✎ About Peter Sperling

Peter Sperling was born in Phoenix, Arizona, United States. Peter Sperling is the son of John Sperling, the for-profit education pioneer who founded the University of Phoenix and its parent company, Apollo Education Group. Peter joined the business in 1983, a decade after his father founded it, and became Apollo's chairman in 2012. In February 2017, Apollo was acquired by a consortium of investors that includes private equity firms Vistria Group and Apollo Global Management. The company, which had gone public in 1994, was taken private in the $1.1 billion deal, and Sperling was replaced as chairman. He had been a big investor in the company until shares started declining in 2009 as enrollment dropped in the system, which offers classes online and at a patchwork of campuses in dozens of states. He then began unloading most of his stake despite continuing to work in the management of the business.
Peter Sperling is a member of Service

💰Peter Sperling Net worth: $1.4 Billion (Updated at 22 June 2018)

2009 $1.25 Billion

2010 $1.15 Billion

2011 $1.15 Billion

2012 $1.15 Billion

2013 $1.15 Billion

2014 $1.3 Billion

2015 $1.3 Billion

2016 $1.2 Billion

2017 $1.4 Billion

2018 $1.4 Billion

Some Peter Sperling images

Biography/Timeline

2008

Sperling sponsored and financially backed Proposition 7 of California's November 2008 general election.

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American business biography, 1960s birth stubs 1960 births Living people American billionaires American chairmen of corporations University of California, Santa Barbara alumni University of Phoenix alumni Businesspeople from Phoenix, Arizona 20th-century American businesspeople