76. Leon Black


the son of a wealthy busi­ness­man and an artist, black went to field­ston in the bronx for high school and then to dart­mouth, where he ma­jored in phi­los­o­phy and his­tory. his fa­ther died in 1975, and black put his $75,000 life in­surance pay­out into com­modi­ties trad­ing, in­creas­ing it to more than $600,000, only to lose all but $25,000. he co­founded apollo global man­age­ment in 1990, the year his former em­ployer drexel burn­ham lam­bert filed for bank­ruptcy; he is still ceo and chair­man of the $232 billion (as­sets) firm.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.