Richard Schaefer Net Worth is
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Richard Schaefer is the former CEO of Golden Boy Promotions, a professional boxing promotion company based in Los Angeles.
Schaefer grew up in Switzerland. He is a Swiss national who began his career in 1983 at Swiss Volksbank (now Credit Suisse). Upon graduation from the Swiss Banking School, a division of the Swiss Finance Institute. In 1994, Schaefer became manager of the Swiss Bank office in Los Angeles. 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 family 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 boxing matches for Latino television audiences. More recently, Schaefer and De La Hoya have branched out into real estate, most prominently with a $70 million acquisition and redevelopment of a Sears site in Boyle Heights. Schaefer has other links to Hispanic culture as well: His wife is from Mexico.
==References==On June 3rd, 2014, Richard ubruptly left the Golden Boy company.

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Richard Schaefer Latest News

Bob Arum on Cotto’s legacy: Great fighter, not a great businessman

As a free agent, he decided to go his own way, and worked with Golden Boy, Oscar De La Hoya and Richard Schaefer, for that PPV mashup with Mayweather (May 2012). He then employed Miguel Cotto Promotions, and Bob isn’t wrong, the choice-making in taking ...
Posted: December 6, 2017, 7:08 am

Boxing promoter Richard Schaefer steps aside as head of Golden Boy

Richard Schaefer, CEO of Golden Boy Promotions, is stepping down After weeks of tension between Oscar De La Hoya and the chief executive of his boxing promotion company, Golden Boy Promotions, Richard Schaefer announced Monday he is leaving the company.
Posted: June 2, 2014, 6:22 pm

Faith Lutheran Church sponsors Christmas 4 Kids

Seen here in the picture during story hour, are the teacher, Mrs. Carol Siedler, and her two assistants from Shoreland High School, Richard Schaefer, and McKenzie McIntyre. 68 children ranging from pre-school through 4th grade attended the 4 hour program ...
Posted: December 6, 2017, 7:09 am
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