Age, Biography and Wiki
John Sperling was born on 9 January, 1921 in United States, is an American businessman (1921–2014). Discover John Sperling's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 93 years old?
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93 years old |
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Capricorn |
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9 January, 1921 |
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9 January |
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Date of death |
22 August, 2014 |
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United States
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We recommend you to check the complete list of Famous People born on 9 January.
He is a member of famous businessman with the age 93 years old group.
John Sperling Height, Weight & Measurements
At 93 years old, John Sperling height not available right now. We will update John Sperling's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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John Sperling Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is John Sperling worth at the age of 93 years old? John Sperling’s income source is mostly from being a successful businessman. He is from United States. We have estimated John Sperling's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
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Not Available |
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Source of Income |
businessman |
John Sperling Social Network
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Timeline
John Glen Sperling (January 9, 1921 – August 22, 2014) was an American billionaire businessman who is credited with having led the contemporary for-profit education movement in the United States The fortune he amassed was based on his founding of the for-profit University of Phoenix for working adults in 1976, which became part of the publicly traded Apollo Group.
Sperling brought the business model of higher education to the forefront, a model that employed the scientific management of higher education to the forefront: diminishing the power and importance of labor, increasing the importance of technology, marketing and advertising, and as University of Phoenix cofounder John D. Murphy explained, maximizing profit.
For ventures ranging from pet cloning to green energy, he has widely been described as an "eccentric" self-made man by The Washington Post and other media.
Sperling was born to a poor sharecropper family in the Missouri Ozarks.
His father worked for the railroad and his mother was a fundamentalist Christian.
He spent several years as a sailor in the merchant marine, and even as a wandering 1950s beatnik.
He received his undergraduate education at Reed College, Portland, Oregon, a master's degree from the University of California, Berkeley under the G.I. Bill, and then went on to read for a PhD in economic history at King's College, Cambridge.
He was an activist for several liberal causes during the 1960s, such as building a powerful new California faculty union, and was part of several conflicts with authorities and university leaders regarding his experimental adult education schemes.
John Sperling was also an opponent of drug prohibition and was financing initiatives to decriminalize medical marijuana in the United States.
According to Time magazine, Sperling used marijuana to combat pain caused by the cancer he fought during the 1960s.
Apollo was founded by John Sperling in 1973.
Sperling founded the University of Phoenix in his 50s with no investors and no track record in businesses while facing what he described in his biography as "mean-spirited" opposition from accreditation agencies, competitors, and the press.
The company owned and operated four higher-learning institutions: the University of Phoenix, Western International University, Axia College, the College for Financial Planning, the Institute for Professional Development.
It also owned Insight Schools (Online Public High Schools for Washington, Wisconsin, and other locations), and Olympus High School.
In 1976, it began in Phoenix, with the first class consisted of eight students.
In 1980, the school expanded to San Jose, California, and in 1989, the university launched its online program.
The school formerly had an enrollment of 420,700 undergraduate students and 78,000 graduate students, or 224,880 full-time equivalent students.
The university had more than 200 campuses worldwide and conferred degrees in over 100 degree programs at the associate, bachelor's, master's and doctoral levels.
University of Phoenix has an open enrollment admission policy, requiring only a high-school diploma, GED, or its equivalent.
The school also provides associate or bachelor's degree applicants opportunity for advanced placement through its prior learning assessment, which, aside from previous coursework, college credit can come from experiential learning essays, corporate training, and certificates or licenses.
Before becoming an entrepreneur at age 53, Sperling was a tenured professor at San Jose State University.
Together with George Soros, and Peter Lewis of Progressive Insurance, Sperling raised considerable amounts of money for drug and other related causes, especially during the 2004 presidential campaign.
Sperling directed significant amounts of his attention and financial resources toward extending the life span of human beings—research into life extension technology or "biological immortality".
Wired magazine reported in their February 2004 article "John Sperling Wants You to Live Forever" that his fortune was quickly approaching US$3 billion, and that he had plans to donate it to human biology research if and when he died.
It was to be the biggest private program ever devoted to human biology.
Sperling since indicated that his fortune would go primarily to environmental causes.
As of November 2005, the combined enrollment of the four U.S. domestic universities (UOPX, WIU, Axia, CFFP) was approximately 315,350 students.
Of these, nearly 90% attended the University of Phoenix, which Apollo Group described as "the nation’s largest regionally accredited private university".
Additionally, Apollo Group, Inc. was the owner of BPP University in the United Kingdom.
It joined forces with Carlyle Group to create Apollo Global for investing in education abroad.
Apollo Global also purchased UNIACC college in Santiago, Chile and ULA college in Mexico.
The University of Phoenix was a for-profit institution of higher learning.
It was a wholly owned subsidiary of Apollo Group Inc. which was a publicly traded (nasdaq: APOL) S&P 500 corporation based in Phoenix, Arizona.
The University of Phoenix was founded by John Sperling, who felt that "working adult students were often invisible on traditional campuses and treated as second-class citizens."
Sperling is also quoted as saying "We are not trying to develop [students'] value systems or go in for that 'expand their minds' bullshit."
Sperling provided financing to Genetic Savings & Clone (GS&C), of Sausalito, California, which closed in 2006.
He spent seven years and $20 million trying to clone a dog named Missy in a project called Missyplicity.
His doctorate thesis examined 18th-century English mercantile history.
Apollo Group (nasdaq: APOL) was an S&P 500 corporation based in the South Phoenix area of Phoenix, Arizona.
Apollo Group, Inc., through its subsidiaries, owned several for-profit educational institutions before it was acquired by Apollo Global Management and two other companies.