Last Updated: 29 Mar, 2024 | Views: 343
Age: 73
Profession: Business Men
Other Profession(s): Investor, Financier
Famous For: Co-founder of Apollo Management
Higher Education: Graduated
Net Worth: $10.2 Billionaires
About (Profile/Biography):
Leon Black was born on July 31, 1951 in New York. Leon Black received an AB in philosophy and history from Dartmouth College in 1973 and an MBA from Harvard University in 1975.Leon Black is an American private equity investor. Leon Black is the former CEO of Apollo Global Management, which he co-founded in 1990 with Marc Rowan and Josh Harris.Leon Black was the chairman of the Museum of Modern Art from 2018 to 2021.
Leon Black Career:
Leon Black Started out As An Accountant:
• Leon Black started out as an accountant at Peat Marwick and with the publisher Boardroom Reports.
• Leon Black also interviewed at Lehman Brothers but was told he did not have the brains or personality to succeed on Wall Street.
Leon Black Work For Investment Bank Drexel Burnham Lambert:
• From 1977 to 1990, Leon Black was employed by investment bank Drexel Burnham Lambert.
• Leon Black rose to managing director and head of the Mergers & Acquisitions Group, and co-head of the Corporate Finance Department.
Leon Black Settlement with Huntsman Corporation:
• In 2009, Leon Blackcontributed $60 million in a settlement with Huntsman Corporation after Apollo was sued for backing out of a merger the previous year.
• In 2021, Black stepped down as CEO and chairman after Dechert LLP, which had been retained several months earlier by Apollo to investigate Black's dealings with Jeffrey Epstein.
Leon Black Acquired Phaidon Press:
• In 2012, Leon Blackacquired Phaidon Press, a fine art books publishing house.
• Leon Black had been the one who had paid $119.9 million for the pastel, the highest price ever paid for a work of art at auction as of that time.
Leon Black Lawsuit over the Picasso sculpture:
• In June 2016, Leon Black lawsuit over the Picasso sculpture Bust of a Woman between the advisory firm Pelham Europe and art gallery owner Larry Gagosian was settled.
• The settlement included Leon Black getting the sculpture and Widmaier Picasso paying Pelham an undisclosed amount.
Leon Black Unknown Facts:
• Jeffrey Epstein relationship: Leon Black stated initially that he maintained a "limited relationship" with Jeffrey Epstein.
• Sexual misconduct accusations: In March 2021, Guzel Ganieva claimed in a series of tweets that "I was sexually harassed and abused by Leon Blackfor years.
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