Is Todd Boehly a billionaire? How did Todd Boehly make his money?

Todd Boehly is an American businessman, investor, and philanthropist.

Todd Boehly is the Co-founder, Chairman, Chief Executive Officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut.

Todd Boehly is also on the boards of Cain International, Kennedy Wilson, PayActiv, Truebill, CAIS, Horizon Acquisition Corporation I, and Horizon Acquisition Corporation II.

Todd Boehly has emerged as the leading frontrunner to purchase Chelsea from sanctioned Russian Oligarch Roman Abramovich and has said that if he wins the bid, supporters will be at the club’s heart and that he will mimic Liverpool’s use of statistics to improve Chelsea’s transfer dealings.

It should be noted that this is not the first time Todd Boehly has attempted to buy Chelsea as in 2019, it was reported that he made an attempt to buy the club for $3 billion, but the current owner, Russian billionaire tycoon, Roman Abramovich, rejected the takeover bid.

Is Todd Boehly a billionaire?

Todd Boehly is a billionaire and has an estimated net worth of $4.5 billion, according to Forbes’ real-time wealth tracker.

How did Todd Boehly make his money?

Todd Boehly began his career working at Citibank and then at CS First Boston so he could gain experience with finance.

Boehly then spent his early career at Credit Suisse First Boston and J.H. Whitney & Company before joining Guggenheim Partners in 2001, where he launched the firm’s credit investing business, assumed responsibilities for its asset management business, and most recently served as president.

In early 2013, Tedd Boehly led a deal between Time Warner Cable and the Dodgers to create SportsNet LA, a regional network to broadcast all Dodgers’ games and Dodgers-related programming. Broadcasting from the new team-owned network began at the beginning of the 2014 baseball season.

Then in 2015, Boehly bought some of the assets he had collected at Guggenheim, including The Hollywood Reporter, Dick Clark Productions, and Security Benefit to found Eldridge, a private holding company which invests in various industries.

Todd Boehly’s firm Eldridge owns Security Benefit Life Insurance, and SE2, a technology platform for insurance companies.

Todd Boehly’s real estate investments include Cain International, a real estate firm headquartered in London, is co-owned by Eldridge.

Through Eldridge, Todd Boehly has also invested in real estate firms such as Kennedy Wilson, and helped found European real investment firm Blackbrook Capital.

Todd Boehly is on the boards of Cain International, Kennedy Wilson, PayActiv, Truebill, CAIS, Horizon Acquisition Corporation I, and Horizon Acquisition Corporation II.