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HomeAll NewsMost read newsBusiness Leaders Biography
Portrait de Leon Black
Birthday : 07/31/1951
Place of birth : Manhattan (New York) - United States
Public asset : 4,996,708,731 USD
Country of residence : United States

Biography of Leon Black 
Leon Black is CEO and co-founder of Apollo Global Management LP, a LBO specialist fund, which manages more than 60 billion of dollars in assets mainly for institutional investors.

After a degree in philosophy and history obtained at Dartmouth College in 1973, Leon Black continues his studies and in 1975 he reached an MBA from Harvard Business School. In 1977 he joined the Drexel Burnham Lambert Incorporated, investment bank, where he worked as General Director, Director of Fusion & Acquisitions, and Co-director of the Corporate Finance Department.

During 13 years, Leon Black popularizes the LBO, and makes a name for oneself working with investor as Carl Icahn and T. Boone Pickens, by financing their hostile takeover bids. Drexel meets a catastrophic end, his director and mentor Michael Milken will end up in prison. Black escapes uninjured from this affair.

With capital recovered from Drexel, Leon Black founded in 1990 Apollo Management with Joshua Harris and Marc Rowan, as well managers of Drexel. He also founded Apollo Investment Corporation, and then a real estate’s branch called Area Property Partners.

Director of Rentals and Sirius Satellite Radio, Leon Black is also director of Dartmouth College, Museum of Modern Art and Mount Sinai Hospital. He is also member of National Advisory Committee of JP Morgan Chase and board member of Faster Cures.






Copyright © 4-traders.com
Anecdotes
Leon’s father, Eli Black, was implicated in corruption’s scandal when he was general director of United Fruit. He killed himself jumping from 44th floor of a building.
Citations
"We are pleased that TRS has selected us as its partner in this new program and believe this strategic partnership represents the further development of our business with respect to creating a select number of customized accounts that are highly synergistic with our fund structures".


Current positions of Leon Black 
Holdings of Leon Black 
Leon Black : Personal Network 
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01:22pJEFF BEZOS : Bid of $28 million wins a rocket trip to space with Bezos
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06/01TERRY GOU : Foxconn, founder Gou apply to purchase BioNTech vaccines for Taiwan
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Leon Black : Connections 


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