Early Life and Education
Jonathan Nelson lives in an unremarkable two-storey house in Providence, Rhode Island. Born in 1956, Nelson studied economics at Brown University and business at Harvard. He serves on Brown’s board.
Career and Net Worth
He founded Providence Equity Partners, a global private equity firm managing over $40 billion. Nelson’s estimated 2022 net worth is $2.2 billion.
Philanthropy and Achievements
He helps fund a fitness center at Brown. Ranking first in U.S. education, Rhode Island relies on higher education. With 6.22% millionaire households, the state ranks 16th per capita. A billionaire, Nelson saw his fortune grow from $2 billion in 2021. He admits mistakes, losing $800 million when Altegrity filed bankruptcy.
Economic Overview of Rhode Island
- Median income: $63,296
- Poverty rate: 12.9% live below the poverty line.