The Atlanta Hawks are a professional basketball team based in Atlanta, Georgia, and plays home games at the Philips Arena. The team was founded in 1946 and won one championship in 1958, four conference championships, and fourteen division championships.
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The term “Hawks” derives from the first name of the franchise, “Blackhawks,” which, like the Chicago field hockey team, relates not to the birds but to Black Hawk, an indigenous leader of the Sauk tribe who is honored in American history as a founding father.
The meaning of the name changed when it was abbreviated following the team’s relocation to Milwaukee; it now refers to these predatory birds rather than the historical figure who inspired it in the first place.
If you are a fan and adore when you find cheap Atlanta Hawks tickets, you probably also know and respect Tony Ressel. Tony Ressler is most known as the owner of the Atlanta Hawks, which is a position that he holds to this day. He and his business partner, Grant Hill, are co-owners of the squad. The two of them purchased the squad for hundreds of millions of dollars in 2015, but there’s a lot more to learn about his background and successful entrepreneurial career before then. Here are five exciting things you didn’t know about the owner of the Atlanta Hawks.
He Is A Generous Philanthropist
Tony Ressler is a billionaire who is known for being one of the most giving people on the face of the planet. Together with his wife Jamie Gertz, they assist charitable activities in the community. Education, social and human services, community development, health, the arts and culture, and environmental challenges are just a few of the subjects that the couple is passionate about.
In 2015 alone, the couple donated more than $5 million to these causes. More than $59 million has been invested in the foundation, and contributions have been provided to a wide range of charities and research programs, including medical research centers and hospitals and universities, and other non-profit organizations.
He Is The Co-Founder Of Apollo Management
The private equity business Apollo Management was founded in 1990 by Tony, and his brother-in-law Leon Black, who had previously worked together. The company expanded in size, and they both became billionaires as a result. He obtained the funds to purchase the Atlanta Hawks through his highly successful business to answer your question.
He Co-Founded A Second Successful Private Company
Just seven years after partnering with Leon Black to start Apollo Management, Tony co-founded Ares Management in 2007. As private equity and investment firm, this corporation is a titan in the sector and has amassed enormous wealth. After serving as CEO of the company for more than two decades, Ressler retired from the position and was named executive chairman of the board of directors.
Tony Gives Of His Personal Time To Help Others
Tony has a compassionate heart and is committed to sharing his knowledge and experience with various professional and business boards of directors and committees. At the moment, he serves as co-chair of the Los Angeles County Museum of Art’s board of directors and on the board of directors of Cedars-Sinai Medical Center, and the board of directors of Georgetown University’s board of directors. He also serves on the boards of directors for several other non-profit philanthropic organizations.
He Has Many Personal Interests
For those of you who are curious about the hobbies or interests of a billionaire such as Tony Ressler, we have found out that he is passionate about art and serves on the board of directors for a museum. He also demonstrates a strong interest in aviation, as seen by his private plane ownership registered with Ares Management. It’s an Embraer Legacy 600, to be precise. Aside from it, the company’s fleet includes other privately owned planes.
The Bottom Line
When we look back on the things we’ve learned about Tony Ressler, we understand that he’s much more than just a wealthy businessman who purchased an NBA franchise. He’s a real person who has spent his life in the trenches and has worked extremely hard to advance in his career. He completed his schooling, obtained employment, and then made the decision to become his own boss.
He formed partnerships with like-minded business people, and the enterprises were successful. He is a family man, and on top of that, he is a very generous individual.
It’s estimated that Antony Ressler’s fortune is $2 billion. After completing his studies and working on Wall Street to obtain a thorough understanding of the economic and financial worlds, he is regarded as a self-made billionaire.
