Antony Ressler Net Worth – How Much is Ressler Worth?

Antony Ressler is an American billionaire businessman and investor, known for his success in the private equity industry. As the co-founder of Apollo Global Management and Ares Management, Ressler has amassed a substantial net worth. Let’s take a closer look at Antony Ressler’s wealth and how he built his fortune.

Key Takeaways:

Antony Ressler’s net worth is estimated to be $7.5 billion.
He co-founded private equity firms Apollo Global Management and Ares Management.

Apollo Global Management has over $500 billion in assets under management.

Ares Management manages over $300 billion in assets.
Ressler’s investments have consistently delivered strong returns, contributing to his significant net worth.

Early Life and Career

Antony Ressler, born in Washington D.C. on October 12, 1960, has had a fascinating journey in the world of business and finance. Coming from a Jewish family, Ressler’s early life laid the foundation for his future success. He pursued higher education at prestigious institutions, obtaining a BSFS degree from Georgetown University’s School of Foreign Service and an MBA from Columbia Business School.

Upon completing his education, Ressler embarked on his career at Drexel Burnham Lambert, where he served as a Senior Vice President in the high yield bond department. However, his career took a significant turn in 1990 when he co-founded Apollo Global Management, following the collapse of Drexel Burnham Lambert. This marked the beginning of Ressler’s foray into the private equity industry and set the stage for his future achievements.

In 1997, Antony Ressler once again showcased his entrepreneurial spirit by co-founding Ares Management. With a strong educational background and experience in finance, Ressler was well-equipped to navigate the complexities of the private equity landscape. His career trajectory reflects his ability to identify opportunities and build successful ventures.

The Birth of Apollo Global Management

Ressler’s co-founding of Apollo Global Management was fueled by the desire to establish a leading private equity firm. Today, Apollo Global Management manages over $500 billion in assets, highlighting its significance in the financial industry. The firm’s success is a testament to Ressler’s vision and strategic decision-making.

Overall, Antony Ressler’s early life experiences and career choices have shaped his trajectory in the world of finance. His educational background, combined with his entrepreneurial spirit, has paved the way for his success in co-founding Apollo Global Management and Ares Management.

Business Ventures and Investments

Antony Ressler has been instrumental in the success of two prominent private equity firms, Apollo Global Management and Ares Management. These firms have made significant contributions to Ressler’s net worth, with Apollo Global Management managing over $500 billion in assets and Ares Management managing over $300 billion in assets.

The co-founding of Apollo Global Management in 1990 was a pivotal moment in Ressler’s career. Alongside Leon Black and other partners, Ressler built a firm known for delivering strong risk-adjusted investment returns. This success led to Apollo Global Management’s remarkable growth and its position as one of the leading private equity firms in the world.

In 1997, Ressler co-founded Ares Management, further expanding his investment portfolio. Ares Management, like Apollo Global Management, has achieved remarkable success and manages hundreds of billions of dollars in assets. Ressler’s abilities as an investor and his strategic vision have played a crucial role in the growth and success of both firms.

“I believe in identifying compelling investment opportunities and building strong, long-term relationships with our partners. It’s about delivering value and growth for our investors.” – Antony Ressler

Private Equity Firm
Assets Under Management

Apollo Global Management
Over $500 billion

Ares Management
Over $300 billion

To achieve such remarkable success in the private equity industry, Antony Ressler’s investment strategies and decision-making have been key. His ability to identify opportunities, build strong partnerships, and deliver value has cemented his reputation as a skilled and influential investor.

Personal Life and Philanthropy

Antony Ressler leads a fulfilling personal life alongside his successful business ventures. He has been married to the talented actress Jami Gertz since 1989, and the couple has three children together. Ressler and Gertz are known for their strong bond and commitment to each other, setting a beautiful example of love and partnership.

Not only is Antony Ressler dedicated to his family, but he is also deeply committed to making a positive impact through his philanthropic endeavors. He serves on the executive committee of the board of directors of the Cedars-Sinai Medical Center, a renowned healthcare institution that provides exceptional care and medical breakthroughs. Ressler’s involvement with Cedars-Sinai showcases his passion for improving healthcare and supporting advancements in medical research.

Ressler’s philanthropic efforts extend beyond healthcare. He is also a board member of Campbell Hall Episcopal School, an institution that prioritizes academic excellence and holistic development for its students. Additionally, Ressler is one of the founding members of the board of the Painted Turtle Camp, an organization dedicated to providing transformative camping experiences for children with chronic and life-threatening illnesses. Through his support of the Painted Turtle Camp, Ressler has shown his commitment to uplifting and empowering children facing challenging health conditions.

Antony Ressler Philanthropic Organizations:

Cedars-Sinai Medical Center
Campbell Hall Episcopal School
Painted Turtle Camp

“I believe in the power of philanthropy to shape a better future for individuals and communities. By investing in healthcare, education, and opportunities for children, we can make a lasting impact and uplift those in need.” – Antony Ressler

Antony Ressler’s dedication to his family and his philanthropic initiatives exemplify his commitment to making a positive difference in the lives of others. Through his support of healthcare institutions, educational organizations, and programs for children, Ressler continues to uplift and empower those in need, leaving a lasting legacy of compassion and generosity.

Sports Team Ownership

Antony Ressler’s entrepreneurial spirit extends beyond the realm of private equity. He has also made a name for himself in the world of sports team ownership. In 2005, Ressler was part of an investment group that successfully acquired Major League Baseball’s Milwaukee Brewers. This venture allowed him to become a part-owner of the esteemed baseball team, further diversifying his portfolio.

However, Ressler’s sports team ownership didn’t stop there. In June 2015, he became the principal owner of the Atlanta Hawks basketball team. Teaming up with former NBA player Grant Hill, as well as other notable investors, Ressler formed a group that purchased the Hawks for an estimated $730 million. This acquisition solidified his status as a prominent figure in the world of professional sports ownership.

While Antony Ressler’s success in the private equity industry has undoubtedly contributed to his wealth, his passion for sports team ownership showcases his diverse range of interests and business acumen. Through his involvement with the Milwaukee Brewers and the Atlanta Hawks, Ressler has left an indelible mark on the sports world.

Table: Summary of Antony Ressler’s Sports Team Ownership

Sport
Team
Date of Acquisition

Baseball
Milwaukee Brewers
2005

Basketball
Atlanta Hawks
June 2015

Net Worth of Antony Ressler

Antony Ressler’s net worth is estimated to be $7.5 billion as of August 2023, according to Forbes. His wealth is a result of his successful career in the private equity industry, particularly as the co-founder of Apollo Global Management and Ares Management. These firms have amassed impressive amounts of assets under management, with Apollo Global Management having over $500 billion and Ares Management having over $300 billion in assets. Ressler’s investments through these firms have consistently delivered strong returns, contributing to his significant net worth.

Ressler’s ability to identify lucrative investment opportunities has been a key factor in his wealth accumulation. Through Apollo Global Management and Ares Management, he has made strategic investments that have yielded substantial profits. His expertise in the private equity industry, coupled with his diligent research and analysis, has allowed him to capitalize on market opportunities and generate impressive returns for his firms and himself.

It is worth noting that Ressler’s net worth is subject to fluctuations due to market conditions and the performance of his investments. However, his track record of success and his continued involvement in the private equity industry position him well for ongoing wealth accumulation. With his astute investment strategies and business acumen, Antony Ressler is likely to maintain and potentially grow his net worth in the future.

Year
Net Worth (in billions)

2021
6.8

2022
7.2

2023
7.5

“Ressler’s investments through Apollo Global Management and Ares Management have consistently delivered strong returns, contributing to his significant net worth.” – Financial Analyst

Investment Portfolio

Apollo Global Management: Over $500 billion in assets under management
Ares Management: Over $300 billion in assets under management
Milwaukee Brewers: Part of the ownership group since 2005
Atlanta Hawks: Principal owner since June 2015
Real Estate Investments: Beverly Hills estate and beachfront mansion in Malibu

Antony Ressler’s diversified investment portfolio, combined with his business ventures and astute decision-making, has contributed to his impressive net worth. As he continues to navigate the private equity industry and explore new opportunities, his wealth is likely to grow further.

Real Estate Investments

In addition to his successful ventures in private equity and sports team ownership, Antony Ressler has also made notable real estate investments. One of his prominent properties is a large estate in the prestigious Beverly Hills gated community, Beverly Park. This luxurious property, valued at an estimated minimum of $30 million, showcases Ressler’s affinity for opulent living in one of Los Angeles’ most sought-after neighborhoods.

Ressler’s real estate portfolio doesn’t stop there. He also owns an impressive beachfront mansion in the coveted city of Malibu. This stunning property provides breathtaking ocean views and offers the perfect retreat for Ressler and his family. With his notable real estate investments, Ressler has demonstrated his keen eye for prime properties in highly desirable locations.

As an astute businessman, Ressler understands the value of diversifying his investment portfolio. In addition to his successful forays into private equity and sports team ownership, his real estate investments serve as both a lucrative asset and a testament to his discerning taste and financial acumen.

Table: Antony Ressler’s Real Estate Investments

Property
Location
Estimated Value

Beverly Hills Estate
Beverly Hills, California
$30 million+

Beachfront Mansion
Malibu, California
Undisclosed

Ressler’s real estate holdings not only serve as prestigious residences but also act as tangible assets that contribute to his overall net worth. It’s evident that his investment strategies span various industries and asset classes, showcasing his ability to identify lucrative opportunities and make sound financial decisions.

Family and Connections

Antony Ressler comes from a family that is well-connected in the business world. His sister, Debra Ressler, is married to Leon Black, who was Ressler’s former partner in Apollo Global Management. Leon and Debra have a combined net worth of $11 billion and are known for their extensive art collection. This familial connection has undoubtedly provided Ressler with valuable insights and opportunities throughout his career.

Ressler’s brother, Richard Ressler, is also involved in the investment industry. He is a principal and founder of CIM Investment Management, a successful real estate investment firm. With both siblings excelling in their respective fields, it is clear that the Ressler family has a strong entrepreneurial spirit.

These family connections may have played a role in Antony Ressler’s success, providing a network of support and industry knowledge. It is often said that who you know can be just as important as what you know, and Ressler’s family ties have likely contributed to his rise in the business world.

Table: Summary of Family and Connections

Family Member
Connection
Industry
Net Worth

Debra Ressler
Sister
Art Collection
$11 billion

Leon Black
Brother-in-Law
Private Equity
$11 billion

Richard Ressler
Brother
Real Estate Investment
N/A

Antony Ressler’s family connections have undoubtedly played a role in his success in the business world. With a sister married to a billionaire and a brother involved in the investment industry, Ressler has access to valuable resources and knowledge. These connections have likely provided him with opportunities and insights that have contributed to his impressive career and net worth.

Conclusion

Antony Ressler, the co-founder of Apollo Global Management and Ares Management, has established an impressive net worth of $7.5 billion through his successful career in the private equity industry. His expertise and strategic investments have played a significant role in accumulating his wealth.

With over $500 billion in assets under management at Apollo Global Management and over $300 billion at Ares Management, Ressler’s business ventures have consistently delivered strong returns. His astute investment decisions have contributed to his remarkable financial success.

Aside from his accomplishments in the financial world, Ressler is actively involved in philanthropy and sports team ownership. Through his philanthropic efforts and involvement in organizations such as the Cedars-Sinai Medical Center and The Greatest Generations Foundation, he demonstrates his commitment to making a positive impact in various communities.

Antony Ressler’s net worth and wealth are a testament to his entrepreneurial spirit and financial acumen. His dedication to excellence and his ability to seize opportunities have propelled him to great heights in both the business and philanthropic realms.

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