How Did Josh Harris Make His Money?

Josh Harris’s Profile Summary

Company	Apollo Global Management
Position	Co-founder of Apollo Global Management ,Founder and CEO of 26North Partners
Source of wealth	Private equity investments via Apollo Global Management Sports franchises (Philadelphia 76ers, New Jersey Devils, Washington Commanders) Other investments via 26North Partners
Also known as	Sports Team Owner Philanthropist
Age	60
Education	University of Pennsylvania, Wharton School – Bachelor of Science in Economics, summa cum laude Harvard Business School – Master of Business Administration (MBA), Baker Scholar( Glusea )
Citizenship	United States
Residence	Miami, Florida
Family	Spouse: Marjorie Harris Children: Five children
Website, Social Media	https://www.hbse.com/

Josh Harris’s biography

Joshua Jordan Harris, born in 1965, is an American billionaire and private equity investor. He co-founded Apollo Global Management in 1990 alongside Leon Black and Marc Rowan, transforming it into a global leader in alternative asset management. Before founding Apollo, Harris worked in mergers and acquisitions at Drexel Burnham Lambert, where he developed a deep understanding of private equity.

In addition to his work in finance, Harris is a prominent figure in professional sports ownership. He is the managing partner of Harris Blitzer Sports & Entertainment (HBSE), which owns the Philadelphia 76ers (NBA), New Jersey Devils (NHL), and a part-owner of Crystal Palace F.C. in the English Premier League. He recently expanded his sports empire by leading a consortium to purchase the Washington Commanders of the NFL

How did Josh Harris make money?
Josh Harris, an American billionaire and co-founder of Apollo Global Management, has become one of the key figures in the private equity industry. His path to success began in 1990, when he founded Apollo, an investment company focused on distressed asset buyouts and alternative investment management, along with partners Leon Black and Mark Rowan.

Apollo's key source of income was managing clients' assets, including pension funds, insurance companies, and sovereign wealth funds. Today, the company manages over $600 billion in assets, earning billions of dollars annually in fees and investment income. Harris played a central role in developing the strategy, which focuses on complex investments and maximizing long-term returns. Harris's personal wealth is estimated at over $7 billion.

In addition to his investment success, Josh Harris is known for his investments in sports. He is a co-owner of major teams such as the Philadelphia 76ers (NBA), New Jersey Devils (NHL), and Crystal Palace (English Premier League). These projects not only generate significant income, but also strengthen his reputation as a far-sighted investor.

Today, Josh Harris is actively developing Harris Blitzer Sports & Entertainment (HBSE), through which he owns the Philadelphia 76ers (NBA) and New Jersey Devils (NHL), and also has a stake in Crystal Palace (English Premier League). These sports assets not only generate stable income, but also strengthen his position as an influential investor in the entertainment and sports industries.
What is Josh Harris net worth?

As of 2025, Josh Harris’s net worth is estimated to be $9.8B.

What is Josh Harris also known as?

Josh Harris is widely recognized not only for his financial acumen but also for his involvement in sports. Through his firm HBSE, he has played a key role in revitalizing sports franchises like the Philadelphia 76ers and the New Jersey Devils. His philanthropic efforts include founding Harris Philanthropies, which supports education, youth programs, and economic empowerment

Prominent achievements of Josh Harris

Co-founded Apollo Global Management, managing billions in assets
Successfully led investments in companies like LyondellBasell, which resulted in a record-breaking $9.6 billion profit for Apollo
Acquired the Philadelphia 76ers, New Jersey Devils, and Washington Commanders, significantly enhancing their performance(
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What are Josh Harris’s key insights?

Harris emphasizes long-term value creation, strategic acquisitions, and risk management. His approach to both private equity and sports management focuses on turning underperforming assets into profitable, sustainable businesses

Josh Harris’s personal life

Joshua Harris is married to Marjorie Harris (née Rubin) since 1995. They have three sons and two daughters. .

Useful insights

Understanding market forces

In my experience, to truly succeed as an investor, it’s essential to understand the driving forces behind market behavior. Market movements aren’t random—they’re influenced by a range of economic theories and dynamics. The following books provide valuable insights into these forces, offering a deeper understanding of how global financial markets operate and what shapes their trends.

Nassim Nicholas Taleb – "The Black Swan"
- Summary:
  
  Taleb explores the concept of rare, unpredictable events—so-called "Black Swans"—that can have massive impacts on markets and society. These events are often overlooked by traditional risk management models, leading to devastating consequences when they occur. Taleb illustrates how these unpredictable shocks shape our world, often more than gradual, expected changes.
- Why read it:
  
  This book challenges conventional thinking about risk and uncertainty, showing that many major historical and financial events were "Black Swans." It's a vital read for investors who want to build resilience in the face of market volatility.
John Maynard Keynes – "The General Theory of Employment, Interest, and Money"
- Summary:
  
  Keynes revolutionized economics by focusing on total demand within an economy and its effect on output and inflation. His theory suggested that government intervention could stabilize economic cycles through fiscal and monetary policy. The book also explains the consequences of under-consumption and the role of interest rates in managing economic stability.
- Why read it:
  
  For investors interested in macroeconomic trends and policy impacts, Keynes’ work is essential. Understanding the Keynesian framework can help investors predict how government actions might influence market performance.