Billionaire Profile
Peter Sperling
Global Rank
#2062

Image: Liebers, Peter | CC BY-SA 3.0 de | via Wikimedia Commons

Peter Sperling

CEO, Education
UNITED STATES
Real-Time Net Worth
$1.98B
Estimated based on Education stock value as of March 6, 2026
0% (24h)
Age
66
Source
Education
Industry
Service
Citizenship
UNITED STATES

Biography

Peter Sperling is an American billionaire businessman known for his contributions to the education sector. Born in 1960, he is the son of John Sperling, the founder of the University of Phoenix. Peter holds a Bachelor's degree in Economics from the University of California, Santa Barbara, and an MBA from the University of Phoenix. He is the former chairman of Apollo Education Group, the parent company of the University of Phoenix. As of February 2, 2026, his estimated net worth is $1.7 Billion, making him a prominent figure in the education and service industries.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Peter V. Sperling was born in 1960 and is the son of John Sperling, who founded the University of Phoenix. Growing up, he was exposed to the adult education field. He earned a Bachelor of Arts degree in Economics from the University of California, Santa Barbara, and later, an MBA from the University of Phoenix.

Rise to Success

Peter Sperling's career took off when he joined Apollo Education in 1986. He took over as chairman of the Apollo Education Group when his father retired in 2001. He remained in that position until 2017, when the group was acquired and taken private. Under his leadership, the University of Phoenix became a well-known provider of online education. Sperling has been recognized for his contributions to business and education, including being listed among the wealthiest Americans by Forbes magazine.

Key Business Strategies

Peter Sperling's key strategies involved expanding online learning platforms. He focused on increasing access to higher education. He was involved in innovative leadership.

Philanthropy

Peter Sperling is involved with various philanthropic efforts, although the specific amounts are not readily available. His contributions reflect his commitment to giving back to the community, particularly in education and scientific research.

Career Milestones

1986

Joined Apollo Education Group

Began his career at the company founded by his father.

2001

Chairman of Apollo Education Group

Took over as chairman after his father's retirement.

2017

Stepped down as Chairman

Apollo Education Group was taken private.

Philanthropy & Social Impact

Education and Scientific Research

Various Charitable Organizations

Undisclosed

Known for his philanthropic efforts.