You are currently viewing What is Todd Boehly’s net worth?  The American billionaire who buys Chelsea also manages the LA Dodgers – The US Sun

What is Todd Boehly’s net worth? The American billionaire who buys Chelsea also manages the LA Dodgers – The US Sun

TODD ​​BOEHLY is an American tycoon and billionaire who takes over Chelsea from Roman Abramovich.

On Friday May 6, Boehly and his consortium signed an agreement to buy the Blues in a deal worth around £4.25billion.

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Todd Boehly takes over ChelseaCredit: Getty – Contributor

But who exactly is he and how did he become so successful?

Who is Todd Boehly?

In addition to being a philanthropist and investor, Todd Boehly is co-founder, CEO, chairman and controlling member of Elridge Industries – a private investment firm located in Greenwich, Connecticut.

He is also the current acting CEO of the Hollywood Foreign Press Association since October 2021 and owns 20% of the Los Angeles Dodgers alongside the co-owner of the Los Angeles Sparks, which contributes to his net worth of £4.72 billion. .

Boehly is 46 with three sons named Nick, Zach and Clay and the American is married to Katie Boehly.

Todd’s grandparents immigrated to the United States from Germany, which allowed the successful businessman to graduate from the Landon School in Bethesda, Maryland, within the year 1991.

Boehly also joined the school’s wrestling team during his school years and they won back to back IAC Championships.

Five years later, the American found himself a graduate but this time he got a degree in finance after studying at the London School of Economics.

Soon after, Boehly started working at Citibank and then at Credit Suisse First Boston to gain some experience in the financial industry.

    Todd Boehly also manages the LA Dodgers

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Todd Boehly also manages the LA DodgersCredit: AP

How did Todd Boehly become a billionaire?

Once Boehly acquired enough knowledge in his first jobs, he joined Guggenheim Partners in 2001.

It was there that the billionaire started the company’s credit investment business, took on all business asset management responsibilities and became the company’s chairman.

Todd then struck a major deal in 2013, between Time Warner Cable and the famed Los Angeles Dodgers baseball team to create SportsNet LA – a regional network to broadcast all things Dodgers. But he only came into play the following year.

However, 2015 was the year Boehly really hit the road to riches as the American tycoon invested in some of the assets he collected at the Guggenheim including The Hollywood Reporter, Dick Clark Productions and Security Benefit to found his current company Eldridge Industries.

And he also became a tech company owner, invested in real estate, and got involved in the food industry.

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