What makes Antony Ressler one of the most influential figures in the financial world today? The answer lies in his unparalleled success as a co-founder and chairman of Ares Management, an organization that has grown into one of the largest alternative asset managers globally with assets under management exceeding $340 billion. His journey from founding Apollo Global Management to leading Ares Management reflects not only his strategic acumen but also his ability to adapt and thrive in an ever-changing economic landscape.
One decade after his first appearance on the Wealthiest Angelenos' list, Ressler marked 2024 with what could be his best year yet financially. With a net worth estimated at $8.7 billion, he continues to make significant strides in both business and philanthropy. In addition to his role at Ares Management, Ressler serves as the principal owner and chairman of the board of advisors for the NBA's Atlanta Hawks Basketball Club. Recently, a group led by him agreed to purchase the Atlanta Hawks for $850 million, marking another milestone in his illustrious career.
| Bio Data | Details |
|---|---|
| Full Name | Antony Peter Ressler |
| Date of Birth | October 12, 1960 |
| Place of Birth | United States |
| Citizenship | American |
| Education | Graduated from Cornell University |
| Net Worth | $8.7 billion (as of 2024) |
| Professional Affiliations | Co-founder & Chairman of Ares Management |
| Previous Roles | Founding Member at Apollo Global Management |
| Sports Ventures | Principal Owner & Chairman of the Board of Advisors for the Atlanta Hawks |
| Philanthropy | Ressler/Gertz Foundation focusing on education, Los Angeles community, and Jewish causes |
| Reference Website | Ares Management Official Website |
Ressler’s influence extends beyond the corporate sector into the realm of sports ownership. As the principal owner and chairman of the board of advisors for the Atlanta Hawks, he has played a pivotal role in shaping the team’s future. The recent agreement to sell the Hawks underscores his commitment to enhancing the franchise’s value and ensuring its long-term success. This transaction highlights his ability to leverage his financial expertise in diverse sectors, reinforcing his status as a visionary leader.
In addition to his professional achievements, Ressler is deeply involved in philanthropic activities through the Ressler/Gertz Foundation. Established alongside his wife Jami Gertz, the foundation focuses on education, supporting the greater Los Angeles community, and advancing Jewish causes. In 2017 alone, the foundation awarded $5.84 million in grants, demonstrating their dedication to making a positive impact on society. Their contributions reflect a broader commitment to fostering growth and development in communities they care about.
Ressler’s career trajectory began with his involvement in Apollo Global Management, where he was a founding member. This experience provided him with invaluable insights into the private equity industry, which he later utilized to co-found Ares Management in 1990. Over the past two decades, Ares Management has evolved into a powerhouse within the financial sector, managing assets across various investment strategies. Under Ressler’s leadership, the company has consistently delivered strong performance, earning recognition as one of the premier alternative asset managers worldwide.
During Ares’ Investor Day 2024, Executive Chairman Tony Ressler reflected on the “long and remarkable road” that brought the business to its current position. Speaking alongside CEO Michael Arougheti, he emphasized how each achievement built upon previous successes, culminating in the company’s impressive track record. His remarks underscored his pride in the progress made and his optimism about future opportunities. This sentiment resonates throughout his professional endeavors, illustrating his relentless drive for excellence.
High-resolution images capturing moments from Ressler’s public appearances are available through Getty Images. These photos provide a glimpse into his interactions at conferences, sporting events, and other high-profile engagements. They serve as visual reminders of his active participation in shaping key industries and contributing to societal advancements. Whether addressing audiences at the ENGAGE Undergraduate Investment Conference or participating in discussions about philanthropy, Ressler consistently demonstrates thought leadership and engagement with critical issues affecting modern finance and beyond.
As evidenced by his inclusion among the wealthiest individuals in Los Angeles, Ressler’s accomplishments have earned him widespread acclaim. His ability to navigate complex financial landscapes while maintaining a steadfast commitment to ethical practices sets him apart in the business world. Furthermore, his dual focus on achieving commercial success and driving social change exemplifies the qualities of a true leader who seeks to leave a lasting legacy.
In summary, Antony Ressler stands out as a preeminent figure whose contributions span multiple domains. From revolutionizing private equity through Ares Management to revitalizing professional sports via ownership of the Atlanta Hawks, his impact is undeniable. Coupled with his philanthropic efforts aimed at improving lives within targeted communities, Ressler embodies the ideals of innovation, integrity, and generosity that define contemporary leadership. As he continues to break new ground, there is little doubt that his story will inspire generations to come.
