- Source: Jamie Salter (businessman)
Jamie Salter (born 1962/1963) is a Canadian billionaire businessman. He is the founder, chairman and CEO of Authentic Brands Group, an American brand development and licensing company in New York City. Before establishing Authentic Brands Group, he was the CEO of Hilco Consumer Capital.
Early life and education
Salter is a native of Toronto, Canada. He attended high school in California and then studied business at Long Beach State University, before transferring to Carleton University in Ottawa, Canada.
Career
Salter began his career marketing sporting goods during the 1980s. In 1992, he co-founded the snowboard manufacturer Ride Inc., which became publicly traded on the Nasdaq in 1994. Salter stepped down as the company's CEO in 1996. He subsequently worked with several other sporting goods companies prior to joining his next major venture, Hilco Consumer Capital.
Salter is the co-founder of Hilco Consumer Capital, the private equity unit of Hilco Trading LLC, which he helped start in December 2006. He left Hilco in 2010 to start his own company, Authentic Brands Group.
In November 2021, after a funding round valued the company at $9.5 billion, Salter's net worth was estimated at US$1.1 billion.
Personal life
Salter has four sons, who all work for Authentic Brands Group. His son Corey Salter is the company's chief operating officer.
He lives in a luxury condo building in the Chelsea district of New York City, and he has a Canadian vacation home in Muskoka, Ontario.
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