Skechers Owner: Who Really Owns Skechers in 2026?

The Skechers owner is 3G Capital, a private investment firm that took the company private in September 2025. Robert and Michael Greenberg, who founded Skechers, still run it day to day. Ownership and leadership changed differently here, and that's worth separating out.

Current Skechers Owner: 3G Capital

3G Capital is the entity that now legally owns Skechers. It didn't buy the company to fold it into something else or rename it. It bought a controlling stake and took the business private, meaning the shares no longer trade on a public stock exchange.

Organizations that go through this kind of ownership shift commonly keep their original branding and staff structure intact, and that's exactly what happened here.

3G Capital as the New Skechers Owner

3G Capital was founded in 2004. It's led by Alex Behring and Daniel Schwartz, and its typical approach involves acquiring established consumer businesses while keeping existing management in place rather than replacing it. In practice, this usually means the acquiring firm sets financial direction while daily operations stay with people who already know the business.

Robert and Michael Greenberg's Role After the Sale

Here's the part people usually miss: ownership changed, but leadership didn't. Robert Greenberg continues as CEO. Michael Greenberg continues as President. The people running Skechers today are the same people who built it, which isn't always how these deals go.

How the Skechers Ownership Change Happened

Deal Timeline

The acquisition was announced on May 5, 2025, at a deal value of roughly $9.4 billion, according to Bloomberg. It closed a little over four months later, on September 12, 2025. That gap is fairly typical for a deal this size, since regulatory approval and shareholder logistics take time to work through, and teams handling deals like this generally build in that buffer from the start.

What Shareholders Received

Public shareholders had a choice. They could exchange each share for $57 in cash plus one share in the new private parent company, or cash out entirely at $63 per share. One option kept a stake in the newly private business, the other didn't.

The Greenberg Family's Stake in Skechers

Ownership Percentage at Sale

At the time of the deal, the Greenberg family held about 12% of Skechers, mostly through family trusts. That stake translated into roughly $1 billion in cash and around $100 million in equity in the new private entity, according to Forbes. In deals structured this way, a partial buyout combined with a large payout is a common pattern rather than an unusual one.

Family Trusts and Executives

Some of Robert Greenberg's other children are named beneficiaries of the family trusts that held the shares, and a few hold executive or non-executive roles at the company. This detail rarely shows up in general summaries, but it explains why "the Greenbergs" refers to more than Robert and Michael alone.

Skechers Ownership at a Glance

The table below summarizes the confirmed facts from the sections above, since none of the publicly available sources on this topic present the information in a single reference format.

Who Founded Skechers (Brief Background)

Founding and IPO

Skechers was founded in 1992 in Manhattan Beach, California, by Robert Greenberg and his son Michael. Robert had previously built and lost control of L.A. Gear, a different footwear company, and Skechers grew out of that experience.

The company went public in 1999 and stayed publicly traded for over two decades, right up until the 2025 acquisition changed that. Founder-led companies that eventually sell to private investment firms often keep the founding family involved in some capacity, and that pattern held true here as well.

What Changes for Skechers Going Forward

Company Structure

Skechers now operates as part of a private parent company controlled by 3G Capital, rather than as an independent public company reporting to shareholders every quarter. Teams inside organizations that go through this kind of shift commonly report that public reporting requirements loosen up, even when the operating business itself barely changes.

What Stays the Same for Customers

For anyone buying shoes, not much changes here. Products, retail stores, and the website continue operating as before, based on the company's own public statements at the time the deal closed. The ownership shift is a financial and structural change, not a rebrand.

Conclusion

3G Capital owns Skechers as of 2026. Robert and Michael Greenberg still lead the company and retain a partial stake through the new private structure. No further ownership changes have been publicly confirmed.

Frequently Asked Questions

Is Skechers still a publicly traded company?

No. Skechers was delisted from the NYSE when 3G Capital completed its acquisition on September 12, 2025. The company is now privately held.

Does the Greenberg family still own part of Skechers?

Yes, through equity in the new private parent company, though their overall ownership share dropped from the roughly 12% they held before the sale.

Who is the CEO of Skechers now?

Robert Greenberg remains CEO. Michael Greenberg remains President. Both continued in their roles after the ownership change took effect.

What is 3G Capital known for?

3G Capital is a private investment firm founded in 2004, led by Alex Behring and Daniel Schwartz, known for acquiring established consumer brands and retaining existing management teams.

When did 3G Capital's acquisition of Skechers close?

The deal was announced May 5, 2025, and completed on September 12, 2025, at which point Skechers shares stopped trading publicly.