BillionaireNet
Cardinale
Gerry Cardinale
Rank #2131
UNITED STATESFinance & InvestmentsPrivate equity

Gerry Cardinale

Net Worth
$1.8B
0% (24h)
Gerry Cardinale is a prominent American-Italian businessman, private equity investor, and philanthropist. He is the founder and managing partner of RedBird Capital Partners, a private investment firm with approximately $12 billion in assets under management, focusing on building high-growth companies in sports, media, entertainment, and financial services. His source of wealth stems from private equity investments, and he has an estimated net worth of $1.8 billion. Cardinale's career includes nearly two decades at Goldman Sachs, where he became a partner, and he played a key role in founding the YES Network. He is actively involved in philanthropy, supporting education, healthcare, and the arts.

The Full Dossier

Early Life and Education

Gerry Cardinale was born in Villanova, Pennsylvania, and later studied at Harvard University, where he graduated magna cum laude. He also attended Oxford University as a Rhodes Scholar, earning a Master of Philosophy in Politics and Political Theory. He was also a rower, competing in the Oxford-Cambridge Boat Race.

Rise to Success

Cardinale began his career at Goldman Sachs in 1992, becoming a partner in 2004. He focused on building the firm's investment business and worked with entrepreneurs to develop multi-billion-dollar companies. He played a key role in creating the YES Network with New York Yankees owner George Steinbrenner.

Key Business Strategies

In 2014, Cardinale founded RedBird Capital Partners, a private equity firm focused on investments in sports, media, entertainment, and financial services. RedBird has invested in various ventures, including AC Milan, Skydance Media, and the XFL. Cardinale emphasizes a hands-on approach, seeking to transform businesses by leveraging their underlying assets rather than just extracting profits. He aims to modernize the fan experience and create a perpetual income stream, particularly in sports.

Philanthropy

Cardinale is actively involved in philanthropy, supporting causes related to education, healthcare, and the arts. He serves on the boards of the Mount Sinai Health System and the US Rowing Foundation. He has also made commitments to international economic development and women's empowerment through Water.org.

Career Timeline

2022

Acquired AC Milan

RedBird Capital Partners acquired AC Milan.

2014

Founded RedBird Capital Partners

Launched RedBird Capital Partners, a private equity firm.

2004

Made Partner at Goldman Sachs

Became a partner at Goldman Sachs.

2001

Founded YES Network

Helped create the Yankees Entertainment & Sports (YES) Network.

1997

Returned to New York

Returned to New York and continued working in finance.

1994

Moved to Merchant Banking Division

Transferred to Goldman Sachs' Merchant Banking Division to build its investment business.

1992

Began Career at Goldman Sachs

Joined Goldman Sachs and began his career in finance.

Philanthropic Impact

International DevelopmentUndisclosed

Water.org

Supports international economic development and women's empowerment.

HealthcareUndisclosed

Mount Sinai Health System

Serves as a Trustee.

SportsUndisclosed

US Rowing Foundation

Serves as a Trustee.

EducationUndisclosed

Rhodes Scholarships

Committed to higher education.

EducationUndisclosed

Harvard University, Phillips Academy Andover

Committed to higher education and the Rhodes Scholarships.

Wealth Trajectory