Todd Boehly | |
|---|---|
Boehly in 2024 | |
| Chairman ofChelsea F.C. | |
| Assumed office 20 June 2022 | |
| Preceded by | Bruce Buck |
| Co-owner ofChelsea F.C. | |
| Assumed office 20 June 2022 | |
| Preceded by | Roman Abramovich |
| Co-owner ofRC Strasbourg Alsace | |
| Assumed office 22 June 2023 | |
| Preceded by | Marc Keller |
| Personal details | |
| Born | (1973-09-20)September 20, 1973 (age 52) |
| Spouse | Katie Boehly |
| Children | 3 |
| Alma mater | |
| Profession |
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| Known for |
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Todd Boehly (/ˈboʊliː/; born September 20, 1973) is an American businessman and head ofEldridge Industries, aholding company headquartered inMiami, Florida. He is the company's co-founder, chairman,chief executive officer and controlling member,[1] as well as chairman of asset manager Eldridge.[2] He is also the co-controlling owner and chairman ofPremier League football clubChelsea,[3] and co-owner ofLigue 1 football clubStrasbourg underBlueCo.[4] As of December 2025,Forbes estimated his net worth at US$9.3 billion.[5]
Boehly, whose grandparents emigrated from Germany,[6] was born into a middle class family inFairfax County, Virginia. His father was an engineer and his mother was a first grade teacher. He has a younger sister.[7] Boehly attendedLandon School inBethesda, Maryland, graduating in 1991.[6]
Boehly graduated in 1996 from theCollege of William & Mary with aBachelor of Business Administration degree in finance.[8] After feeling overwhelmed with his college experience and not knowing exactly what he wanted to do, he visited his former geometry professor from Landon, Steve Sorkin, for advice.[8][9] Boehly had an interest in finance and Sorkin advised him to move to London due to the potential opportunities to work in one of the largest global financial centers.[8]
Taking Sorkin's advice onboard, he moved to London on a specialBritish Universities North America Club (BUNAC) visa and studied at theLondon School of Economics residing at Passfield Hall. Whilst at the London School of Economics, Boehly began working atCitibank and then atCS First Boston.[9]
After graduating, Boehly became an analyst atCredit Suisse First Boston, structuringcollateralized loan obligations. In 1999, he joinedJ.H. Whitney & Company where he helped restructure $600 million ofGuggenheim Partners' collateralized loan obligations, and first began working with Guggenheim co-founderMark Walter. In 2001, Boehly joined Guggenheim Partners and bought out J.H. Whitney's $1.5 billion credit business, folding it into Guggenheim. At Guggenheim, Boehly launched the firm's credit investing business, which grew to $60 billion,[10] and assumed responsibility of its asset management business.[11][12] He became president of Guggenheim in 2011.[10]
In early 2013, Boehly led a deal betweenTime Warner Cable and theLos Angeles Dodgers ofMajor League Baseball to createSportsNet LA, a regional network to broadcast all Dodgers’ games and Dodgers-related programming.[13] Broadcasting from the team-owned network began with the2014 baseball season.[14]
In 2015, Boehly bought some of the assets he had collected at Guggenheim, includingThe Hollywood Reporter,Dick Clark Productions, and Security Benefit to found Eldridge Industries, a private holding company which invests in various industries.[6][15] In addition to its Miami headquarters, Eldridge Industries also has offices in Greenwich, Connecticut, New York, London and Beverly Hills.[16] In 2023, Boehly appeared onCNBC to discuss Eldridge Industries' focus oncredit management and scaling businesses in response to market conditions in the United States.[17] In 2024, he made another appearance on CNBC to discuss growing activity in mergers and acquisitions as part of a shift towards market consolidation.[18] In a 2025Bloomberg interview, Boehly commented on opportunities in developing credit markets and industries in Asia, particularly Japan, Hong Kong, and China.[19]
Boehly sits on the boards of Cain International,Kennedy Wilson,PayActiv,Vivid Seats and CAIS.[20][21] In October 2023, CAIS launched theSaaS platform CAIS Solutions.[22] Boehly spoke at the second annual CAIS Alternative Investment Summit, along with other business and media leaders.[23] He was formerly on the board of Truebill.[24]
Boehly's firm Eldridge Industries owns Security Benefit Life Insurance. In 2010, he visitedTopeka, Kansas to lead Security Benefit's acquisition by Guggenheim anddemutualization. While negotiating the acquisition of Security Benefit, Boehly stayed atThe Eldridge Hotel, a historic hotel founded by theabolitionist Shalor Eldridge.[7] He later spun Security Benefit out as a part of a new company which he named Eldridge Industries.[6] Security Benefit had a net income of $1.2 billion in 2023,[15] and $52 billion in assets in 2024.[10] Eldridge Industries also owns Zinnia (formerly SE2), a technology platform for insurance companies.[25] He invested in Clearcover Insurance,[9] and DPL Financial Advisors, anRIA insurance network.[26] DPL reached over $1 billion in annuity sales in 2022, which doubled in 2023.[27]
He helped to found Cain International, a real estate firm co-owned by Eldridge Industries, Kennedy Wilson, Langdon Park Capital,[15][28] and European real investment firm Blackbrook Capital.[29] Blackbrook merged with Cain International in 2024.[30] In 2024, Eldridge Acre Partners was formed in partnership withAECOM.[31]
Through Eldridge Industries, Boehly has invested in technology, entertainment, sports, and consumer goods.[10] Boehly has also invested in AI parking management companyMetropolis Technologies, the largest parking company in North America.[32] It has over 4,000 locations and processed over $5 billion in payments from 50 million customers as of 2025.[33]
Through Eldridge Industries, Boehly backs the Allbright Alliance, which works to support the advancement of women in the workforce.[34]
In October 2024, it was reported that Eldridge Industries would acquire a 10% interest inBlue Owl GP Stakes Fund III.[35]
Boehly is the chairman of Eldridge, an asset manager and insurance holding company founded in 2025 with over $70 billion inassets under management. It is wholly owned by Eldridge Industries and includes two divisions, Eldridge Capital Management and Eldridge Wealth Solutions, the latter of which comprises Security Benefit Life Insurance and Everly Life. Existing Eldridge Industries businesses including Panagram Asset Management, Maranon Capital, and Stonebriar Finance Holdings' investment team were reintegrated into Eldridge.[36]
Boehly owns 20% of theLos Angeles Dodgers and is also a part owner of theLos Angeles Sparks.[37][6] Under his ownership, the Dodgers won the2020 and2024 World Series, and their games have seen a rise in viewership.[38] He is an owner ofesports organizationCloud9.[39]
In 2019, Boehly made an attempt to buy the English football clubChelsea for $3 billion, but the owner at the time, Russian billionaireRoman Abramovich, rejected the takeover bid.[40] In March 2022, alongsideMark Walter,Hansjörg Wyss andClearlake Capital, he launched a bid to buy the club from Abramovich, who had announced an intention to sell it amid theRussian invasion of Ukraine. The consortium was later known asBlueCo. On May 6, 2022, Chelsea confirmed that the bid had been accepted and would be finalized by the end of the month.[41][42] The bid was approved by the UK and Portuguese governments,Premier League and theEuropean Union, because of Abramovich’s Portuguese citizenship.[43][44] On May 30, the takeover of the club was completed.[3] Boehly was named chairman and interim sporting director of Chelsea on June 20, 2022, afterBruce Buck stepped down.[45]
On January 9, 2023, Boehly stepped down as the interim sporting director of Chelsea.[46][47]The Guardian noted that Boehly's ownership of Chelsea followed his usual approach of taking an active role in new business operations during their first year, and then stepping back once they were "in situ".[48] In May 2023, Boehly called the purchase of the team "a long-term project", commenting that "the fans are demanding, and they want to win. And we get that, we want to win".[49] In 2023, Chelsea partnered withTempus Ex Machina to integrate additional features into the Chelseamobile app, such as the ability to switch camera positions while watchinglivestreams of games, adjust thegraphical interface and view highlights.[50] In 2025, Chelsea won theFIFA Club World Cup.[51]
Boehly and Walter acquired a 27% stake in theLos Angeles Lakers fromPhilip Anschutz in July 2021.[52][53] As of February 2021, the Lakers were third-highest valued team in theNBA, with an estimated value of $5.14 billion.[54]
On 22 June 2023, Boehly acquired a majority stake in FrenchLigue 1 clubStrasbourg for a reported fee of £65M throughBlueCo.[55]
Boehly has also invested inThe St. James athletic facility inSpringfield, Virginia, which is planned to be part of a network of sports training facilities.[56] Boehly has commented on theprofessionalization of college sports and increasing demand for more sophisticated sports training programs.[57] In an interview with CNBC, Boehly analyzed the use of experiential technologies including artificial intelligence,augmented reality, andvirtual reality on audience participation in sports, and its impact on avenues of sports monetization such assports betting.[58]
Boehly is an investor inMRC.[59][60] In September 2020, it was announced that Boehly's MRC andPenske Media Corporation were merging as part of a joint venture to manage their publications, includingBillboard,Rolling Stone,The Hollywood Reporter,Variety andMusic Business Worldwide.[61] MRC and Penske announced plans to manage content such as television series, films and live events through a second joint venture.[62] In 2021, the venture became the majority owner ofSouth by Southwest.[63]
Eldridge Industries and MRC reached an agreement to split their assets as separate entities in 2022.[64] As part of the agreement, Eldridge became a minority stakeholder in MRC, maintaining ownership ofDick Clark Productions from the company, and retained Boehly's investments in ventures such as A24, Fulwell 73 and Penske Media, includingBillboard,The Hollywood Reporter,Luminate Data,Life Is Beautiful Music & Art Festival and South by Southwest.[65]
In 2023, Penske Media Eldridge, a joint venture between Eldridge Industries and Penske, acquired Dick Clark Productions.[66] Dick Clark Productions partnered withSpotify to relaunch theBillboard Music Awards as a digital event in 2023.[67] That year,Dick Clark's New Year's Rockin' Eve, which is produced by Dick Clark Productions, was renewed withABC through 2029.[68]
Boehly led investments in fan engagement platform Laylo,[69] Canadianinfluencer marketing and technology company, Viral Nation,[70] and Fixated, acontent creation management company.[71]
Boehly is the largest investor in Larry Jackson's music company Gamma,[72] followed by A24 andApple.[73] Gamma acquired music distribution platform Vydia, and expanded into Africa and the Middle East, opening headquarters inLagos andDubai.[74] Gamma co-produced and releasedThe Color Purple soundtrack album.[75] The company was valued at $400 million in February 2024, following a $100 million investment led by Alpha Wave Global.[76] Mariah Carey's sixteenth album, with the lead single "Type Dangerous", will be released by Gamma.[77]
In October 2021, he was named the interim CEO of theHollywood Foreign Press Association.[78] In 2022, Eldridge Industries acquired the HFPA, and announced plans to create a for-profit entity to manage the Golden Globe Awards' intellectual property, as well as a nonprofit entity to manage the HFPA's philanthropic efforts.[79]
In a December 2022 interview with theLA Times, Boehly discussed a series of reforms made at the HFPA earlier that year to improve diversity of membership, increase accountability and prevent conflicts of interest. Under these reforms, the organization's voting body was expanded to include 103 international non-member voters and began employing a chief diversity officer.[80] The voting body was expanded again in April 2023, with the addition of 215 international votes who brought the total number of voters to 310. The demographics of the expanded voting body was more diverse, with 58% identifying as ethnically diverse, 17% as LGBTQ+,[81] and more than 50% being female.[82] The changes also provide paid salaries to members, and the implementation of bylaws to prevent them from accepting gifts in the course of their duties.[83] The80th Golden Globe Awards returned from hiatus on Tuesday, January 10, 2023, airing onNBC. It received positive reviews from critics and was considered a ratings success, with 6.3 million viewers.[84][85]
In June 2023, Eldridge Industries and Dick Clark Productions acquired the assets, rights and properties of the Golden Globes, as part of the HFPA’s dissolution. Under this deal, the non-profit Golden Globe Foundation was also formed to handle the philanthropic efforts of the former HFPA.[86]
The81st Golden Globe Awards aired on CBS on January 7, 2024,[87] returning to its traditional time slot on the first Sunday of January.[88] The show introduced two new awards categories, "Stand-up Comedy" and "Cinematic and Box Office Achievement", and six nominees per category, increasing from the previous five nominees.[89] The broadcast was watched by over 9.4 million viewers, earning the show's highest ratings in years.[87]
Boehly was listed onLos Angeles Business Journal's list of the 500 most influential people from 2017 to 2023.[90] In 2022, he was included on theForbes 400 list,[5] and theBloomberg 50, a list of the most influential people in global business.[91] Boehly was featured on the cover ofForbes in 2024, as part of a feature on his investment, sports and entertainment empire.[92] He was also included inLos Angeles Times' 2024 "LA Influential" list.[93]
He was interviewed byMichael Milken at the 2023Milken Institute Global Conference, where he discussed his ownership of Chelsea and the team’s plans for the next season.[94] He has also spoken at conferences such asSporticoLive's "Invest in Sports" summit in 2021 and 2024, where he discussed thesports industry and investment inprofessional sports.[95][96] In 2024, Boehly was a speaker at Bloomberg Invest,[97] and the CAIS Alternative Investment Summit.[98] He was invited to theForbes Iconoclast Summit twice in a row, in 2024[99] and 2025.[57] He was a speaker at the Milken Institute's 2025 Global Investors' Symposium in Hong Kong, where he discussed Eldridge Industries' reorganization of core insurance and alternative investment businesses into Eldridge, as well as the growth of sports in Asian markets.[100] That same year, he joined Bloomberg at the Qatar Economic Forum to discuss developing markets in the Middle East.[101]
Boehly met his wife Katie while studying at College of William & Mary. They have three sons.[7]
Boehly helped found the Boehly Center for Excellence in Finance in 2014 at William & Mary's Raymond A. Mason School of Business with his wife Katie Boehly via a multi-year gift.[102] They also sponsor the yearly women's Stock Pitch and Leadership Summit atWilliam & Mary. In 2020, Boehly and Katie committed funding to the construction of a new athletic complex and sports performance center at the college.[103] They were honorary co-chairs of a $55 million campaign to fund William & Mary Athletics in 2021.[104]
In January 2021, Boehly partnered withWilliam & Mary to produce a series of courses for students at the Boehly Center for Excellence in Finance.[105]
He is also actively involved with various organizations, including Finding a Cure for Epilepsy and Seizures (FACES), theBrunswick School, the Prostate Cancer Foundation and Focused Ultrasound Foundation.[106] He also supports the Milken Centre for Advancing the American Dream.[7]
| Business positions | ||
|---|---|---|
| Preceded by | Chelsea chairman 2022– | Succeeded by Incumbent |