The sale of the 76ers from Comcast-Spectacor and Ed Snider to an investment group led by billionaire Joshua Harris was completed yesterday, pending NBA approval and closing procedures. Here are snapshots of the four members of the group who have been publicly identified:
The 46-year-old billionaire and graduate of the University of Pennsylvania's Wharton School is a senior managing director at Apollo Global Management, a New York-based investment firm that went public in April, has assets valued at $70 million and specializes in leveraged buyouts. He has an estimated worth of $1.2 billion, according to Forbes. Harris, who earned his MBA from Harvard Business School, co-founded Apollo in 1990. He previously worked in the mergers and acquisitions group of Philadelphia-based Drexel Burnham Lambert Inc. He lives in New York City and is a married father of four, according to Forbes. Harris remains a member of the Wharton undergraduate executive board, according to his company bio.