Neal Aronson | |
---|---|
Born | Neal Keith Aronson 1965 (age 58–59) |
Nationality | American |
Education | Lehigh University |
Known for | Founder and managing partner, Roark Capital Group Co-founder, U.S. Franchise Systems |
Spouse | Wendy L. Conrad |
Children | 3 |
Neal Keith Aronson (born 1965) is an American billionaire businessman, and the founder and managing partner of Roark Capital Group, a private equity firm. [1]
Aronson earned a bachelor's degaree from Lehigh University. [2] He started his career in the corporate finance department of Drexel Burnham Lambert. [2]
In 1995, together with his uncle, Mike Leven, a former president of Holiday Inn, he co-founded U.S. Franchise Systems, and expanded a regional chain of 27 hotels into the US's tenth-largest hotel franchisor with more than 1,100 properties before selling it to the Pritzker family's Hyatt Hotels in 2000 for $100 million, earning Aronson about $10 million. [3]
In 2001, Aronson founded Roark Capital. [2]
As of September 2023, Forbes estimated his net worth at US$2.7 billion. [1]
Aronson is married to Wendy Conrad; they live in Atlanta, Georgia and have three children. [4]
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