Ross Levinsohn is a successful businessman, non-profit executive, and investor. His drive and ambition have led him to be ranked among Fortune’s top 40 under 40. He is also the Executive Vice President of Yahoo’s Global Media Group. If that doesn’t already enthralled you, get this – he just bought Newsweek from IAC. As sports Illustrated CEO

Ross Levinsohn is an avid sports fan, and he’s been known to take things to extremes and make some questionable statements about trading in general. He has also been criticized for his strange business philosophy and ” shark-like ” market tactics. Sports Illustrated CEO Ross has made it his goal to make Newsweek the new “Worldwide Leader in Sports Media,” not a slacker with a rather pathetic title. He’s been working for years to turn the struggling magazine into a genuine global brand, and he’s done just that.

In 2004, he was Vice Chairman of the Board at US Search Alliance Inc. He was also appointed to be a director at Nike Inc. In March 2006, he was appointed to serve as a director of Yahoo! Inc.

CNBC reported that Ross Levinsohn was hired in 2004 by Global Crossing Ltd., a communications company that was subsequently sold at a profit; Global Crossing had been one of Levinsohn’s clients when he ran US Search Alliance Inc. He joined IAC in February 2005 and was Senior Vice President of Strategy and Business Development at Scout.com, which is owned by IAC; he also helped run West Coast operations for Time Warner Cable after acquiring part of the cable company Adelphia Communications.

Ross Levinsohn was appointed sports Illustrated CEO in January 2005 and officially assumed his position on 2 March 2005.

Ross Levinsohn is an avid sports fan, and he loves to trade, hence his nickname. After deciding to sell the magazine, he bought a 50% stake in Newsweek for $90M. He currently owns 25% of the company, which with revenue of $300M, puts him as one of the most significant shareholders in the company. As sports Illustrated CEO, Ross has made it his goal to make Newsweek the new “Worldwide Leader in Sports Media.”