Jamie Salter (born 1962/1963) is a Canadian billionaire businessman. He is the founder, chairman and CEO of

Authentic Brands Group Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, for which it partners with other companies to license and merchand ...

, an American brand development and licensing company in New York City. Prior to his time at Authentic Brands Group, he was the CEO of Hilco Consumer Capital.

Early life

Salter is a native of

Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

. Salter attended high school in California and then studied business at

Long Beach State University California State University, Long Beach (CSULB) is a public research university in Long Beach, California. The 322-acre campus is the second largest of the 23-school California State University system (CSU) and one of the largest universities i ...

, before transferring to

Carleton University Carleton University is an English-language public research university in Ottawa, Ontario, Canada. Founded in 1942 as Carleton College, the institution originally operated as a private, non-denominational evening college to serve returning World ...

in Ottawa, Canada.

Career

He began his career marketing sporting goods in the 1980s. In 1992, he co-founded the snowboard manufacturer Ride Inc. which became publicly traded on the

Nasdaq The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

in 1994. Salter stepped down as the company CEO in 1996. Salter worked with several other sporting good ventures 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. The company acquires rights to brand names and owns the rights to dead celebrities such as Marilyn Monroe, Michael Jackson, Muhammad Ali and Elvis Presley. Within six years, he grew it into a $1.5 billion company and earned a reputation as a brand expert. 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 ABG. His son, Corey Salter is the chief operating officer. He lives in a luxury condo building in the Chelsea district of New York City, and has a holiday home in Muskoka, Ontario.

References

Living people Canadian businesspeople Year of birth missing (living people) Canadian billionaires 1960s births {{Canada-business-bio-stub