Billionaire Profile
A
Global Rank
#308

Image: Publications Office of the European Union | Public domain | via Wikimedia Commons

Antony Ressler

CEO, Finance
UNITED STATES
Real-Time Net Worth
$10.891B
Estimated based on Finance stock value as of April 20, 2026
+0.54% (24h)
Age
65
Source
Finance
Industry
finance-investments
Citizenship
UNITED STATES

Biography

Antony "Tony" Ressler is an American billionaire businessman and philanthropist. His estimated net worth is $10.6 billion as of March 2024, derived from his success in finance and investments. Ressler co-founded the private equity firm Ares Management in 1997, and previously co-founded Apollo Global Management in 1990. He is also the principal owner of the Atlanta Hawks NBA team. Ressler's career includes experience at Drexel Burnham Lambert, where he was a senior vice president. He is known for his significant contributions to philanthropy.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Antony P. Ressler was born on October 12, 1960, in Washington, D.C., to a Jewish family. He is one of five children of Dorothy and Ira Ressler. His father was an attorney and a World War II veteran. Ressler earned a BSFS from Georgetown University's Walsh School of Foreign Service and an MBA from Columbia Business School.

Rise to Success

Ressler began his career at Drexel Burnham Lambert in the 1980s, rising to senior vice president in the high-yield bond department. After Drexel's collapse, he co-founded Apollo Global Management in 1990. In 1997, Ressler co-founded Ares Management. He served as CEO of Ares Management until December 2017, and then became the Executive Chairman. In 2015, Ressler led a group to acquire the Atlanta Hawks NBA team.

Key Business Strategies

Ressler's success stems from his ability to identify undervalued assets and execute strategic investments. His firms, Apollo and Ares, focused on acquiring and turning around undervalued or distressed companies. Ressler's leadership has been instrumental in growing Ares Management into a leading global alternative asset manager.

Philanthropy

Ressler is actively involved in philanthropy, serving on the boards of Cedars-Sinai Medical Center, the Los Angeles County Museum of Art (LACMA), and Georgetown University. He is also a founder and former chairman of the Alliance for College-Ready Public Schools. He and his wife, Jami Gertz, are known for their charitable activities, including the Gertz-Ressler High Academy.

Career Milestones

1990

Co-founded Apollo Global Management

Co-founded the private equity firm, which focused on acquiring undervalued or distressed companies.

1997

Co-founded Ares Management

Co-founded Ares Management, a global alternative investment manager.

2015

Acquired the Atlanta Hawks

Led a group to purchase the Atlanta Hawks NBA team.

2017

Stepped down as CEO of Ares Management

Became Executive Chairman of Ares Management.

Philanthropy & Social Impact

Education

Alliance for College-Ready Public Schools

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Founder and former chairman of Alliance for College-Ready Public Schools.

Children's Health

The Painted Turtle Camp

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Founding Board Member of a camp for children with chronic and life-threatening illnesses.

Arts

Los Angeles County Museum of Art (LACMA)

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Co-Chair of the Board of the Los Angeles County Museum of Art (LACMA)

Business Philosophy & Leadership

Notable Quotes

""I am determined to be private.”"

Leadership Principles

Strategic Investment

Identifying and executing strategic investments to create value.

Growth Mindset

Approach everything with a growth mindset, and strive for improvement.