The Puerto Rican-born American businessman and investor is co-founder and managing partner of the investment firm Clearlake Capital, owner of English club Chelsea.
When hearing his name, everyone might think of the bolero singer, but it is a homonym, a 51-year-old Puerto Rican businessmanwith a fortune exceeding USD 3.8 billionwho went from being mechanic to one of the Latins richest people in the world.
Learn in this story how the businessman achieved this fortune by acquiring the English club Chelsea during the pandemic.
Who is José Feliciano and how he built his multimillion-dollar fortune
Jose Feliciano Born in Bayamón, Puerto RicoHe attended Princeton University where he graduated with a B.A. aerospace mechanic in 1994He subsequently obtained his MBA from Stanford Business School.
He began his career working in different investment funds until, In 2006, together with Steven Chang and Behdad Eghbali, they founded Clearlake Capital Group.a company based in Santa Monica, United States.
During the economic crisis of 2007-2008, Feliciano’s company made the right investments and started making money. The firm is known for buying software, industrial and consumer products companies.
This company was part of a conglomerate that allowed the purchase of the English club Chelsea in 2022, being one of the major shareholders, for more than £4.25 billionThis was because the British government blocked the accounts of Roman Abramovich, the previous owner who was one of Russian President Vladimir Putin’s closest friends.
How much is José Feliciano’s fortune, according to Forbes
Feliciano worked in investment banking at Goldman Sachs and was chief financial officer of govWorks before it filed for bankruptcy in 2000. His assets are valued at $3.8 billionaccording to Forbes magazine.
Source: Ambito
