Leon Black’s profile picture

Leon Black

Leon Black’s profile picture
Net worth 2018: $6.54 Billion
Industry: Investments
Residence: New York, New York
Country: United States
BirthDay: 1951
Children: 4
Education: Bachelor of Arts / Science, Dartmouth College; Master of Business Administration, Harvard University
BIOGRAPHY

Leon Black was bornon 1951 in New York, New York, United States. Leon Black is #270 in List Billionaires People In The World. Leon Black is the cofounder, chairman and CEO of private equity behemoth Apollo Global Management, which manages $232 billion in assets. He spent much of his early career at investment bank Drexel Burnham Lambert, where he eventually headed the mergers and acquisitions group. After Drexel filed for bankruptcy in 1990, Black founded Apollo with colleagues Joshua Harris and Marc Rowan, both of whom are billionaires. Apollo went public in 2011; Black still owns roughly 22% of the company. In the summer of 2017, Apollo raised $24.6 billion for its newest fund, the biggest ever for a private equity fund.

NET WORTH STATISTIC
2009

$2 Billion

2010

$3 Billion

2011

$3.2 Billion

2012

$3.5 Billion

2013

$5.2 Billion

2014

$5.2 Billion

2015

$5 Billion

2016

$5 Billion

2017

$5.5 Billion

2018

$6.54 Billion

TIMELINE
2016

"In June 2016, a lawsuit over the Picasso sculpture Bust of a Woman between the advisory firm Pelham Europe and art gallery owner Larry Gagosian was settled

2015

On December 22, 2015, it was reported that Leon Black purchased at auction a complete set of the Daniel Bomberg Babylonian Talmud for $9

2013

In June 2013, it was revealed that Leon Black had purchased Head of a Young Apostle, an 11-inch wide work by Raphael for £29 million after a four-party bidding war

2012

In September 2012, The Museum of Modern Art announced the painting would go on view for a six-month period starting in October

2007

In 2007, the couple donated $25 million to form the new Melanoma Research Alliance

2002

He served on the Board of Trustees of Dartmouth College from 2002 to 2011

1990

In 1990, he co-founded, on the heels of the collapse of Drexel Burnham Lambert, the private equity firm Apollo Global Management

1977

From 1977 to 1990, Leon Black was employed by investment bank Drexel Burnham Lambert, where he served as managing director, head of the Mergers & Acquisitions Group, and co-head of the Corporate Finance Department

1975

In 1975, his father committed suicide by jumping out of the 44th floor of the Pan Am Building in New York City

1973

Black received a BA in Philosophy and History from Dartmouth College in 1973 and a MBA from Harvard University in 1975

1951

Leon David Black (born 1951) is an American businessman

1921

Black (1921–1975), a prominent Jewish businessman who emigrated from Poland and was best known for owning the United Brands Company

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