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Leon Black is an American businessman who has an estimated net worth of $4.92 billion as of March 2017, according to Bloomberg.

Before pursuing his business venture, Leon Black worked as managing director for the investment bank, Drexel Burnham Lambert from 1977 to 1990. He co-founded a private equity firm, Apollo Global Management.

His company expanded its geographic scope and raised its first CLO funds in the region in 2013. The following year, they started to invest minerals rights assets with Double Eagle Energy Holdings.

Leon David Black was born on July 31, 1951. He is married to Broadway producer Debra Ressler and has four children.

Earnings & Financial Data

Date

Category

Description

Amount

2015

Asset

Estimated purchase value of the seven-bedroom mansion bought from Hollywood actor Tom Cruise in Beverly Hills, California

$40,000,000

2011

Earning Turned Donation

Amount donated to Dartmouth College

$48,000,000

2006

Earning Turned Donation

Amount donated to Melanoma Research Alliance

$25,000,000