Leon Black
Leon David Black is an American investor and art collector. He specializes in leveraged buyouts and private equity. He founded the private equity firm Apollo Global Management in 1990. He is the chairman of MoMa.
- Leon Black is the cofounder, chairman and CEO of private equity behemoth Apollo Global Management, which manages over $300 billion in assets.
- He spent much of his early career at investment bank Drexel Burnham Lambert, where he eventually headed the mergers and acquisitions group.
- After Drexel filed for bankruptcy in 1990, Black founded Apollo with colleagues Joshua Harris and Marc Rowan, both of whom are billionaires.
- Apollo went public in 2011; Black still owns roughly 23% of the company.
- Black chairs New York’s Museum of Modern Art and is also a member of The Council on Foreign Relations.