Rick Schnall | |
|---|---|
| Born | 1969or1970(age 54–55) [1] United States |
| Education | B.A. University of Pennsylvania M.B.A. Harvard Business School |
| Known for | Co-President of Clayton, Dubilier & Rice Minority owner of the Atlanta Hawks majority owner of the Charlotte Hornets |
| Relatives | Carl Icahn (uncle) |
| Basketball career | |
| Charlotte Hornets | |
| Position | Majority Owner, Co-Chairman |
| League | NBA |
Rick Schnall (born 1969/1970) is an American businessman, co-president of private equity firm Clayton, Dubilier & Rice, minority owner of the Atlanta Hawks, and among the majority owners of the Charlotte Hornets. [1]
Schnall is a graduate of the University of Pennsylvania and the Harvard Business School. [1] After school, he worked for Smith Barney and Donaldson Lufkin & Jenrette. [1] In 1996, he joined Clayton, Dubilier & Rice eventually reaching partner [1] where he started and oversees the healthcare, tech and financial services verticals. [2]
In 2015, Schnall was part of a group led by Tony Ressler along with Grant Hill, Sarah Blakely, Jesse Itzler, and Steven Price, that successfully purchased the Atlanta Hawks for $850 million. [3] [4] [5] He was selling his stake in the Hawks as of July 2023. [6]
In June 2023, Schnall along with Gabe Plotkin successfully purchased the Charlotte Hornets from majority owner, Michael Jordan. [7]
Schnall is of Jewish descent [8] and lives in New York City. [9] He is the nephew of billionaire investor Carl Icahn. [10]
Schnall, 45, is a partner with private equity firm Clayton Dubilier & Rice....
At least two of his Hawks partners, Itzler and Rick Schnall, are Jewish.