Uncensored Hub for Entertainment News, Sports, Politics, Music, Videos & more

Todd Boehly Biography, Net Worth, Businesses And Family

Todd Boehly Biography, Net Worth, Businesses And Family, UncensoredGH.com

Who Is Todd Boehly

Todd Boehly is an entrepreneur, investor, and philanthropist from the United States. Eldridge Industries, a holding company based in Greenwich, Connecticut, is his co-founder, Chairman, Chief Executive Officer, and controlling member.  He has been the interim CEO of the Hollywood Foreign Press Association since October 2021.

Education

Todd Boehly’s whose grandparents emigrated from Germany graduated in 1991 from Landon School in Bethesda, Maryland. In 1990 and 1991, he was a member of the school’s wrestling squad, which won the I.A.C. championships. In honor of Boehly, Landon renamed their facility the Boehly Family Wrestling Room in 2014.

He bagged a B.B.A. in Finance from the College of William & Mary in 1996. He went to the London School of Economics as well. Boehly began working at Citibank and later CS First Boston while at the London School of Economics to get finance skills.

Early Career

Boehly began his career at J.H. Whitney & Company and Credit Suisse First Boston. He later joined Guggenheim Partners in 2001, where he created the firm’s credit investing business, oversaw asset management, and most recently served as president.

Boehly brokered a deal between Time Warner Cable and the Dodgers in early 2013 to develop SportsNet LA, a regional network that will carry all Dodgers games and Dodgers-related programs. The new team-owned network began broadcasting at the start of the 2014 baseball season.

How Many Businesses Does Todd Boehly Own

Eldridge

Todd Boehly founded Eldridge, a private holding firm that invests in multiple industries, in 2015 after selling some of the assets he had amassed at Guggenheim, including The Hollywood Reporter, Dick Clark Productions, and Security Benefit. Eldridge has offices in New York, London, and Beverly Hills, in addition to Greenwich.

Cain International, Kennedy Wilson, PayActiv, Truebill, CAIS, Horizon Acquisition Corporation I, and Horizon Acquisition Corporation II all have Boehly on their boards.

Security Benefit Life Insurance & SE2

Security Benefit Life Insurance and SE2, a digital platform for insurance firms, are owned by Boehly’s firm Eldridge. In 2021, he invested in DPL Financial Advisors, an RIA insurance network, and Clearcover Insurance.

Cain International

Cain International, a real estate firm based in London and co-owned by Eldridge, is one of Boehly’s real estate assets.  Boehly has also invested in real estate enterprises like Kennedy Wilson and helped launch European real estate investment firm Blackbrook Capital through Eldridge. Through Eldridge, Boehly bought a minority share in Langdon Park Capital, a Black-owned real estate investment firm, in 2021.

Technology Companies

Boehly has invested in the digital technology business as the CEO, chairman, and co-founder of Eldridge, including Gopuff, Dataminr, AI security company AnyVision, digital health platform Wellthy, and mobile game developer Tripledot Studios. In July 2021, GoPuff applied for an additional $1 billion in funding, bringing the company’s valuation to $15 billion from $14 billion.

Boehly has also invested in Wealthsimple, which was valued at over $4 billion in 2021, through Eldridge.

In 2020, Boehly purchased data technology firm Knoema through Eldridge.

Stash, a financial technology firm valued at $1.4 billion in February 2021, received a $125 million funding round led by Boehly and Eldridge. Boehly is on the board of Truebill, a financial technology startup in which Eldridge has also invested, as of 2021.

Hospitality and Food Industry

Aurify Brands, which owns restaurant brands like Le Pain Quotidien is one of Todd Boehly’s investments. Chuck E. Cheese was another company he invested in.

Sports Businesses

Boehly owns 20% of the Los Angeles Dodgers and a minority stake in the Los Angeles Sparks. Todd Boehly attempted to buy Chelsea Football Club for $3 billion in 2019, but the current owner, Russian billionaire businessman Roman Abramovich, turned down the offer. In March 2022, he formed a group with Hansjörg Wyss to buy the club from Abramovich after the Russian put the club up for sale due to UK government sanctions. Boehly is the founder of DraftKings, a fantasy sports firm, and Cloud9, an esports organization.

In July 2021, Boehly and Mark Walter bought a 27 percent ownership in the Los Angeles Lakers from Philip Anschutz. The Lakers were the NBA’s third-highest valuable franchise in February 2021, with an estimated worth of $5.14 billion.

Boehly spoke at SporticoLive’s “Invest in Sports” summit in October 2021, where he discussed the sports sector and professional sports investment.

Entertainment and Media Companies

Dick Clark Productions and the Billboard-Hollywood Reporter Media Group are both owned by MRC, which Boehly chairs.  The MRC has put money into A24 and Fulwell 73. Boehly’s MRC and Penske Media Corporation announced a joint venture in September 2020 to manage their publications, which include Billboard, Rolling Stone, The Hollywood Reporter, and Variety. Through a second joint venture, MRC and Penske plan to handle material such as television shows, films, and live events such as South by Southwest.

Laylo, a fan engagement platform, received a $3 million funding round led by Boehly.

Boehly was named temporary CEO of the Hollywood Foreign Press Association in October 2021.

Boehly’s appointment was one of a series of changes within the corporation aimed at increasing diversity.

How Many Children Does Todd Boehly Have?

Todd Boehly has 3 kids.

Total
0
Shares
Related Posts
ArabicEnglishFrenchGermanHausaItalianSpanishZulu