Richard Schaefer is a Swiss

professional boxing Professional boxing, or prizefighting, is regulated, sanctioned boxing. Professional boxing bouts are fought for a purse that is divided between the boxers as determined by contract. Most professional bouts are supervised by a regulatory autho ...

promoter. He was the former CEO of

Golden Boy Promotions Golden Boy Promotions, Inc. is an American boxing promotional firm based in Los Angeles, California. The company was established in 2002 by eight-time world champion (in six divisions) Oscar De La Hoya, borrowing his nickname "Golden Boy." His ...

, which he left in 2014. Richard Schaefer

In 2016 he founded his own boxing promotional company Ringstar Sports.

Biography

Schaefer grew up in Switzerland. He is a Swiss national who began his career in 1983 at Swiss Volksbank (now

Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...

). Upon graduation from the Swiss Banking School, a division of the

Swiss Finance Institute The Swiss Finance Institute (SFI) is a national center for research, doctoral training, knowledge exchange, and continuing education in the fields of banking and finance. Created in 2006 as a public–private partnership, SFI is a common initiativ ...

, he became manager of the Swiss Bank office in Los Angeles in 1994. Two years later, Swiss Bank took over UBS (the largest bank in Switzerland). The surviving entity was UBS. Schaefer was placed in charge of operations for the western United States. In 1997, he was named deputy CEO of all UBS private banking operations in the United States. At the time, UBS oversaw two trillion dollars in assets with private banking at the core. He stunned his wife and three kids and gave up banking in 2000 to join Oscar De La Hoya's fledgling business organization, to help the young boxer "build up a business empire." Schaefer first focused on the business of managing fighters, but soon switched tracks to the more lucrative event promotion business, lining up deals for the several major boxing matches for the past 15 years. More recently, Schaefer has branched out into real estate. Schaefer has other links to

Hispanic culture The term ''Hispanic'' ( es, hispano) refers to people, Spanish culture, cultures, or countries related to Spain, the Spanish language, or Hispanidad. The term commonly applies to countries with a cultural and historical link to Spain and to Vic ...

as well: His wife is from

Mexico Mexico (Spanish language, Spanish: México), officially the United Mexican States, is a List of sovereign states, country in the southern portion of North America. It is borders of Mexico, bordered to the north by the United States; to the so ...

. In 2016, Schaefer founded his own boxing promotional company called Ringstar Sports. Schaefer announced the World Boxing Super Series in March 2017.World Boxing Super Series to offer $50 million in prize money
- Dan Rafael, ESPN, 10 March 2017

References

External links

Golden Boy PromotionsBoxrec Promoting Record
{{DEFAULTSORT:Schaefer, Richard Living people American boxing promoters Swiss businesspeople Year of birth missing (living people)