Exclusive | Chelsea owner Todd Boehly eyes Hong Kong and Macau for fintech, entertainment expansion
The American tycoon spots potential for fintech, sports and entertainment expansion in Hong Kong and Macau
Todd Boehly, an American tycoon who counts Chelsea Football Club, the Los Angeles Dodgers and the Los Angeles Lakers in his portfolio, said he sees many opportunities in Asia, including Hong Kong and Macau.
The opportunities may lead to a bigger presence in the region for his newly established asset-management firm in the future.
“It’s a giant market and it’s right on the doorstep of [1.4] billion Chinese people,” Boehly said in an exclusive interview with the Post on Monday. “I have to lay the groundwork now – find the team, the people, the plan and the real estate.”
Boehly, 51, said his trip to Asia was to start thinking about the opportunities and “see everything first-hand”. Before arriving in Hong Kong, he was in Tokyo, to see the Dodgers play Major League Baseball games, followed by Seoul. His next stop is Singapore.
Boehly, whose net worth is estimated at US$8.5 billion according to Forbes, is the co-founder, chairman and CEO of Eldridge Industries. The private investment firm’s interests span insurance, asset management, technology, sports and gaming, media and music, real estate and consumer businesses.