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Peter Sperling | |
|---|---|
| Born | 1960 (age 64–65) |
| Alma mater | University of California at Santa Barbara University of Phoenix |
| Occupation(s) | Chairman of Apollo Group Chairman of CallWave |
| Relatives | John Sperling |
Peter V. Sperling (born 1960) is an American billionaire businessman. Sperling is the former chairman of Apollo Group, [1] and CallWave, Inc. [2]
Sperling is the son of entrepreneur and educator John Sperling, co-founder of the University of Phoenix, and Sandra Sperling, who was also an educator and actively involved in the family's philanthropic endeavors. [3] He earned his Bachelor of Arts degree in economics from the University of California at Santa Barbara and his MBA from the University of Phoenix. [1]
Perter Sperling joined Apollo Education in 1986. He took over as chairman at the Apollo Education Group when his father retired in 2001. [1] He remained in that position until 2017 when the group was bought and made private. [4] This came as the University of Phoenix was facing a number of state and federal investigations into many of its practices. [5]
After stepping down from Apollo, Sperling became joined CallWave, a communication services company, as chairman and a 19% owner. [6]
Sperling sponsored and financially backed Proposition 7 of California's November 2008 general election. [7] Also in 2008, Sperling was listed as one of the 400 wealthiest Americans. [8] Sperling’s net worth is estimated at US$1.7 billion. [1]
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