Portrait of David Rubenstein

Rank #1039

David Rubenstein

Net worth $4.1B

Private equity · United States

Born
Aug 11, 1949
Age
76
Source
Private equity
Residence
Bethesda, Maryland
Citizenship
United States
Marital status
Divorced
Children
3
Education
Bachelor of Arts/Science, Duke University; Doctor of Jurisprudence, University of Chicago

Net worth over time

Biography

  • David Rubenstein is one of three billionaire founders of private equity firm Carlyle Group, which has $465 billion in assets under management.
  • He cofounded Carlyle in 1987 with William Conway Jr. and Daniel D'Aniello. He now serves as non-executive co-chairman.
  • Rubenstein got his start as a Carter Administration official and later became an attorney.
  • In the early days Rubenstein raised the money and managed Carlyle's stable of advisers, which included George H.W. Bush.
  • He is the controlling owner of the Baltimore Orioles, which he purchased with an investor group in 2024 for $1.75 billion.
  • In 2007 Rubenstein bought one of just four surviving originals of the 13th-century Magna Carta for $24.5 million from late billionaire H. Ross Perot.
  • Since 2011, Rubenstein has donated to the National Zoo to promote panda procreation through conservation efforts in China and reproductive science research.

Financial assets

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