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Peter Sperling

From Wikipedia, the free encyclopedia
Peter Sperling
Born1960 (age 64–65)
Alma materUniversity of California at Santa Barbara
University of Phoenix
Occupation(s)Chairman of Apollo Group
Chairman of CallWave
RelativesJohn Sperling

Peter V. Sperling (born 1960) is an American billionaire businessman. Sperling is the former chairman of Apollo Group,[1] and CallWave, Inc.[2]

Early life and education

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Sperling is the son of entrepreneur and educator John Sperling, co-founder of the University of Phoenix, and Sandra Sperling, who was also an educator and actively involved in the family's philanthropic endeavors.[3] He earned his Bachelor of Arts degree in economics from the University of California at Santa Barbara and his MBA from the University of Phoenix.[1]

Career

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Perter Sperling joined Apollo Education in 1986. He took over as chairman at the Apollo Education Group when his father retired in 2001.[1] He remained in that position until 2017 when the group was bought and made private.[4] This came as the University of Phoenix was facing a number of state and federal investigations into many of its practices.[5]

After stepping down from Apollo, Sperling became joined CallWave, a communication services company, as chairman and a 19% owner.[6]

Political activity

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Sperling sponsored and financially backed Proposition 7 of California's November 2008 general election.[7] Also in 2008, Sperling was listed as one of the 400 wealthiest Americans.[8] Sperling’s net worth is estimated at US$1.7 billion.[1]

References

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  1. ^ a b c d "Peter V. Sperling Profile". Forbes. Retrieved 2025-02-27.
  2. ^ "Peter Sperling (USA)". The Times. 1 March 2009.
  3. ^ "Peter Sperling: Peter Sperling Net Worth, Biography, Age, Spouse, Children & More". Goodreturn. Retrieved 2025-05-24.
  4. ^ Wiles, Russ. "University of Phoenix parent Apollo Education starts new chapter as private firm". The Arizona Republic. Retrieved 2025-05-24.
  5. ^ Cohen, Patricia; Bray, Chad (2016-02-08). "University of Phoenix Owner, Apollo Education Group, Will Be Taken Private". The New York Times. ISSN 0362-4331. Retrieved 2025-05-24.
  6. ^ "1 Lightning Bolt". Forbes. Retrieved 2025-05-24.
  7. ^ San Francisco Bay Guardian: State Ballot Measures
  8. ^ "The 400 Richest Americans". Forbes. 17 September 2008. Archived from the original on 21 September 2008.