Joshua Harris is a billionaire Co-founder and Senior Managing Director of private equity giant Apollo Global Management. He also owns the Philadelphia 76ers. In March, he was among a handful of business leaders who met with Trump to discuss the President’s infrastructure plan, which private equity firms including Apollo stand to make enormous profits from. It seems the meeting (and Trump’s ongoing close relationships with private equity billionaires, including Stephen Schwarzman of Blackstone) is paying off for private equity; Trump’s tax plan maintains key tax loopholes for private equity firms and it is becoming increasingly clear that the Trump agenda of corporate de-regulation will enrich private equity billionaires including Harris.
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