Josh Harris—owner of the NBA’s Philadelphia 76ers, NHL’s New Jersey Devils and NFL’s Washington Commanders—entered 2025 with a knock.
The 76ers and Comcast will collaborate on the construction of a place in the South Philadelphia Sports Complex on Sunday, January 12, after originally being informed of programs for a city Philadelphia arena. That evening, his Leaders, which he bought in July 2023 for an NFL report$ 6 billion, continued their storm of a year with a win over the Tampa Bay Buccaneers in the NFL wild-card square.
Here’s all you need to know about the newest part of the ultra-elite team of NFL users.
Harris is an investor, businessman, sports team user and charity, and he is considered one of the most effective investors in private capital background. He is a co-founder of Apollo Global Management, which merged with Athene in January 2022.
He grew up in Chevy Chase, Md., and attended the Wharton School at the University of Pennsylvania. Before enrolling at Harvard Business School to receive his MBA, he spent two years in New York City working for investment banks Drexel Burnham Lambert. He later launched his own firm, Apollo ( NYSE: APO ), with former Drexel partners Leon Black and Marc Rowan in 1990. ( Tony Ressler, who owns the Atlanta Hawks, is also a co-founder of the firm. )
Harris was formerly a member of the United States Olympic Committee, a panel member of Mount Sinai Hospital, Harvard Business School, and Wharton School, and a member of the Council on Foreign Relations.
The 60-year-old is fair$ 12.2 billion, according to the Bloomberg Billionaires Index.
Through his investment firm, which currently manages about$ 600 billion in assets, Harris accumulated a wealth of cutting deals.
He helped lead Apollo’s initial public offering, and he ultimately cashed out one of the best private capital deals ever to occur in 2008. Apollo’s near-$ 2 billion bet—buying distressed debts of chemical business LyondellBasell—turned out to be a wise move. The value of the investment by Apollo soared to almost$ 12 billion five years after the company went public, and the company filed for bankruptcy a year later.
Apollo exited with almost$ 10 billion in profit.
Harris also founded alternative asset firm 26North, which has more than$ 12 billion in assets. He left Apollo in 2021 to concentrate on his charitable goals and sports investments, but he remained on the table until 2022. He is also the creator of Harris Philanthropies, a volunteer family foundation focusing on youth and community development.
In 2017, Harris and companion and business partner David Blitzer, a top executive at Blackstone Group, formed Harris Blitzer Sports Entertainment. Through HBSE, Harris owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, among different entities. Both Harris and Blitzer own Ripken Baseball ( which recently merged with Cooperstown All-Star Village ) and are interested in English Premier League side Crystal Place.
HBSE, one of the most valuable U. S. activities companies, is also greatly involved in various real estate properties. In addition to other properties in the tri-state place, the business runs the Prudential Center in New Jersey and the Wollman Rink in Central Park. After reaching a settlement that ended years of conflict, HBSE and Comcast announced in January 2025 that they will work together to provide a WNBA team to Philadelphia.
In making the$ 6 billion purchase of the Commanders, Harris and Blitzer, local businessman Mitchell Rales, and Los Angeles Lakers star Magic Johnson collaborated. Los Angeles Sparks managing partner Eric Holoman, Maverick Capital managing partner Lee Ainslie, former Google CEO Eric Schmidt, Blue Owl Capital co-CEO Marc Lipschultz, and the Santo Domingo home are also members of Harris ‘ ownership group.
Additionally, Harris and other members of the Commanders ‘ senior leadership team have been appointed as an unofficial assistant to him and the former Washington trainer, Joe Gibbs Racing, who currently holds a majority stake in NASCAR.