Andrew Fox (businessman)

Andrew Fox
Born New York City
Residence New York City
Nationality American
Alma mater Adelphi University & NYU
Occupation CEO of Track Entertainment

Andrew Fox is the founder of Track Entertainment and Track.Net.[1][2][3][4] He is the founder and chairman of Clubplanet, an online nightlife resource.[1][5][6] Additionally, Fox is the founder of 3-G Communications, a cellular tower leasing and financing firm, and Way Communications a communication firm based in New York City.[1][7] He is the director of the New York City chapter of ChairScholars Foundation, a member of the executive committee of the Young Presidents Organization and co-founder of YJP.org.

Early life and education

Fox was born in New York City and raised in Tampa, Florida.[1][7] He attended Adelphi University and NYU and earned a degree in accounting.

Career

Early career

After graduating from Adelphi University, Fox founded Clubplanet, an online nightlife resource, as a message board and online directory of New York City’s nightclubs.[7][8] At the time, he worked as an analyst for Sanford Bernstein, an investment bank.[8] In 1997, Fox quit his job at Sanford Bernstein after realizing he wanted to try something more creative.

1997-present

Fox began expanding Clubplanet by creating a guest list service and having clubs such as The Limelight and Tunnel advertise on the website.[8] The website expanded to Miami, Florida in 1997.[1] By 1998 and 1999 it had expanded to Los Angeles, California and Chicago, Illinois.[1] Along the way Clubplanet transformed and became known as Track Entertainment and bought and merged Angel Music Group, Wantickets, Global Gathering, NewYears.com, Fear Less TV and TMG. The business transitioned from a website to events, television and ecommerce.[7] By 2002, Fox was transitioning Track Entertainment from a club website to a company worth more than $50 million.[7] That year, the company hosted over 1,500 live events.[4][8] In 2006, Crain's New York Business selected Fox as one of its 40 under 40 honorees.[8]

In 2008, Fox contacted Cerebrus, a private equity fund and Maxim’s majority stake holder, with a plan to save the magazine and offered $40 million for the brand in November 2009.[3][9] In June 2011, Fox founded Spreadsave, a social shopping website.[10] He serves on Spreadsave’s board.[10] In December 2011, the New York Post named Fox King of New York.[5]

Philanthropy

Since 1999 Fox has been the director of the New York City chapter of ChairScholars Foundation, a scholarship fund that helps physically challenged children attend college.[11] In October 2009, Fox was named New Yorker of the week for his role in ChairScholars.[12]

References

  1. 1 2 3 4 5 6 "Built To Enjoy: Andrew Fox's 100% Owned $30M ClubPlanet". July 14, 2010. Retrieved May 14, 2015.
  2. ↑ "INSTANT MBA: There's A Couple Of Things You Need To Do Before Selling Your Business". June 6, 2012. Retrieved May 14, 2015.
  3. 1 2 "Mogul tells Maxim: Sell or die". November 30, 2009. Retrieved May 14, 2015.
  4. 1 2 "Nightcrawler". December 12, 2005. Retrieved May 14, 2015.
  5. 1 2 "The king of Times Square". December 30, 2011. Retrieved May 14, 2015.
  6. ↑ "Nightclubbing". December 11, 2005. Retrieved May 14, 2015.
  7. 1 2 3 4 5 "The Multi-Millionaire Clubber Who Turned His Party Days Into Pay Days". June 29, 2012. Retrieved May 14, 2015.
  8. 1 2 3 4 5 "Andrew Fox, 33". October 12, 2012. Retrieved May 14, 2015.
  9. ↑ "Exec Wants To Save Maxim, But Will His Plan Work?". November 30, 2009. Retrieved May 14, 2015.
  10. 1 2 "Nightclub entrepreneur moves into daily deals". August 29, 2012. Retrieved May 14, 2015.
  11. ↑ "Track Entertainment's Andrew Fox on ChairScholars". October 13, 2009. Retrieved May 14, 2015.
  12. ↑ "Starr report". October 16, 2009. Retrieved May 14, 2015.
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