Josh Harris (businessman)

Last updated

Josh Harris
Josh Harris WAS-NYG NOV2023 (cropped).jpg
Harris in 2023
Born
Joshua Jordan Harris

(1964-12-29) December 29, 1964 (age 60)
Chevy Chase, Maryland, U.S.
Education
Occupations
Employers
Organizations
Title
Board member of
Spouse
Marjorie Harris
​
(m. 1995)​
Children5

Joshua Jordan Harris (born December 29, 1964) is an American investor, sports team owner, and philanthropist. He is a co-founder of the private equity firm Apollo Global Management and managing partner of the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, and the NFL's Washington Commanders. Harris is also a general partner of the English football club Crystal Palace and holds a minority stake in Joe Gibbs Racing. He has an estimated net worth of over US$11 billion.

Contents

Harris was born and raised in Chevy Chase, Maryland. He graduated with a degree in economics from the Wharton School at the University of Pennsylvania in 1986 before earning an MBA from Harvard Business School (HBS), working two years at the former investment bank Drexel Burnham Lambert in between. He founded Apollo with Leon Black and Marc Rowan in 1990 and later managed its daily operations until leaving in 2022 to focus on sports investments, done frequently in partnership with David Blitzer.

Harris headed investment groups that acquired the 76ers in 2011, the Devils and Prudential Center in 2013, and the Commanders and Northwest Stadium in 2023. Other companies founded by him include Harris Philanthropies in 2014, Harris Blitzer Sports & Entertainment with Blitzer in 2017, and the alternative assets firm 26North in 2022. Harris sits on the board of the Mount Sinai Health System, Wharton, and HBS, is a member of the Council on Foreign Relations, and formerly served as treasurer of the Allen-Stevenson School.

Early life

Harris was born on December 29, 1964, in Chevy Chase, Maryland. [1] [2] He grew up in Chevy Chase playing several sports and considers them as having developed his work ethic. [3] He cited his favorite as wrestling after winning a summer camp tournament at the age of nine. [4] Harris graduated from The Field School in Washington, D.C. [3] [5] In 1982, he enrolled at the University of Pennsylvania School of Arts and Sciences in Philadelphia, and then transferred to the university's Wharton School during his freshman year after discovering an affinity for statistics. He graduated summa cum laude with a Bachelor of Science degree in economics in 1986. [3] [6] [7] As a freshman, Harris represented the Penn Quakers as a 118-pound collegiate wrestler and once matched with future Olympic gold medalist Bobby Weaver. [5] During summer vacations in 1983 and 1984, he managed operations of a lemonade stand business with locations at the National Zoo and Farragut North station in Washington, D.C. [3] [8] Harris is a member of the Sigma Alpha Epsilon fraternity. [3] [4]

Career

Private equity and finance

The Solow Building in New York City, headquarters of Apollo Global Management Solow Building New York August 2012.jpg
The Solow Building in New York City, headquarters of Apollo Global Management

Harris relocated to New York City in 1986 to work as a mergers and acquisitions analyst at the Wall Street investment bank Drexel Burnham Lambert. [4] [9] He left after two years to attend Harvard Business School (HBS) 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. [10] The same year, Drexel filed for bankruptcy due to engaging in illegal junk bond activity amid an ongoing 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. [10] 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. [11] [12] 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. [13]

Throughout 2017, Harris met with senior Trump administration advisor Jared Kushner to advise with infrastructure policy, with a potential White House job being discussed prior to Apollo loaning $184 million to Kushner's private real estate firm Kushner Companies. [14] 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. [15] 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. [16] 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. [15] [17] 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. [18] Harris denied the claims, with federal judge Paul Engelmayer dismissing the suit that June for lack of evidence. [19] Black would appeal before a court upheld the decision in March 2023. [18] Harris founded the alternative asset firm 26North in September 2022, hiring former Brookfield Asset Management, Lehman Brothers, and Goldman Sachs executives as partners. [20] The firm offers direct lending and invests primarily in private equity, credit, and insurance companies, holding $22 billion in total assets under management as of May 2024. [20] [21]

Harris is on the board of trustees of Mount Sinai Health System, Wharton, and Harvard Business School, [22] and serves on the Council on Foreign Relations. [23] He previously served on the Investor Advisory Committee on Financial Markets for the New York Federal Reserve, [24] as vice president and treasurer of the Allen-Stevenson School, [25] and on the board of the United States Olympic Committee. [23] His family office, HRS Management, was the largest investor in the American political newspaper The Hill until selling to Nexstar Media Group in August 2021. [26] 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 stated goal of buying more than $1 billion worth of properties. [27] [28] In 2023, he and investors Mark Penn, James Tisch, and Thomas Peterffy contributed $50 million to a startup fund for The Messenger , a now defunct American news website. [29] [30]

Sports management

Ben Simmons dunk 2019 (cropped 2).jpg
Akira Schmid 2023 12 07.jpg
Harris is managing partner of the Philadelphia 76ers (above, blue) and co-managing partner of the New Jersey Devils (below).

Harris began contemplating investing in sports after meeting senior Blackstone executive David Blitzer in 2008 while working in London. [31] [32] Those talks led to the pair forming an investment group that, in 2011, bought the Philadelphia 76ers of the National Basketball Association (NBA) from Comcast Spectacor for $280 million. [33] Other minor investors included Art Wrubel, Jason Levien, Adam Aron, Martin Geller, David Heller, James Lassiter, Marc Leder, Michael Rubin, Will Smith, Jada Pinkett Smith, and Erick Thohir. [34] [35] Harris presided over an era in 76ers history known as "The Process", in which the team tanked for better NBA draft lottery odds. [36] [37] Supporting a plan formed by general manager Sam Hinkie, the 76ers went 19–63 during the 2013–14 season, [38] 18–64 in 2014–15, [39] and 10–72 in 2015–16, the latter being the third-worst record in NBA history. [40] The Process was unpopular with NBA executives and team owners, who lobbied league commissioner Adam Silver to step in due to the 76ers' poor performance affecting league revenue sharing. [41] [42] Harris would eventually agree to a suggestion by Silver to hire Jerry Colangelo, former owner of the Phoenix Suns, as team chairman in December 2015 with Hinkie stepping down in April 2016. [41] [43] Joel Embiid, 2014 draft selection and future NBA MVP, was among the players taken during the era, with the team having made five straight postseason appearances starting with the 2017–18 season. [44] [40] The 76ers were valued at $4.13 billion by Sportico in 2023. [45]

In 2013, Harris and Blitzer bought the New Jersey Devils of the National Hockey League (NHL) and their arena, the Prudential Center, from Jeff Vanderbeek for $320 million. [46] The franchise was valued at $1.17 billion by Sportico in 2023, with the Prudential Center grossing $85 million in 2022, ranking it among the highest-grossing arenas globally. [47] [48] He bought an 18% stake in the English football club Crystal Palace in December 2015, which is operated as a general partnership alongside Blitzer, Steve Parish, and John Textor. [49] [50] In September 2016, Harris and Blitzer bought the esports organizations Dignitas and Apex Gaming through the 76ers and merged them under the Dignitas brand. [51] In September 2017, the pair founded Harris Blitzer Sports & Entertainment (HBSE) to consolidate their sports ventures. [52] The company was valuated by Forbes at $11.86 billion in 2024. [53] In addition to the 76ers and Devils, HBSE also owns the Delaware Blue Coats of the NBA G League and the Utica Comets of the American Hockey League, HBSE Real Estate, the venture capital firm HBSE Ventures, [54] and the event and marketing firm Elevate Sports Ventures. [55] In June 2020, Harris and Blitzer bought a combined $140 million stake in the Pittsburgh Steelers of the National Football League (NFL). [56] In 2022, he headed a group consisting of Blitzer, airline executive Martin Broughton, politician and Olympic gold medalist Sebastian Coe, tennis player Serena Williams, and racing driver Lewis Hamilton that pursued a bid to purchase Chelsea of the Premier League before it was sold to Todd Boehly and Clearlake Capital for €4.25 billion ($4.5 billion). [57] [58] He also pursued a bid the same year for the New York Mets of Major League Baseball (MLB) before it was sold to Steve Cohen for $2.4 billion. [59] [60] In 2023, Harris and Blitzer explored buying stakes in the English football club Manchester United. [61]

Maryland governor Wes Moore and Harris at a Washington Commanders game, 2023 Ravens Vs Commanders (53133898142).jpg
Maryland governor Wes Moore and Harris at a Washington Commanders game, 2023

In 2023, Harris headed a group that purchased the NFL's Washington Commanders and Northwest Stadium from Daniel Snyder for $6.05 billion. [62] [63] The group has 20 limited partners, including Danaher and Glenstone founder Mitchell Rales, Hall of Fame basketball player and entrepreneur Magic Johnson, and D.C. venture capitalist Mark Ein. [64] [65] Harris and Johnson had bid on the NFL's Denver Broncos the previous year before it was sold to a group headed by Walmart executives Rob Walton and Greg Penner. [66] [67] He was the third limited partner of the Steelers since 2012 to become majority owner of another NFL team, joining Jimmy Haslam of the Cleveland Browns and David Tepper of the Carolina Panthers. [68] Around the same time, he bought a minority stake in Joe Gibbs Racing by way of HBSE. [69] In 2024, the pair sold their stake in the Steelers to Art Rooney II and Thomas Tull as NFL rules mandate a majority owner can not hold interest in another team. [70] Harris and Blitzer have also invested in youth sports brands, forming Unrivaled Sports as a parent company in March 2024 with capital from The Chernin Group. [71] [72]

Harris employs general managers to operate his teams and venues. [8] [40] He invests heavily in sports science and analytics, with 76ers president of basketball operations Daryl Morey being a leading proponent of the field. [73] [74] In March 2020, Harris and Blitzer committed to pay Prudential Center employees for any canceled events due to the outbreak of the COVID-19 pandemic, which saw the NBA and NHL suspend operations for much of the year. [75] The same month, he introduced plans to reduce salaries of HBSE, 76ers, and Devils employees making over $100,000 by 20% but reversed the decision within a week after receiving public criticism, including an effort by 76ers player Joel Embiid to cover the losses of those affected. [76] [77]

Properties

List of sports teams owned
TeamLeagueAcquiredNotes
Philadelphia 76ers National Basketball Association (NBA)2011Managing partner with David Blitzer under Harris Blitzer Sports & Entertainment (HBSE). Includes the Delaware Blue Coats of the NBA G League.
New Jersey Devils National Hockey Association (NHL)2013Co-managing partner under HBSE. Includes the Prudential Center and the Utica Comets of the American Hockey League.
Crystal Palace F.C. Premier League (EPL)2015General partner with Steve Parish, John Textor, and Blitzer; 18% stake.
Joe Gibbs Racing NASCAR 2023Limited partner under HBSE.
Washington Commanders National Football League (NFL)Managing partner; includes Northwest Stadium.

Personal life

Harris' wife Marjorie, 2023 Marjorie Harris 2023.jpg
Harris' wife Marjorie, 2023

Harris' paternal and maternal grandparents immigrated to the U.S. from Russian territories in the early 20th century. [78] His father Jacob was an orthodontist and his mother Sylvia was a schoolteacher; he has a younger brother named Gabe. [8] [79] Harris is Jewish and follows the Reform Judaism denomination. He held his bar mitzvah at the Washington Hebrew Congregation in 1977 and spent three weeks working in Yahel, a Reform kibbutz in Israel, on a NFTY-sponsored trip in high school. [78] He married Marjorie Harris (née Rubin) in 1995. [10] [80] The couple met at Harvard and have three sons and two daughters together: Hannah, Stuart, Thomas, Pierce, and Bridget. [81] [82] Harris and fellow Chevy Chase native and businessman Mark Ein have been close friends since elementary school; they later attended Wharton and Harvard together and shared beach houses on Long Island during their time working on Wall Street. [3] [32]

Harris grew up a fan of local sports teams, attending Washington Redskins games at RFK Stadium and Washington Bullets games at the Capital Centre with his family. [3] [81] [83] Harris received the Outstanding American Award from the National Wrestling Hall of Fame in 2013. [84] He also competes in marathons and triathlons, finishing the 2010 New York City Marathon in 3:53:41 and the 2011 Philadelphia Marathon in 3:48:12. [10] [85] [86] Harris threw the ceremonial first pitch at a Washington Nationals baseball game in September 2023. [87]

Harris was inducted into Kappa Beta Phi, a Wall Street fraternity, in 2011. [88] In November 2017, he bought the Dommerich Mansion, a 21,000-square-foot townhouse in the Upper East Side of New York City, for $52 million. [89] In July 2021, he bought a 9,100-square-foot mansion in Miami Beach from Marcelo Claure for $32 million. [90] Harris frequently uses private helicopters to attend games. Due to a scheduling error, he once caused the cancellation of a youth soccer match being held at Newark's St. Benedict's Preparatory School, as the field is sometimes used as a helipad. [91] His net worth was estimated in early 2025 to be $11.1 billion by Forbes and $12.6 billion by the Bloomberg Billionaires Index . [92] [93] He held $2.54 billion in Apollo shares as of June 2023. [94]

Philanthropy

Harris and his wife founded Harris Philanthropies, a nonprofit organization based in New York City, in 2014. [95] [96] He established the $5 million Harris Center for Precision Wellness at New York's Icahn Genomics Institute in 2015. [97] Between 2015 and 2020, Harris donated a total of $3.5 million to the Philadelphia Police Athletic League chapter, $648,950 to the Republican Party, and $190,150 to the Democratic Party. [98] [99] He has been partnered with After-School All-Stars since 2016, providing a $1 million grant for six schools in Newark, Philadelphia, and Camden. [100] Harris has also supported the University of Pennsylvania with several donations and sponsorships, including $1 million to the Penn Quakers wrestling program, forming the Harris Family Endowed Scholarship program for undergraduate students from the nearby Washington, D.C., area, and establishing the $10 million Harris Family Alternative Investments program. [7] [101] He has also participated in forums and panels hosted by organizations such as the Milken Institute, the MIT Sloan Sports Analytics Conference, and the Economic Club of Washington, D.C. [102] [103] [104]

Harris has contributed to socioeconomic programs in Israel through sports, including founding a youth basketball league known as the 48ers and funding a project integrating Ethiopian Jews to the country. [105] [106] During the COVID-19 pandemic, he donated over $7 million worth of food and medical supplies to Philadelphia-based groups and organizations. [107] [108] [109] Harris through HBSE committed $20 million to fight racial injustice in wake of the 2020 George Floyd protests. [110] He donated $2 million the same year to The Bridgespan Group to expand their nonprofit programs in Philadelphia and Camden. [95] In 2022, he established the $5 million Harris Family Fund for Sports Management and Alternative Investments program at Harvard Business School, [111] and donating to the Reform Alliance, [112] several Philadelphia-area homeless shelters, [113] and mobile cancer clinics to the Miller School of Medicine at the University of Miami. [114] The same year, Harris donated $1 million to Fund for Health, a health inequity collaboration fund by Penn Med and Wharton, with another million to Penn Med to promote student diversity in clinical medicine and biomedical research. [115] [116]

References

  1. ↑ "Joshua Jordan HARRIS". gov.uk . Companies House. Archived from the original on April 3, 2023. Retrieved April 3, 2023.
  2. ↑ "Commanders notch first playoff berth under Harris". Sports Business Journal . December 30, 2024. Archived from the original on December 30, 2024. Retrieved December 30, 2024.
  3. 1 2 3 4 5 6 7 Elfin, David (July 6, 2015). "Q&A with the Owners of the Philadelphia 76ers, New Jersey Devils and Washington Kastles". MoCo360 . Archived from the original on March 22, 2023. Retrieved March 22, 2023.
  4. 1 2 3 Wang, Jennifer (November 7, 2017). "It All Started With Wrestling, Says Billionaire Owner of Philadelphia 76ers". Forbes . Archived from the original on July 9, 2023. Retrieved May 8, 2023.
  5. 1 2 Zeitlin, Dave (July 12, 2018). "Thankful for lessons learned as a Penn wrestler, Sixers owner Josh Harris gives back to his alma mater" . The Athletic . Archived from the original on February 17, 2024. Retrieved February 17, 2024.
  6. ↑ Lynn, Carter (November 29, 2020). "Career businessmen and Wharton alums Josh Harris and Steve Cohen are now sports owners". The Daily Pennsylvanian . Archived from the original on April 29, 2021. Retrieved April 29, 2021.
  7. 1 2 Aneja, Anushree (February 2019). "Wharton receives $10 million from 76ers owner and alum Joshua Harris". The Daily Pennsylvanian . University of Pennsylvania. Archived from the original on August 10, 2020. Retrieved August 24, 2020.
  8. 1 2 3 Maese, Rick (May 7, 2012). "Josh Harris, Philadelphia 76ers owner, has roots in Washington" . The Washington Post . Retrieved July 8, 2023.
  9. ↑ Unger, Mike (October 26, 2023). "Josh Harris' quest to bring back the glory days of the Washington Commanders". MoCo360 . Archived from the original on October 27, 2023. Retrieved October 28, 2023.
  10. 1 2 3 4 Gottfried, Miriam (October 31, 2020). "A $433 Billion Wall Street Giant Has a Reputation Problem. It's Josh Harris's Job to Fix It" . The Wall Street Journal . ISSN   0099-9660. Archived from the original on November 16, 2020. Retrieved November 15, 2020.
  11. ↑ Vardi, Nathan (July 30, 2014). "How One Billionaire's Bet On LyondellBasell Turned Into The Greatest Deal In Wall St. History" . Forbes . Archived from the original on December 17, 2017. Retrieved July 14, 2020.
  12. ↑ Carey, David (June 25, 2013). "Apollo Fueled by $9.6 Billion Profit on Debt Beats Peers" . Bloomberg News . Archived from the original on November 11, 2020. Retrieved October 5, 2020.
  13. ↑ Pearson, Sophia; Calkins, Laurel (April 16, 2009). "Apollo Founders Must Face Huntsman Suit, Judge Says". Bloomberg News . Archived from the original on September 9, 2023. Retrieved July 16, 2023.
  14. ↑ Drucker, Jesse; Kelly, Kate; Protess, Ben (February 28, 2018). "Kushner's Business Got Loans After White House Meetings" . The New York Times . Archived from the original on March 1, 2018. Retrieved March 1, 2018.
  15. 1 2 Sullivan, Casey; Cuccinello, Hayley (September 20, 2022). "Inside billionaire Josh Harris' final years at Apollo, where former employees said his personal investments caused tensions" . Business Insider . Archived from the original on March 29, 2023. Retrieved March 29, 2023.
  16. ↑ DiNapoli, Jessica; Oguh, Chibuike (May 20, 2021). "Apollo co-founder Josh Harris to step down from private equity firm". Reuters . Archived from the original on April 15, 2023. Retrieved April 15, 2023.
  17. ↑ "Apollo Co-Founder Josh Harris to Not Stand for Re-Election to the Board of Apollo Global Management". Sovereign Wealth Fund Institute . August 11, 2022. Archived from the original on April 15, 2023. Retrieved April 15, 2023.
  18. 1 2 Van Voris, Bob (March 2, 2023). "Leon Black Loses Bid to Revive Conspiracy Suit Against Apollo Co-Founder Josh Harris". Bloomberg News . Archived from the original on May 13, 2023. Retrieved July 16, 2023.
  19. ↑ Van Voris, Bob; Perlberg, Heather (June 30, 2022). "Leon Black's Conspiracy Suit Tossed as 'Glaringly Deficient'". Bloomberg News. Archived from the original on November 7, 2023. Retrieved March 12, 2024.
  20. 1 2 Vandevelde, Mark (September 9, 2022). "Apollo veteran Josh Harris launches $5bn investment group". Financial Times . Archived from the original on May 13, 2023. Retrieved March 12, 2024.
  21. ↑ Sage, John (May 7, 2024). "Harris' 26North Inks $5 Billion Insurance Deal, Growing Assets". Bloomberg News . Retrieved June 2, 2024.
  22. ↑ "Josh Harris". hbse.com. Archived from the original on October 5, 2023. Retrieved March 12, 2024.
  23. 1 2 "Josh Harris, W'86". whartonnewyork18.com. Archived from the original on August 8, 2020. Retrieved August 17, 2020.
  24. ↑ "New York Fed Announces Creation of the Investor Advisory Committee on Financial Markets" (Press release). Federal Reserve Bank of New York. July 24, 2009. Archived from the original on October 8, 2022. Retrieved April 12, 2023.
  25. ↑ "Allen-Stevenson School". ProPublica . May 9, 2013. Archived from the original on July 16, 2023. Retrieved July 16, 2023.
  26. ↑ Coope, Rebecca (August 23, 2021). "The Hill media company sells to massive TV station conglomerate". Washington Business Journal. Archived from the original on August 24, 2021. Retrieved April 17, 2023.
  27. ↑ Adelman, Jacob (January 20, 2022). "Sixers owner invests $10M into Philly's Mosaic in bid to build firm into Black-owned real estate juggernaut" . The Philadelphia Inquirer . Archived from the original on July 13, 2023. Retrieved July 16, 2023.
  28. ↑ Bockmann, Rich (July 13, 2022). "Apollo co-founder Harris teams up with Morgenstern for multifamily buying spree" . The Real Deal . Archived from the original on April 8, 2023. Retrieved April 8, 2023.
  29. ↑ Mullin, Benjamin (March 10, 2023). "The Messenger, a Media Start-Up, Aims to Build a Newsroom Fast" . The New York Times . Archived from the original on May 8, 2023. Retrieved May 21, 2023.
  30. ↑ Mullin, Benjamin (January 31, 2024). "The Messenger to Close After Less Than a Year" . The New York Times . Archived from the original on January 31, 2024. Retrieved February 3, 2024.
  31. ↑ Shelburne, Ramona (September 26, 2023). "Why the Commanders' $6 billion bidding war was one Josh Harris had to win". ESPN . Archived from the original on September 29, 2023. Retrieved September 30, 2023.
  32. 1 2 Jhabvala, Nicki (July 23, 2023). "How Josh Harris's Washington roots inspired him to buy the Commanders" . The Washington Post . Archived from the original on September 9, 2023. Retrieved July 23, 2023.
  33. ↑ "76ers officially sold to new owners". ABC13 . October 18, 2011. Archived from the original on March 28, 2023. Retrieved March 28, 2023.
  34. ↑ Fagan, Kate (August 2, 2011). "Those who know him say Joshua Harris, soon-to-be Sixers owner, lives for competition and success" . The Philadelphia Inquirer . Archived from the original on March 25, 2023. Retrieved March 25, 2023.
  35. ↑ "Group Led by Joshua Harris Completes Purchase of Philadelphia 76ers" (Press release). Business Wire. October 18, 2011.
  36. ↑ Gelles, David (December 4, 2014). "76ers Keep Losing, and It's All Part of the Plan" . The New York Times . Archived from the original on August 28, 2023. Retrieved August 28, 2023.
  37. ↑ Weitzman, Yosef. "Trust the process? Sixers owner Josh Harris won't stop". The Daily Pennsylvanian . Archived from the original on May 21, 2023. Retrieved May 21, 2023.
  38. ↑ Freeman, Eric (April 22, 2014). "Philadelphia 76ers owner Josh Harris calls 63-loss season a 'huge success'". Yahoo Sports . Archived from the original on March 12, 2024. Retrieved March 12, 2024.
  39. ↑ Chad, Norman. "76ers off to a great start — if epic failure is their goal" . The Washington Post . Archived from the original on December 1, 2015. Retrieved March 12, 2024.
  40. 1 2 3 Breer, Albert (May 22, 2023). "Introducing Josh Harris, the Right Owner to Revive the Commanders". Sports Illustrated . Archived from the original on May 22, 2023. Retrieved May 22, 2023.
  41. 1 2 Windhorst, Brian (December 7, 2015). "Jerry Colangelo hire by 76ers follows lobbying to NBA from owners". ESPN . Archived from the original on September 3, 2023. Retrieved September 3, 2023.
  42. ↑ Botkin, Brad (December 21, 2015). "Adam Silver not a fan of 76ers' strategy, didn't push for changes". CBS Sports . Archived from the original on September 4, 2023. Retrieved September 4, 2023.
  43. ↑ Harper, Zach (April 10, 2016). "Bryan Colangelo named Sixers' president, Jerry Colangelo steps down". CBS Sports . Archived from the original on April 13, 2016. Retrieved April 11, 2016.
  44. ↑ Kaskey-Blomain, Michael (March 20, 2022). "76ers' Joel Embiid reveals he chose 'The Process' nickname to spite NBA: 'I'm going to piss some people off'". CBS Sports . Archived from the original on December 3, 2023. Retrieved March 12, 2024.
  45. ↑ Badenhausen, Kurt (December 13, 2023). "NBA Team Values 2023: Warriors, Knicks, Lakers Top $7B". Sportico . Archived from the original on December 14, 2023. Retrieved December 15, 2023.
  46. ↑ "Devils announce sale of team to billionaire Josh Harris". The Star-Ledger . August 15, 2013. Archived from the original on February 6, 2019. Retrieved August 15, 2013.
  47. ↑ Badenhausen, Kurt (November 8, 2023). "NHL Valuations 2023: Maple Leafs Lead at $2.65B, Average Value Up 29%". Sportico . Archived from the original on December 15, 2023. Retrieved December 15, 2023. The value of the Devils is up 41% to $1.17 billion.
  48. ↑ Olivier, Bobby (December 15, 2022). "Prudential Center named Top 5 global arena; N.J. venue raked in $85M as live events returned". NJ.com . Archived from the original on December 1, 2023. Retrieved March 12, 2024.
  49. ↑ "Sixers owner Josh Harris buys into Crystal Palace soccer club". NBC Sports . December 19, 2015. Archived from the original on August 2, 2020. Retrieved June 28, 2020.
  50. ↑ "Crystal Palace: Deal agreed with US investors Harris and Blitzer". BBC News . December 18, 2015. Archived from the original on June 24, 2020. Retrieved June 28, 2020.
  51. ↑ Rovell, Darren (September 26, 2016). "76ers acquire esports teams Dignitas and Apex". ESPN. Archived from the original on October 8, 2016. Retrieved October 9, 2016.
  52. ↑ "Josh Harris & David Blitzer announce formation of HBSE". NBA.com. September 25, 2017. Archived from the original on October 12, 2020. Retrieved March 22, 2023.
  53. ↑ Ozanian, Mike; Teitelbaum, Justin (January 25, 2024). "The World's Most Valuable Sports Empires 2023". Forbes . Archived from the original on March 12, 2024. Retrieved February 10, 2024.
  54. ↑ Takahashi, Dean (February 25, 2020). "76ers owners appoint investment chief for esports and other ventures". VentureBeat . Archived from the original on March 28, 2023. Retrieved April 13, 2023.
  55. ↑ "San Francisco 49ers, HBSE and CAA team up to create Elevate Sports Ventures". SportsPro Media. SportsPro. January 24, 2018. Archived from the original on July 7, 2020. Retrieved July 6, 2020.
  56. ↑ Kostroun, Bill (June 15, 2020). "Sixers owners Josh Harris and David Blitzer purchase stake in Pittsburgh Steelers" . The Philadelphia Inquirer . Archived from the original on April 4, 2023. Retrieved April 4, 2023.
  57. ↑ Soshnick, Scott; Novy-Williams, Eben (April 21, 2022). "Serena Williams, Lewis Hamilton Join Chelsea Bidding in Harris/Blitzer Group". Yahoo! Sports . Archived from the original on June 20, 2022. Retrieved May 20, 2023.
  58. ↑ "Chelsea takeover: Todd Boehly 'honoured' to complete deal as Roman Abramovich era ends". ESPN . Reuters. May 30, 2022. Archived from the original on June 1, 2023. Retrieved June 1, 2023.
  59. ↑ Grasso, Justin (August 30, 2020). "76ers' Josh Harris is Reportedly out on Buying Mets". Sports Illustrated . Archived from the original on June 30, 2022. Retrieved May 20, 2023.
  60. ↑ "Steve Cohen completes $2.4 billion purchase of New York Mets". ESPN . Associated Press. November 6, 2020. Archived from the original on July 20, 2021. Retrieved June 1, 2023.
  61. ↑ Sim, Josh (January 24, 2023). "Report: Manchester United minority stake targeted by Josh Harris and David Blitzer". SportsPro Media. SportsPro. Archived from the original on June 6, 2023. Retrieved June 6, 2023.
  62. ↑ Keim, John (July 21, 2023). "Commanders owner Josh Harris focused on 'changing the culture'". ESPN . Archived from the original on August 5, 2023. Retrieved August 5, 2023.
  63. ↑ Jhabvala, Nicki (July 20, 2023). "The Commanders sale was so complicated, it was 'like 20 deals in one'" . The Washington Post . Archived from the original on September 9, 2023. Retrieved July 23, 2023.
  64. ↑ Ozanian, Mike (July 20, 2023). "Here's How Much Josh Harris Expects To Earn On $6 Billion Purchase Of The Washington Commanders". Forbes . Archived from the original on August 20, 2023. Retrieved August 20, 2023. Harris has 20 limited partners in his group, including Mitchell Rales, Magic Johnson, Eric Schmidt and Mark Ein, the most in the NFL.
  65. ↑ Leach, Kamaron; Boudway, Ira; Williams, Randall (August 3, 2023). "Washington Commanders Sale Cements High Finance's Status in NFL's Inner Circle". Bloomberg News . Archived from the original on August 12, 2023. Retrieved August 5, 2023.
  66. ↑ Soshnick, Scott; Novy-Williams, Eben (May 5, 2022). "Magic Johnson Joins Josh Harris Bid for Denver Broncos". Sportico . Archived from the original on October 6, 2023. Retrieved September 24, 2023.
  67. ↑ Jackson, Wilton (June 8, 2022). "76ers' Josh Harris Was Willing to Pay $5 Billion for Broncos, per Report". Sports Illustrated . Archived from the original on March 28, 2023. Retrieved March 28, 2023.
  68. ↑ Jackson, Eric (August 29, 2023). "D.C.'s Josh Harris Taps Steelers Pipeline to NFL Ownership". Sportico . Archived from the original on September 3, 2023. Retrieved September 3, 2023.
  69. ↑ Stern, Adam (June 20, 2023). "Joe Gibbs Racing sells minority stake to Josh Harris, HBSE" . Sports Business Journal . Archived from the original on June 21, 2023. Retrieved June 21, 2023.
  70. ↑ Tan, Gillian (February 27, 2024). "Harris and Blitzer Near Steelers Stake Sale to Art Rooney, Tull". Bloomberg News . Retrieved May 23, 2024.
  71. ↑ Badenhausen, Kurt (March 27, 2024). "Harris, Blitzer Launch Youth Sports Firm Unrivaled as TCG Invests". Sportico. Archived from the original on March 27, 2024. Retrieved March 27, 2024.
  72. ↑ Jackson, Eric (December 29, 2023). "Harris, Blitzer Take $10M HOF Village Stake in Youth Sports Push". Sportico . Archived from the original on January 8, 2024. Retrieved January 8, 2024.
  73. ↑ Breer, Albert (July 24, 2023). "New Commanders Owner Josh Harris Discusses the Work Ahead". Sports Illustrated . Archived from the original on July 27, 2023. Retrieved July 27, 2023.
  74. ↑ Grasso, Justin (February 27, 2023). "Daryl Morey Talks Inspiration & Growth of Analytics Conference". Sports Illustrated . Archived from the original on July 8, 2023. Retrieved July 8, 2023.
  75. ↑ Nieto-Munoz, Sophie (March 20, 2020). "Here are the retail stores that are paying their workers during coronavirus shutdown". nj.com. Archived from the original on July 25, 2024. Retrieved August 14, 2024.
  76. ↑ Golden, Jessica (March 24, 2020). "76ers, Devils reverse decision to cut salaries up to 20% due to coronavirus hiatus". CNBC . Archived from the original on April 19, 2020. Retrieved July 9, 2023.
  77. ↑ Grasso, Justin (March 25, 2020). "Joel Embiid is Pleased Josh Harris, Sixers Reversed Pay Cuts for Employees". Sports Illustrated . Archived from the original on March 12, 2024. Retrieved March 12, 2024.
  78. 1 2 Troodler, Aaron (April 17, 2024). "Josh Harris and a commanding sports career". Washington Jewish Week . Archived from the original on September 25, 2024. Retrieved August 14, 2024.
  79. ↑ Brodsky, Matthew (2012). "The Private-Equity Diaries". Wharton School of the University of Pennsylvania . Archived from the original on June 30, 2020. Retrieved August 17, 2020.
  80. ↑ "Albert Rubin Obituary" . The New York Times . January 5, 2012. Archived from the original on July 22, 2023. Retrieved July 22, 2023.
  81. 1 2 Maese, Rick (April 13, 2023). "Who is Josh Harris, the potential new owner of the Washington Commanders?" . The Washington Post . Archived from the original on April 14, 2023. Retrieved April 15, 2023.
  82. ↑ "Lamplighter Winter 2010" (PDF). Issuu . Allen-Stevenson School. 2010. p. 6. Archived from the original on July 16, 2023. Retrieved July 16, 2023.
  83. ↑ Selby, Zach (July 22, 2023). "Josh Harris, Mitch Rales and Earvin 'Magic' Johnson deliver powerful opening statements". Commanders.com. Archived from the original on July 22, 2023. Retrieved July 23, 2023.
  84. ↑ "National Wrestling Hall of Fame and Museum Announces Class of 2013 | National Wrestling Hall of Fame". National Wrestling Hall of Fame . 2013. Archived from the original on July 3, 2022. Retrieved April 13, 2023.
  85. ↑ Klis, Mike (April 13, 2023). "A closer look at Broncos ownership candidate Josh Harris". KUSA . Archived from the original on July 9, 2023. Retrieved June 25, 2023.
  86. ↑ "2011 Philadelphia Marathon Weekend". xacte.com. Archived from the original on November 21, 2023. Retrieved December 3, 2023.
  87. ↑ Pusatory, Matt (September 21, 2023). "Commanders owner Josh Harris throws out first pitch at Nats game". WUSA9 . Archived from the original on September 27, 2023. Retrieved September 23, 2023.
  88. ↑ Wachtel, Katya (January 17, 2011). "Check Out The Two New Members Of The Wall Street Fraternity Kappa Beta Phi". Business Insider . Archived from the original on April 12, 2023. Retrieved April 12, 2023.
  89. ↑ Clarke, Katherine (November 1, 2017). "Private Equity Executive Joshua Harris Pays $52 Million for New York Mansion" . The Wall Street Journal . Archived from the original on March 29, 2023. Retrieved March 29, 2023.
  90. ↑ Bandell, Brian (July 27, 2021). "Sixers owner Josh Harris buys Miami Beach mansion from SoftBank executive for $32M in off-market deal". American City Business Journals . South Florida Business Journal. Archived from the original on September 9, 2023. Retrieved July 23, 2023.
  91. ↑ McQuade, Dan (November 11, 2015). "Sixers Owner's Helicopter Forces Cancelation of Youth Soccer Game". Philadelphia . Archived from the original on June 19, 2023. Retrieved June 19, 2023.
  92. ↑ "Josh Harris - Forbes". Forbes . Archived from the original on April 3, 2023. Retrieved January 20, 2025.
  93. ↑ "Bloomberg Billionaires Index: Josh Harris". Bloomberg L.P. Retrieved January 20, 2025.
  94. ↑ Ozanian, Mike (June 12, 2023). "Harris Group Agrees To Replace Private Equity Financing In $6 Billion Washington Commanders Purchase". Forbes . Retrieved June 13, 2023.
  95. 1 2 Narducci, Marc (August 12, 2020). "Sixers managing partner Josh Harris is part of a multimillion-dollar donation to help Philadelphia-area nonprofits" . The Philadelphia Inquirer . Archived from the original on September 23, 2020. Retrieved September 17, 2020.
  96. ↑ Adeniji, Ade (March 13, 2017). "Here's Another Apollo Global Billionaire To Keep An Eye On". Inside Philanthropy . Archived from the original on March 8, 2021. Retrieved August 17, 2020.
  97. ↑ "Gift to Icahn School of Medicine at Mount Sinai Establishes Harris Center for Precision Wellness" (Press release). mountsinai.org. June 25, 2015. Archived from the original on January 30, 2023. Retrieved July 9, 2023.
  98. ↑ "Josh Harris to give $3.5 million to PAL of Philadelphia". NBC Sports . August 27, 2015. Archived from the original on April 29, 2021. Retrieved August 24, 2020.
  99. ↑ Gonzalez, John (September 24, 2020). "The Political Donations of NBA Owners Are Not So Progressive". The Ringer . Archived from the original on December 25, 2022. Retrieved April 13, 2023.
  100. ↑ "Harris Family Charitable Foundation Shows Support For After-School All-Stars". CBS News . January 7, 2020. Archived from the original on July 13, 2023. Retrieved July 16, 2023.
  101. ↑ "Wharton School Receives $10 Million Gift from Josh and Marjorie Harris to Advance Learning and Engagement in Alternative Investments". Wharton School . University of Pennsylvania. February 21, 2019. Archived from the original on December 2, 2023. Retrieved March 12, 2024.
  102. ↑ "Joshua Harris". Milken Institute . Archived from the original on May 20, 2023. Retrieved July 9, 2023.
  103. ↑ "Speaker Profile - Josh Harris". MIT Sloan Sports Analytics Conference . Archived from the original on June 26, 2023. Retrieved June 26, 2023.
  104. ↑ Jhabvala, Nicki (September 7, 2023). "Commanders owner on restoring the former name: 'That ship has sailed.'" . The Washington Post . Archived from the original on September 7, 2023. Retrieved September 7, 2023.
  105. ↑ Summers, Charlie (July 19, 2022). "From 76ers to 48ers: Sports nonprofit works to level playing field in Israel". The Times of Israel . Archived from the original on December 2, 2023. Retrieved March 12, 2024.
  106. ↑ Gurvis, Jacob (July 24, 2023). "New Washington Commanders owner Josh Harris says buying NFL team was 'bashert'". Jewish Telegraphic Agency . Archived from the original on October 30, 2023. Retrieved October 16, 2023.
  107. ↑ Martin, Brian (April 2, 2020). "Sixers doing their part to assist during coronavirus pandemic". NBA.com. Archived from the original on August 31, 2023. Retrieved September 3, 2023.
  108. ↑ Grasso, Justin (April 2, 2020). "76ers Managing Partners Josh Harris, David Blitzer Make Two More Generous Donations". Sports Illustrated . Archived from the original on January 19, 2021. Retrieved July 9, 2023.
  109. ↑ Pompey, Keith (April 3, 2020). "Sixers managing partners Josh Harris, David Blitzer and All-Star Joel Embiid donate $1.3M to Penn Medicine" . The Philadelphia Inquirer . Archived from the original on December 13, 2021. Retrieved July 9, 2023.
  110. ↑ Pompey, Keith (August 17, 2020). "Sixers parent company commits $20 million to fighting systemic racism and championing equality" . The Philadelphia Inquirer . Archived from the original on August 18, 2020. Retrieved September 3, 2023.
  111. ↑ Welker, Grant (May 17, 2022). "Sixers owner Josh Harris gives Harvard $5M to help diversify sports management". bizjournals.com. American City Business Journals. Archived from the original on May 18, 2022. Retrieved July 8, 2023.
  112. ↑ Mizell, Gina (January 27, 2022). "Sixers owner Josh Harris makes six-figure donation to REFORM Alliance nonprofit" . The Philadelphia Inquirer . Archived from the original on December 5, 2022. Retrieved July 9, 2023.
  113. ↑ Grasso, Justin (February 24, 2022). "Sixers' Josh Harris Makes Six-Figure Donation to Local Homeless Shelters". Sports Illustrated . Archived from the original on July 7, 2022. Retrieved July 9, 2023.
  114. ↑ Bomser, Stacey (April 14, 2022). "Harris Philanthropies' Donation to Dolphins Challenge Cancer Is Game Changer in Cancer Prevention and Early Detection". Miller School of Medicine . University of Miami. Archived from the original on February 6, 2023. Retrieved July 9, 2023.
  115. ↑ Ravindran, Harsha (July 6, 2022). "76ers' Josh and Marjorie Harris invest $1M in startups backed by Penn Medicine - Wharton Fund for Health". The Daily Pennsylvanian . Archived from the original on July 13, 2023. Retrieved July 16, 2023.
  116. ↑ George, John (December 8, 2022). "Penn Medicine gets $1M gift from 76ers owner Josh Harris and his wife to increase student diversity". American City Business Journals . Archived from the original on December 9, 2022. Retrieved July 16, 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.