Todd Boehly

Todd Boehly (born September 20, 1973) is an American businessman and investor.

He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut.

He is also the interim CEO of the Hollywood Foreign Press Association and co-controlling owner and chairman of football club Chelsea, and Ligue 1 football club RC Strasbourg under BlueCo.

As of 2024, Forbes estimates his net worth at US$6.1 billion.

Boehly, whose grandparents emigrated from Germany, attended Landon School in Bethesda, Maryland, graduating in 1991.

Boehly graduated in 1996 from the College of William & Mary with a Bachelor of Business Administration degree in finance.

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.

Boehly had an interest in finance and Sorkin advised him to move to London due to the potential opportunties to work in one of the largest global financial centres.

Taking Sorkin's advice onboard, he moved to London on a special BUNAC visa and studied at the London School of Economics residing at Passfield Hall.

Whilst at the London School of Economics, Boehly began working at Citibank and then at CS First Boston.

Boehly spent his early career at Credit Suisse First Boston and J.H. Whitney & Company.

He joined Guggenheim Partners in 2001, where he launched the firm's credit investing business, assumed responsibility of its asset management business, and served as president.

In early 2013, Boehly led a deal between Time Warner Cable and the Los Angeles Dodgers of Major League Baseball to create SportsNet LA, a regional network to broadcast all Dodgers’ games and Dodgers-related programming.

Broadcasting from the team-owned network began with the 2014 baseball season.

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.

In addition to Greenwich, Eldridge also has offices in New York, London and Beverly Hills.

Boehly is on the boards of Cain International, Kennedy Wilson, PayActiv, Vivid Seats, Viral Nation, Accelerant, CAIS, Horizon Acquisition I, and Horizon Acquisition Corporation II.

He was formerly on the board of Truebill.

Accelerant, which has received investment from Eldridge, was valued at $2.4 billion in 2023.

Boehly's firm Eldridge owns Security Benefit Life Insurance, and Zinnia (formerly SE2), a technology platform for insurance companies.

Zinnia acquired insurance marketplace Policygenius in 2023.

As CEO, chairman and co-founder of Eldridge, he invested in Clearcover Insurance, and DPL Financial Advisors, an RIA insurance network.

His real estate investments include Cain International, a real estate firm co-owned by Eldridge, Kennedy Wilson and Langdon Park Capital.

He helped found European real investment firm Blackbrook Capital.

Boehly has invested in the digital technology industry, including companies such as Gopuff, Stash, Wealthsimple, Dataminr, AI security company AnyVision, digital health platform Wellthy, Truebill, Quantum-Si and Tripledot Studios.

In 2019, Boehly made an attempt to buy the English football club Chelsea for $3 billion, but the owner at the time, Russian billionaire tycoon, Roman Abramovich, rejected the takeover bid.

In March 2022, alongside Mark Walter, Hansjörg Wyss and Clearlake Capital, he launched a bid to buy the club from Abramovich, who had announced an intention to sell it amid the Russian invasion of Ukraine.

The consortium was later known as BlueCo.

On May 6, 2022, Chelsea confirmed that the bid had been accepted and would be finalized by the end of the month.

He acquired data technology company Seek (formerly Knoema) through Eldridge in 2020.

Boehly has invested in the hospitality group Aurify Brands, which owns restaurant chains such as Le Pain Quotidien.

He also invested in Chuck E. Cheese, and materials science company Recover.

Boehly's Eldridge owns Stonebriar Commercial Finance, a large ticket commercial finance and leasing company, and seeded Essential Properties Realty Trust.

Some of Eldridge's credit management operations were spun out in 2021 to create Panagram Structured Asset Management.

Eldridge co-founded CBAM Partners, an SEC-registered investment advisor.

It was sold to The Carlyle Group for $787 million in 2022.

In October 2022, Eldridge invested in Protein Evolution, Inc., a company which develops enzymes to break down plastic and textile materials for recycling.

Through Eldridge, Boehly backs the Allbright Alliance, which works to support the advancement of women in the workforce.

Boehly owns 20% of the Los Angeles Dodgers and is also a part owner of the Los Angeles Sparks.

He is an owner of fantasy sports company DraftKings and esports organization Cloud9.