Randy Lerner
Randolph David "Randy" Lerner (born February 21, 1962) is an American entrepreneur and sports team owner. He was the majority owner of the American football team, the Cleveland Browns, of the National Football League upon the death of his father Alfred "Al" Lerner in October 2002, until August 2012, and was the chairman of Aston Villa Football Club of the Premier League from 2006 to 2016. His personal fortune was estimated at GBP over 1.1 billion.
Biography
Early life
Lerner graduated from Columbia University in 1984, spending 1983 at Clare College in Cambridge, England. He graduated from Columbia Law School and is a member of the New York and District of Columbia Bar Associations. Prior to entering the business world, he worked as a lawyer in New York City.
Business history
Lerner's business career began at the Progressive Corporation as an investment analyst. In 1991, he started an independent investment firm with Progressive capital called Securities Advisors, Inc. (SAI), which he owned and managed until 2001. SAI initially specialized in arbitrage before shifting its focus to equity investing.
