Date of Birth: July 31, 1951
Zodiac Sign: Leo
Biography
Leon David Black is an American businessman, best known as the co-founder, chairman, and former CEO of Apollo Global Management, one of the largest private equity firms in the world. Born into a Jewish family in New York City, Black’s father was Eli M. Black, a prominent businessman, and his mother, Shirley Lubell, was an artist. He attended the prestigious Dartmouth College, where he graduated summa cum laude with a bachelor’s degree in Philosophy and History. He later earned an MBA from Harvard Business School. Black began his career in finance at the investment bank Drexel Burnham Lambert, where he worked under the infamous Michael Milken in the high-yield bond department. After Drexel collapsed in 1990, Black co-founded Apollo Global Management, which has since grown to manage billions of dollars in assets. Despite his business success, Black has faced controversy, including scrutiny over his business dealings with the late Jeffrey Epstein. In 2021, he stepped down as CEO of Apollo amid these controversies but remains a significant figure in the finance world.
5 Interesting Facts about Leon Black
1. Leon Black co-founded Apollo Global Management in 1990.
2. He was one of the primary figures at Drexel Burnham Lambert before its collapse.
3. Black has a significant art collection and has made substantial donations to arts institutions.
4. He is a trustee of the Museum of Modern Art in New York City.
5. Black stepped down as CEO of Apollo in 2021 amid scrutiny over his ties to Jeffrey Epstein.
5 Most Interesting Quotes from Leon Black
1. “In the investing world, you have to be counterintuitive.”
2. “Risk is the price you never thought you’d have to pay.”
3. “A certain degree of self-confidence is essential to success.”
4. “You must have discipline in your investment approach.”
5. “The greatest opportunities often come from taking the greatest risks.”
Highest Net Worth Achieved
Leon Black’s highest net worth achieved was approximately $9 billion.
Children
Leon Black has four children with his wife, Debra Black. Their names are Victoria Black, Alexandra Black, Benjamin Black, and Joshua Black.
Relevant Links
1. [Leon Black on Forbes](https://www.forbes.com/profile/leon-black/
2. [Apollo Global Management Official Website](https://www.apollo.com/
