Rank #2982
Arthur Levine
Net worth $1.3B
Private equity · United States
- Born
- Sep 28, 1951
- Age
- 74
- Source
- Private equity
- Residence
- Miami, Florida
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- JD, Columbia Law School; Bachelor of Arts/Science, UCLA; Master of Business Administration, UCLA Anderson School of Management
Net worth over time
Biography
- Arthur Levine cofounded the buyout firm Levine Leichtman Capital Partners with his wife Lauren Leichtman in 1984, five years after the couple were married.
- LLCP has managed $14.8 billion of institutional capital across 15 funds since inception, and currently manages $10.2 billion in assets.
- The firm's target sectors include business services, franchising and multi-unit, education and training, and engineered products and manufacturing.
- Successful exits have included Tropical Smoothie Cafe, Wetzel's Pretzels and Nothing Bundt Cakes.
- Prior to entering private equity, Levine was president of Westwood One, a radio syndicate.
- As a couple, Levine and Leichtman share a fortune worth an estimated $2.6 billion.
- In October 2024, Levine and Leichtman bought the National Women's Soccer League's San Diego Wave FC for $113 million.