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Friday, January 22, 2021
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Ressler, Antony — Ares Management Corp
Co-Founder and Executive Chairman
Ares Management Corp.
THE LATEST: Ressler leads Ares Management Corp., a global alternative asset manager with about $149 billion in assets under management. He also owns the NBA&s Atlanta Hawks as well as a stake in the Milwaukee Brewers. This spring, the billionaire found himself among a group of NBA owners dealing with the fallout from a total shutdown caused by the coronavirus lockdown. Ressler has been personally impacted by the Covid-19 crisis, having lost his brother to the virus earlier this year.
BACKGROUND: Ressler serves as chairman of Ares' Executive Management Committee and the firm&s Management Committee. He is a member of the investment committees of certain funds managed by Ares Private Equity Group and Ares Real Estate Group. Ressler has an estimated net worth of $2.9 billion and was No. 27 on the Los Angeles Business Journal's 2019 list of Wealthiest Angelenos. He is a co-chairman of the Los Angeles County Museum of Art&s board of trustees and a member of the boards for Cedars-Sinai Medical Center and Georgetown University.
YEARS ON THE LA500: 5
Return to the 2020 edition of the LA500.