Peter Sperling's net worth is $1.6 billion. Peter Sperling's net worth makes him one of the richest people in Arizona. Peter Sperling is the son of successful educational entrepreneur, John Sperling. A graduate of the University of California-Santa Barbara, where he earned a B.A. in Economics, Mr. Sperling went on to earn his M.B.A.
from the school his father founded, the University of Phoenix. He currently serves as the Senior Vice President and Director of the Apollo Group, and the multiple educational institutions that it manages. He is also the co-founder and current Chairman of FuzeBox, Inc., formerly known as Callwave, Inc. FuzeBox began as a fax and internet answering machine company in the late 90s, but has since shifted its focus to movie editing and video conference call platforms in an effort to remain profitable. Mr. Sperling also sponsored Proposition 7 in 2008, a bill which, had it been passed, would have required all utilities in California to get half of their power from renewable energy by the year 2025.
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