Rank #1208
Jonathan Nelson
Net worth $3.6B
Private equity · United States
- Born
- May 18, 1956
- Age
- 69
- Source
- Private equity
- Residence
- Providence, Rhode Island
- Citizenship
- United States
- Marital status
- Widowed, Remarried
- Children
- 3
- Education
- Bachelor of Arts/Science, Brown University; Master of Business Administration, Harvard University
Net worth over time
Biography
- Jonathan Nelson is the executive chairman of Providence Equity Partners, the private equity firm he founded in 1989.
- Providence has invested in more than 180 companies, many in the media, communications, education and information industries.
- The firm sold scuba-diving certification company PADI in 2017 for over $700 million, three times its initial investment.
- In 2021, Providence sextupled its 2007 investment of $300 million in video game developer ZeniMax Media, which Microsoft acquired for $7.5 billion.
- Nelson serves as a trustee of Rockefeller University and on the board of the Institute for Advanced Study.
- In college, Nelson worked for a commercial radio station where he broadcast the "Jazz After Hours" program.
- Nelson serves on the board of directors of the Newport Festival Foundation, which puts on the Newport Folk and Jazz Festivals.