Bernd Bergmair Explained

Bernd Bergmair
Birth Place:Linz, Austria
Education:Johannes Kepler University Linz
Occupation:Businessman
Known For:Former majority owner of Pornhub and MindGeek
Spouse:Priscila Bergmair
Children:3

Bernd Bergmair (also spelled Bernard Bergemar, born 1968 in Linz[1]) is an Austrian businessman. He was previously a majority owner of privately held MindGeek, the Luxembourg-based media conglomerate behind popular porn sites such as Pornhub.[2] [3] [4] [5] [6] [7]

Early life

He grew up as the son of farmers in Ansfelden, attended grammar school in Linz and transferred to HLBLA St. Floria.[8] He then studied at the University of Linz, graduating in 1992 with a thesis on a topic related to corporate acquisition: Evaluation of corporations and financing strategies in connection with M & A, LBO and MBO.[9] He worked for Goldman Sachs in New York City. In 2006 he became the owner of the porn website RedTube and in 2013 he sold the site to Manwin, now known as Alyo.[10]

MindGeek

In December 2020, the Financial Times published a report on MindGeek's ownership, revealing that Bergmair or "Bernard Bergemar" as he had used in court documents was the company's majority owner. The Financial Times report prompted a parliamentary inquiry into Pornhub's practices in Canada, in which MindGeek directors and minority owners David Tassillo and Feras Antoon named a "Bernard Bergemar" as the principal owner. He owned more than half of the shares, but was a passive investor and not involved in the day-to-day business. British research platform Tortoise Media and Austrian magazine Dossier cooperated on an investigation.[11] [12] [13]

Company records showed Bergemar lived in China, but was found to be actually living in a mansion in London after the investigation by Tortoise Media.[14] [15] Soon after, his Brazilian wife Priscila Bergmair told The Sunday Times that she wanted her husband to cut ties with the company.[16] [17] In March 2023, Ethical Capital Partners purchased MindGeek, later renaming the media company to Aylo.[18]

Notes and References

  1. Joe Castaldo: Lifting the veil of secrecy on MindGeek's online pornography empire. In: The Globe and Mail, 4. Februar 2021.
  2. Web site: Akhtar. Allana. Pornhub is owned by a mysterious businessman through a 'complex network of subsidiaries' that have kept his identity a secret until now, according to a new report. 2021-07-17. Business Insider. en-US.
  3. Web site: Pornhub is owned by a mysterious businessman through a 'complex network of subsidiaries' that have kept his identity a secret until now, according to a new report. 2021-07-17. news.yahoo.com. 17 December 2020 . en-US.
  4. News: MindGeek: the secretive owner of Pornhub and RedTube. live. 2021-07-17. Financial Times. 17 December 2020 . https://web.archive.org/web/20201217050150/https://www.ft.com/content/b50dc0a4-54a3-4ef6-88e0-3187511a67a2 . 2020-12-17 .
  5. Web site: Manskar. Noah. 2020-12-17. This shadowy businessman is reportedly behind Pornhub parent MindGeek. 2021-07-17. New York Post. en-US.
  6. News: Lifting the veil of secrecy on MindGeek's online pornography empire. 2021-07-17.
  7. Web site: Ong. Danielle. 2020-12-17. Who Is The Real Bernard Bergemar? Pornhub's Owner Has No Traces Online. 2021-07-17. International Business Times.
  8. Web site: DOSSIER · Auf der Spur des Pornhub-Phantoms. 2021-07-17. www.dossier.at. de.
  9. Web site: Evaluation of corporations and financing strategies in connection with M & A, LBO and MBO. en.
  10. Web site: Roth . Emma . 2023-08-18 . Pornhub's parent company is changing its name to total nonsense . 2024-08-29 . The Verge . en.
  11. Web site: Pornhub-Drahtzieher soll angeblich Österreicher sein. 2021-07-17. DER STANDARD. de-AT.
  12. Web site: Mostrous. Alexi. Greenwood. Xavier. Clarke. Patricia. Hunt for the porn king. 2021-07-17. Tortoise. en-GB.
  13. Web site: Rechercheplattform "Dossier" kämpft ums Überleben. 2021-07-17. DER STANDARD. de-AT.
  14. News: Mysterious owner of Pornhub found living in London. 2021-07-17.
  15. Web site: Mostrous. Alexi. Greenwood. Xavier. Clarke. Patricia. 2021-05-21. Hunt for the porn king: the secretive owner of Pornhub revealed. 2021-07-17. Tortoise. en-GB.
  16. Web site: Garger. Kenneth. 2021-05-24. Pornhub tycoon's wife wants him to cut ties with the company. 2021-07-17. New York Post. en-US.
  17. News: Johnstone. Shanti Das Alastair. Think of the children, pleads wife of Pornhub tycoon Bernd Bergmair. The Times. en. 2021-07-17. 0140-0460.
  18. Web site: Mathews . Eva . March 16, 2023 . Pornhub owner MindGeek sold to Canada's Ethical Capital . August 28, 2024 . Reuters.

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