Leslie Alexander
$1.92B
as of 07/05/24
About Leslie Alexander
In late 2017 Leslie Alexander sold the Houston Rockets NBA team to Tilman Fertitta for $2.2 billion, 25 times what bought it for.
Alexander paid $85 million for the Rockets in 1993, just before Hakeem Olajuwon led the team to NBA titles in the next two seasons.
He debuted on the Forbes 400 in 2006 due to his stake in student loans securitizer First Marblehead, though the Rockets proved a better investment.
Alexander started building his fortune by trading bonds after dropping out of Brooklyn Law School.
Personal stats
Citizenship
United States of AmericaSource of wealth
Sports teamResidence
Houston, TexasMarital status
DivorcedBirth date
06/30/43 (age 81)Number of children
1Education
Bachelor of Arts/Science, New York University; Doctor of Jurisprudence, Western State University College of LawSelf-made
self-madeLeslie Alexander’s fortune is worth
32K
troy ounces of gold
30K
median U.S. household
19K
median U.S. income
0.038%
U.S. credit card volume
0.008%
GDP of the United States
0.006%
United States debt
Net worth history
Annual ranking
Did you know?
Alexander dropped out of Brooklyn Law School at age 21 after his father died and headed to Wall Street to help provide for his mother.
Net worth over time
Real-time ranking
Financial assets
NYSE | FMD-US
First Marblehead Corp.Images © Forbes.com. All rights reserved.