David Blitzer

$4.04 B

Ranked #1021 in World

About David Blitzer

David Scott Blitzer, an influential American investor and sports magnate, has marked his presence across major sports leagues globally. As a senior Blackstone executive and co-managing partner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils, Blitzer's portfolio extends through significant ownerships in association football clubs, including Crystal Palace and Real Salt Lake, among others. His strategic ventures through Harris Blitzer Sports & Entertainment, co-founded with Josh Harris, also spotlight investments in the MLB's Cleveland Guardians and a minority stake in the NFL's Washington Commanders, making him the first to claim team equity in North America's five major sports leagues. With a reported net worth of $2 billion and a career that started at Blackstone post-graduation from Wharton School, Blitzer's influence spans sports, real estate, and entertainment investments, positioning him as a notable figure in global sports and finance narratives.

Born

September 07, 1969 in Scotch Plains, New Jersey, U.S.

Age

56 years

Source Of Wealth

Sports

Industries

Sports

Citizenship

United States

Residence

New York, New York

Education

Bachelor of Arts/Science, The Wharton School at the University of Pennsylvania

Spouse

Allison Ross

Children

David Scott Blitzer, born on September 7, 1969, in Scotch Plains, New Jersey, had a humble upbringing. He attended Scotch Plains-Fanwood High School and graduated in 1987. Blitzer then went on to pursue higher education at the prestigious Wharton School of the University of Pennsylvania, where he graduated with honors in 1991.

David Blitzer: Family

Blitzer is married to Allison (née Ross) Blitzer, and together they have five children. His father-in-law, Stuart Ross, was convicted of extortion in 2010. Despite this, Blitzer has built a strong and successful family life.

David Blitzer: Career Highlights

Blitzer's career took off shortly after graduating from Wharton when he joined Blackstone, a leading global investment firm. He worked diligently and rose through the ranks, eventually becoming a senior executive at Blackstone and co-managing partner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils.

David Blitzer: Companies

Blitzer is the co-founder of Harris Blitzer Sports & Entertainment (HBSE) with Josh Harris. HBSE owns and operates several sports teams and venues, including the Philadelphia 76ers, New Jersey Devils, Delaware Blue Coats, Utica Comets, Dignitas, HBSE Real Estate, HBSE Ventures, and Elevate Sports Ventures. Additionally, Blitzer has ownership or significant shareholdings in various association football clubs, including Crystal Palace, G.D. Estoril Praia, AD Alcorcón, S.K. Beveren, ADO Den Haag, Real Salt Lake, Brøndby IF, and the Utah Royals.

David Blitzer: Major Achievements

Blitzer's major achievements include being the first person to own team equity in all five major sports leagues of North America (NBA, NHL, NFL, MLS, and MLB). He has also made significant investments in the Pittsburgh Steelers and the Washington Commanders. Blitzer's business acumen and strategic investments have contributed to the success of numerous sports franchises.

David Blitzer: Awards & Achievements

Blitzer's contributions to the sports industry have been widely recognized. He was named to the NHL's Executive Committee in 2023 and co-owns the Jupiter Links Golf Club of the virtual golf league TGL with Tiger Woods.

Additionally, Blitzer has been honored for his philanthropic efforts, including his work with the Blitzer Family Foundation.

David Blitzer: Personal Life & Legacy

Blitzer is a Jewish American who actively participates in various philanthropic endeavors. He is on the board of trustees of Mount Sinai Health System and Wharton School and is a donor to Hillel International. Blitzer's commitment to giving back to the community has left a lasting legacy.

David Blitzer: Trivia

Blitzer has shared his insights on the sports business industry by participating in panels hosted by Wharton School and Sportico. His expertise and experience make him a sought-after speaker and thought leader in the field.

Wealth History

Timeline

September 7, 1969

David Scott Blitzer is born in Scotch Plains, New Jersey.

1987

Graduates from Scotch Plains-Fanwood High School.

1991

Graduates from Wharton School of the University of Pennsylvania.

Shortly after graduation

Joins Blackstone.

2001-2011

Works in London for Blackstone.

2008

Meets Josh Harris and begins contemplating investing in sports.

2011

Forms an investment group that purchases the Philadelphia 76ers for $280 million.

2013

Purchases the New Jersey Devils and Prudential Center for $320 million.

2014

Founds the Blitzer Family Foundation.

2015

Purchases an 18% stake in Crystal Palace.

2017

Co-founds Harris Blitzer Sports & Entertainment with Josh Harris.

2020

Buys a $140 million stake in the Pittsburgh Steelers.

2022

Purchases Real Salt Lake and America First Field.

2022

Purchases a 25% stake in the Cleveland Guardians.

2023

Named to the NHL's Executive Committee.

2023

Part of the group that purchases the Washington Commanders for $6.05 billion.

David Blitzer : FAQs

What is David Blitzer's current net worth?

David Blitzer's current net worth is $4.04 billion.

What is David Blitzer's current global rank among billionaires?

David Blitzer holds the 1021st position globally among billionaires.

What is David Blitzer's current ranking within the United States?

David Blitzer holds the 384th position in United States.

What was the change in David Blitzer's net worth compared to the previous year?

David Blitzer's net worth increased by 396 million dollars compared to the previous year 2025, when his net worth was 3.65 billion dollars.

What are David Blitzer's main sources of wealth?

David Blitzer's main source of income comes from Sports.

In which industry does David Blitzer primarily operate?

David Blitzer is primarily involved in the Sports industry.

What is David Blitzer educational background?

David Blitzer holds a Bachelor of Arts/Science from The Wharton School at the University of Pennsylvania.

How old is David Blitzer?

David Blitzer is 56 years old.

How many children does David Blitzer have?

David Blitzer has 5 children.

Who is David Scott Blitzer and what is his role in the sports industry?

David Scott Blitzer is an American investor and sports team owner, known for being the senior executive at Blackstone and co-managing partner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils. He is also a co-founder of Harris Blitzer Sports & Entertainment and holds ownership or significant shares in several sports teams across major leagues.

What are some key football clubs owned or significantly invested in by David Blitzer?

David Blitzer has ownership or significant shares in several association football clubs, including Crystal Palace, G.D. Estoril Praia, AD Alcorcón, S.K. Beveren, ADO Den Haag, Real Salt Lake, Brøndby IF, and the Utah Royals.

Can you list the sports ventures and teams owned or co-owned by Harris Blitzer Sports & Entertainment?

Harris Blitzer Sports & Entertainment, co-founded by David Blitzer, owns the Delaware Blue Coats, Utica Comets, Dignitas, HBSE Real Estate, HBSE Ventures, and Elevate Sports Ventures. The company also purchased Real Salt Lake and America First Field in 2022 and reestablished the Utah Royals in the NWSL.

What significant personal details and philanthropic efforts are known about David Blitzer?

David Blitzer, of Jewish descent, is married to Allison (née Ross) Blitzer and they have five children. His net worth was estimated at $2.2 billion by Forbes in 2023. He is the founder of the Blitzer Family Foundation, a board member of Mount Sinai Health System and Wharton School, and a donor to Hillel International.