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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 additionally a general partner of the English football club Crystal Palace F.C., Crystal Palace and holds a minority stake in Joe Gibbs Racing. Harris 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 (HBS) in 1990, forming Apollo with Leon Black and Marc Rowan following graduation. He headed independent groups that acquired the 76ers in 2011, the Devils in 2013, and the Commanders in 2023. Other companies founded include H ...
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Chevy Chase, Maryland
Chevy Chase () is the colloquial name of an area that includes a town, several incorporated villages, and an unincorporated census-designated place in southern Montgomery County, Maryland; and one adjoining neighborhood in northwest Washington, D.C. Most of these derive from a late-19th-century effort to create a new suburb that its developer dubbed Chevy Chase after a colonial land patent. Primarily residential, Chevy Chase adjoins Friendship Heights, a popular shopping district. It is the home of the Chevy Chase Club and Columbia Country Club, private clubs whose members include many prominent politicians and Washingtonians. The name is derived from ''Cheivy Chace'', the name of the land patented to Colonel Joseph Belt from Charles Calvert, 5th Baron Baltimore, on July 10, 1725. It has historic associations with a 1388 ''chevauchée'', a French word describing a border raid, fought by Lord Percy of England and Earl Douglas of Scotland over hunting grounds, or a " chace", i ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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Work Ethic
Work ethic is a belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities. Desire or determination to work serves as the foundation for values centered on the importance of work or industrious work. Social ingrainment of this value is considered to enhance character through hard work that is respective to an individual's field of work. In ancient Greece, work was seen as a burden, and their term for it, ''ponos'', shared its root with the Latin word ''poena'', signifying sorrow. In Hebrew, work was associated with toil, representing the laborious act of extracting sustenance from the challenging earth. It was viewed as a consequence of the original sin in the Adam and Eve narrative. The Bible in reflects this, stating that due to their transgression, "By the sweat of your brow you will eat your food until you return to the ground." Factors of a good work ethic Proponents of a strong work ethi ...
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Sports
Sport is a physical activity or game, often competitive and organized, that maintains or improves physical ability and skills. Sport may provide enjoyment to participants and entertainment to spectators. The number of participants in a particular sport can vary from hundreds of people to a single individual. Sport competitions may use a team or single person format, and may be open, allowing a broad range of participants, or closed, restricting participation to specific groups or those invited. Competitions may allow a "tie" or "draw", in which there is no single winner; others provide tie-breaking methods to ensure there is only one winner. They also may be arranged in a tournament format, producing a champion. Many sports leagues make an annual champion by arranging games in a regular sports season, followed in some cases by playoffs. Sport is generally recognised as system of activities based in physical athleticism or physical dexterity, with major competi ...
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Sports Business Journal
This is a list of subsidiaries of the American media company Advance Publications Inc. Local media groups The following subsidiaries are owned through Advance Local Advance Media New York *'' The Post-Standard'' (Syracuse, New York) **Syracuse.com **NYup.com ***New York Cannabis Insider **''Central New York Magazine'' Advance Ohio *''The Plain Dealer'' (Cleveland, Ohio) / Cleveland.com Alabama Media Group *AL.com and The Lede **'' The Birmingham News'' (Birmingham, Alabama) **'' The Huntsville Times'' (Huntsville, Alabama) **'' Press-Register'' (Mobile, Alabama) *Alabama Education Lab *Red Clay Media **It's a Southern Thing **This is Alabama **People of Alabama MassLive Media *'' The Republican'' (Springfield, Massachusetts) / MassLive.com MLive Media Group *MLive.com **'' The Ann Arbor News'' (Ann Arbor, Michigan) **'' Bay City Times'' (Bay City, Michigan) **''The Flint Journal'' (Flint, Michigan) **'' Grand Rapids Press'' (Grand Rapids, Michigan) **''Kalamazoo Gazette'' (Ka ...
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Companies House
Companies House is the executive agency of the British Government that maintains the Company register, register of companies, employs the company registrars and is responsible for Incorporation (business), incorporating all forms of Company, companies in the United Kingdom. Prior to 1844, no central company register existed and Company, companies could only be Incorporation (business), incorporated through letters patent and Act of Parliament (UK), legislation. At the time, few incorporated companies existed; between 1801 and 1844, only about 100 companies were incorporated. The Joint Stock Companies Act 1844 created a centralised register of companies, enabled companies to be incorporated by registration, and established the office of the registrar; the Joint Stock Companies Act 1856 mandated separate registrars for each of the three Jurisdictions of the United Kingdom, UK jurisdictions. Initially just a brand, Companies House became an official executive agency in 1988. All P ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net worth can be expressed as the sum of non-financial assets and net financial assets. This concept can apply to companies, individuals, governments, or economic sectors such as the financial corporations sector, or even entire countries. By entity Calculation Net worth is the excess of assets over liabilities. The assets that contribute to net worth can include homes, vehicles, various types of bank accounts, money market accounts, stocks and bonds. The liabilities are financial obligations such as loans, mortgages, and accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the value as exp ...
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Alternative Assets
An alternative investment, also known as an alternative asset or alternative investment fund (AIF), is an investment in any asset class excluding capital stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as precious metals, collectibles ( art, wine, antiques, vintage cars, coins, watches, musical instruments, or stamps) and some financial assets such as real estate, commodities, private equity, distressed securities, hedge funds, exchange funds, carbon credits, venture capital, film production, financial derivatives, cryptocurrencies, non-fungible tokens, and Tax Receivable Agreements. Investments in real estate, forestry and shipping are also often termed "alternative" despite the ancient use of such real assets to enhance and preserve wealth. Alternative investments are to be contrasted with traditional investments. Research As the definition of alternative investments is broad, data and research vary widely across the ...
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Marc Rowan
Marc Jeffrey Rowan (born August 19, 1962) is an American investor and philanthropist. He has served as the chief executive officer (CEO) of Apollo Global Management since 2021. He co-founded the firm in 1990 with Josh Harris and Leon Black. , ''Forbes'' estimated his net worth at $8.8 billion. Early life and education Rowan was born in 1962 to a Jewish family.Jewish Enrichment Center: Marc Rowan Guest Speaker
May 19, 2009 - minute 57:40, ''"I go to the non-Israel part of the Middle East around six times a year..it is evident to all that I am Jewish...and my Palestinian friends all know that I am Jewish and a supporter of Israel"''
He was raised on Long Island, New York. He moved with his family to Hollywood, Florida where he attended high school, traveling between New York.
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Leon Black
Leon David Black (born July 31, 1951) is an American private equity investor. He is the former CEO of Apollo Global Management, which he co-founded in 1990 with Marc Rowan and Josh Harris. Black was the chairman of the Museum of Modern Art from 2018 to 2021. Black resigned from both Apollo Global Management and the Museum of Modern Art in the wake of sexual misconduct allegations and revelations that he had paid $158 million to Jeffrey Epstein. Early life and education Black is a son of Eli M. Black (1921–1975), a Jewish businessman who emigrated from Poland as a child (surname, "Blachowitz") and was the chairman and later majority owner of the United Brands Company. His mother, Shirley Lubell (sister of Tulsa oil executive Benedict I. Lubell) was an artist. In 1975, his father killed himself at age 53.
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Harvard Business School
Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which publishes business books, leadership articles, Case method, case studies, and ''Harvard Business Review'', a monthly academic business magazine. It is also home to the Baker Library/Bloomberg Center, the school's primary library. Harvard Business School is one of six List of Ivy League business schools, Ivy League business schools. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government servi ...
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Wharton School
The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton School is the world's oldest collegiate business school. It is one of six Ivy League Business Schools, and is the business school which has produced the highest number of billionaires in America and the 45th and 47th U.S. president Donald Trump. The Wharton School awards undergraduate and graduate degrees with a school-specific economics major and concentrations in over 18 disciplines in Wharton's academic departments. The undergraduate degree is a general business degree focused on core business skills. At the graduate level, the Master of Business Administration program can be pursued by itself or along with dual studies leading to a joint degree from its law, engineering, and government schools. In addition to its tracks in accounti ...
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