Tony Ressler Net Worth

Antony “Tony” Ressler is a businessman from the United States who formed “Apollo Management” with his brother-in-law Leon Black. He is the Executive Chairman of Ares Management Corporation at the moment. He is also a co-owner of the Atlanta Hawks of the National Basketball Association.

Tony Ressler Net Worth
Tony Ressler Net Worth

Early Life

Ressler was born in 1960 to a Jewish couple, Ira and Dorothy Ressler. He attended Georgetown University’s School of Foreign Service and then Columbia University’s Graduate School of Business for his MBA. Ressler worked at Drexel Burnham Lambert, an American bank and Wall Street firm, after graduating. The bank was forced into bankruptcy in 1990, resulting in the formation of Apoll Global Management, an American private equity firm.

Career

Ressler worked for Drexel Burnham Lambert, an American bank and Wall Street firm, after graduating from Columbia University. The bank was forced into bankruptcy in 1990, which resulted in the formation of Apollo Global Management, an American private equity firm. The heads of most of Drexel’s departments were employed by Ressler and another co-founder, Leon Black. With his partners, he co-founded Ares Management, an asset management firm, in 1997. Asset management, real estate, stock transactions, financial counseling, investment consultation, credit opportunities, and other services were offered to customers. In December 2017, he stood down as chairman and became the executive chairman. He has also been a minority shareholder in the Milwaukee Brewers of the Major League Baseball and the major owner of the Atlanta Hawks of the NBA, which he purchased for $800 million $850 million. He serves on the Co-Chair Board of Trustees of the Los Angeles County Museum of Art and the Board of Directors of Cedars-Sinai Medical Center in the non-profit sector. He is also the co-chair of the Alliance for College-Ready Public Schools and one of the founders of the “Painted Turtle Camp,” a non-profit that takes sick children on camping trips. He also contributes to The Greatest Generations Foundation, which benefits the military.

Relationship

Tony Ressler married Jamie Gertz, a Hollywood actress, in 1989. Oliver Jordan Ressler, Nicholas Simon Ressler, and Theo Ressler are the three sons of the marriage. Debra Ressler, his sister, is a Broadway producer who married Apollo co-founder Leon Black. Richard Ressler, his brother, is the founder of Chartered Investment Management, a London-based asset management firm.

Physical Appearance

Tony Ressler, who was born on October 12, 1960, is 61 years old today, February 10, 2022. He stands 1.57 meters tall and weighs 80 kilograms.

Net Worth

Tony Ressler’s net worth is predicted to be at least $4 billion as of February 2022. As the Executive Chairman and Co-Founder of Ares Management, he earns around $25 million. He also makes money through the investment management company’s stock trades and from owning the NBA team Atlanta Hawks. Tony Ressler is an American philanthropist, businessman, and co-founder of a number of enterprises, including Ares Management Corporation, Ares Management LLC, Alliance for College-Ready Public Schools, Ares Private Equity Group, Ares Commercial Real Estate Corporation, and others. In addition, he has supported humanitarian organizations such as the Ressler/Gerts Foundation and implemented programs to help children from underserved communities.