Antony Ressler Net Worth

What is Antony Ressler's net worth?

Antony Ressler is an American businessman, sports team owner, and philanthropist who has a net worth of $12 billion. Also known as Tony Ressler, he earned his fortune in the private equity industry. Tony is a co-founder of both Apollo Global Management and Ares Management, which have $500 billion and $600 billion in assets under management, respectively. Tony was the longtime CEO of Ares. He stepped down from that role in December 2017 and today serves as the firm's Executive Chairman.

Tony is also known for being married to actress Jami Gertz. They have been married since 1990. His fortune is the driving factor that makes the richest celebrity on the planet

Early Life

Antony Ressler was born on October 12, 1960. He is one of five children. Tony earned his B.S.F.S. from Georgetown University and then graduated from Columbia University's Graduate School of Business with an MBA.

Drexel Burnham Lambert

He went on to serve as the Senior Vice President of High Yield Bonds at Michael Milken's Drexel Burnham Lambert Incorporated.

Drexel Burnham Lambert was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken.

The scandal began in 1986, when Ivan Boesky, a former Drexel client, was convicted of insider trading. Boesky implicated Milken and Drexel in his illegal financial dealings, and the Securities and Exchange Commission (SEC) began investigating the firm.

In 1988, Drexel agreed to pay $650 million in fines to settle charges of securities fraud. Milken left the firm the same year, and he was later convicted of six counts of securities fraud and sentenced to 10 years in prison. He served 22 months.

The scandal had a significant impact on the junk bond market, and it led to the bankruptcy of several other investment banks. It also shook public confidence in Wall Street, and it led to increased regulation of the securities industry.

Kevin C. Cox/Getty Images

Apollo Global

In 1990, in the aftermath of Drexel's collapse, Antony co-founded Apollo Global Management with three former Drexel colleagues, Leon Black, Joshua Harris, and Marc Rowan.

Apollo would eventually grow to have more than $500 billion in assets under management. Today, all four co-founders are multi-billionaires. Leon Black owns one of the most-valuable private art collections in the world. Joshua Harris owns the Philadelphia 76ers of the NBA, the New Jersey Devils of the NHL, and the Washington Commanders of the NFL. Marc Rowan became CEO in 2021 after Leon Black stepped aside in the wake of revelations of his connections to Jeffrey Epstein.

Ares Management

In 1997, Antony co-founded Ares Management, LLC, an asset management firm. Today, Ares manages more than $300 billion in assets for a wide variety of companies and individuals. Ares has offices in Los Angeles, London, New York, Stockholm, Frankfurt, Paris, Washington D.C., Shanghai, Atlanta, Dallas, Hong Kong, and Chicago. Antony owns 1/3 of Ares Management.

Personal Life

In 1990, Antony married actress Jami Gertz. The couple has three sons: Oliver, Nick, and Theo. Their primary home base is the Los Angeles area, where they own two incredibly impressive homes. Their main home is a large estate located within the ultra-exclusive Beverly Hills gated community, Beverly Park. Property Records indicate that this home is worth a minimum of $30 million, but it could be worth more than $50 million in the right market. They also own an impressive beachfront mansion in Malibu, on one of the most desirable frontages.

Jami and Tony sit on the boards of multiple non-profit companies, including Cedars-Sinai Medical Center, Campbell Hall Episcopal School, and the Los Angeles County Museum of Art. They are consistently ranked among the most-generous celebrities in the world and the most-generous people in Los Angeles.

Tony's sister Debra is married to Leon Black, Tony's former partner in Apollo Global Management. Leon and Debra are worth $11 billion. They own one of the most-valuable private art collections in the world. Their collection includes one of four original versions of Edvard Munch's The Scream, which they acquired in 2012 for $120 million – a world record at the time.

When Leon and Debra paid $38 million in 2016 for Tom Cruise's Beverly Hills mansion, their real estate agent was Sharyn Gertz—Jami's sister. Coincidentally, Jami and Tom both made their film debut in 1981's "Endless Love."

(Photo by Charley Gallay/Getty Images for LACMA)

Sports Team Ownership

In 2005, Tony was a member of a group of investors who acquired the Milwaukee Brewers for $223 million. Tony and Jami are minority owners in this team.

On April 22, 2015, it was revealed that Jami and Tony Ressler led a group of investors to acquire the NBA's Atlanta Hawks for $730 million. His fellow investors included NBA legend Grant Hill as well as Marquis Jet founder Jesse Itzler and his billionaire wife Sara Blakely (founder of Spanx). Some speculated that after the Clippers sold for $2 billion, the Hawks may have fetched an equally extraordinary purchase price. The acquisition was originally believed to be $1 billion, then $850 million, then $800 million. The most current, accurate number is $730 million.

In 2012, Tony, Jami, and a group of investors made an unsuccessful bid to buy a majority stake in the LA Dodgers.

Philanthropy

Jami Gertz and Tony Ressler are widely recognized as one of the most philanthropic couples in the entertainment and business worlds. Their primary philanthropic vehicle, the Ressler Gertz Family Foundation, distributes tens of millions of dollars annually to causes spanning healthcare, education, and the arts.

Gertz takes a notably hands-on approach to philanthropy, focusing on children's health, educational access, and economic opportunity. She is a founding member of The Painted Turtle Camp, a free camp designed for children facing chronic and life-threatening illnesses, and has served on the board of the Melanoma Research Alliance, the largest nonprofit funder of skin cancer research.

In education, Gertz and Ressler helped launch the Alliance for College-Ready Public Schools, a network of tuition-free charter schools serving thousands of students in underserved Los Angeles communities. Their philanthropic reach also extends deeply into Atlanta through their ownership of the Atlanta Hawks. The couple led a $40 million initiative focused on economic empowerment in the city, including a $5 million contribution to the Russell Center for Innovation and Entrepreneurship to support Black-owned businesses. They have also supported medical research initiatives, particularly through the Prostate Cancer Foundation, where Gertz has matched donations to fund research and promote early detection.

Their impact in the arts is especially significant and long-standing. Gertz and Ressler were among the lead donors to the Los Angeles County Museum of Art's multi-year redevelopment, contributing $50 million toward the construction of the new David Geffen Galleries, part of a broader $700+ million transformation of the museum campus.

In February 2026, ahead of the museum's reopening, LACMA formally announced that the south wing of the new David Geffen Galleries would be named the Ressler Family Wing in recognition of their leadership and financial support. The designation was not a renaming of an existing legacy wing, but rather part of the entirely new Geffen Galleries complex, which replaced several older buildings and reimagined the museum's layout as a single, unified structure.

Ressler's involvement with LACMA spans more than two decades. He joined the museum's board in the early 2000s, later serving as chair of the finance committee and, beginning in 2015, as co-chair of the board of trustees during the critical planning and fundraising phases of the expansion. In that role, he helped oversee the financial strategy behind one of the most ambitious museum construction projects in the United States, working alongside major donors and Los Angeles County officials to bring the project to completion.

Together, Gertz and Ressler were not just financial contributors but central figures in shaping the museum's modern evolution, helping transform LACMA into a global cultural destination with a redesigned campus intended to redefine how art is experienced.

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