And as everyone knows, crazy Mr. Cruise sold his Hollywood Hills estate last year (where he never actually lived) for $11.4 million to Eva Longoria, and our Mama was first to break that story. For his part, Mr. Cruise himself made significant alterations to the property immediately after purchasing in in its newly-remodeled condition. Toby Flenderson's House from 'The Office' Just Hit the Market - and It Doesn't Suck! Tony Ressler said he "didn't know what I was doing" when he purchased the Hawks in 2015. Apparently Mr. Ford wants Mrs. Wearstler to do some renovations for him first or some such silliness.). Richard Ressler is a Co-Founder and Principal of CIM Group® with more than 30 years of active real estate, infrastructure and lending experience. But remember, y’all, we’re talking about couch-jumpin’ Tom Cruise here. Our Ms. Longoria has since had the property featured on the cover of US Weekly. He co-founded the private equity firms Apollo Global Management in 1990, and Ares Management in 1997. But they're off to a pretty bad start: Maroun has already been abducted when Aram and Ressler arrive at her house, and … Gertz-Ressler High Academy, a member of The Alliance for College-Ready Public Schools, is named after the couple. Both sales, of course, will soon be eclipsed by the sale of the Playboy Mansion, which is rumored to be selling for somewhere in the $105 million to $120 million range to heir Daren Metropoulos. The famous businessman, Tony was born in 1959 to a Jewish family and was one of the five children of his parents. Ressler did try to assure people from Atlanta when he said that he and his actress wife, Jami Gertz, had bought a house in town. 46 records for Tony Ressler. She currently lives in Beverly Hills with husband Anthony Ressler, the director of private equity firm Ares Capital Corporation, and their three sons. One of Mr. Black’s closest friends is fellow billionaire Michael Milken (Mr. Black refers to him as “my mentor”). In early 2007, they managed to unload it for an eye-popping $30,500,000 to our Mr. Cruise. This Mr. Ressler is clearly very rich himself. While that number sounds absurdly high, Yolanda would not be the least bit surprised if he did, in fact, spend millions. The key founder of both firms is Ressler's brother-in-law, Leon Black. And now Tony Ressler — a Los Angeles-based billionaire who by all accounts is an avid sports fan with a preference for basketball — has a deal in place to buy a team in Atlanta, the Hawks. Billionaire Tony Ressler and Actress Jami Gertz Give $5 Million to Support Black-Owned Businesses By Maria Di Mento. As for Mr. Cruise, he still owns a picturesque estate in Telluride, CO that he put up for sale in 2014 at $59 million (the price where it lingers today). He co-founded the private equity firms Apollo Global Management in 1990,[1] and Ares Management in 1997. The big house in Calabassas was, of course, ... First there was funny lady Jami Gertz and her huzband Tony Ressler, a finance man with a lot, we repeat, a lot of money. Tony Ressler. After his school, he worked at Drexel Burnham Lambert w… It was Ms. Hank who sold the house for nearly $6 million in 2003 to top real estate broker Kurt Rappaport and his former wife Juliette. And let’s not forget that both Mrs. Debra Black’s brothers and their families reside here. Get the latest scoop directly in your inbox. Medline's Jim Abrams Lists Duo of Striking 90210 Midcentury Moderns, NFL Tackle Malik Jackson Scores $7.2 Million Modern Farmhouse. [3] The key founder of both firms is Ressler's brother-in-law, Leon Black. Mr. Bernstein is Michael Milken’s son-in-law and Ms. Gertz is Jami Gertz’s mummy. Gertz met her husband Tony Ressler in 1986 when she was 21 years old. All Rights reserved. [11][12][13][14] In 1997, he co-founded Ares Management with former Apollo Global Management co-worker John H. Kissick and Bennett Rosenthal, who joined the group from the global leveraged finance group at Merrill Lynch. That trophy still lies with ubiquitous high-end spec mansion developer Nile Niami, who sold a modern confection in the nearby “Trousdale Estates” neighborhood to billionaire financier Brian Sheth for $38,270,000 a couple months ago, as Yolanda first reported. Tony Ressler is a Co-Founder, Chairman and Chief Executive Officer of Ares Management, L.P., a publicly traded, leading global alternative asset management firm with more than $100 billion of assets under management as of June 30, 2017. ANTONY RESSLER. Antony P. Ressler (born October 12, 1960) is an American billionaire private equity tycoon and venture capitalist, based in Beverly Hills. Jami and her husband Tony Ressler own the Atlanta Hawks basketball team. She has a net worth of $2 billion. His parents are Dorothy Ressler and Ira Ressler. But Yolanda would like to point out that this difference means Mr. Cruise does not currently hold the title for most-expensive LA County home sale this year. One of Mr. Black’s closest friends is fellow billionaire Michael Milken (Mr. Black refers to him as “my mentor”). Gertz’s aliens are the 6-foot kind who sport smelly T-shirts and track mud in the house. We want to hear from you! By the way, Tony Ressler and Jami Gertz used to live in this very same gated community before they moved up to their big spread in Beverly Park. [7], His sister, Broadway producer Debra Ressler, is married to Apollo co-founder Leon Black. She began her professional acting career in the early 80s. Ressler is also a strong supporter of military veterans through the work of The Greatest Generations Foundation. Yolanda would be shocked if Mr. Cruise had not altered the estate to suit his no-doubt bizarre needs. Ms. Longoria has since had the property featured on the cover of US Weekly. If you’re keeping track, the Rappaports managed to secure a sale price that was more than five times the amount they paid for the place just four years prior. By the way, just to round out this story: It may not be surprising that our pals at the LA Times reported that Mr. Black used the services of real estate agents Fred Bernstein and Sharyn Gertz in this transaction. [9] Ressler earned a BSFS from Georgetown University's School of Foreign Service. (Getty Images) Gertz recalled the day her husband and NBA legend … Remodeling a newly-remodeled house may sound like bizarre and wantonly wasteful behavior, right? The second best result is Tony Ressler age 60s in Aspen, CO. — a billionaire himself. In the time since, as "a deer in the headlights," he's starting to turn things around. Mrs. Black has another brother, a lesser-known financier guy named Richard Ressler. Send us a tip using our anonymous form. Ressler is the majority and controlling owner of the Atlanta Hawks. The vast majority of Jami Gertz’s net worth is derived from her marriage to LA based billionaire Tony Ressler. Ressler and Gertz are majority and controlling owners of the Atlanta Hawks basketball team. Some reports say that Mr. Cruise invested $15 million into the estate overhaul. Tony Ressler (Hawks) $76,333: $8,700: $67,633: $0: Clay Bennett (Thunder) $54,800: $54,800: $0: $0: Peter Guber (Warriors) ... Harris never discussed a role at the White House … We think the Blacks plan to spend a significant amount of time in LA — after all, the family has many close friends and family members who reside primarily in this city. Listen, kids. Over the next several years, the Rappaports completely remodeled and expanded the estate. Tony is related to Oliver Ressler and Alison S Ressler as well as 3 additional people. This has been rumored to infinity and beyond already, but Yolanda would like to inform y’all that property records now confirm that weirdo actor Mr. Crucero sold his big Beverly Hills mansion to multi-billionaire financier Leon Black and his wife Debra earlier this month. Some of their nearest neighbors include Adele, Ashton Kutcher & Mila Kunis, Nicole Richie, Cameron Diaz, Penelope Cruz, and Jennifer Lawrence. [10] After university, he worked at Drexel Burnham Lambert eventually reaching senior vice president in the high yield bond department with responsibility for the new issue/syndicate desk. They’re putting on a show. [15], In 2005, he belonged to an investment group that made a successful bid led by Mark Attanasio to purchase Major League Baseball's Milwaukee Brewers. They have also lived in Encino, CA and Los Angeles, CA. His group purchased the team in June 2015 for an estimated $730 million[4] - $850 million. Anyway, the Mr. Cruise’s newly former flag lot palace was originally built way back in 1937. During the 1990s, they owned a house on Lime Orchard Road, which they sold to bigshot entertainment exec Tom Freston in 2001. … [7][19][20][21] They have three sons: Oliver Jordan Ressler (born 1992), Nicholas Simon Ressler (born 1995), and Theo Ressler (born 1998). Antony P. Ressler (born October 12, 1960) is an American billionaire private equity tycoon and venture capitalist, based in Beverly Hills. He’s also — looky here! Mrs. Black’s brother is a guy named Tony Ressler. Since co-founding CIM in 1994, Mr. Ressler has been a fundamental influence in shaping the organization and facilitating its growth. THE MONEY: Co-founder of Century City private equity and debt behemoth Ares Management, Ressler owns about one-third of … ... which will house new curriculum and programs for students and alumni, ... Jami Gertz is an actress. He and his family currently own and reside in the largest estate in LA’s most celebrity-studded enclave: Hidden Valley. Ressler attended Georgetown University’s School of Foreign Service and received an MBA from Columbia University’s Graduate School of Business. At some point it came to be owned by Guadalupe Hank Shannon, a member of the powerful, feared, and extremely wealthy Hank clan of Mexico. His father was an attorney and distinguished World War II veteran. (Yeah, right. [10], On June 16, 1989, he married actress Jami Gertz. Ms. Simpson eventually sold the house to Sumner Redstone’s ex-girlfriend Sydney Holland, who recently flipped the property at a substantial profit to J.Law. And he’s long been married to actress Jami Gertz. As the mother of three boys — 20, 17 and 13 — she says, “A lotta energy! [24], The Alliance for College-Ready Public Schools, Bloomberg: "NBA Governors Approve $730 Million Hawks Sale to Ressler's Group" By Scott Soshnick and Zeke Faux, "Atlanta Hawks Sold to Ares' Ressler for $850 million, Group Includes Sara Blakely and Grant Hill", Jewish Journal: "It's Always Gilda - Actress Jami Gertz wants to do justice to the memory of the late SNL comedienne" By Naomi Pfefferman, Atlanta Jewish Times: "Jewish Investor Buying Hawks" by David R. Cohen, New York Times: "Paid Notice: Deaths RESSLER, IRA RICHARD", Ares Management website: "Tony Ressler - Senior Partner, Ex-Drexel Executives Arrange Aid for Fruit of the Loom, Milwaukee Journal Sentinel: "Two Investors from L.A. in on deal" by Don Walker, "Hawks to be sold for nearly $850M to Antony Ressler-led group", NBA: "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks", "The 15 Most Charitable Celebrities in Hollywood", "Hawks representative Jami Gertz had a great reason for being at the NBA lottery", "Jami-Gertz Married Life, Husband, Children, Career, Net worth, Biography, Age", Bloomberg: "Leon Black Loses to Carl Icahn as Apollo Sets New Credit Terms" By Anthony Effinger & Cristina Alesci, Huffington Post: "Tony and Richard Ressler", History of private equity and venture capital, Majority team owners in the National Basketball Association, https://en.wikipedia.org/w/index.php?title=Tony_Ressler&oldid=1010437963, Private equity and venture capital investors, Creative Commons Attribution-ShareAlike License, This page was last edited on 5 March 2021, at 13:26. Hank Azaria Asks $3.25 Million for Bucolic Bedford Corners Spread, Johnny Galecki Leasing Out Celeb-Pedigreed Hollywood Hills Home, Melissa Rivers Downsizes in Pacific Palisades. The couple currently reside on a massive estate in LA’s most fabled guard-gated community: Beverly freakin’ Park. Jami Gertz and her husband Tony Ressler seen during an Atlanta Hawks game. During the 1990s, they owned a house on Lime Orchard Road, which they sold to bigshot entertainment exec Tom Freston in 2001. However, unlike celebrity gossip kingpin TMZ, which reported the deal was going down for $40 million,  records reveal the house actually sold for “just” $38,000,000. Mansion Sells for $6.1 Million, ‘Wonder Woman’ Director Patty Jenkins Adds 1920s Country English Cottage to Portfolio, NBA Star Allen Crabbe Scores Blocky Encino Mansion, reported the deal was going down for $40 million, $93 million that Jay-Z and Beyonce are about to drop, really, truly ugly spec-mega-mansion in the Holmby Hills area, is in escrow for somewhere close to $53 million with fashion designer Tom Ford, for an eye-popping $30,500,000 to our Mr. Cruise, his recent, nearly $120 million splurge on. She has been living there with her family since the 90s. [22] They are members of the Wilshire Boulevard Temple. An ownership group led by private-equity billionaire Tony Ressler that includes former NBA star Grant Hill is completing an $850 million deal for the Atlanta Hawks. (However, Yolanda has heard from our gurl Your Mama that the house is actually on a yearlong escrow that will not close until 2017 (!!!). Mr. Black, the founder of hedge fund juggernaut Apollo Global Management and long a mega-baller of the highest magnitude, maintains a $50 million+ townhouse on Manhattan’s Upper East Side,  a large apartment in a Park Avenue building, a large estate in rural Bedford, NY, an oceanfront condo in Miami’s much-lauded Faena House, and a multi-acre oceanfront compound in perhaps the best part of the Hamptons. ... Jami Gertz house is a seven-bedroom mansion in a gated community in Beverly Hills, California. 33. Now let’s all say a little prayer for Mr. & Mrs. Black — that they’ll have the good sense to hire some faith healers to burn incense and what-not in this house. 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