Leon Black Net Worth, Age, Family & Biography $12.3 B Real Time Net Worth #195 in the world today

Avan Parvadiya — Fri, 14 Jul 2023 06:34:34 +0000

About Leon Black

Leon David Black is an investor in private equity in the United States. In 1990, he co-founded Apollo Global Management and held the position of CEO there until 2021. He is also well-known for his contributions, including a $48 million gift to Harvard University to provide low-income students with financial aid. Black and his wife, Debra Black, have four children together.

Apollo Global Management co-founder Leon Black (left) has drawn heat for using disgraced financier Jeffrey Epstein to help with his finances.

Leon Black Family

Leon David Black’s born on July 31. Dark is the child of Eli M. Dark (1921-1975), a conspicuous Jewish financial specialist who emigrated from Poland and was most popular for possessing the Unified Brands Organization. Shirley Lubell, his mother, was an artist. In 1975, his dad kicked the bucket by self-destruction, leaping out of the 44th floor of the Dish Am Working in New York City. Later, it was made public that federal regulators were looking into claims that United Brands was bribing Honduran officials at the time.

Leon Black Education

Black graduated from Dartmouth College in 1973 with an AB in philosophy and history and Harvard University in 1975 with an MBA.

Leon Black Career

Black worked as an accountant at Boardroom Reports’ publisher and at Peat Marwick, which later became KPMG. He also went to Lehman Brothers for an interview, but he was told that he didn’t have the personality or brains to be successful on Wall Street. Black held positions as managing director, head of the Mergers & Acquisitions Group, and co-head of the Corporate Finance Department at investment bank Drexel Burnham Lambert from 1977 to 1990.

Tony Ressler, co-founder of another private equity firm Ares Management, is his brother-in-law. Black has donated generously to arts organisations and museums, including the Metropolitan Museum of Art and the Museum of Modern Art in New York City, in addition to his work in finance. He is also an art collector.

Attendee Nancy Marks, from left, Leon Black, chairman and chief executive officer of Apollo Global Management LLC, and theater producer Debra Black stand for a photograph during the Film Society of Lincoln Center tribute to Catherine Deneuve in New York, U.S., on Monday, April 2, 2012.

Leon Black Facts

The Wall Street Journal reported that Black had paid $119.9 million for the pastel, the highest price ever paid for an artwork at auction at the time, two months after an anonymous buyer of one of four versions of Edvard Munch’s The Scream in May 2012. The Museum of Modern Art announced in September 2012 that the painting would be on display for six months beginning in October.