Todd Boehly Net Worth (Updated 2022): How the Co-founder of Eldridge Became Billionaire?

Eldridge‘s Co-Founder, Chairman, and Chief Executive Officer is Todd L. Boehly. The Los Angeles Dodgers, Los Angeles Lakers, Los Angeles Sparks, Cloud9, and DraftKings are all owned by Mr. Boehly.

He is the Chairman of Security Benefit and MRC, which owns dick Clark productions and has investments in A24, Fulwell 73, and Penske Media, which owns Billboard, Rolling Stone, Variety, and The Hollywood Reporter, as well as A24, Fulwell 73, and Penske Media. Eldridge has invested in more than 70 active firms.

The Los Angeles Lakers, Flexjet, PayActiv, CAIS, Cain International, Kennedy Wilson (NYSE: KW), Vivid Seats (NASDAQ: SEAT), and Horizon Acquisition Corporation II are all on Mr. Boehly’s board of directors (NYSE: HZON). Mr. Boehly formerly served on the Truebill board of directors.

Mr. Boehly was President of Guggenheim Partners and created the lending business there before launching Eldridge.

He studied at the London School of Economics and obtained his B.B.A. from The College of William & Mary, where he later developed The Boehly Center for Excellence in Finance. Mr. Boehly is a supporter of epilepsy research, the Focused Ultrasound Foundation, the Prostate Cancer Foundation, Brunswick School, and William & Mary College.

Early Life and Education

At this time, we don’t know exactly where Boehly was born. Boehly was a 1991 alumnus of Bethesda, Maryland’s Landon School. From Germany, his ancestors emigrated.

Boehly was a member of the school’s wrestling team in college, where he helped the squad win the I.A.C. championships in 1990 and again the following year. A wrestling room at the school was renamed in honor of Boehly’s family in 2014, in recognition of his contributions to the sport.

In 1996, he earned a B.A. in Finance from the College of William & Mary. Additionally, he attended the London School of Economics and Political Science (LSE).

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Career

Todd Boehly net worth

While still a student at the London School of Economics, Boehly began working at Citibank and afterward at CS First Boston.

He began his professional career at Credit Suisse First Boston and J.H. Whitney & Company before joining Guggenheim Partners in 2001, where he rose through the ranks to become the company’s president.

Eldridge, a private holding company that invests in a variety of businesses, was founded by Boehly in 2015. Eldridge has offices in Greenwich, Eldridge, New York, London, and Beverly Hills, as well as other locations throughout the world.

He serves on the boards of directors for Cain International, Kennedy Wilson, PayActiv, Truebill, CAIS, Horizon Acquisition Corporation I, and Horizon Acquisition Corporation II, among other companies.

Boehly has also made significant investments in real estate. He has made investments in a number of real estate companies, including Cain International, Kennedy Wilson, Blackbrook Capital, and others, through Eldridge. In 2021, Boehly acquired a minority share in Langdon Park Capital, which he did through Eldridge.

Aside from real estate, Boehly has made significant investments in digital technology startups. He has made investments in companies such as GoPuff, Dataminr, AnyVision, Wellthy, and Tripledot Studios, among others.

In addition, Boehly is an investor in the food sector. He has made investments in companies such as Aurify Brands and Chucks E. Cheese.

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Net Worth of Todd Boehly

American entrepreneur and investor Todd Boehly Also, he’s a well-known philanthropist. It was founded by Boehly as a holding company and he currently serves as its Co-founder, Chairman, CEO, and controlling member. The Hollywood Foreign Press Association named him its CEO in 2021. Todd Boehly has a net worth of $4.72 billion as of March 2022. Eldridge Industries, Boehly’s private investment firm, is the source of the bulk of his fortune.

The Los Angeles Dodgers and the Los Angeles Lakers are among the many sports franchises that Boehly owns as part of his multibillion-dollar fortune. In the wake of Russia’s invasion of Ukraine, Roman Abramovich hinted that he may sell Chelsea Football Club. Many people assume that American billionaire Warren Buffett would be interested in purchasing FC Porto from Roman Abramovich, the current European and world champions.

Honors and Awards

Todd Boehly net worth

From 2017 to 2021, Boehly was included in the LA Business Journal’s list of the 500 most powerful persons in the city. For students in the Boehly Center for Excellence in Finance in January 2021, Boehly partnered with William & Mary to offer a series of courses.

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Todd Boehly Trading

  • On February 24, 2021, the largest purchase of shares was 2,485,425 units, valued at roughly $24.85 million.
  • On February 24, 2021, the largest selling of shares occurred with 197,210 units valued at approximately $2.5 million.
  • Over the course of a month, has made around two trades.
  • Typically trades in February and March, with 2021 being the busiest year.

Todd Boehly’s Wealth Source

Todd Boehly derives his wealth from a diverse portfolio of investments in sports, cuisine, real estate, media and entertainment, and technology.

Who Is the Wife of Todd Boehly?

Katie Boehly, Todd’s wife, is a fourth-generation William & Mary alumna. Katie is the Co-Founder of the Boehly Center for Financial Excellence.

She formerly worked with ADP and Court Express and is currently a member of the FACES advisory board (Finding a Cure for Epilepsy and Seizures). Katie Boehly earned a bachelor’s degree in history and is currently a member of the University’s 1918 Society.

Conclusion

Todd Boehly is an American investor. He’s also a philanthropist. Boehly co-founded chairs and controls Eldridge Industries, a holding corporation.

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