Rick Schnall

Rick Schnall (born 1969/1970) is an American businessman, co-president of private equity firm Clayton, Dubilier & Rice, minority owner of the Atlanta Hawks, and among the majority owners of the Charlotte Hornets.

Biography

Schnall is a graduate of the University of Pennsylvania and the Harvard Business School. After school, he worked for Smith Barney and Donaldson Lufkin & Jenrette. In 1996, he joined Clayton, Dubilier & Rice eventually reaching partner where he started and oversees the healthcare, tech and financial services verticals.

Atlanta Hawks

In 2015, Schnall was part of a group led by Tony Ressler along with Grant Hill, Sarah Blakely, Jesse Itzler, and Steven Price, that successfully purchased the Atlanta Hawks for $850 million. He was selling his stake in the Hawks as of July 2023.

Charlotte Hornets

In June 2023, Schnall along with Gabe Plotkin successfully purchased the Charlotte Hornets from majority owner, Michael Jordan.

Personal life

Schnall is of Jewish descent and lives in New York City.

References

1. Gabe Plotkin
2. List of NBA team owners
3. Jesse Itzler
4. Charlotte Hornets
5. Tony Ressler
6. 2023–24 Charlotte Hornets season
7. 2024–25 Charlotte Hornets season
8. Ryan Smith (businessman)
9. Patrick Dumont
10. Jeanie Buss
11. Justin Ishbia
12. Atlanta Hawks
13. Miriam Adelson
14. Boston Basketball Partners
15. Micky Arison
16. Mat Ishbia
17. Steven Price (businessman)
18. Michael Jordan
19. Mark Cuban
20. Herb Simon (businessman)