Billionaire Profile
Josh Harris
Global Rank
#265

Image: Public domain | via Wikimedia Commons

Josh Harris

CEO, Apollo Global Management
US
Real-Time Net Worth
$11B
As of December 2025
Age
60
Source
Private equity, Sports team ownership
Industry
finance-investments
Citizenship
US

Biography

Josh Harris is an accomplished American investor, sports team owner, and philanthropist. Born on December 29, 1964, he is the co-founder of Apollo Global Management, a leading private equity firm, and the founder of 26North, an alternative asset firm. His career spans finance, investments, and sports, making him a prominent figure in multiple industries. Harris is the managing partner of the NBA team Philadelphia 76ers, the NHL team New Jersey Devils, and the NFL team Washington Commanders, showcasing his diverse business interests and leadership abilities. His achievements extend to significant contributions in the philanthropic sector through Harris Philanthropies, which supports youth development and community initiatives. As of January 2025, his net worth is estimated at $11 billion.

Wealth Over Time

In-Depth Profile

Early Life and Education

Joshua Jordan Harris was born on December 29, 1964, in Chevy Chase, Maryland. He graduated from The Wharton School at the University of Pennsylvania in 1986 with a degree in economics and earned an MBA from Harvard Business School in 1990.

Rise to Success

Harris began his career as a mergers and acquisitions analyst at Drexel Burnham Lambert. In 1990, he co-founded Apollo Global Management with Leon Black and Marc Rowan. Apollo Global Management became a significant player in the private equity and alternative investment sectors. Under his leadership, Apollo acquired numerous companies and achieved substantial returns, including the LyondellBasell transaction in 2008. In 2022, Harris stepped down from Apollo to focus on his own ventures, founding 26North.

Key Business Strategies

Harris's business strategies have been centered on private equity investments, with a focus on acquiring and restructuring companies to increase their value. He has also been involved in numerous leveraged buyouts. His success at Apollo contributed to the firm's growth into a major global investment manager. His acquisition of the Washington Commanders in 2023 for $6.05 billion highlights his interest in sports franchises.

Philanthropy

Harris and his wife, Marjorie, founded Harris Philanthropies in 2014. The foundation focuses on youth and community development through investments in sports, wellness, and education. The Harris Philanthropies are one of the largest supporters of after-school sports programs, helping approximately 15,000 youth annually within Philadelphia, New Jersey, and New York, and approximately 100,000 youth annually across the country. In 2022, he donated $5 million to Harvard Business School to establish the Harris Family Fund for Sports Management and Alternative Investments.

Career Milestones

1990

Co-founded Apollo Global Management

Established Apollo Global Management, a private equity firm that became a major player in alternative investments.

2011

Acquired Philadelphia 76ers

Led a group to acquire the NBA team Philadelphia 76ers, marking his entry into sports team ownership.

2013

Acquired New Jersey Devils

Acquired the NHL team New Jersey Devils, further expanding his sports portfolio.

2014

Founded Harris Philanthropies

Established a foundation focused on youth and community development through investments in sports, wellness, and education.

2022

Founded 26North

Founded the alternative asset firm 26North.

2023

Acquired Washington Commanders

Led a group that bought the NFL's Washington Commanders for $6.05 billion.

Philanthropy & Social Impact

Youth Development

Harris Philanthropies

$XB

Supports youth and community development through equitable and inclusive investing in sports, enhanced wellness, and education. Supports after-school sports programs, helping 15,000 youth annually in the Philadelphia, New Jersey, and New York areas and approximately 100,000 youth nationally.

Education

Harris Family Fund for Sports Management and Alternative Investments

$5M

Established at Harvard Business School in 2022.

Business Philosophy & Leadership

Notable Quotes

""We take seriously our role as stewards of the community. Our mission is to utilize our platforms to unite, uplift and drive change where our teams play and perform.""

Leadership Principles

Community Engagement

Commitment to using sports platforms to unite, uplift, and drive change within the community.

Innovation and Impact

Focus on inspiring possibilities in people and enhancing communities.