Portrait of Todd Boehly

Rank #379

Todd Boehly

Net worth $9.3B

Finance · United States

Born
Sep 20, 1973
Age
52
Source
Finance
Residence
Darien, Connecticut
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Business Administration, College of William & Mary

Net worth over time

Biography

  • Todd Boehly cofounded holding company Eldridge Industries in 2015, after building Guggenheim Partners' credit business and serving as president.
  • The company acquired some of his first assets from Guggenheim, including insurer Security Benefit, which provides deal financing to this day.
  • Eldridge Industries has grown into a diverse conglomerate with investments ranging from Bruce Springsteen's song rights to daily fantasy and sports-betting firm DraftKings.
  • Boehly personally holds minority stakes in the Los Angeles Lakers and Los Angeles Dodgers (Eldridge has a separate minority stake in the latter).
  • A group led by Boehly reached a record deal to buy soccer team Chelsea FC from Russian owner Roman Abramovich for $3.1 billion in 2022.
  • Boehly and his wife Katie, who met at Wiliam and Mary, gave an undisclosed sum to the college to build the Boehly Center for Excellence in Finance.
  • Boehly slept on a park bench in Kansas while scouting Security Benefit for Guggenheim, because his hotel room smelled like cigarettes.