Executives & Business Owners

Alex Gidewon Net Worth 2026: Atlanta Nightclub Owner, Compound

No reputable outlet has published a net worth figure for Alex Gidewon. He ran Atlanta's Compound nightclub, co-owned Republic Lounge with his late brother Michael, and works under the AG Entertainment name. In September 2026 police arrested the man charged in Michael's 2023 killing.

Alex Gidewon
Full name
Alex Gidewon
Known as
AG
Profession
Nightclub owner, AG Entertainment
Birthplace
Eritrea
Source of wealth
Atlanta nightclubs (Compound, Republic Lounge, Vision, Velvet Room), AG Entertainment
In this article
  1. Who is Alex Gidewon?
  2. Alex Gidewon Net Worth
  3. Alex Gidewon's Career
  4. Alex Gidewon's Age, Height, and Weight
  5. Alex Gidewon's Wife, Siblings and Kids
  6. The Case of His Brother Michael
  7. Why There Is No Reliable Net Worth Figure

Who is Alex Gidewon?

Alex Gidewon is an Atlanta nightlife operator best known for running Compound, a nightclub that drew rappers, athletes and celebrities for years, and for promoting events under the AG Entertainment name. With his brother Michael he helped build a string of high-end Atlanta clubs, including Vision, Compound and the Velvet Room. FOX 5 Atlanta reported that the brothers fled the violence in Eritrea and started in the nightlife business as valets before owning clubs of their own.

Alex Gidewon Net Worth

No reputable financial outlet has published a net worth estimate for Alex Gidewon. The earlier version of this page said Forbes put it at $5 million; we could not find any Forbes estimate, so that figure has been removed. His clubs were privately owned and their revenue has never been reported.

What the public record does show is the scale of the family's projects. In 2009 the Atlanta alt-weekly Creative Loafing reported that the Gidewons were planning a $4 million build-out of two luxury nightclubs covering nearly 20,000 square feet on Peachtree Street in Midtown, and called them the first family of Atlanta nightlife. Their clubs catered to professional athletes and recording artists.

Alex Gidewon
Alex Gidewon

Alex Gidewon's Career

A timeline of the Gidewon brothers' clubs, from the sources we checked:

PeriodEventSource
Early yearsThe brothers leave Eritrea and work as valets while learning the nightlife tradeFOX 5 Atlanta
Before 2006The family runs Vision, a large hip-hop club in Midtown; it closes in August 2006 after the property owner sells the site to condo developersCreative Loafing
2006Michael and Alex buy the leases on the former Velvet Room nightclub and a neighboring restaurant on Peachtree StreetCreative Loafing
November 2007Jay-Z hosts a party at the Velvet Room, photographed with Alex GidewonEssence (photo caption)
2009Plans for two new Peachtree Street clubs worth $4 million face a neighborhood petition with about 1,400 signaturesCreative Loafing
2010sAlex heads Compound, a West Midtown club; it later closedFOX 5 Atlanta, Essence
Until 2023Alex and Michael co-own Republic Lounge on Brady Avenue in West Midtown, a few blocks from CompoundEURweb, Essence, AJC
February 2023Republic Lounge closes permanently after Michael's killingEssence

EURweb reported that the brothers were both involved with AG Entertainment, the promotion brand Alex uses on social media. Their clubs hosted artists such as T.I., Jeezy, Usher, Nelly, Jermaine Dupri, Lil Baby and Ludacris, according to FOX 5 and EURweb.

What Businesses Does Alex Gidewon Own?

Based on the reporting above, Alex Gidewon has owned or run Compound nightclub, co-owned Republic Lounge with his brother, and operates the AG Entertainment brand. Earlier ventures included Vision and the Velvet Room with his brother Michael. Compound and Republic Lounge are both closed. We found no reliable report of a new club opening since 2023.

Alex Gidewon's Age, Height, and Weight

The earlier version of this page gave a birth date of July 10, 1973, in Eritrea. FOX 5 Atlanta confirms that the brothers came from Eritrea, but we found no reliable source for the exact birth date, so it has been removed. Sources also disagree on birth order: Creative Loafing in 2009 called Alex the older brother, while FOX 5 in 2024 called him the younger one. Michael was 50 when he died in 2023. His height and weight are not public.

Alex Gidewon's Wife, Siblings and Kids

Alex Gidewon keeps his own family life private, and no reputable outlet names a wife or children. Details on this page that were drawn from his personal social media, such as a pregnancy, have been removed.

His brother Michael Gidewon, 50, was shot and killed outside Republic Lounge on February 4, 2023. FOX 5 reported that Michael left behind a wife and four children. A public memorial was held at Ebenezer Baptist Church on February 14, 2023, where Atlanta Mayor Andre Dickens spoke, according to an Essence photo caption.

Alex Gidewon
Alex Gidewon

The Case of His Brother Michael

Police named Jonathan David Soto, known as "Sodo," as the suspect. Alex wrote publicly that Soto had been around the family for more than 20 years. Days after the shooting, he offered a $100,000 reward on top of the $2,000 from Crime Stoppers Atlanta, according to FOX 5. In March 2023, Essence reported he had raised the reward to $250,000.

The earlier version of this page said the suspect had never been found. That is no longer true. On September 23, 2026, the Jacksonville Sheriff's Office SWAT team arrested Soto, now 43, at an apartment complex in Jacksonville, Florida, after the Atlanta Police Department's fugitive unit traced him, CBS News and the Atlanta Journal-Constitution reported. He had been on the department's Top 10 Most Wanted list. He was held on a murder charge in the Duval County Jail awaiting extradition to Georgia. He has not been convicted, and the case is ongoing.

Related profile: Bryce Cleveland Net Worth.

Why There Is No Reliable Net Worth Figure

Nightclubs are cash-heavy private businesses, and none of the Gidewon ventures ever published revenue or profit. The family's real estate arrangements were mostly leases, according to Creative Loafing, so there are no reported property purchases to point to. The only hard number in the record is the planned $4 million investment in 2009 and the $250,000 reward Alex offered in 2023. Those show that he has had access to significant capital, but they do not add up to a net worth estimate, and no outlet has published one.

Frequently asked questions

What is Alex Gidewon's net worth?

No reputable outlet has published a net worth estimate for Alex Gidewon as of September 2026. A $5 million figure attributed to Forbes could not be found in any Forbes source. His wealth comes from decades of running Atlanta nightclubs, including Compound and Republic Lounge, and the AG Entertainment brand.

How old is Alex Gidewon?

Alex Gidewon's exact birth date has not been confirmed by a reliable source. FOX 5 Atlanta reports that he and his brother Michael came to the US from Eritrea. Sources disagree on whether he is older or younger than Michael, who was 50 when he died in February 2023.

What businesses does Alex Gidewon own?

Alex Gidewon ran Compound nightclub in West Midtown Atlanta, co-owned Republic Lounge with his brother Michael, and operates the AG Entertainment promotion brand. Earlier, the brothers were behind the Vision and Velvet Room clubs. Compound and Republic Lounge have since closed.

Who is Alex Gidewon's wife?

No reputable outlet names Alex Gidewon's wife, and he keeps his family life private. Details drawn from personal social media have been removed from this page. His late brother Michael left behind a wife and four children, according to FOX 5 Atlanta.

What happened to Alex Gidewon's brother Michael?

Michael Gidewon was shot and killed outside Republic Lounge in Atlanta on February 4, 2023. Alex offered a reward that rose to $250,000. On September 23, 2026, suspect Jonathan Soto was arrested in Jacksonville, Florida, and held on a murder charge pending extradition, CBS News reported.

Who owns Compound Atlanta?

Compound, a West Midtown Atlanta nightclub popular with rappers and athletes, was headed by Alex Gidewon, according to FOX 5 Atlanta. Creative Loafing credited his brother Michael as a co-founder. The club is now closed.

Sources

  1. FOX 5 Atlanta: https://www.fox5atlanta.com/news/republic-lounge-murder-suspect-still-large-after-more-than-year
  2. FOX 5 Atlanta: https://www.fox5atlanta.com/news/republic-lounge-murder-brother-of-michael-gidewon-breaks-silence-offers-his-own-reward
  3. Creative Loafing (archived by Dehai): http://www.dehai.org/archives/dehai_news_archive/jul-sept09/0675.html
  4. Essence: https://www.essence.com/news/michael-gidewon-memorial/
  5. Essence: https://www.essence.com/news/alex-gidewon-increases-award-to-capture-brothers-killer/
  6. EURweb: https://eurweb.com/co-owner-of-atlanta-lounge-killed/
  7. CBS News Atlanta: https://www.cbsnews.com/atlanta/news/atlanta-top-10-most-wanted-fugitive-arrested-by-swat-team-in-florida-police-say/
  8. Atlanta Journal-Constitution: https://www.ajc.com/news/2026/09/man-accused-in-atlanta-nightclub-co-owners-death-arrested-in-jacksonville/

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