Todd Boehly

He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company[1] headquartered in Greenwich, Connecticut.

[7] 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.

[7][8] 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.

[19] In 2023, he appeared on CNBC to discuss Eldridge Industries' focus on credit management and scaling businesses in response to market conditions in the United States.

[20] In 2024, he made another appearance on CNBC to discuss growing activity in mergers and acquisitions as part of a shift towards market consolidation.

[24] Accelerant, which has received investment from Eldridge Industries, was valued at $2.4 billion in 2023,[25] and expanded into Canada later that year with the acquisition of Omega Insurance.

In 2010, he visited Topeka, Kansas to lead Security Benefit's acquisition by Guggenheim and demutualization, before spinning it out as a part of Eldridge Industries later that year.

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

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

[57] In October 2024, it was reported that Eldridge Industries would acquire a 10% interest in Blue Owl GP Stakes Fund III.

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

[62] 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.

[70][71] 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".

[77] On 22 June 2023, Boehly acquired a majority stake in French Ligue 1 club Strasbourg for a reported fee of £65M through BlueCo.

[79][80] In September 2020, it was announced that Boehly's MRC and Penske Media Corporation were merging as part of a joint venture to manage their publications, including Billboard, Rolling Stone, The Hollywood Reporter, Variety and Music Business Worldwide.

[81] MRC and Penske announced plans to manage content such as television series, films and live events through a second joint venture.

[84] As part of the agreement, Eldridge became a minority stakeholder in MRC, maintaining ownership of Dick Clark Productions from the company, and retained Boehly's investments in ventures such as A24, Fulwell 73 and Penske Media, including Billboard, The Hollywood Reporter, Luminate Data, Life Is Beautiful Music & Art Festival and South by Southwest.

[90] In April 2022, Boehly led a $250 million investment round in Canadian influencer marketing and technology company, Viral Nation.

[98] In a December 2022 interview with the LA 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.

[103][104] 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.