David Rubenstein net worth-American businessman and lawyer, David Mark Rubenstein was born on August 11, 1949, in Baltimore, Maryland in the United States of America.
How much is David Rubenstein worth?
As of 2024, David Rubenstein has a net worth estimated to be about $3.8 billion. He is believed to have amassed his impressive net worth from his numerous business ventures and also as the co-founder of the private equity firm The Carlyle Group, a global private equity investment company based in Washington, D.C.
David Rubenstein assets
David Rubenstein is believed to own some luxurious properties in America including lavish cars, mansions, and other assets. However, we have no information about his assets and lifestyle at the time of filing this report.
David Rubenstein career
Rubenstein worked for Paul, Weiss, Rifkind, Wharton & Garrison in New York from 1973 until 1975. He was principal counsel to the Subcommittee on Constitutional Amendments of the U.S. Senate Judiciary Committee from 1975 to 1976.
In addition, Rubenstein worked in private practice in Washington, D.C., and was President Jimmy Carter’s deputy domestic policy advisor.
Along with Daniel A. D’Aniello and William E. Conway Jr., Rubenstein created The Carlyle Group in 1987. With over 1,800 workers spread across 31 offices across six continents and $293 billion in assets under management, the company has expanded into a global investment institution.
Sicelo P. Nkambule’s book A Pursuit of Wealth states that David Rubenstein expressed concern that the private equity bubble would come to an end in January 2006.
According to Rubenstein, his biggest financial regret to date was turning down the chance to meet Mark Zuckerberg and make an investment in Facebook prior to his Harvard dropout.
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In the very early days of the company, Rubenstein claimed to have rejected a 20% interest in Amazon. If all went according to plan, he estimated that he would be worth no more than $300 million to Jeff Bezos, the founder of Amazon.
He established Declaration Capital, a family office that specializes in real estate, venture capital, growth, and family-owned companies, in 2018.
The chairman of The Carlyle Group, which owns several mobile home parks and has been evicting low-income residents by raising rent, has drawn public criticism for the actions of the company.
John Oliver brought up the difficulty and expense of moving manufactured homes in a Last Week Tonight program. As a result, low-income residents face homelessness and eviction as rising rents put them out of their mobile home parks.
Rubenstein’s debut book was released in October 2019. The book, titled The American Story: Interviews with Master Historians (Simon & Schuster), has historians discussing their fields of historical specialization in interviews.
Interviews with David McCullough about John Adams, Jon Meachem about Thomas Jefferson, Ron Chernow about Alexander Hamilton, and Walter Isaacson about Benjamin Franklin are among those conducted by Rubenstein.
Simon & Schuster released his second book, How to Lead, in September 2020. In addition to thirty interviews with leaders in industry, government, the military, sports, and culture, this book includes Rubenstein’s thoughts on leadership.
Rubenstein’s third book, The American Experiment, which tells the story of how American democracy and democratic values have changed over the centuries via the lives of people who have represented the American dream, was released by Simon & Schuster in September 2021.
The David Rubenstein Show: Peer-to-Peer Conversations and Bloomberg Wealth with David Rubenstein are the two programs that Rubenstein hosts on Bloomberg Television. Peer to Peer, which debuted in October 2016, can be seen on Curiosity Stream and other PBS stations.
In addition, he is the host of the New York Historical Society’s television program, History with David Rubenstein, on PBS. In addition, Rubenstein is the host of the New York Historical Society’s audio podcast “For the Ages”.
Rubenstein was reportedly mentioned as one of the Baltimore Orioles’ possible purchasers in December 2023. Rubenstein had thought of purchasing the Washington Nationals in the past.
The Peter Angelos family may complete a sale in the first half of 2024 if everything goes according to plan. Forbes estimated the team’s value at $1.7 billion in 2023. John P. Angelos, the CEO of the Orioles, called Maryland Governor Wes Moore after learning of the claims to clarify that the Angelos family had no intention of selling the organization.
A $1.725 billion agreement to purchase the Orioles was made on January 30, 2024, between Rubinstein and a consortium that included Cal Ripken Jr. and financier Michael Arougheti of New York.
Following Peter Angelos’s passing, the group would purchase 40% of the franchise, if allowed by the league’s owners.
Source: www.Ghgossip.com
Categories: News
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