#451

Joshua Harris

United States 61 years old Self-Made

Overview

Source of Wealth
private equity
Residence
Miami, Florida
Education
Harvard University (Master of Business Administration)
University of Pennsylvania, The Wharton School (Bachelor of Arts/Science)
Marital Status
Married
Children
5

Assets

  • Apollo Global Management
    38,390,000 shares @ -
    -
    APO-US
  • Berry Plastics
    0 shares @ -
    -
    BERY-US
  • LyondellBasell
    0 shares @ -
    -
    LYB-US

Biography

Josh Harris cofounded alternative investment firm Apollo Global Management in 1990 with fellow billionaires Leon Black and Marc Rowan.

The trio met at investment bank Drexel Burnham Lambert, and struck out on their own after the troubled firm filed for bankruptcy.

Harris is still involved in overseeing the day to day business at Apollo, which manages more than $500 billion in assets.

He owns a stake in NBA's Philadelphia 76ers, which has more than quintupled in value since he bought it with a consortium for $290 million in 2011.

The UPenn alum also has stakes in NHL's New Jersey Devils, NFL's Pittsburgh Steelers, and the English Premier League's Crystal Palace Football Club.

Harris derives the bulk of his fortune from his roughly 20% stake in Apollo.

About

He founded Harris Philanthropies, a nonprofit focused on supporting youth and sports, wellness and disease prevention, and other causes, in 2014.

The son of an orthodontist, Harris was a former wrestler and still competes in marathons and triathlons.