Spending & Earning

Star Agent and Musk Backer Emanuel Builds $1 Billion Fortune

  • Emanuel is an investor in Musk-led OpenAI takeover bid
  • Shares of his Endeavor Group have climbed 48% in the past year
Ari EmanuelPhotographer: Kyle Grillot/Bloomberg
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Ari Emanuel has worn many hats over his career, including Hollywood power broker, tech investor, pro wrestling executive and Donald Trump’s agent. Now, he has one more to add: billionaire.

Emanuel, 63, has a personal net worth of at least $1 billion, according to the Bloomberg Billionaires Index, which is valuing his wealth for the first time. Emanuel’s leveraging of that fortune has recently been in the news: He’s one of the backers behind Elon Musk’s $97.4 billion unsolicited bid to buy the nonprofit that controls OpenAI.