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	61
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 Married to Marjorie Harris with five children.
Website, Social Media	https://www.hbse.com/

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 2026, Josh Harris’s net worth is estimated to be $10.84B.

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

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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General partner of Crystal Palace F.C.

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

Personal life

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

Useful insights

Advanced investment strategies

For those who have mastered the basics, the next step is exploring advanced investment strategies. These books delve into the complexities of portfolio management and alternative asset classes, offering sophisticated approaches to building wealth.

David Swensen - "Pioneering Portfolio Management"
- Summary:
  
  In this book, Swensen, who successfully managed Yale's endowment fund, outlines his investment philosophy, emphasizing diversification, a long-term perspective, and the inclusion of alternative asset classes such as hedge funds, private equity, and real estate. This approach aims to balance risk and reward to maximize returns for institutional investors.
- Why read it:
  
  Swensen’s methods are widely regarded as groundbreaking and have been adopted by many large institutional investors. His book is essential for anyone looking to build a robust, diversified portfolio with a focus on steady, long-term growth.
Joel Greenblatt - "The Little Book That Still Beats the Market"
- Summary:
  
  Greenblatt presents a simple yet effective formula for investing in value stocks. His "magic formula" identifies companies that are both undervalued and have high earnings yields, providing a clear strategy for beating the market. Greenblatt simplifies complex financial concepts for individual investors, making the book accessible to both beginners and experienced traders.
- Why read it:
  
  Greenblatt’s formula has consistently outperformed the market, making this book a practical guide for investors looking for a straightforward, effective strategy. It’s particularly useful for those who prefer a hands-on approach to stock selection without the need for deep financial expertise.