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Josh Harris (businessman)
Joshua Jordan Harris (born December 29, 1964) is an American investor and sports team owner. Harris is a co-founder of the private equity firm Apollo Global Management and managing partner of the NBA team Philadelphia 76ers, the NHL team New Jersey Devils, and the NFL team Washington Commanders. He is also a general partner of the English football club Crystal Palace and holds a minority stake in Joe Gibbs Racing. He left Apollo in 2022 to focus on Harris Blitzer Sports & Entertainment, which he formed with David Blitzer in 2017 as a holding company for their shared sports properties.
Harris earned a degree in economics from the Wharton School at the University of Pennsylvania in 1986 and an MBA from Harvard Business School four years later, forming Apollo with Leon Black and Marc Rowan following graduation. Harris headed independent groups that acquired the 76ers in 2011, the Devils in 2013, and the Commanders in 2023. Other companies founded include Harris Philanthropies in 2014 and the alternative assets firm 26North in 2022. Harris has an estimated net worth of $12 billion as of 2026[update].
Harris was born on December 29, 1964, in Chevy Chase, Maryland. He played several sports as a youth and considers them as having developed his work ethic, citing his favorite as wrestling. Harris graduated from The Field School in Washington, D.C. in 1982. He attended the University of Pennsylvania School of Arts and Sciences in Philadelphia before transferring as a freshman to the Wharton School to study economics after discovering an affinity for statistics. Harris graduated summa cum laude with a Bachelor of Science degree in 1986. He represented the Penn Quakers as a 118-pound collegiate wrestler and once matched with future Olympic gold medalist Bobby Weaver. During summer vacations in 1983 and 1984, Harris managed operations of a lemonade stand business with locations at the National Zoo and Farragut North station in Washington, D.C. He is a member of the Sigma Alpha Epsilon fraternity.
Harris moved to New York City in 1986 to work as a mergers and acquisitions analyst at the Wall Street investment bank Drexel Burnham Lambert. He left after two years to attend Harvard Business School and received a Master of Business Administration degree (MBA) as a Baker Loeb Scholar, an honor given to the top 5% of the school's graduating class, in 1990. The same year, Drexel filed for bankruptcy due to engaging in illegal junk bond activity during the early 1990s recession. Harris worked two months at Blackstone before leaving to establish the private equity firm Apollo Global Management later that year with former Drexel partners Leon Black and Marc Rowan. In 2008, Harris led a $2 billion investment into the multinational chemical company LyondellBasell, which he sold in November 2013 for a profit of $9.6 billion, one of the largest gains in private equity history. In April 2009, Harris was ordered to pay $30 million in a settlement to Huntsman Corporation after Apollo was sued for backing out of a merger with them the previous year.
Harris met with Jared Kushner, a senior advisor in the first Trump administration, throughout 2017 to advise with infrastructure policy. A potential White House job was dicussued prior to agreeing to loan $184 million to Kushner's private real estate firm Kushner Companies through Apollo. In May 2021, he announced he was stepping down from his day-to-day responsibilities at Apollo after being passed over as CEO for Marc Rowan, with his large personal focus on sports investments also reportedly becoming a source of tension within the company. The position had been made available after Leon Black announced he would be stepping down due to an investigation finding he had paid $158 million to convicted sex offender Jeffrey Epstein between 2012 and 2017 for advice on taxes and estate planning. He stepped down as senior managing director at Apollo in January 2022 and remained on their board of directors until his term ended in October. Black included Harris in a civil racketeering lawsuit the same year, alleging that he led a group within Apollo attempting to tarnish his reputation after his ties to Epstein were reported. Harris denied the claims, with federal judge Paul Engelmayer dismissing the suit that June for lack of evidence. Black would appeal before a court upheld the decision in March 2023. Harris founded the alternative asset firm 26North in September 2022, hiring former Brookfield Asset Management, Lehman Brothers, and Goldman Sachs executives as partners. The firm offers direct lending and invests primarily in private equity, credit, and insurance companies, holding over $35 billion in assets under management as of 2026[update].
Harris is on the board of trustees of Mount Sinai Health System, Wharton, and Harvard Business School, and is a member of the Council on Foreign Relations think tank. He previously served on the Investor Advisory Committee on Financial Markets for the New York Federal Reserve, as vice president and treasurer of the Allen-Stevenson School, and on the board of the United States Olympic Committee. His family office, HRS Management, was the largest investor in the American political newspaper The Hill before selling to Nexstar Media Group in August 2021. In 2022, Harris invested $10 million in the Philadelphia-based real estate company Mosaic Development Partners and formed a joint venture with Canvas Property Group through HMS Management with the intention to buy over $1 billion worth of properties. He and investors Mark Penn, James Tisch, and Thomas Peterffy contributed to a $50 million startup fund in 2023 for The Messenger, an American news website that went defunct a year later.
Harris began contemplating investing in sports after meeting senior Blackstone executive David Blitzer while working in London in 2008. Those talks led to the pair forming an investment group that, in October 2011, acquired the Philadelphia 76ers of the National Basketball Association (NBA) from Comcast Spectacor for $280 million. Harris presided over an era in 76ers history known as "The Process", in which the team tanked for improved NBA draft lottery odds. The Process was unpopular with other team owners and league executives, who lobbied NBA commissioner Adam Silver to step in due to the 76ers' poor performance affecting league-wide revenue sharing. Harris would eventually agree to a suggestion by Silver to hire former Phoenix Suns owner Jerry Colangelo as team chairman in December 2015, with general manager Sam Hinkie, credited with spearheading "The Process", stepping down in April 2016. Joel Embiid, the 2022–23 NBA Most Valuable Player, was among the players taken during the era. The 76ers were valued at $6.1 billion in 2026.
In August 2013, Harris and Blitzer acquired the New Jersey Devils of the National Hockey League (NHL) from Jeff Vanderbeek for $320 million. The deal included operating rights to their home venue, the Prudential Center. The Devils were valued at $2.4 billion in 2025, with the Prudential Center ranked among the highest-grossing arenas globally. He purchased an 18% stake in the English football club Crystal Palace in December 2015, which is operated as a general partnership consisting of himself, Blitzer, John Textor, and club chairman Steve Parish. In September 2016, Harris and Blitzer acquired the esports organizations Dignitas and Apex Gaming through the 76ers and merged them under the Dignitas brand.
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Josh Harris (businessman)
Joshua Jordan Harris (born December 29, 1964) is an American investor and sports team owner. Harris is a co-founder of the private equity firm Apollo Global Management and managing partner of the NBA team Philadelphia 76ers, the NHL team New Jersey Devils, and the NFL team Washington Commanders. He is also a general partner of the English football club Crystal Palace and holds a minority stake in Joe Gibbs Racing. He left Apollo in 2022 to focus on Harris Blitzer Sports & Entertainment, which he formed with David Blitzer in 2017 as a holding company for their shared sports properties.
Harris earned a degree in economics from the Wharton School at the University of Pennsylvania in 1986 and an MBA from Harvard Business School four years later, forming Apollo with Leon Black and Marc Rowan following graduation. Harris headed independent groups that acquired the 76ers in 2011, the Devils in 2013, and the Commanders in 2023. Other companies founded include Harris Philanthropies in 2014 and the alternative assets firm 26North in 2022. Harris has an estimated net worth of $12 billion as of 2026[update].
Harris was born on December 29, 1964, in Chevy Chase, Maryland. He played several sports as a youth and considers them as having developed his work ethic, citing his favorite as wrestling. Harris graduated from The Field School in Washington, D.C. in 1982. He attended the University of Pennsylvania School of Arts and Sciences in Philadelphia before transferring as a freshman to the Wharton School to study economics after discovering an affinity for statistics. Harris graduated summa cum laude with a Bachelor of Science degree in 1986. He represented the Penn Quakers as a 118-pound collegiate wrestler and once matched with future Olympic gold medalist Bobby Weaver. During summer vacations in 1983 and 1984, Harris managed operations of a lemonade stand business with locations at the National Zoo and Farragut North station in Washington, D.C. He is a member of the Sigma Alpha Epsilon fraternity.
Harris moved to New York City in 1986 to work as a mergers and acquisitions analyst at the Wall Street investment bank Drexel Burnham Lambert. He left after two years to attend Harvard Business School and received a Master of Business Administration degree (MBA) as a Baker Loeb Scholar, an honor given to the top 5% of the school's graduating class, in 1990. The same year, Drexel filed for bankruptcy due to engaging in illegal junk bond activity during the early 1990s recession. Harris worked two months at Blackstone before leaving to establish the private equity firm Apollo Global Management later that year with former Drexel partners Leon Black and Marc Rowan. In 2008, Harris led a $2 billion investment into the multinational chemical company LyondellBasell, which he sold in November 2013 for a profit of $9.6 billion, one of the largest gains in private equity history. In April 2009, Harris was ordered to pay $30 million in a settlement to Huntsman Corporation after Apollo was sued for backing out of a merger with them the previous year.
Harris met with Jared Kushner, a senior advisor in the first Trump administration, throughout 2017 to advise with infrastructure policy. A potential White House job was dicussued prior to agreeing to loan $184 million to Kushner's private real estate firm Kushner Companies through Apollo. In May 2021, he announced he was stepping down from his day-to-day responsibilities at Apollo after being passed over as CEO for Marc Rowan, with his large personal focus on sports investments also reportedly becoming a source of tension within the company. The position had been made available after Leon Black announced he would be stepping down due to an investigation finding he had paid $158 million to convicted sex offender Jeffrey Epstein between 2012 and 2017 for advice on taxes and estate planning. He stepped down as senior managing director at Apollo in January 2022 and remained on their board of directors until his term ended in October. Black included Harris in a civil racketeering lawsuit the same year, alleging that he led a group within Apollo attempting to tarnish his reputation after his ties to Epstein were reported. Harris denied the claims, with federal judge Paul Engelmayer dismissing the suit that June for lack of evidence. Black would appeal before a court upheld the decision in March 2023. Harris founded the alternative asset firm 26North in September 2022, hiring former Brookfield Asset Management, Lehman Brothers, and Goldman Sachs executives as partners. The firm offers direct lending and invests primarily in private equity, credit, and insurance companies, holding over $35 billion in assets under management as of 2026[update].
Harris is on the board of trustees of Mount Sinai Health System, Wharton, and Harvard Business School, and is a member of the Council on Foreign Relations think tank. He previously served on the Investor Advisory Committee on Financial Markets for the New York Federal Reserve, as vice president and treasurer of the Allen-Stevenson School, and on the board of the United States Olympic Committee. His family office, HRS Management, was the largest investor in the American political newspaper The Hill before selling to Nexstar Media Group in August 2021. In 2022, Harris invested $10 million in the Philadelphia-based real estate company Mosaic Development Partners and formed a joint venture with Canvas Property Group through HMS Management with the intention to buy over $1 billion worth of properties. He and investors Mark Penn, James Tisch, and Thomas Peterffy contributed to a $50 million startup fund in 2023 for The Messenger, an American news website that went defunct a year later.
Harris began contemplating investing in sports after meeting senior Blackstone executive David Blitzer while working in London in 2008. Those talks led to the pair forming an investment group that, in October 2011, acquired the Philadelphia 76ers of the National Basketball Association (NBA) from Comcast Spectacor for $280 million. Harris presided over an era in 76ers history known as "The Process", in which the team tanked for improved NBA draft lottery odds. The Process was unpopular with other team owners and league executives, who lobbied NBA commissioner Adam Silver to step in due to the 76ers' poor performance affecting league-wide revenue sharing. Harris would eventually agree to a suggestion by Silver to hire former Phoenix Suns owner Jerry Colangelo as team chairman in December 2015, with general manager Sam Hinkie, credited with spearheading "The Process", stepping down in April 2016. Joel Embiid, the 2022–23 NBA Most Valuable Player, was among the players taken during the era. The 76ers were valued at $6.1 billion in 2026.
In August 2013, Harris and Blitzer acquired the New Jersey Devils of the National Hockey League (NHL) from Jeff Vanderbeek for $320 million. The deal included operating rights to their home venue, the Prudential Center. The Devils were valued at $2.4 billion in 2025, with the Prudential Center ranked among the highest-grossing arenas globally. He purchased an 18% stake in the English football club Crystal Palace in December 2015, which is operated as a general partnership consisting of himself, Blitzer, John Textor, and club chairman Steve Parish. In September 2016, Harris and Blitzer acquired the esports organizations Dignitas and Apex Gaming through the 76ers and merged them under the Dignitas brand.
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