Antony Ressler has built a reputation in the finance world, amassing a significant fortune. As the co-founder of Apollo Global and Ares Management, he’s made an indelible impact in private equity and sports ownership. His journey through Wall Street, along with strategic real estate and philanthropic ventures, highlights a unique approach to wealth.
Join me, Ando Money, as we uncover Antony Ressler net worth and explore the elements contributing to his financial success.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Antony P. Ressler |
| Popular Name | Tony Ressler |
| Gender | Male |
| Birth Date | October 12, 1960 |
| Age | 65 |
| Parents | Ira Ressler (father), Dorothy Ressler |
| Siblings | Debra Ressler, Richard Ressler, 2 others |
| Birthplace | Washington, D.C., United States |
| Nationality | American |
| Ethnicity | Jewish |
| Education | Edmund A. Walsh School of Foreign Service, Columbia University, Georgetown University |
| Marital Status | Married |
| Spouse | Jami Gertz (m. 1989) |
| Children | 3 sons |
| Dating | N/A |
| Net Worth | $8 billion (2024) |
| Source of Wealth | Apollo Global, Ares Management, investments |
| Height | N/A |
What is the Net Worth Of Antony Ressler in 2024?
Antony Ressler’s net worth in 2024 is an estimated $8 billion, driven by his co-founding roles at Apollo Global and Ares Management, as well as his investments in the Atlanta Hawks and Milwaukee Brewers. This valuation positions him among the top players in private equity.
Compared to others in his field, Ressler stands in close company with other financial heavyweights. Here’s a look at other prominent figures:
- Leon Black
- Marc Rowan
- Joshua Harris
- Grant Hill
- Sara Blakely
- Jesse Itzler
- Richard Ressler
- Steven Price
- Michael Milken
For insights into how Antony Ressler ranks among the most influential on Wall Street, check out the list on our ranking of top financial moguls.
Antony Ressler Salary and Finance Overview
Early Career and Rise in Wall Street
Antony Ressler started his career in finance at Drexel Burnham Lambert, where he quickly moved up to Senior Vice President of High Yield Bonds.
This role exposed him to a transformative period on Wall Street, working with leading figures like Michael Milken. His time at Drexel paved the way for his venture into private equity and set the stage for his own business success.
Founding Apollo Global Management and Influence on Private Equity
In 1990, Ressler co-founded Apollo Global Management alongside Leon Black and other Drexel alumni. With over $500 billion in assets under management, Apollo became a significant force in private equity, enabling Ressler to build much of his wealth.
Apollo’s investments spanned various industries, showcasing Ressler’s talent for identifying lucrative opportunities.
Building Wealth Through Ares Management
In 1997, Ressler launched Ares Management, a leading asset management firm with $300 billion in assets. As a principal owner, his stake in Ares significantly bolstered his fortune.
Ares Management extended Ressler’s influence beyond private equity, allowing him to tap into the real estate and credit markets and broaden his financial portfolio.
Involvement in Sports Ownership
In 2005, Ressler and his wife, Jami Gertz, joined an investment group that acquired a stake in the Milwaukee Brewers. Later, in 2015, Ressler led a team of investors, including Grant Hill and Sara Blakely, to purchase the Atlanta Hawks for $730 million.
This acquisition added a new dimension to his financial strategy, diversifying his assets and strengthening his brand.
Significant Real Estate Investments
Ressler has invested in exclusive real estate, with luxury properties in Beverly Hills and Malibu. His Beverly Hills estate is estimated to be worth between $30 million and $50 million. These investments contribute to his financial standing and are a testament to his strategic approach to asset diversification.
Philanthropic Contributions and Charitable Foundations
Beyond business, Ressler is deeply involved in philanthropy. He is a board member at Cedars-Sinai Medical Center and the Los Angeles County Museum of Art.
Ressler also co-founded The Painted Turtle Camp, an initiative that supports children with chronic illnesses. His charitable efforts not only bolster his public image but also reflect his commitment to giving back.
Personal Life and Family Influence on Career
Ressler’s family background has been instrumental in his career. His brother, Richard Ressler, and sister, Debra Ressler, both share prominent roles in finance and entertainment.
Married to Jami Gertz since 1989, Ressler has maintained a stable family life that has enabled him to pursue ventures with confidence. His family’s connections within finance and Hollywood have undeniably supported his rise in private equity.
Legacy and Lasting Impact in Private Equity and Beyond
Through Apollo and Ares, Ressler has left a lasting mark on the finance sector. His strategic investments and contributions to private equity have helped shape modern wealth management. With a focus on diversified investments, Ressler’s legacy remains significant in finance and philanthropy.
FAQs About Antony Ressler
What Companies Did He Co-found?
He co-founded Apollo Global Management and Ares Management, two significant private equity firms managing billions in assets.
What Sports Teams Has He Invested In?
He holds minority stakes in the Milwaukee Brewers and led a group to acquire the Atlanta Hawks in 2015.
What Are His Major Philanthropic Contributions?
He contributes to Cedars-Sinai Medical Center, Los Angeles County Museum of Art, and co-founded The Painted Turtle Camp.
Who Is His Most Notable Partner in Business?
One of his notable business partners is Leon Black, with whom he co-founded Apollo Global Management.
What Influence Did His Family Have on His Career?
His family has had a considerable influence, with connections in finance and Hollywood, including his wife Jami Gertz and brother Richard Ressler.
Conclusion
Antony Ressler’s journey through private equity, sports ownership, and philanthropy showcases his multifaceted approach to wealth. Readers are encouraged to leave comments, share, or explore more insights on www.andomoney.com.
