Antony P. Ressler Wiki Biography
Antony P. Ressler is a businessman who is best known for being one of the founders of the private equity firms Apollo Global Management (established in 1990) and Ares Management. He was born in the United States on July 16, 1959, and is of Jewish origin (founded in 1997). He is also a co-owner of the Atlanta Hawks of the National Basketball Association (NBA), which he purchased for $800 million in the summer of 2015.
Antony Ressler’s net worth is unknown. As on the statistics supplied in the middle of 2016, the aggregate size of businessman wealth was projected to be as much as $2 billion. Ressler’s net worth is primarily derived through business (specifically, private equity enterprises).
Antony Ressler Net Worth $2 Billion
To begin with, his parents, Ira (an attorney) and Dorothy Ressler, reared him and his four siblings. Tony earned a Bachelor of Science in Forensic Science from Georgetown University’s School of Foreign Service and a Master’s degree in Business Administration from Columbia University’s Graduate School of Business.
Following graduation, he was hired by Drexel Burnham Lambert, a large Wall Street financial bank. He was then advanced to the post of Senior Vice President in the High Yield Bond Department, where he was in charge of the New Issue / Syndicate Desk. Ressler co-founded Apollo Global Management with Leon Black in 1990, a private equity firm that specializes in buying companies with high debt and leverage and proposing corporate reorganization or section sales.
Apollo Global Management, based in New York, manages private equity funds, credit funds, real estate, and other investment vehicles. It also has offices in Los Angeles, Houston, London, Frankfurt, Luxembourg, Singapore, Hong Kong, and Mumbai.
The fund’s alternative management company portfolio is one of the world’s largest. According to data from the middle of 2016, the company has more than $186.3 billion in assets under administration, although Ressler also co-founded Ares Management L.P., a private equity firm with $94 billion in assets under management. Michael Arougheti, Bennett Rosenthal, David Kaplan, Bill Bejamin, and Greg Margolies are among the company’s other co-founders. To summarize, Tony Ressler’s net worth is primarily derived from the firms listed above.
Ressler is also a minority owner of the Milwaukee Brewers and the majority owner of the Atlanta Hawks, both of which are highly respected assets. Finally, the businessman’s personal life includes his marriage to actress Jami Gertz, with whom he has three sons, from 1988.
Tony Ressler is also well-known for his charity initiatives. He serves on several boards of directors, including the Cedars-Sinai Medical Center Board of Directors and Campbell Hall Episcopal School in Studio City, California. He is the Finance Chair of the Los Angeles County Museum of Art and a member of the Executive Committee. He also serves as the Painted Turtle Camp’s Finance Chair.
|Date Of Birth
||July 16, 1959
|Place Of Birth
||Businessman, co-owner of the Atlanta Hawks, Co-founder of Apollo Global Management, Ares Management
||Goergetown University’s School of Foreign Service, Columbia University’s Graduate School of Business
||Jami Gertz (m. 1988)
||Nicholas Simon Ressler, Oliver Jordan Ressler, Theo Ressler
||Dorothy Ressler, Ira Ressler
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