Celebrities

How ’80s Actress Jami Gertz Quietly Became a Reported Billionaire

Jami Gertz’s life story could be fit for the big screen. After growing up in a working-class family in Glenview, Illinois, Gertz, found herself studying at NYU…
How ’80s Actress Jami Gertz Quietly Became a Reported Billionaire
Send to

Jami Gertz’s life story could be fit for the big screen.

After growing up in a working-class family in Glenview, Illinois, Gertz, found herself studying at NYU and breaking into acting in the early ‘80s.

Working as an actress since childhood, the Hollywood star found success in movies such as Endless Love, Sixteen Candles, Less Than Zero, The Lost Boys and Twister before appearing on the small screen in smash shows like Seinfeld, ER and Ally McBeal.

Gertz’s life, however, changed even more when she met businessman Tony Ressler in 1987 and marrying two years later.

“Everyone thinks I married a rich guy,” she told The Hollywood Reporter in October 2018. “But I made more money — way more money — than Tony when I met him. I paid for our first house. I paid for our first vacation. I married him because I fell in love with him.”

Over time, however, the Emmy-nominated actress quietly became a reported billionaire as she collaborated with her husband on various businesses. Keep reading to see how Gertz and Ressler found huge success personally and professionally.

Tony Ressler’s Financial Successes

In 1990, Ressler cofounded the private-equity firm Apollo Global before launching Ares Management seven years later.

“We’re a $125-ish billion asset manager,” he told The Hollywood Reporter when asked to clarify what Ares does. “I guess the right quote would be, ‘We’re the most amazing investment firm in the history of the universe.’”

In 2015, Ressler purchased the Atlanta Hawks NBA team with his wife for a reported $720 million in 2015. The couple went on to also hold a minority stake in the Milwaukee Brewers MLB team.

“I get it,” Gertz once told The Hollywood Reporter. “It’s not your everyday Hollywood actress tale.”

Recommended Article Justin Bieber Posts Emotional Plea, Says Paparazzi Attention ‘Has to Stop’

Jami Gertz’s Evolving Career

In 2010, Gertz decided to explore careers behind the camera by launching her own production company, Lime Orchard Productions.

“You reach an age, and you slow down, and the jobs are a little hard to come by,” she told The Hollywood Reporter. “So I decided to put money into a project of my own.”

While the company had success with the 2011 film A Better Life, Gertz pivoted after five years to focus on home entertaining. (She would often host lavish dinner parties around the Jewish holidays for powerful friends like Disney chairman Bob Iger.)

After Ressler successfully purchased the Hawks, he quickly realized his wife would be a huge asset to the organization. While he prefers to work behind the scenes, Gertz could engage with the media and the greater community.

“I think it’s fair to say that she makes a better impression on our fan base than any of us in the organization,” he admitted. “I’m very active on the business and player personnel decision-making. But Jami steps in when it comes to so many parts of the business that I did not appreciate or have any experience in.”

With so much financial success, both Ressler and Gertz say they make it a priority to give back.

They helped cofound the Painted Turtle Camp, a nonprofit that provides a year-round, life-changing environment and authentic camp experience for children with chronic and life-threatening illnesses.

“We had such good memories of our own experiences at camp, and want to make sure that all sorts of kids get that chance, no matter what their circumstances,” Gertz once wrote to the Huffington Post in 2008. “What I [also] really wanted to do was to make community service a family affair so that it was a philosophy that we all shared.”

Have you read them?

Fox News’ Fox News’ Peter Doocy and wife Hillary welcome second baby after 30-hour labor on a very special day and wife Hillary welcome second baby after 30-hour labor on a very special day

Pope’s doctor says he didn’t suffer – and reveals his last regret

Your Guide to Preparing for the Gynecologist: 10 Key Dos and Don’ts

A woman is sitting bed with her lover

News Feed

25.04.2025 23:24 Celebrities

Justin Bieber Posts Emotional Plea, Says Paparazzi Attention ‘Has to Stop’

25.04.2025 23:20 Celebrities

She Received Meghan Markle’s As Ever Box — and Sent Something Back: ‘One Lifestyle Homemaker to Another’

25.04.2025 23:17 News

Gilbert Arenas’ Son Alijah Out of Coma but Remains Intubated After Cybertruck Car Crash

25.04.2025 23:13 Celebrities

Hailey Bieber Sends On-Stage Message to Justin Bieber Amid Ongoing Health Speculation and Paparazzi Battle

25.04.2025 23:00 Stories

My husband abandoned me and our child in his crumbling, outdated shack. Little did he know, beneath that dilapidated house lay a secret room filled with gold — a treasure that had been hidden for years.

25.04.2025 22:56 Celebrities

Fox News’ Fox News’ Peter Doocy and wife Hillary welcome second baby after 30-hour labor on a very special day and wife Hillary welcome second baby after 30-hour labor on a very special day

25.04.2025 22:52 World

Pope’s doctor says he didn’t suffer – and reveals his last regret

25.04.2025 22:49 Tips & Tricks

Your Guide to Preparing for the Gynecologist: 10 Key Dos and Don’ts

25.04.2025 22:43 Joke

A woman is sitting bed with her lover

25.04.2025 22:41 Health

If you eat EGG every day

25.04.2025 22:37 World

New rule for viewing Pope Francis’ body after “outrageous” behavior

25.04.2025 22:33 Health

WHY SOME PEOPLE D:IE IN THEIR SLEEP

25.04.2025 22:26 World

All the items Pope Francis will have in his casket when he’s buried

25.04.2025 22:22 Celebrities

Fox News star Will Cain rekindled romance with college sweetheart — and now they have two kids

25.04.2025 14:47 Spotlight

Can You Solve This Horse Puzzle? The Answer Lies in the Details – See the Full Explanation!

25.04.2025 14:43 Celebrities

Roseanne Barr Didn’t Know ‘The Conners’ Was Ending: ‘We Don’t Care’ About ‘Knockoffs’

25.04.2025 14:39 Celebrities

Camila Cabello Takes Aim at Katy Perry Sharing Her Setlist on Space Trip to Promote Her Own Upcoming Tour

25.04.2025 14:34 Celebrities

Lindsay Lohan Shows off Her Natural Glow in Makeup-Free Instagram Selfies

25.04.2025 14:30 Beauty

Do You Remember This Iconic Beauty Tool? If You’re Old Enough, You Might Recall Its Glamorous Days. Discover The Amazing Stories Behind Its Legacy

25.04.2025 14:26 Tips & Tricks

If Your Body Suddenly Jerks While You’re Falling Asleep, This Is What It Means

25.04.2025 14:23 Joke

Today is your day.

25.04.2025 14:21 Celebrities

Iman Marks 33rd Wedding Anniversary with the Late David Bowie in Heartfelt Post: ‘Memory Becomes a Treasure’

25.04.2025 14:18 Health

Risk of prostate cancer increases by 45% in men due to a common practice

25.04.2025 14:15 Spotlight

Test: Only a person with a high IQ can find the 15 differences

25.04.2025 14:12 Celebrities

Gwen Stefani Reveals She and Blake Shelton ‘Make Sure’ to Include a ‘Third Party’ in Their Marriage

25.04.2025 14:09 Tips & Tricks

Eliminate bad breath: If you have this in your mouth, you could have these bacteria

25.04.2025 14:05 Celebrities

How ’80s Actress Jami Gertz Quietly Became a Reported Billionaire

25.04.2025 14:01 Spotlight

Only a few people can find all the faces hidden in this tree – are you one of them?

25.04.2025 13:58 Stories

Man Gets Diagnosed with Terminal Cancer. His ‘Dying Wish’ Is to Volunteer in All 50 States

25.04.2025 13:55 Health

Alarming Rise In Colon Cancer Among Young People May Be Linked To Contaminated Salad, Study Finds

Exit mobile version