David Schulhof, MUSC ETF CEO: Fortt Knox Innovation Lab

David Schulhof, who sold EverGreen to KKR, launched MUSQ on NYSE as the first pure-play music ETF; it bundles UMG, Warner, Sony, Spotify and Live Nation. Public music equities trade at 10-15x EBITDA versus 20-25x private, he argues, citing Ackman's $64B UMG bid and Concord-BMG's $15B fourth-major deal. At his Amplify Music Investment Summit, he said he wants Congress to extend Tennessee's ELVIS Act to stop Suno, OpenAI and Grok cloning Drake or The Weeknd.