Theodore J. Forstmann

Theodore J. Forstmann

Businessman and Investor
Born Feb 13, 1940

Theodore Joseph "Ted" Forstmann was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. A member of the Republican Party, Forstman was a philanthropist. He supported school choice and funded scholarship programs for the disadvantaged.… Read More

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News + Updates

Browse recent news and stories about Theodore J. Forstmann.

  • Nyc Spring Art Auctions Abound In Records
    Lex 18 - May 12, 2012
  • 'the Scream' Wasn't The Only Work Of Art That Fetched A Big Price At Sotheby's Last Night
    Business Insider - May 03, 2012
  • Intervention Mentality And The Spectacle Of Joseph Kony
    Dissident Voice - Apr 14, 2012
  • Theodore J. Forstmann, A Takeover Pioneer, Dies At 71
    NYTimes - Nov 21, 2011


Learn about the memorable moments in the evolution of Theodore J. Forstmann.


1940 Birth Born on February 13, 1940.


1958 18 Years Old Forstmann was born and raised in Greenwich, Connecticut, the second of six children. He was the son of Dorothy (née Mercadante) and Julius Forstmann, who ran a wool business that went bankrupt in 1958. … Read More


1978 38 Years Old Forstmann, an attorney, founded Forstmann Little in 1978 with his younger brother Nicholas, and Brian Little. … Read More


1994 54 Years Old …  From 1994–1995, Forstmann was involved with Princess Diana.
1995 55 Years Old In 1995 Forstmann was given the "Patron of the Arts Award" by the National Academy of Popular Music at the Songwriters Hall of Fame induction ceremonies.
1998 58 Years Old Forstmann dedicated significant personal resources to the cause of education reform. He was a prominent supporter of school choice. In 1998 he and friend John T. Walton established the Children's Scholarship Fund to provide tuition assistance for low-income families wanting to send their children to private school.
1999 59 Years Old Between 1999 and 2000, Forstmann was rumored to be dating Tracy Richman and Elizabeth Hurley.


2001 61 Years Old Forstmann argued that the excess of money pumped into the economy after the September 11 attacks in 2001 distorted the decision-making abilities of nearly everyone in finance. … Read More
2006 66 Years Old In December 2006, newspaper reports on the inquiry into the death of Diana, Princess of Wales alleged that U.S. intelligence agencies had bugged Forstmann's phone or plane and monitored his relationship with Diana. … Read More
2008 68 Years Old 1 More Event
Forstmann accurately predicted the worsening of the credit crisis in July 2008, when most pundits believed the crisis had reached its peak.
2009 69 Years Old Finally, from 2009 until his death, Forstmann was known to be dating Padma Lakshmi, the 42 year old Indian-American host and judge of Top Chef. … Read More
In February 2011, Forstmann became a signatory of The Giving Pledge.
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