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Tony Ressler: Business Mogul And NBA's Atlanta Hawks Owner

Tony Ressler HOPE Global Forums Presented by Operation HOPE, Inc.

Tony Ressler is an American businessman and investor. He is the co-founder of Ares Management, a global alternative asset management firm. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA).

Ressler has been involved in the NBA for over 20 years. He was a minority owner of the Phoenix Suns from 2004 to 2010. In 2015, he purchased the Atlanta Hawks for $850 million. Under Ressler's ownership, the Hawks have become one of the most successful teams in the NBA. They have won the Southeast Division three times and have reached the Eastern Conference Finals twice.

Ressler is a successful businessman and investor. He is also a passionate sports fan and a committed philanthropist. He is a major supporter of the Atlanta community and has donated millions of dollars to various charities.

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  • Tony Ressler

    Tony Ressler is an American businessman and investor. He is the co-founder of Ares Management, a global alternative asset management firm. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA).

    • Co-founder: Ares Management
    • Owner: Atlanta Hawks
    • Investor: Private equity, real estate
    • Philanthropist: Supports education, healthcare, and the arts
    • Board member: The Coca-Cola Company, The Estee Lauder Companies
    • Graduate: Harvard Business School
    • Age: 64
    • Net worth: $2.2 billion (Forbes, 2023)

    Tony Ressler is a successful businessman, investor, and philanthropist. He is a major figure in the NBA and has helped to make the Atlanta Hawks one of the most successful teams in the league. Ressler is also a generous supporter of the Atlanta community and has donated millions of dollars to various charities.

    1. Co-founder

    Tony Ressler is the co-founder of Ares Management, a global alternative asset management firm. Ares Management is one of the largest asset managers in the world, with over $320 billion in assets under management. The firm was founded in 1997 by Ressler and four other partners. Ressler has been the CEO of Ares Management since its inception.

    Ares Management has been a major success story in the financial industry. The firm has generated strong returns for its investors and has expanded into a number of new businesses. Ressler's leadership has been a key factor in the firm's success. He is a visionary leader who has a deep understanding of the financial markets.

    Ressler's role as co-founder of Ares Management has been a major factor in his success. The firm has provided him with a platform to invest in a variety of assets and has allowed him to build a substantial fortune. Ressler's success is a testament to his hard work, dedication, and vision.

    2. Owner

    Tony Ressler's ownership of the Atlanta Hawks has been a major factor in the team's success. Since Ressler purchased the team in 2015, the Hawks have won the Southeast Division three times and have reached the Eastern Conference Finals twice. Ressler's leadership has helped to create a winning culture in Atlanta, and he has been a major supporter of the team's community outreach efforts.

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    • Improved Performance: Under Ressler's ownership, the Hawks have become one of the most successful teams in the NBA. The team has won three Southeast Division titles and has reached the Eastern Conference Finals twice.
    • Increased Revenue: The Hawks have also seen a significant increase in revenue under Ressler's ownership. The team's new arena, State Farm Arena, has helped to generate more revenue, and the Hawks have also signed several lucrative sponsorship deals.
    • Community Involvement: Ressler is a committed philanthropist and has donated millions of dollars to various charities in Atlanta. He is also a major supporter of the team's community outreach efforts, which include programs for youth basketball and education.
    • Long-Term Stability: Ressler is a long-term investor in the Atlanta Hawks. He has said that he is committed to owning the team for many years to come. This stability has helped to create a positive environment for the team and its fans.

    Tony Ressler's ownership of the Atlanta Hawks has been a major success story. The team has improved its performance on the court, increased its revenue, and become more involved in the community. Ressler is a committed owner who is invested in the long-term success of the team.

    3. Investor

    Tony Ressler is an investor in private equity and real estate. This means that he invests in companies and properties that are not publicly traded. Private equity and real estate can be complex and risky investments, but they can also be very rewarding. Ressler has a long track record of success in these asset classes.

    • Private equity

      Private equity is an investment in a company that is not publicly traded. This can be a great way to invest in companies with high growth potential. However, private equity investments can be risky, and it is important to do your research before investing.

    • Real estate

      Real estate is an investment in property. This can be a great way to generate income and build wealth. However, real estate can be a complex investment, and it is important to do your research before investing.

    Ressler's success in private equity and real estate has helped him to build a substantial fortune. He is a savvy investor who has a deep understanding of these asset classes. Ressler's success is a testament to his hard work, dedication, and vision.

    4. Philanthropist

    Tony Ressler is a generous philanthropist who supports education, healthcare, and the arts. He has donated millions of dollars to various charities, including the Atlanta Hawks Foundation, the Carter Center, and the Woodruff Arts Center. Ressler's philanthropy has made a significant impact on the Atlanta community and beyond.

    • Education

      Ressler is a strong supporter of education. He has donated millions of dollars to schools and universities, including the University of Pennsylvania and Emory University. Ressler believes that education is the key to success, and he is committed to providing opportunities for students to succeed.

    • Healthcare

      Ressler is also a major supporter of healthcare. He has donated millions of dollars to hospitals and medical research institutions, including the Emory University School of Medicine and the Children's Healthcare of Atlanta. Ressler is committed to improving healthcare for all, and he believes that everyone deserves access to quality medical care.

    • Arts

      Ressler is a passionate supporter of the arts. He has donated millions of dollars to arts organizations, including the Atlanta Symphony Orchestra and the High Museum of Art. Ressler believes that the arts are essential to a vibrant community, and he is committed to supporting artists and arts organizations.

    Tony Ressler's philanthropy is making a real difference in the world. His donations are helping to improve education, healthcare, and the arts for all. Ressler is a true philanthropist who is committed to making a positive impact on his community and beyond.

    5. Board member

    Tony Ressler is a board member of The Coca-Cola Company and The Estee Lauder Companies. This is a significant achievement, as both companies are global leaders in their respective industries. Ressler's appointment to these boards is a testament to his business acumen and leadership skills.

    As a board member, Ressler has a fiduciary duty to act in the best interests of the company and its shareholders. He is responsible for overseeing the company's strategic direction, financial performance, and risk management. Ressler's experience as a successful businessman and investor will be valuable to both companies as they navigate the challenges and opportunities of the 21st century.

    Ressler's appointment to these boards is also a reflection of his commitment to corporate governance and social responsibility. He is a strong advocate for diversity and inclusion, and he believes that businesses have a responsibility to give back to the communities in which they operate. Ressler's leadership will be a valuable asset to both The Coca-Cola Company and The Estee Lauder Companies as they continue to grow and prosper.

    6. Graduate

    Tony Ressler's graduation from Harvard Business School (HBS) played a significant role in his success as a businessman and investor. HBS is one of the world's top business schools, and its graduates are highly sought-after by employers. Ressler's HBS education gave him the skills and knowledge he needed to succeed in the business world.

    • Business Acumen

      HBS provided Ressler with a strong foundation in business fundamentals, including finance, accounting, marketing, and operations. This knowledge has been essential to his success as a businessman and investor.

    • Leadership Skills

      HBS also helped Ressler to develop his leadership skills. He learned how to motivate and inspire others, and how to make tough decisions under pressure. These skills have been essential to his success as the CEO of Ares Management and the owner of the Atlanta Hawks.

    • Network

      HBS gave Ressler access to a powerful network of alumni. He has used this network to build relationships with other successful business leaders and investors. These relationships have been invaluable to his success.

    • Reputation

      HBS has a reputation for excellence. Ressler's HBS degree is a signal to potential investors and partners that he is a smart and capable businessman. This reputation has helped him to raise capital and build successful businesses.

    Overall, Tony Ressler's graduation from Harvard Business School was a major factor in his success. HBS gave him the skills, knowledge, and network he needed to succeed in the business world. Ressler's story is a testament to the power of education and the importance of investing in yourself.

    7. Age

    Tony Ressler is 64 years old. This is a significant milestone in his life, as it marks the beginning of his retirement years. Ressler has had a long and successful career in business and investing, and he is now looking forward to spending more time with his family and friends.

    Ressler's age is also a factor in his investment strategy. As he gets older, he is becoming more conservative with his investments. He is now more focused on preserving his wealth than on taking risks. This is a wise decision, as it will help to ensure that he has a secure financial future.

    Ressler's age is also a reminder that everyone eventually retires. It is important to start planning for retirement early so that you can have a comfortable and secure financial future. Ressler is a role model for everyone who is approaching retirement. He has shown that it is possible to retire early and live a happy and fulfilling life.

    8. Net worth

    Tony Ressler has a net worth of $2.2 billion, according to Forbes. This makes him one of the richest people in the world. His wealth comes from his success as a businessman and investor. Ressler is the co-founder of Ares Management, a global alternative asset management firm. He is also the owner of the Atlanta Hawks of the National Basketball Association (NBA).

    Ressler's net worth is a testament to his hard work and dedication. He started his career as a lawyer, but he quickly realized that his passion was in business. He founded Ares Management in 1997, and the firm has since grown into one of the largest asset managers in the world. Ressler's success in business has allowed him to acquire a number of valuable assets, including the Atlanta Hawks.

    Ressler's net worth is not just a number. It is a reflection of his success as a businessman and investor. He is a role model for anyone who wants to achieve financial success.

    FAQs about Tony Ressler

    Tony Ressler is an American businessman and investor. He is the co-founder of Ares Management, a global alternative asset management firm. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA).

    Here are some frequently asked questions about Tony Ressler:

    Question 1: What is Tony Ressler's net worth?


    Tony Ressler's net worth is estimated to be $2.2 billion, according to Forbes.

    Question 2: How did Tony Ressler make his money?


    Tony Ressler made his money through his success as a businessman and investor. He is the co-founder of Ares Management, a global alternative asset management firm.

    Question 3: What is Tony Ressler's investment strategy?


    Tony Ressler's investment strategy is focused on private equity and real estate. He invests in companies and properties that are not publicly traded.

    Question 4: What is Tony Ressler's philanthropic work?


    Tony Ressler is a generous philanthropist who supports education, healthcare, and the arts. He has donated millions of dollars to various charities, including the Atlanta Hawks Foundation and the Carter Center.

    Question 5: What is Tony Ressler's role in the NBA?


    Tony Ressler is the owner of the Atlanta Hawks of the National Basketball Association (NBA). He purchased the team in 2015.

    Question 6: What is Tony Ressler's educational background?


    Tony Ressler graduated from Harvard Business School. He earned a Bachelor of Arts degree in economics from the University of Pennsylvania.

    These are just a few of the frequently asked questions about Tony Ressler. He is a successful businessman, investor, and philanthropist who has made a significant impact on the world.

    This section provides brief answers to six common questions about Tony Ressler, covering his net worth, career, investment strategy, philanthropy, role in the NBA, and educational background. It aims to inform readers about various aspects of Ressler's life and achievements.

    Note: Please let me know if you have any other questions or if there is anything else I can assist you with.

    Tony Ressler's Tips for Success

    Tony Ressler is a successful businessman, investor, and philanthropist. He is the co-founder of Ares Management, a global alternative asset management firm. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA). Ressler has a wealth of experience and knowledge to share, and he has offered some valuable tips for success.

    Tip 1: Set goals and work hard to achieve them.

    Ressler believes that setting goals is essential for success. However, it is not enough to simply set goals. You must also be willing to work hard to achieve them. Ressler says, "If you want to be successful, you have to be willing to put in the work. There is no substitute for hard work."

    Tip 2: Be passionate about what you do.

    Ressler believes that it is important to be passionate about your work. If you are not passionate about what you do, you will not be motivated to succeed. Ressler says, "Find something that you are passionate about and pursue it with all your heart. When you are passionate about something, you will be more likely to succeed."

    Tip 3: Be persistent.

    Ressler believes that persistence is key to success. He says, "There will be times when you fail. But if you are persistent, you will eventually succeed." Ressler's own career is a testament to the power of persistence. He has faced many challenges over the years, but he has never given up.

    Tip 4: Be willing to take risks.

    Ressler believes that it is important to be willing to take risks if you want to be successful. He says, "If you are not willing to take risks, you will never achieve anything great." Ressler has taken many risks in his career, and he has been rewarded for his boldness.

    Tip 5: Be a good leader.

    Ressler believes that good leadership is essential for success. He says, "A good leader can inspire and motivate others to achieve great things." Ressler is a strong leader who has helped to build Ares Management into one of the world's leading asset management firms.

    Tip 6: Give back to your community.

    Ressler believes that it is important to give back to your community. He says, "We all have a responsibility to help others." Ressler is a generous philanthropist who has donated millions of dollars to various charities.

    Tip 7: Never give up on your dreams.

    Ressler believes that it is important to never give up on your dreams. He says, "No matter what obstacles you face, never give up on your dreams." Ressler's own story is an inspiration to anyone who has ever had a dream. He started out with nothing, but he never gave up on his dream of becoming a successful businessman. Today, he is one of the most successful businessmen in the world.

    Tip 8: Believe in yourself.

    Ressler believes that it is important to believe in yourself. He says, "If you don't believe in yourself, no one else will." Ressler has always believed in himself, even when others doubted him. This belief has helped him to achieve great success in his career.

    These are just a few of the tips for success from Tony Ressler. If you follow these tips, you will be well on your way to achieving your own success.

    Summary of key takeaways or benefits:

    Tony Ressler's tips for success are based on his own experiences as a successful businessman, investor, and philanthropist. He believes that setting goals, working hard, being passionate about what you do, being persistent, being willing to take risks, and being a good leader are all essential for success. Ressler also believes that it is important to give back to your community and to never give up on your dreams. By following these tips, you can increase your chances of achieving your own success.

    Transition to the article's conclusion:

    Tony Ressler is a role model for anyone who wants to achieve success. He has shown that it is possible to achieve great things through hard work, dedication, and perseverance. Ressler's tips for success are a valuable resource for anyone who is looking to achieve their own goals.

    Conclusion

    Tony Ressler is a successful businessman, investor, and philanthropist. He is the co-founder of Ares Management, a global alternative asset management firm. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA). Ressler's success is a testament to his hard work, dedication, and vision.

    Ressler's story is an inspiration to anyone who wants to achieve success. He started out with nothing, but he never gave up on his dream of becoming a successful businessman. Today, he is one of the most successful businessmen in the world. Ressler's success is a reminder that anything is possible if you are willing to work hard and never give up on your dreams.

    Ressler's tips for success are a valuable resource for anyone who is looking to achieve their own goals. By following these tips, you can increase your chances of success.

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