-02.
- "Wrestling room dedicated to Todd Boehly '91". Landon School. May 20, 2014.
- "LA 500: Todd Boehly". Los Angeles Business Journal. August 14, 2017.
- Todd Spangler (March 26, 2015). "Guggenheim Partners Says President Todd Boehly Is Exploring Forming His Own Company". Variety.
- Dan Duray (June 24, 2013). "Todd Boehly and Alexander Nemerov Join Guggenheim Foundation Board". Observer.
- Scott Austin (March 28, 2012). "Who Are the New Dodgers Owners?". The Wall Street Journal.
- Finke, Nikki (2012-11-25). "EXCLUSIVE: Fox Closing In On Dodgers' TV Rights; 'We're Out' If Not Done By Nov. 30". Deadline. Retrieved 2020-10-01.
- Shaikin, Bill (2013-01-28). "Dodgers officially announce deal with Time Warner Cable". Los Angeles Times. Retrieved 2020-10-01.
- Wells, Adam. "Dodgers Announce New TV Network SportsNet LA Starting in 2014 Season". Bleacher Report. Retrieved 2020-10-01.
- Ozanian, Mike. "Dodgers Exploring TV Deal With Dick Clark Productions". Forbes. Retrieved 2020-10-01.
- Shaikin, Bill (2016-11-27). "After $1 billion in player spending, Dodgers under MLB mandate to cut debt". Los Angeles Times. Retrieved 2020-10-01.
- "Eldridge Industries". Crunchbase. Retrieved September 6, 2018.
- Kristy Westgard (June 21, 2018). "'Retail Apocalypse' Didn't Scare This Landlord Off an IPO". Bloomberg L.P.
- "Eldridge Industries LLC". Bloomberg L.P. September 4, 2018.
- Castro, Erwin (2019-12-12). "LA Dodgers Owner Todd Boehly Makes a Monstrous $3B Takeover Bid for Chelsea". www.sportskeeda.com. Retrieved 2020-08-25.
- Ryan Faughder (February 1, 2018). "'House of Cards' producer MRC merges with Dick Clark Productions and Hollywood Reporter publisher". Los Angeles Times.
- Tony Maglio (February 1, 2018). "THR to Combine With Dick Clark Productions, 'House of Cards' Studio in New Todd Boehly Banner". TheWrap.
- "Billboard Boss John Amato Exits". Music Business Worldwide. July 11, 2018.
- Michael Neibauer (September 6, 2017). "Here's when the mega Springfield indoor sports complex will open, plus a first look inside". Washington Business Journal.
- I-Chun Chen (April 27, 2018). "Fast-Food Roundup: Pizza Hut Museum…. Papa John's tests beer delivery... Restaurant survey reveals some surprises". Los Angeles Business Journal.
- "Todd Boehly". Milken Institute. May 22, 2019.
- Melissa Rohlin (February 4, 2014). "Fast-Food Roundup: Pizza Hut Museum…. Papa John's tests beer delivery... Restaurant survey reveals some surprises". Los Angeles Times.
- "About Us & Our History". Mason School of Business. Retrieved September 3, 2018.
- "W&M receives gift to fund new finance center in Business School". College of William & Mary. November 13, 2014.
- "W&M announces Kaplan Arena revitalization and new Sports Performance Center". advancement.wm.edu. Retrieved 2020-06-02.