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Finance mogul Leon Black, renowned as an American investment powerhouse and former CEO of Apollo Global Management, frequents headlines not only for his financial acumen at Apollo and previous tenures at Drexel Burnham Lambert and Peat Marwick but also for his extensive art collection, featuring masters like Munch and Picasso. A Dartmouth and Harvard alumnus, Black's professional journey is marred by ties with the infamous Jeffrey Epstein, resulting in substantial payments for unspecified financial services, and recent sexual misconduct allegations, sparking both lawsuits and a U.S. Senate investigation into his tax practices.
July 31, 1951
74 years
Private Equity
Finance & Investments
United States
New York, New York
Bachelor of Arts/Science, Dartmouth College; Master of Business Administration, Harvard University
Leon David Black, born on July 31, 1951, in New York City, United States, is an American private equity investor and co-founder of Apollo Global Management. His father, Eli M. Black, was a prominent Jewish businessman known for owning the United Brands Company.
Leon Black: Family
Leon Black comes from a wealthy and influential family. His father, Eli M. Black, was a successful businessman, and his mother, Shirley (née Linsky) Black, was a homemaker. Leon has two siblings, a brother named Bennett and a sister named Debra.
Leon Black: Career Highlights
After completing his education, Leon Black embarked on a successful career in the financial industry. He worked at Peat Marwick and Drexel Burnham Lambert before co-founding Apollo Global Management in 1990. Under his leadership, Apollo grew into one of the world's largest alternative investment management firms.
Leon Black: Companies
Leon Black is associated with several notable companies. He is the co-founder and former CEO of Apollo Global Management, a leading alternative investment management firm. He also served as the chairman of the Museum of Modern Art (MoMA) from 2018 to 2021.
Leon Black: Major Achievements
Leon Black has achieved significant success in the financial industry. He is credited with building Apollo Global Management into a global investment powerhouse. Under his leadership, the firm's assets under management grew from a few billion dollars to over $400 billion.
Leon Black: Awards & Achievements
Leon Black has received numerous awards and recognitions for his contributions to the financial industry. He was named "Private Equity Person of the Year" by Private Equity International in 2007 and was inducted into the Private Equity Hall of Fame in 2018.
Leon Black: Personal Life & Legacy
Leon Black is known for his extensive art collection, which includes works by renowned artists such as Edvard Munch, Raphael, and Pablo Picasso. He is also known for his philanthropic efforts, having donated to various charitable organizations, including the Melanoma Research Alliance.
However, his personal life has been marred by allegations of sexual misconduct, which have resulted in lawsuits and investigations.
Leon Black: Trivia
Leon Black's relationship with the late financier Jeffrey Epstein has been a subject of scrutiny. Black reportedly paid Epstein millions of dollars for financial services, and their association has raised questions about Black's judgment and ethics.
Leon David Black is born.
Black's father, a Jewish businessman, owns the United Brands Company.
Black studies at Dartmouth College.
Black studies at Harvard Business School.
Black works at Peat Marwick.
Black works at Drexel Burnham Lambert.
Black co-founds Apollo Global Management.
Black serves as the CEO of Apollo Global Management.
Black develops a relationship with Jeffrey Epstein and pays him millions for financial services.
Black donates to the Melanoma Research Alliance.
Black owns a fine art books publishing house.
Black's art collection includes works by Edvard Munch, Raphael, and Picasso.
Black faces sexual misconduct accusations, resulting in lawsuits.
Black pays $62.5 million to be released from claims related to Epstein.
The U.S. Senate Finance Committee investigates Black's tax strategies and dealings with Epstein.
Black becomes the chairman of the Museum of Modern Art.
Black steps down as chairman of the Museum of Modern Art.
What is Leon Black's current net worth?
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Who is Leon Black and what is he known for in the finance industry?
What roles has Leon Black held at Apollo Global Management and in the art world?
How has Leon Black contributed to philanthropy and the arts?
What controversies have surrounded Leon Black in recent times?