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Josh Harris

Josh Harris

J. Harris
0.45% | + $47.35M
$10.48 B ₹ 95,288 Cr
Real Time Net Worth #304 Ranking as of 21 Feb 2026 By Forbes

More on Josh Harris

Gender

Male

Age

62Y

Country

United States

Born On

January, 1964

Deceased

No

Relationship Status

Married

Children

5

Education

Harvard Business School - Master Of Business Administration

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Private Equity)

Primary Organization

Apollo Global Management

Titles

Co-Founder

Sources of Wealth

Apollo Global Management, Sports Teams

Industry

Finance, Investments, Private Equity, Sports

About Josh Harris


J osh Harris is an American billionaire private equity investor who is one of the three co-founders of the legendary private equity giant, Apollo Global Management. He founded the firm in 1990 with his partners, Leon Black and Marc Rowan, after they all left the investment bank Drexel Burnham Lambert. They have since built Apollo into one of the largest and most successful alternative asset management firms in the world, with a particular expertise in distressed debt investing.

In addition to his highly successful career in finance, Harris is one of the most prominent and active investors in professional sports. He is the co-founder of Harris Blitzer Sports & Entertainment (HBSE), the holding company for a valuable portfolio of teams that includes the NBA's Philadelphia 76ers and the NHL's New Jersey Devils. More recently, he led the ownership group that acquired the National Football League's Washington Commanders in 2023 for a record price. He is a central and highly powerful figure at the intersection of high finance and big-league sports ownership.

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Quick Reads


  • A co-founder of the private equity giant Apollo Global Management.
  • Managing owner of the NFL's Washington Commanders.
  • Co-owner of the Philadelphia 76ers (NBA) and the New Jersey Devils (NHL).
  • His sports holding company is Harris Blitzer Sports & Entertainment.
  • One of the most powerful and prolific sports team owners in the world.

Early Life and Background


Joshua 'Josh' J. Harris is an American businessman, the self-made billionaire Co-founder and former Senior Managing Director of Apollo Global Management, one of the world's largest private equity firms. His career is rooted in elite finance and high-stakes leveraged buyouts (LBOs). Born in Chevy Chase, Maryland, in 1964, his father was a lawyer.

Harris graduated with a B.S. in Economics from The Wharton School of the University of Pennsylvania and earned an MBA from Harvard Business School. His career began in finance, working in the M&A group at Drexel Burnham Lambert (a pioneer of junk bond trading), where he met his future co-founders, Leon Black and Marc Rowan.

  • Apollo Global Management (Co-founder): The core publicly traded asset, a global alternative asset manager (managing over $600 billion in assets).
  • Sports Ownership: He is the Managing Partner and principal owner of the Harris Blitzer Sports & Entertainment (HBSE) group (Philadelphia 76ers - NBA, New Jersey Devils - NHL).
  • Academic Background: He holds an MBA from Harvard Business School and a B.S. from Wharton (UPenn).
  • Political Focus: He is a major Republican donor and a key figure in U.S. political finance.

Career Journey of Josh Harris


Josh Harris's strategic genius was his commitment to LBOs and distressed asset investing. In 1990, he co-founded Apollo Global Management, which became a dominant force in private equity, specializing in corporate restructuring (e.g., Caesars Entertainment, LyondellBasell). He was instrumental in taking Apollo public in 2011 (raising $1.5 billion).

His diversification into sports is highly visible: he is the Managing Partner of HBSE, which owns the Philadelphia 76ers (NBA) and the New Jersey Devils (NHL). He also purchased a minority stake in the Pittsburgh Steelers (NFL) in 2020. He stepped down from his executive role at Apollo in 2021 to focus on his sports and private investment interests. His wealth is secured by the colossal, long-term, superior returns generated by Apollo's LBO strategies.

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Josh Harris's Timeline


1982:

Joins Drexel Burnham Lambert (Early Career).

1990:

Co-founds Apollo Global Management (Founding 1).

2011:

Apollo executes its $1.5 billion IPO (Financial Milestone 1).

2011:

Acquires the Philadelphia 76ers (NBA) (Sports Acquisition 1).

2013:

Acquires the New Jersey Devils (NHL) (Sports Acquisition 2).

2021:

Retires from his executive role at Apollo (Executive Transition).

Ongoing:

Continues as Managing Partner of HBSE and principal owner of the sports teams (Executive Oversight).

Major Business Ventures and Investments


Josh Harris's wealth is concentrated in his founding equity and retained stake in the publicly traded private equity giant, Apollo Global Management (NYSE: APO), and his sports empire.

  • Apollo Global Management (Co-founder): The core publicly traded asset, a global alternative asset manager (managing over $600 billion in assets).
  • Sports Ownership: He is the Managing Partner and principal owner of the Harris Blitzer Sports & Entertainment (HBSE) group (Philadelphia 76ers - NBA, New Jersey Devils - NHL).
  • Academic Background: He holds an MBA from Harvard Business School and a B.S. from Wharton (UPenn).
  • Political Focus: He is a major Republican donor and a key figure in U.S. political finance.

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Philanthropy and Social Impact


Josh Harris's social impact is structural, stemming from Apollo's role in restructuring and stabilizing major corporations globally. His ownership of the Philadelphia 76ers and New Jersey Devils provides major civic and economic assets for those cities. His Harris Philanthropies supports various educational and healthcare initiatives.

His structural contribution is tied to his role as a pioneer in private equity LBOs and his commitment to civic engagement through professional sports ownership.

Fashion, Style, and Lifestyle


Josh Harris maintains the highly professional, composed style of a financial executive. His attire is consistently bespoke, favoring dark, tailored suits. His aesthetic reflects stability and immense financial authority, typical of a leader in the global private equity sector.

Residing in New York City, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, sports ownership, and corporate governance.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder of Apollo Global Management (private equity).
  • He is the Managing Partner and principal owner of the Philadelphia 76ers (NBA) and New Jersey Devils (NHL).
  • He worked in the M&A group at Drexel Burnham Lambert (pioneer of junk bond trading).
  • He holds an MBA from Harvard Business School.
  • He stepped down from his executive role at Apollo in 2021 to focus on his sports interests.
  • He is a major Republican political donor.
  • His wealth is tied to the successful leveraged buyout and restructuring of large corporate assets.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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