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Ryan Kavanaugh Net Worth, Biography & Wiki 2017
Ryan Colin Kavanaugh was born on the 4th December 1974, in Los Angeles, California USA, and is a businessman, film financier and producer, who is probably best known for founding and being the CEO of Relativity Media, a movie studio through which he has financed more than 200 film titles. His career has been active since the 1990s.
So, have you ever wondered how rich Ryan Kavanaugh is, as of early 2017? According to authoritative sources, it has been estimated that the total size of Ryan’s net worth is over $50 million, an amount which has been accumulated through his successful career in the film industry.
Ryan Kavanaugh Net Worth $50 Million
Ryan Kavanaugh hails from a Jewish family; the son of Leslie, who worked as a real estate broker, and Jack Kavanaugh (formerly Konitz), who was a dentist and businessman. He spent his childhood in the Brentwood neighborhood of Los Angeles, where he went to Brentwood High School. Upon matriculation, he enrolled at the University of California, Los Angeles (UCLA).
Right after graduation, Ryan’s career in the business industry began, as he established a small venture capital company, which collaborated with a number of other small businesses, consulting and financing them; however, he didn’t have any major success so it eventually closed.
Nevertheless, in May of 2004, he co-founded Relativity Media LLC, together with Lynwood Spinks, and he created “the model”, which is designed to predict the success as well as profitability of any given film. The company is based in Beverly Hills, Los Angeles, and it began to operate with financial support of films through banks. During the first year of business, they created the Marvel Cinematic Universe for Marvel Studios, and since then his career has only gone upwards, as well as his net worth. Ryan gained popularity through his business, as he collaborated with a number of companies, such as Universal, Sony, Warner Brother, Overture Films, etc.
Soon the company became the third largest in the world, producing, distributing and financing more than 200 film titles, and earning more than 60 Oscar nominations. Some of their most popular films are “The Fast And The Furious: Tokyo Drift” (2006), “The Mummy: Tomb Of The Dragon Emperor” (2008), “Les Misérables” (2012) and “Furious 7” (2015), among many others, all of which increased his net worth by a large margin.
Speaking further about his career, Ryan made a deal with billionaire Ron Burkle that he would invest over $800 million in the company in 2012. Thanks to that, during the following year they expanded into television, sports management, and digital content, which only increased his net worth. However, three years later the company filed for Chapter 11 bankruptcy, but in no time, they reduced the debt and continued working.
Thanks to his accomplishments in the film industry, Ryan has won a number of recognitions and awards, such as the 2009 Hollywood Producer of the Year Award, and in 2011 he was named Variety’s Showman of the Year.
When it comes to his personal life, Ryan Kavanaugh has been married to model Jessica Roffey since 2015. Previously, he was married to Britta Lazenga from 2011 to 2014. His current residence is in Malibu, California. In his spare time, Ryan is a very active humanitarian, as he supports such charitable organizations as FreeHand, Cedars-Sinal Medical Center, etc. Thus, he earned the Hollywood Humanitarian Award in 2010.