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Born to a poor family in Missouri Ozarks, John Glen Sperling has founded the Apollo Group and Phoenix University which earned him a great deal of fortune. Through its subsidiaries, Apollo Group Inc. currently owns and runs a number of for-profit educational institutions which include the Western International University, College for Financial Planning, Institute for Professional Development and the University of Phoenix.

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The company also operates the Olympus High School and Insights Schools which are online public high schools based in Wisconsin, Washington, and other locations. Apollo Group Inc. also owns the BPP University College of Professional Studies based in the United Kingdom.

Earnings & Financial Data

Date

Category

Description

Amount

2013

Salary

Annual salary as the Chairman Emeritus of the Apollo Group of the University of Phoenix

$6,870,000

2012

Salary

Annual salary as the Chairman Emeritus of the Apollo Group of the University of Phoenix

$6,950,000

2007

Asset

Investment in a cloning project called Genetic Savings & Clone (GS&C), of Sausalito, California

$20,000,000

2001

Asset

Market capitalization of the Apollo Group--parent of University of Phoenix and related interests

$7,000,000,000