Jonathan M. Nelson Net Worth

Net Worth: $1.5 Billion
Statistics
  • Source of Wealth:

    Leverage Buyout
  • Marital Status:

    Widowed
  • Full Name:

    Jonathan M. Nelson
  • Nationality:

    American
More Stats View More

About Jonathan M. Nelson

As of March 2013, Jonathan Nelson has an estimated net worth of $1.5 billion that he earned from leveraged buyout. According to Forbes.com, he is #974 in World Billionaires List (#854 in 2012), #328 in the United States, and #285 in Forbes 400 List. He is also the richest person in Rhode Island. He holds a degree in Economics that he earned from Brown University as well as an MBA from Harvard University.

Nelson joined Narragansett Capital in 1983. It was a private equity firm and served as a managing director. He also specialized in the sectors of broadcasting, cable television and publishing. In 1989, he founded Provide Equity Partners, a pioneering sector-based private equity firm, which now manages $27 billion. In October 2012, it opened an office in Beijing and he plans to invest at least 25% of its assets in emerging markets. It also sold its 10% stake in online video site, Hulu, for a reportedly $300 million price.

Jonathan Nelson currently sits on the board of the Newport Festivals Foundation, a group that manages the jazz and folk music festivals in Newport. He also serves as a Fellow of Brown University and has donated $20 million to fund the construction of a new fitness center as well as to back professorship. He is a Republican supporter and has backed presidential candidate Mitt Romney. He has signed the Giving Pledge, a campaign led by Warren Buffett and Bill Gates, in September 2012. He has promised to donate at least half his wealth to charity.

Looking for an AD FREE EXPERIENCE on TheRichest?

Get Your Free Access Now!