Brendan Kennedy (businessman) explained

Brendan Kennedy
Nationality:American
Education:
Known For:CEO and co-founder, Privateer Holdings
CEO, Tilray
Children:2

Brendan Kennedy (born)[1] is an American businessman, CEO and a co-founder of Privateer Holdings, along with Michael Blue and Christian Groh, and the former CEO of Tilray.

Early life

Kennedy is the sixth of seven children of a San Francisco family.[2]

Kennedy earned a BA in architecture from the University of California, Berkeley in 1993,[3] an MS in Engineering from the University of Washington in 1995, and an MBA from Yale University in 2005.[4] [5]

Career

Kennedy previously worked at SVB Analytics, an affiliate of Silicon Valley Bank, as did Christian Groh.[6]

Kennedy is the former CEO of Tilray.[7] In 2019, his total compensation from Tilray was $3.48 million, down from $31.82 million in 2018.[8]

According to Bloomberg L.P., as of September 2018, Kennedy has a net worth of at least US$2.4 billion.[6] Tilray stock later collapsed and as of February 2021, Kennedy is worth $238 million.[9]

Personal life

Kennedy has two children, and lives in Seattle.[10] He has said that "probably the hardest thing" about becoming rich was telling his in-laws.[11] He experimented with cannabis before founding Privateer Holdings.

Notes and References

  1. Web site: Peter Thiel rakes in billions with stake in Canadian marijuana company Tilray. 20 September 2018. afr.com. 20 September 2018.
  2. Web site: Parker . Garrett . Brendan Kennedy: The Marijuana Billionaire Who Doesn't Smoke . moneyinc . 26 January 2019 . 8 February 2021.
  3. Web site: From Construction to Cannabis: Alum Brendan Kennedy Leads First Medical Marijuana Company to Go Public . Berkeley . 8 February 2021.
  4. Web site: Brendan Kennedy. Tilray. 20 September 2018.
  5. Web site: Brendan Kennedy . The Marque . 8 February 2021.
  6. Web site: The Pot Rally Just Minted Three New Billionaires . Tom Metcalf, Reade Pickert, and Craig Giammona . 19 September 2018 . www.bloomberg.com . 20 September 2018.
  7. Web site: Canada's Tilray Pops In Milestone U.S. IPO Debut. Iris. Dorbian. forbes.com. 20 September 2018.
  8. News: Kilgore . Tomi . Tilray CEO Brendan Kennedy gets a 35% raise in base pay in 2019, but total compensation tumbles . 8 February 2021 . marketwatch . April 30, 2020.
  9. Web site: Brendan Kennedy Net Worth (2021) – wallmine.com. 2021-02-02. wallmine.com. en.
  10. News: Wieczner . Jen . The marijuana billionaire who doesn't smoke weed . 8 February 2021 . Fortune . January 16, 2019.
  11. News: Rhys Blakely . Rhys Blakely . Brendan Kennedy: from Silicon Valley to legal cannabis billionaire . 8 February 2021 . The Times . October 26, 2019.