Leon Black
Born 1951 · Age 74
American private equity investor and art collector. Co‑founder of Apollo Global Management (1990). Former CEO and chairman of Apollo until 2021. Dartmouth AB (1973), Harvard MBA (1975). Resigned in 2021 amid scrutiny over payments to Jeffrey Epstein.
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Life & Career Timeline
Graduated Dartmouth College (AB)
Received an AB in philosophy and history from Dartmouth College.
Graduated Harvard Business School (MBA)
Earned an MBA from Harvard Business School.
Began career in investment banking (post-MBA)
After his MBA, Black entered investment banking/finance, the start of his professional rise (text references subsequent rise through leveraged buyouts and distressed investing). Year is the MBA graduation year; exact hire date not specified.
Led Drexel Burnham Lambert M&A team (approx.)
The text states Black previously led Drexel Burnham Lambert's mergers & acquisitions team; no precise year given. Placed here as an approximate 1980s career milestone when Drexel was active in M&A/leveraged-buyout activity.
Rose to prominence via leveraged buyouts/distressed investing (approx.)
Black gained prominence through leveraged buyouts and distressed-asset investing, activities tied to his time at Drexel and subsequent deals (text does not give specific dates).
Co‑founded Apollo Global Management
Co‑founded Apollo Global Management with Marc Rowan and Josh Harris.
Became CEO of Apollo Global Management
Assumed the role of CEO at Apollo (text indicates he served as CEO and chairman while building the firm). Exact start date inferred as at founding.
Became Chairman of Apollo Global Management
Assumed the role of chairman at Apollo (text indicates he served as CEO and chairman until 2021). Start inferred at or shortly after founding.
Built Apollo into major alternative asset manager (milestone, approximate)
Over the 1990s–2000s Apollo grew to become one of the world's largest alternative asset managers; the text summarizes this achievement without precise year markers. This event marks the maturation into a global leader (approx. milestone by 2000s).
Named Chairman of the Museum of Modern Art (MoMA)
Appointed chairman of MoMA, reflecting his role as an art collector and patron.
Resigned as CEO/chair of Apollo Global Management
Resigned from Apollo, ending his tenure as CEO and chairman amid scrutiny tied to payments to Jeffrey Epstein and related allegations.
Resigned as Chairman of the Museum of Modern Art
Resigned from his role as MoMA chairman; served from 2018 to 2021.
Payments to Jeffrey Epstein reported ($158M) and public scrutiny
Reports and scrutiny arose over $158 million in payments to Jeffrey Epstein; this scrutiny was linked to his resignations and public controversies.
Stepped down from leadership roles amid controversy
In 2021 Black stepped away from leadership at both Apollo and MoMA following investigations and media scrutiny related to Epstein payments.
Public identification as art collector and philanthropist (continued)
Recognized publicly as an art collector and philanthropist, with roles at major institutions such as MoMA (appointment and resignation 2018–2021).
Legacy: Built Apollo into a leading alternative asset manager (summative milestone)
By his resignation in 2021, Black had overseen Apollo's growth into one of the world's largest alternative asset managers.
Personal: Married with four children (public fact)
Married to stage producer Debra Ressler Black; the couple has four children. Specific marriage date and children's birthdates not provided in text.
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