Frank H. McCourt, Jr.
Chairman and Chief Executive Officer
Frank H. McCourt, Jr., is an American entrepreneur and philanthropist with a family legacy in real estate and construction dating from 1893. He is owner of the?French football club Olympique de Marseille and CEO and Chairman of McCourt, a leading firm in real estate, sports, technology, and social impact investments.
The 2016 acquisition of Olympique de Marseille began the newest chapter of McCourt’s sports ventures. The storied club and legendary spirit of Marseille, embodied in OM’s fans, made McCourt’s stewardship both a humbling responsibility and exciting investment. OM played its first Europa League final in 14 years after only a year under McCourt’s ownership and returned to the sport’s biggest stage, the UEFA Champions League, in 2020.
In 2013, McCourt took a 50% interest in the Global Champions Tour, an international show jumping series across Europe, Asia, North America, and the Middle East. McCourt’s leadership built a world-class brand and brought to fruition his vision for the world’s premier competitive show jumping circuit, the Global Champions League. McCourt sold his stake in early 2020.
McCourt acquired the operating rights to the Los Angeles Marathon in 2008 and led the turnaround of the organization, creating the internationally acclaimed Stadium to the Sea course. The Los Angeles Marathon was joined with the McCourt Foundation in 2019 to better leverage the reach of both organizations for greater impact.
He purchased the L.A. Dodgers in 2004 and guided the team to back-to-back National League Championship Series for the first time in 33 years. In 2012, McCourt sold the team for over $2 billion – the largest sale of a professional sports franchise in history.
McCourt’s firm has built an impressive portfolio of real estate holdings and development projects, including residential and commercial properties in Miami, New York City, London, and Los Angeles. His firm also manages MGG Investment Group, a specialty finance business, as well as McCourt Partners, a private investment platform with over $1 billion in permanent capital.
Outside of business, McCourt is a committed supporter of social impact. In 2013, he endowed $100 million to the McCourt School of Public Policy at Georgetown University. He is also a major benefactor and board member of The Shed, the innovative cultural center in Manhattan’s Hudson Yards. Furthermore, he believes in elevating communities in which he does business, exemplified by the OM Foundation in Marseille, which leads several initiatives across the city.
McCourt graduated from Georgetown University in 1975 with a degree in economics and has served on its Board of Directors for many years. He and his wife, Monica McCourt, reside in Florida with their children Luciana Hayes McCourt and Brodie Enrique McCourt. Frank is also the father of four boys – Drew, Travis, Casey, and Gavin.