Hollywood Super-Agent Emanuel Cashes In With Endeavor Group IPO
- Ari Emanuel and partner control $840 million of firm’s shares
- Hollywood power player says that ‘Nobody compares to us’
This article is for subscribers only.
Ari Emanuel, the brash Hollywood power player immortalized by Jeremy Piven in the HBO series “Entourage,” has finally secured his coveted role for his #1 client: himself.
The part he landed: The ultra-wealthy head of a publicly traded company. Shares of Endeavor Group Holdings Inc., the entertainment and talent firm he co-founded, rose 5% in its first day of trading Thursday and were up another 5.3% to $26.53 at 11:12 a.m. in New York. It’s been a positive start for the pandemic-battered enterprise whose previous attempt at going public flopped.