Success didn’t come easy for Ryan Kavanaugh. Like other people in business, he too had his struggles. But his success story is one of the most inspirational ones that you can find out there. So if you are interested to know how Ryan Kavanaugh became a movie mogul, and what his accomplishments are, then you are going to find out in this article.
Life After College
Right after attending UCLA, Kavanaugh founded a small venture capital firm. It helped him grow not only professionally, but also personally. This small business struggled at first because of the 9/11 attacks. Hollywood A-listers backed this small business. So slowly, his company survived.
Entering The Film Industry
Ryan Kavanaugh always had a dream to venture out into this industry, not to become a celebrity actor, but to be the one behind the success of films. After his experiences in the venture capital world, he decided to enter the film industry. And this is when he founded Relativity Media. The goal of this company is to step away from the traditional Hollywood methods of connecting the movie projects to financing, to a more practical approach.
With this vision, Ryan Kavanaugh created “the model.” By using a computer and algorithm, Relativity can predict the odds of success of a movie. Because of this model, Relativity produced over 200 films. The company generated over 17 billion dollars from worldwide box office revenue. These movies helped Ryan Kavanaugh receive more than 60 Oscar Nominations.
At this point in his life, Kavanaugh managed to build a name for himself in the movie industry. He became well known as a smart investor. Huge companies wanted to work with him. Some of the biggest names were Sony, Warner Brothers, and Universal.
Awards and Achievements
Even though Ryan Kavanaugh prefers to work behind the scenes, it cannot be avoided that his presence in the headlines is much-requested. To date, one of the most significant achievements for him was when he won the Producer of the Year – 2009 Annual Hollywood Awards Gala. He also won the 2010 Leadership Award for Hollywood Reporter. Another achievement was given in 2010 when he was one of Forbes 40 Under 40 Most Influential People in Business. Other than that, he also became 2011’s Variety’s Showman of the Year. Hollywood Reporter also dubbed him as the First Billionaire Dollar Producer.
Ryan Kavanaugh and his Charities
Aside from his career, Kavanaugh also has charities that he supports. Some of the most prominent ones are the Sheriff’s Youth Foundation, The Art of Elysium, as well as the Anti-Defamation League. He was also a Member of the Board at Cedar Sinai. Through the years, he raised over $100 million for these charities that he supports.
For a businessman who has been through a lot, he admits that his experiences taught him lessons that anyone can learn the hard way. Through these achievements, he also had his roadblocks in life. And this made him the Ryan Kavanaugh that many people look up to.