Billionaire Profile
Behdad Eghbali
Global Rank
#1028

Image: Public domain | via Wikimedia Commons

Behdad Eghbali

CEO, Clearlake Capital
US
Real-Time Net Worth
$4.9B
As of December 2025
Age
49
Source
Private equity
Industry
finance-investments
Citizenship
US

Biography

Behdad Eghbali is an Iranian-American billionaire, co-founder, and managing partner of Clearlake Capital, a private equity firm. With a net worth of $4.9 billion, as of October 2024, Eghbali has built a career in finance-investments, marked by strategic investments and operational improvements. His wealth source is primarily private equity. Born in Iran and raised in the U.S., Eghbali's career began in investment banking at Morgan Stanley and Jefferies Broadview before transitioning to TPG Capital. In 2006, he co-founded Clearlake Capital, which has grown to manage over $85 billion in assets. Eghbali is also known for his involvement in sports, as a key figure in Clearlake's ownership of Chelsea Football Club. He is a board member of several companies and non-profit organizations, including his family foundation, the Noor Foundation.

Wealth Over Time

In-Depth Profile

Early Life and Education

Behdad Eghbali was born in Iran on May 6, 1976, and moved to the United States with his family as a child. He attended the Haas School of Business at the University of California, Berkeley, where he earned a Bachelor of Science degree in Business Administration with a finance focus. This academic background provided him with a strong foundation in financial management and corporate strategy.

Rise to Success

Eghbali's professional journey began in investment banking at Morgan Stanley in the technology group and later in the mergers and acquisitions group at Jefferies Broadview. He then joined TPG Capital, where he focused on buyouts and turnarounds. In 2006, he co-founded Clearlake Capital with José E. Feliciano. Under his leadership, Clearlake Capital has grown into a major player in the private equity sector.

Key Business Strategies

Clearlake Capital employs a sector-focused approach, concentrating on technology, industrials, and consumer sectors. The firm is recognized for its operational improvement strategy, known as O.P.S.®, which enhances the performance of its portfolio companies through hands-on management and strategic guidance. This approach has led to significant returns and positioned Clearlake as a trusted partner for businesses seeking transformation. In May 2022, Clearlake Capital led a consortium to acquire Chelsea Football Club, showcasing Eghbali's ability to diversify into sports and entertainment.

Philanthropy

Eghbali is involved in several non-profit organizations, including his family foundation, the Noor Foundation, which focuses on youth development. He also serves on the board of the International Society for Children with Cancer. In 2024, Eghbali paid £56 million for a penthouse in Grosvenor Square in London's Mayfair district.

Career Milestones

2006

Co-founded Clearlake Capital

Co-founded Clearlake Capital with José E. Feliciano.

2022

Acquisition of Chelsea Football Club

Clearlake Capital, led by Eghbali, acquired Chelsea Football Club.

Philanthropy & Social Impact

Education and Culture

Noor Foundation

Unknown

Eghbali serves on the boards of nonprofits, including his family foundation, the Noor Foundation.

Children's Health

International Society for Children with Cancer

Unknown

Eghbali is on the board of the International Society for Children with Cancer.