Behdad Eghbali | American Business Biography

One of the most powerful and famous investors in the world is Behdad Eghbali. He helped to start Clearlake Capital Group and is now its managing partner. Clearlake Capital Group is a private equity company that manages more than $70 billion and is known for getting some of the best returns in the business. An important part of his life is being a co-owner of Chelsea FC, a famous English soccer team.

A private equity firm called Clearlake Capital Group has $43 billion in assets and invests in software, industrial, and consumer goods companies. Eghbali is one of the founders and managing partners of this company. He was a part of some of the best deals in the business, like when Diligent, a top provider of software for corporate governance, was bought and when Vision Solutions, a company that makes software for protecting data, was sold.

Who is Behdad Eghbali?

Like many other important people in American business, Behdad Eghbali is best known for being the Managing Partner and Co-Founder of Clearlake Capital Group. Besides that, he owns a big part of the famous football club Chelsea, which is a major rival in the English Premier League. People all over the world praise Eghbali for being a great businessman. He was born on May 6, 1976.

Early Life

He was born in 1976, so in 2023 he will be 47 years old. He was born in Iran, but his family moved to the US when he was a child. Behdad went to Beverly Hills High School in Los Angeles, where he grew up. Because he was born in Iran and has an Iranian name, many people think he is Muslim, but he hasn’t said for sure.

He became interested in business and finance at a young age and took part in many academic events and activities outside of school. A bachelor’s degree in business administration with a focus on finance was what he got from the University of California, Berkeley.

Read Also : Danny Duncan | YouTuber Biography & Net worth

Family of Behdad Eghbali

He was born in Iran, but Bgsirs.org says that he and his family moved to the United States when he was a kid. He was born in the United States and comes from Iranian roots. Behdad went to Beverly Hills High School in Los Angeles, where he grew up. After that, he got his bachelor’s degree in business management from the University of California, Berkeley.

No one in the sources names his parents, but it’s likely that they are smart and happy with his career decisions. One of the reasons they left Iran in 1986 was so he wouldn’t have to fight in the Iran-Iraq War. Besides being a great business owner, he also has a sister named Shadi Eghbali. She started and runs Shadi & Co., a high-end leisure brand that gives women carefully chosen goods and services.

Wife

Julia Harris, who used to be an actor and was in a number of TV shows and movies in the 1990s and early 2000s, is married to Eghbali. They have a boy named Cyrus and a daughter named Sophia.

A mansion that they bought for $21 million in 2019 in the wealthy Los Angeles area of Brentwood Park is where the couple lives. There are nine bathrooms, a pool, a spa, a gym, a wine cellar, and a home theater on the land.

Eghbali also gives money to good causes and groups, like the Children’s Hospital Los Angeles, the UCLA Foundation, the Iranian American Women Foundation, and the Pars Equality Center.

Career

He went to Beverly Hills High School in Los Angeles, California, where he grew up. He was a smart, driven kid who did really well in science and math.

After high school, he went to the University of California, Berkeley, and got his bachelor’s degree in business administration there in 1998. He joined the Berkeley Entrepreneurs Forum, a student-run group that connects would-be entrepreneurs with investors and teachers, because he was interested in both money and business.

He went to Berkeley and graduated. Then he joined TPG Capital, which is one of the biggest and best private equity companies in the world. He worked there for a number of years and learned a lot about many different markets and businesses. He was a part of some of TPG’s most important deals, like when they bought Burger King in 2002 and invested in J.Crew in 2003.

Achievements

• One of the most successful and well-known private equity companies in the world, Clearlake Capital Group, was started by him.
• He led or co-led more than 90 investments in a wide range of markets and areas, giving his investors huge returns.
• He bought Chelsea FC with a group of other partners. Chelsea FC is one of the most famous and successful soccer teams in the world.
• Forbes put his net worth at $3.8 billion, making him one of the 400 richest people in the United States in 2022.
• With a net worth of $4.2 billion, he was one of Forbes’ Billionaires in 2023.
• “The Man Behind the Billion-Dollar Deals” was the title on the cover of Forbes magazine in June 2023 of that year.
• In 2023, Private Equity International named him one of the Main People Who Matter in Private Equity.
• It was the Berkeley Haas School of Business that gave him the Outstanding Alumni Award in 2023.

Net worth

Indeed, Eghbali is the 636th richest person in the world and the 244th richest person in the United States, according to Forbes. His net worth is $3.8 billion. At age 47, he is also one of the youngest billionaires on the list.

Since 2022, when he was worth $3.4 billion, his wealth has grown by 13%. His main source of wealth is his share in Clearlake Capital Group, the private equity company he started and runs with Jose E. Feliciano.

Eghbali’s main source of income comes from the fees and gains made by Clearlake Capital Group. This company invests in software, industrial, and consumer goods companies and is in charge of $43 billion in assets. With an average internal rate of return (IRR) of over 30%, Clearlake Capital is known for getting some of the best profits in the private equity business.

Behdad’s luxury and expensive lifestyle shows how rich and important he is. He lives in Brentwood Park, a wealthy area of Los Angeles, in a house that he bought for $21 million in 2019. There are nine bathrooms, a pool, a spa, a gym, a wine cellar, and a home theater on the land.

FAQ’s

[sp_easyaccordion id=”1120″]