Mr. John Textor is a pioneer and developer of revolutionary technologies, creative content, and digital distribution business models for media, entertainment, and the internet who has been acknowledged across the world. Mr. Textor is the former Executive Chairman (and largest shareholder) of fuboTV, Inc. (NYSE: FUBO), an American streaming television service focused primarily on channels that distribute live sports, such as the NFL, MLB, NBA, NHL, MLS, and international soccer, as well as news, network television series, and movies.
Mr. Textor formerly worked at Facebank Group, Inc., a developer of digital human likeness for celebrities and customers, which bought fuboTV, Inc. in April 2020. In August 2020, Facebank Group, Inc. changed its name to fuboTV, Inc. FuboTV went public on the New York Stock Exchange in October 2020, eventually achieving a high market worth of more than $8 billion, making it one of the most successful IPOs of the year.
Crystal Palace sell £87.5m stake to US businessman John Textor
After spending nearly £90 million for his investment in Crystal Palace, John Textor has become the club’s newest investor and director.
Despite having had wanted to buy the club outright, Textor will join fellow American co-owners Josh Harris and David Blitzer, as well as chairman Steve Parish, on Palace’s board of directors.
Textor, who built his money through the hologram business Facebook, which has merged with FuboTV, said, “I have looked at various opportunities across European football in which to invest so that I could follow my passion for football and have a significant ownership in a team.”
“Over the last six months of negotiations, I’ve acquired a true love for Crystal Palace FC, its history, the staff, and, most importantly, the fans, who generate a wonderful environment at every game – one I can’t wait to see again this season when the fans return to Selhurst Park.
I am really excited to collaborate with the chairman and the other partners.”
Textor’s £87.5 million investment for what is considered to be a considerable portion of the club, close to Parish’s 18 percent controlling position, is expected to assist the club decrease debts and reconstruct Selhurst Park, where plans for a new main stand have stalled after years of preparation.
“We’ve been seeking for the right investment for the right investor for a while, both to advance the club and to cope with the tremendous financial issues we’ve faced in the last 18 months as a result of Covid,” Parish explained.
“I’m thrilled that our search led us to John, who has put considerable money into the club, helping to rejuvenate the squad, strengthen the financial sheet, and complete the academy. We’re all excited to work with John, who has a great football enthusiasm as well as a growing understanding and fondness for Crystal Palace.”
Patrick Vieira’s first match as manager since succeeding Roy Hodgson is against Chelsea on Saturday, with former France international having recruited defenders Marc Guéhi and Joachim Andersen for a combined £35 million upfront. After the departures of several regular first-team players, he is thought to still have sufficient finances to make more acquisitions, with another left-back and striker being a priority.
John Textor Age, Date of Birth, Birthday, Family, what about his father, mother, where is he from? Early Life.
His family and other details are not featured yet. He currently resides in the Florida city of Palm Beach.
John Textor Net worth, how much did he earn?
In 2021, John Textor’s net worth is estimated to be at least $250 million dollars. John Textor is an entrepreneur and businessman from the United States. He was the founder and former CEO of FuboTV, a streaming television provider. Similarly, he still retains a 10% stake in the corporation.
FuboTV’s total equity was around $622.948 million USD at the conclusion of the fiscal year 2020. With the advent of streaming services, this number is only going to rise.
John Textor flaunted his fortune by investing £87.5 million in Crystal Palace Football Club.
Only a month ago, the businessman failed to purchase a quarter-share of Benfica. However, he will now join Palace’s board of directors alongside Josh Harris, David Blitzer, and Steve Parish.
Crystal Palace is expected to recover from the financial hardships caused by the COVID-19 outbreak thanks to Textor’s financial assistance in the team.
John Textor Wife, His Relationship, What about Children?
Debbie Textor, John’s wife, is his life partner. The couple has only made a few public appearances. Apart from that, John Textor remains tight-lipped about his children and personal life.
John is more of a hardworking professional. He has devoted his entire career to digital technology investments.
He became well-known as the co-chairman of Digital Domain. During his tenure as CEO, the studio worked on blockbusters such as Transformers, Real Steel, and Pirates of the Caribbean: At World’s End.
Textor was named executive chairman of Pulse Evolution Corporation in 2013. Pulse is credited with being the first company to create hyper-realistic digital beings for holographic live performances.
With his new voyage with Crystal Palace, John has now grown his fortune to international heights.
John Textor Career
Mr. Textor became a co-founder and the largest shareholder of Virtual Bank, one of the country’s first Internet banking startup companies, in May of 2000, in the difficult aftermath of a technology-related stock market crash. Virtual Bank eventually grew into a multi-billion dollar diversified financial services company.
VirtualBank was a forerunner in the development of internet banking technologies and market practices, earning A-list strategic collaborations and co-branded joint ventures like MicrosoftVirtualBank, EMCVirtualBank, WorldcomVirtualBank, and TextronVirtualBank.
The company’s data services sector, which boasts blue-chip clients including Morgan Stanley, Goldman Sachs, and Credit Suisse First Boston, was a big reason for its #23 spot on the Inc. 500 Fastest Growing Companies list. Institutional Investor Magazine named VirtualBank’s private wealth business (Lydian Wealth Management)
“Advisory Firm of the Year” in 2004, owing in part to its technological innovation.
Mr. Textor also served as Chairman and CEO of BabyUniverse, Inc., a prominent e-tailer of baby-related products, which he saved from bankruptcy with a $300,000 investment in 2001, raising yearly revenues from $1 million to $40 million, and eventually selling for $90 million in October 2007.
He was also the Chairman of the Board and sole owner of Sims Snowboards, the world’s second-largest snowboard company, and Westbeach, a leading Canadian snowboard apparel company. He teamed with Westbeach creator (and Lululemon Athletica founder) Chip Wilson to launch the first acknowledged and widely televised World Snowboarding Championship, adding to his history in the winter sports business.
Mr. Textor is a Middletown, Connecticut native who attended Wesleyan University.
Where he attended his High school and University? What was his major?
He did, however, attend Wesleyan University in Connecticut from 1983 to 1987. John also completed his bachelor’s degree in economics.
His Social Media Reach
John Textor has about 9952 followers on Twitter, which indicates that he has a solid social media follower. He has joined Twitter in May 2015. His Followers can follow him on Twitter.
He has only followed 60 celebrities on Twitter. Moreover, he has 1072 followers on Instagram with 598 posts. On Instagram, he has followed 198 Media Personnel. His Followers can follow him on Instagram.
By looking into his social media mostly he uses and always wants to interact with his fans. All the fans also admire him very closely and love him a lot.
John Textor FAQ’s
Mr. Textor is a pioneer and developer of revolutionary technologies, creative content, and digital distribution business models for media, entertainment, and the internet who has been acknowledged across the world.
According to the sources his current age is 55 years old in 2021.
John Textor is married to his wife Debbie Textor.
He is a developer of revolutionary technologies.
John Textor’s Body Appearance Height, Weight
Interesting facts about John Textor’s which you should know
|Zodiac Sign||Not Available|
|Net Worth||$250 Million|
|Single/ In a relationship||Married|
|Current Girlfriend/ Spouse||Debbie Textor|