LeaderPortfolio
Ressler
A
Rank #277
UNITED STATESFinance InvestmentsFinance

Antony Ressler

Net Worth
$11.451B
-1.17% (24h)
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.

How to read Antony Ressler's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Antony Ressler, we anchor the narrative to Finance and Finance, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $11.451B alongside global rank #277, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

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 Timeline

2017

Stepped down as CEO of Ares Management

Became Executive Chairman of Ares Management.

2015

Acquired the Atlanta Hawks

Led a group to purchase the Atlanta Hawks NBA team.

1997

Co-founded Ares Management

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

1990

Co-founded Apollo Global Management

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

Philanthropic Impact

Education$0.0

Alliance for College-Ready Public Schools

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

Children's Health$0.0

The Painted Turtle Camp

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

Arts$0.0

Los Angeles County Museum of Art (LACMA)

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

Key Business Ventures & Holdings

CompanyStakeValue
Ares Management Corp1.01%$237M

Net Worth History

In-Depth Analysis

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.

Data Sources & Methodology

Figures for Antony Ressler are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.