David Rubenstein (2024)

About David Rubenstein

  • David Rubenstein is one of three billionaire founders of private equity firm Carlyle Group, which is approaching $400 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 donated $18.5 million in 2016 to restore the Lincoln Memorial and expand exhibits and research there.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Personal Stats

Age
74
Source of Wealth
Private equity, Self Made
Self-Made Score
9
Philanthropy Score
4
Residence
Bethesda, Maryland
Citizenship
United States
Marital Status
Divorced
Children
3
Education
Bachelor of Arts/Science, Duke University; Doctor of Jurisprudence, University of Chicago

Did you know

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.

In Their Own Words

The obsession with the making of money rarely leads to the actual making of money. The obsession with achieving excellence and with doing the best job possible, doing something no one else can do as well is usually what leads to making a fortune.

David Rubenstein

More on Forbes

David Rubenstein (2024)

FAQs

How much did David Rubenstein pay for the Magna Carta? ›

In December 2007 Rubenstein purchased the last privately owned copy of Magna Carta at Sotheby's auction house in New York for $21.3 million. He has lent it to the National Archives in Washington, D.C. In 2011, Rubenstein gave $13.5 million to the National Archives for a new gallery and visitor's center.

How did Rubinstein get rich? ›

How Did Rubinstein Get Rich? Rubenstein became rich turning the Carlyle Group, a leveraged buyout shop he co-founded, into one of the largest private equity firms in the world.

Who is Rubenstein's wife? ›

Who bought a copy of the Magna Carta? ›

In 1297 King Edward I enrolled a revised version on the statute books; this is the version that Rubenstein bought. This year, the Magna Carta's 800th, saw much celebration of the document, whose declaration of rights is widely regarded as a foundation of American democracy—widely, but not universally.

How much is the Magna Carta worth today? ›

(CNN) -- The only copy of the Magna Carta in the United States, regarded as the earliest declaration of human rights, will be returned to the National Archives by the man who purchased it for more than $21.3 million.

Who broke the Magna Carta? ›

Within three months of it being issued at Runnymede, Pope Innocent III had annulled the charter, the rebels had renounced their homage to the king and invited the son of the king of France to take the crown of England in John's place.

How did Rubenstein get rich? ›

Rubenstein, 74, a former White House staffer who became a leveraged-buyout legend, built Carlyle into one of the world's largest managers of alternative assets. He has a net worth of about $5 billion, according to the Bloomberg Billionaires Index, and also hosts a Bloomberg Television show.

What is David Rubenstein's net worth? ›

What teams does David Rubenstein own? ›

Mr. Rubenstein is a Baltimore native and is the Chairman and CEO of Major League Baseball's Baltimore Orioles. Prior to forming Carlyle in 1987, Mr. Rubenstein practiced law in Washington, D.C. with Shaw, Pittman, Potts & Trowbridge LLP (now Pillsbury Winthrop Shaw Pittman LLP).

How many Magna Cartas still exist? ›

Only four original copies of Magna Carta survive. Two are kept in the British Library (one of which was badly damaged by fire in 1731), one in Salisbury cathedral, and one in Lincoln castle.

Is Magna Carta still in effect? ›

The Clauses of Magna Carta

There are clauses on the granting of taxes, towns and trade, the extent and regulation of the royal forest, debt, the Church and the restoration of peace. Only four of the 63 clauses in Magna Carta are still valid today - 1 (part), 13, 39 and 40.

Who tried to steal the Magna Carta? ›

A man has been found guilty of trying to steal a copy of Magna Carta from Salisbury Cathedral. Mark Royden, 47, from Kent, used a hammer to try to smash through the protective case around the 805-year-old document but failed to take it.

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