Neal Aronson
Neal Aronson | |
|---|---|
| Born | Neal Keith Aronson 1965 (age 60–61) |
| Education | Lehigh University |
| Known for | Founder and managing partner, Roark Capital Group Co-founder, U.S. Franchise Systems |
| Spouse | Wendy L. Conrad |
| Children | 3 |
Neal Keith Aronson (born 1965) is an American billionaire businessman, and the founder and managing partner of Roark Capital Group, a private equity firm.[1]
Education and career
[edit]Aronson earned a bachelor's degree from Lehigh University.[2] He started his career in the corporate finance department of Drexel Burnham Lambert.[2]
In 1995, together with his uncle, Mike Leven, a former president of Holiday Inn, he co-founded U.S. Franchise Systems, and expanded a regional chain of 27 hotels into the US's tenth-largest hotel franchisor with more than 1,100 properties before selling it to the Pritzker family's Hyatt Hotels in 2000 for $100 million, earning Aronson about $10 million.[3]
In 2001, Aronson founded Roark Capital.[2]
As of May 2025, Forbes estimated his net worth at US$4.1 billion.[1]
Personal life
[edit]Aronson is married to Wendy Conrad; they live in Atlanta, Georgia and have three children.[4]
References
[edit]- 1 2 Sorvino, Chloe (September 20, 2023). "The Drive-Thru Billionaire Who's Trying To Save Subway". Forbes. Retrieved September 22, 2024.
- 1 2 3 "Leadership Breakfast Series: Neal Aronson, Founder & Managing Partner of Roark Capital". HBS. Retrieved September 22, 2024.
- ↑ Sorvino, Chloe (July 27, 2020). "Why Fast Food's Smartest Operator Is Expanding When Business Is Terrible". Forbes. Retrieved September 22, 2024.
- ↑ Ewen, Beth (October 12, 2020). "A Deal to Envy How Roark Capital wins the big brands". Franchise Times. Retrieved September 22, 2024.