Todd Boehly

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Todd Boehly
Boehly in 2024
Todd Boehly
Born20 9, 1973
BirthplaceUnited States
NationalityAmerican
OccupationBusinessman, investor
TitleChairman and CEO, Eldridge Industries; Chairman, Chelsea F.C.
Known forCo-founder, chairman, and CEO of Eldridge Industries; co-controlling owner and chairman of Chelsea F.C.
EducationCollege of William & Mary

Todd Boehly (born September 20, 1973) is an American businessman, investor, and sports executive who serves as co-founder, chairman, chief executive officer, and controlling member of Eldridge Industries, a diversified holding company headquartered in Miami, Florida. Over the course of a career spanning more than two decades, Boehly has built a wide-ranging business portfolio that encompasses media, entertainment, technology, real estate, insurance, and professional sports. He first gained prominence through his senior leadership role at Guggenheim Partners, a global financial services firm, before departing to establish Eldridge Industries in 2015. His sports investments include co-ownership stakes in the Los Angeles Dodgers, the Los Angeles Lakers, the Los Angeles Sparks, and most notably Chelsea F.C., the Premier League football club he acquired in 2022 alongside a consortium of investors. He also co-owns French Ligue 1 club RC Strasbourg Alsace. Through Eldridge and its affiliated entities, Boehly has become one of the most active investors in the media and entertainment sector, with interests that have included stakes in companies behind publications such as Billboard, Rolling Stone, and Variety.

Early Life

Todd Boehly was born on September 20, 1973, in the United States. Detailed information about his childhood, family background, and upbringing prior to his college years is limited in publicly available sources. He attended the College of William & Mary in Williamsburg, Virginia, where he studied business and developed an early interest in finance and investment. His connection to the university would prove to be a lasting one; in later years, Boehly became one of William & Mary's most prominent benefactors, contributing significantly to the school's academic and athletic programs.

Education

Boehly is an alumnus of the College of William & Mary, where he earned his undergraduate degree. His engagement with the university continued well beyond graduation. In 2014, William & Mary announced a major gift from Boehly to fund a new finance center within the Raymond A. Mason School of Business, which was subsequently named the Boehly Center.[1] In 2021, Eldridge Industries partnered with William & Mary to develop new course offerings at the Boehly Center, further deepening the relationship between the company and the institution.[2] Boehly has also contributed to William & Mary's athletic programs; the university launched a $55 million campaign for Tribe Athletics that included plans for the revitalization of Kaplan Arena and a new sports performance center, initiatives supported in part by Boehly's philanthropy.[3][4]

Career

Guggenheim Partners

Boehly rose to prominence in the financial industry through his tenure at Guggenheim Partners, a global investment and advisory firm. He served as president of the firm, overseeing a broad array of investment activities. During his time at Guggenheim, Boehly was involved in a number of high-profile transactions and helped expand the firm's portfolio across multiple asset classes. His work at Guggenheim included involvement in the consortium that acquired the Los Angeles Dodgers in 2012, one of the largest sports transactions in history at the time.

In 2015, Variety reported that Boehly was exploring the formation of his own company while still at Guggenheim Partners.[5] This announcement signaled a pivotal moment in Boehly's career, as he moved to establish an independent platform from which to pursue investments across a wider range of industries.

Eldridge Industries

Following his departure from Guggenheim Partners, Boehly co-founded Eldridge Industries, a diversified holding company. As chairman, chief executive officer, and controlling member, Boehly built Eldridge into an expansive enterprise with interests spanning financial services, technology, media and entertainment, sports, real estate, and insurance. The company is headquartered in Miami, Florida.

Bloomberg profiled Boehly's trajectory from his work with collateralized loan obligations (CLOs) at Guggenheim to his expanding empire under the Eldridge banner, noting the breadth of industries in which the firm had established a presence.[6]

Under Boehly's leadership, Eldridge made investments and acquisitions across a range of sectors:

Real Estate: Eldridge was involved in the real estate investment sector. Essential Properties Realty Trust, a company in which Eldridge had an interest, went public in 2018 amid challenging conditions for the retail sector.[7] Additionally, a new European property investment firm received approximately $1 billion in capital backing, further illustrating the scope of real estate activities connected to Boehly's investment network.[8]

Technology: Eldridge invested in technology companies, including a Durham-based technology firm that raised $50 million in funding as it sought to disrupt its industry.[9]

Corporate Governance: Boehly served on the board of directors of Kennedy-Wilson Holdings, a global real estate investment company, before stepping down from that position.[10]

Media and Entertainment

One of the most prominent areas of Boehly's investment activity has been the media and entertainment industry. Through Eldridge and affiliated entities, Boehly built significant positions in major media properties.

Boehly was involved in MRC (Media Rights Capital), an entertainment company. In 2018, a merger was announced between Dick Clark Productions and MRC, consolidating assets in live entertainment and content production under a single umbrella.[11]

In 2020, a joint venture was formed between Penske Media Corporation and MRC that brought together a number of prominent media brands. Under this arrangement, publications including Rolling Stone, Billboard, Vibe, and others were set to operate under a new joint venture known as PMRC (Penske Media-MRC).[12] The joint venture also encompassed data and analytics firms connected to the music and entertainment industries.[13]

These media investments placed Boehly at the intersection of entertainment, publishing, and data analytics, establishing Eldridge as a notable player in the evolving landscape of media ownership.

Sports Investments

Los Angeles Dodgers

Boehly's entry into professional sports ownership came through the acquisition of the Los Angeles Dodgers. In 2012, a consortium that included Boehly, along with Mark Walter, Magic Johnson, and others, purchased the Dodgers in what The Wall Street Journal reported was a landmark transaction for Major League Baseball.[14]

The new ownership group quickly moved to secure the franchise's financial future. In November 2012, Deadline reported that Fox Sports was closing a deal for the Dodgers' television rights in a package valued between $6 billion and $7 billion over 25 years, a transformative agreement for the franchise.[15] Shortly thereafter, the Dodgers announced the creation of SportsNet LA, a dedicated regional sports network that would begin broadcasting during the 2014 season.[16]

Under the ownership group that included Boehly, the Dodgers experienced sustained on-field success, becoming one of the most competitive franchises in Major League Baseball. The team won the World Series in 2020, ending a championship drought that had lasted since 1988.

Los Angeles Sparks

In February 2014, it was reported that the Los Angeles Sparks of the Women's National Basketball Association (WNBA) had been sold to a group that included Boehly, along with Magic Johnson and other investors connected to the Dodgers ownership.[17] The acquisition expanded Boehly's sports portfolio into women's professional basketball.

Los Angeles Lakers

In 2021, Boehly and other co-owners of the Dodgers acquired a minority ownership stake in the Los Angeles Lakers of the National Basketball Association (NBA). The Los Angeles Business Journal reported on the investment, which further consolidated the group's position in Los Angeles professional sports.[18] Sportico confirmed that the deal had closed, making Boehly and his partners part-owners of one of the NBA's most storied franchises.[19]

Chelsea F.C.

Boehly's most high-profile sports acquisition came in 2022 when he led a consortium that purchased Chelsea F.C., one of the most prominent football clubs in the English Premier League. The acquisition followed the forced sale of the club by its previous owner, Roman Abramovich, after the United Kingdom government imposed sanctions on Abramovich in connection with Russia's invasion of Ukraine. Boehly's consortium reportedly bid approximately $3 billion (£2.5 billion) for the club, as reported by Sportskeeda and other outlets.[20]

On June 20, 2022, Boehly was installed as chairman of Chelsea F.C., succeeding Bruce Buck, who had held the position during the Abramovich era. Boehly also became co-controlling owner of the club, succeeding Abramovich in that capacity. His ownership group, operating under the banner of BlueCo, subsequently acquired a stake in French Ligue 1 club RC Strasbourg Alsace in June 2023, expanding the group's multi-club ownership model.

Boehly's tenure as Chelsea chairman has been marked by significant transfer market activity, with the club spending heavily on new player acquisitions. His approach to running the club has drawn both praise and scrutiny from fans, media, and football analysts, as the new ownership group sought to reshape the squad and the club's footballing philosophy.

Personal Life

Todd Boehly maintains a relatively private personal life. He is known to reside in the United States and has been associated primarily with Los Angeles and, through Eldridge Industries' headquarters, Miami, Florida. His philanthropic activities are concentrated around his alma mater, the College of William & Mary, where he has funded the Boehly Center at the Raymond A. Mason School of Business and contributed to athletic facilities and programming.[21] His investment in educational programming at William & Mary, including the development of new course offerings through Eldridge's partnership with the university, reflects a sustained commitment to business education and workforce development.

Beyond his business and philanthropic activities, Boehly's public profile expanded significantly following his acquisition of Chelsea F.C., which brought him increased attention in the United Kingdom and global sports media.

Recognition

Boehly has been recognized primarily through business and media profiles rather than formal awards. Bloomberg featured him in a 2019 profile examining his post-Guggenheim career trajectory and the growth of Eldridge Industries.[22] His involvement in the Dodgers' record-setting television rights deal and the acquisition of Chelsea F.C. have been among the most widely covered transactions in sports business history.

At the College of William & Mary, the Boehly Center for Excellence in Finance at the Raymond A. Mason School of Business stands as a permanent recognition of his contributions to the university. As of December 2025, Forbes estimated Boehly's net worth at approximately $9.3 billion, placing him among the wealthiest individuals in the United States.

References

  1. "W&M Receives Gift to Fund New Finance Center in Business School".College of William & Mary.2014.https://www.wm.edu/news/stories/2014/wm-receives-gift-to-fund-new-finance-center-in-business-school123.php.Retrieved 2026-02-24.
  2. "Eldridge Partners with William & Mary to Develop New Course Offerings for the Boehly Center".Raymond A. Mason School of Business, William & Mary.2021.https://mason.wm.edu/news/2021/eldridge-partners-with-william-and-mary-to-develop-new-course-offerings-for-the-boehly-center.php.Retrieved 2026-02-24.
  3. "William & Mary Launches $55 Million Campaign for Tribe Athletics".WTKR.https://www.wtkr.com/sports/william-mary-launches-55-million-campaign-for-tribe-athletics.Retrieved 2026-02-24.
  4. "W&M Announces Kaplan Arena Revitalization and New Sports Performance Center".College of William & Mary.2020.http://advancement.wm.edu/news/2020/wm-announces-kaplan-arena-revitalization-and-new-sports-performance-center.php.Retrieved 2026-02-24.
  5. "Guggenheim Partners Says President Todd Boehly Is Exploring Forming His Own Company".Variety.2015.https://variety.com/2015/digital/news/guggenheim-partners-says-president-todd-boehly-is-exploring-forming-his-own-company-1201460922/.Retrieved 2026-02-24.
  6. "From CLOs to Ozark, Ex-Guggenheim President Builds an Empire".Bloomberg.2019-09-09.https://www.bloomberg.com/news/articles/2019-09-09/from-clos-to-ozark-ex-guggenheim-president-builds-an-empire.Retrieved 2026-02-24.
  7. "Essential Properties Goes Public Despite the Retail Apocalypse".Bloomberg.2018-06-21.https://www.bloomberg.com/news/articles/2018-06-21/essential-properties-goes-public-despite-the-retail-apocalypse.Retrieved 2026-02-24.
  8. "New European Property Investment Firm Gets $1bn Capital Backing".IPE Real Assets.https://realassets.ipe.com/news/new-european-property-investment-firm-gets-1bn-capital-backing/10044091.article.Retrieved 2026-02-24.
  9. "Durham Tech Outfit Raises $50M, Seeks to Disrupt".Triangle Business Journal.2018-07-23.https://www.bizjournals.com/triangle/news/2018/07/23/durham-tech-outfit-raises-50m-seeks-to-disrupt.html.Retrieved 2026-02-24.
  10. "Kennedy Wilson Board Member Steps Down".S&P Global Market Intelligence.https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/kennedy-wilson-board-member-steps-down-57554584.Retrieved 2026-02-24.
  11. "Dick Clark Productions, MRC Merge Under New Company".Los Angeles Times.2018-01-31.http://www.latimes.com/business/hollywood/la-fi-ct-hollywood-dick-clark-mrc-merger-20180131-story.html.Retrieved 2026-02-24.
  12. "Rolling Stone, Billboard, Vibe & More to Operate Under New Joint Venture PMRC".Pitchfork.https://pitchfork.com/news/rolling-stone-billboard-vibe-more-to-operate-under-new-joint-venture-pmrc/.Retrieved 2026-02-24.
  13. "Penske Media, MRC Joint Venture to Include Data Firms".Billboard.https://www.billboard.com/articles/business/9471035/penske-media-mrc-joint-venture-data-firms/.Retrieved 2026-02-24.
  14. "Dodgers Sale".The Wall Street Journal.2012.https://www.wsj.com/articles/SB10001424052702303404704577309850685211084.Retrieved 2026-02-24.
  15. "Fox Closing Deal for Dodgers TV Rights, Paying New Owner $6B-$7B for 25 Years".Deadline.2012-11.https://deadline.com/2012/11/exclusive-fox-closing-deal-for-dodgers-tv-rights-paying-new-owner-6b-7b-for-25-years-were-out-if-not-done-by-nov-30-376610/.Retrieved 2026-02-24.
  16. "Dodgers Announce New TV Network SportsNet LA Starting in 2014 Season".Bleacher Report.https://bleacherreport.com/articles/1504723-dodgers-announce-new-tv-network-sportsnet-la-starting-in-2014-season.Retrieved 2026-02-24.
  17. "Sparks Sold to Magic Johnson, Dodgers Ownership Group".Los Angeles Times.2014-02-04.http://www.latimes.com/sports/sportsnow/la-sp-sn-sparks-sold-magic-dodgers-20140204-story.html#axzz2sJrXrCHG.Retrieved 2026-02-24.
  18. "Dodgers Co-Owners Take Minority Stake in Lakers".Los Angeles Business Journal.2021-07-12.https://www.bizjournals.com/losangeles/news/2021/07/12/dodgers-co-owners-take-minority-stake-in-lakers.html.Retrieved 2026-02-24.
  19. "Dodgers Owners Close Lakers Stake".Sportico.2021.https://www.sportico.com/leagues/basketball/2021/dodgers-owners-close-lakers-stake-1234633913/.Retrieved 2026-02-24.
  20. "LA Dodgers Owner Todd Boehly Makes a Monstrous $3B Takeover Bid for Chelsea".Sportskeeda.https://www.sportskeeda.com/football/la-dodgers-owner-todd-boehly-makes-a-monstrous-3b-takeover-bid-for-chelsea.Retrieved 2026-02-24.
  21. "W&M Receives Gift to Fund New Finance Center in Business School".College of William & Mary.2014.https://www.wm.edu/news/stories/2014/wm-receives-gift-to-fund-new-finance-center-in-business-school123.php.Retrieved 2026-02-24.
  22. "From CLOs to Ozark, Ex-Guggenheim President Builds an Empire".Bloomberg.2019-09-09.https://www.bloomberg.com/news/articles/2019-09-09/from-clos-to-ozark-ex-guggenheim-president-builds-an-empire.Retrieved 2026-02-24.