Early Life
Peter V. Sperling was born in 1960, the son of John Sperling, the founder of the University of Phoenix. Growing up in a family deeply involved in education, Peter developed a strong interest in business and entrepreneurship from an early age. Sperling earned his Bachelor of Arts in Economics from the University of California, Santa Barbara, and later obtained an MBA from the University of Phoenix.
Rise to Success
Sperling's career is marked by significant achievements in the business world. He served as the former Chairman of Apollo Group, the parent company of the University of Phoenix, playing a pivotal role in the institution's growth. He joined Apollo Education in 1986 and became chairman of Apollo Group in 2001, a position he held until 2017. During his tenure, the University of Phoenix became one of the largest for-profit universities in the United States. After stepping down from Apollo, Sperling became chairman of CallWave, a communications services company, and holds a 19% ownership stake.
Key Business Strategies
Sperling has been involved with several notable companies throughout his career, including Apollo Education Group and CallWave, Inc.. His leadership in these roles demonstrates his entrepreneurial spirit and business acumen. In 2008, he sponsored and financially backed Proposition 7 in California's general election.
Philanthropy
While specific figures are unavailable, Sperling's support for Proposition 7 indicates his engagement in civic initiatives.