Frank McCourt
American businessman
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2024 | Announced plans to build a consortium to potentially buy TikTok. |
2023 | McCourt Partners submitted development plans to the City of Los Angeles for multiple apartment complexes in the Chinatown neighborhood near Dodger Stadium. |
2023 | Transitioned from CEO to executive chairman of McCourt Global, with Shéhérazade Semsar de Boisséson appointed as the new CEO. |
2022 | Appointed Martina Larkin as the first CEO of Project Liberty. |
2022 | McCourt's Project Liberty provided funding to Frances Haugen's nonprofit Beyond the Screen, supporting a 'Duty of Care' initiative to study and deter digital harms. |
2022 | McCourt announced $2.3 million in funding to Georgetown and Sciences Po faculty to support digital governance scholarship, resulting in grants for 28 researchers and 17 projects. |
September 2022 | MeWe became the first social media platform to pledge support for the Decentralized Social Networking Protocol (DSNP) by committing to migrate its platform to the protocol. |
September 22 2022 | Began the third annual Unfinished Live event in New York City, featuring another 'Project Liberty Experience' immersive installation by artist Refik Anadol. |
September 21 2022 | Hosted a 'Day Zero' event for the third annual Unfinished Live, which included a Student Assembly with 30 participants from Sciences Po and Georgetown University, selected from over 550 applicants. |
April 2022 | Unfinished Camp took place in Venice as part of Project Liberty initiatives. |
March 2022 | Jan Tops acquired McCourt's share of the Global Champions Tour, returning to sole ownership. McCourt franchised the Miami Celtics show jumping team for the spring season. |
March 2022 | The McCourt Institute building was unveiled at Sciences Po during the university's 150th anniversary celebration. |
2021 | McCourt publicly opposed the proposed European Super League, writing an op-ed in Le Monde criticizing the centralization of power in football and technology. |
September 23 2021 | Hosted the second annual Unfinished Live event in-person in New York City, with the theme 'The Future is Decentralized' at The Shed, a cultural center McCourt previously donated $45 million to. |
June 2021 | Frank McCourt announced the creation of the McCourt Institute as a new branch of Unfinished, partnering with Georgetown University and Sciences Po. |
March 2021 | Made a second $100 million gift to Georgetown University to support diversity and accessibility at the McCourt School of Public Policy. |
2020 | Frank McCourt founded Unfinished and its technology research and development arm, Amplica Labs (formerly Unfinished Labs). The organization introduced the open-source Decentralized Social Networking Protocol (DSNP) as its first major project. |
2020 | Frank McCourt launched the first initiative of the Unfinished Network, Unfinished Live, a four-episode digital event series. |
2019 | McCourt donated the Los Angeles Marathon and Conqur Endurance to The McCourt Foundation, a philanthropic organization run by his cousin Brian McCourt, with the goal of promoting healthier communities through endurance sport events. |
2017 | Frank and Monica McCourt founded the Miami Celtics, a professional show jumping team competing in international equestrian events. |
January 2017 | McCourt oversaw the first transfer window of his ownership, purchasing players Dimitri Payet, Patrice Evra, Morgan Sanson, and Grégory Sertic for around €45 million. |
October 20 2016 | Rudi Garcia was officially appointed as the new coach of Olympique de Marseille. |
October 17 2016 | McCourt completed the purchase of Olympique de Marseille for approximately €50 million, pledging to invest €200 million in the club over the next four years. |
August 29 2016 | Frank McCourt entered exclusive negotiations to purchase Olympique de Marseille from Margarita Louis-Dreyfus. |
2015 | Frank McCourt married Monica Algarra, marking a new personal milestone in his life. |
2014 | Frank McCourt purchased a 50% stake in the Global Champions Tour, entering the international show jumping competition organization as a significant investor. |
2013 | Donated $100 million to establish the McCourt School of Public Policy at Georgetown University. |
May 1 2012 | The sale of the Dodgers to the new ownership group was officially closed, ending McCourt's ownership of the team. |
March 27 2012 | McCourt agreed to sell the Dodgers to a group led by Magic Johnson and Guggenheim Partners for a record $2 billion, the highest price ever for a professional sports team. |
October 17 2011 | The McCourts finalized their divorce settlement, with Jamie receiving approximately $130 million and relinquishing her claim on the Dodgers, concluding what is considered the costliest divorce in California history. |
June 27 2011 | The Los Angeles Dodgers filed for Chapter 11 Bankruptcy protection under McCourt's ownership. |
June 20 2011 | Major League Baseball rejected the proposed television deal, causing the settlement agreement to fall apart. |
June 17 2011 | The McCourts reached a divorce settlement contingent on Major League Baseball approving a 17-year television contract, with a potential one-day ownership trial scheduled for August 4. |
April 2011 | MLB Commissioner Bud Selig announced an investigation into McCourt's management of the Dodgers and appointed a representative to oversee the team's daily operations, effectively seizing control due to financial concerns. |
2010 | California Attorney General Jerry Brown launched an investigation into the Dodgers' Dream Foundation, revealing that the charity's CEO Howard Sunkin earned nearly $400,000 annually, which was almost 25% of the foundation's total budget. McCourt was personally required to repay $100,000 to resolve the investigation. |
2010 | The Los Angeles Marathon drew the largest field in the race's history under McCourt's ownership, demonstrating the success of his route modifications. |
2010 | Forbes estimated the team's value at $727 million. |
December 7 2010 | A judge invalidated the post-nuptial marital property agreement that Frank McCourt had claimed provided him with sole ownership of the Dodgers. |
This contents of the box above is based on material from the Wikipedia article Frank McCourt (executive), which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.