Name
Marc Rowan
Marc Rowan
New York, New York
Bachelor of Arts/Science, University of Pennsylvania | Master of Business Administration, Wharton School at the University of Pennsylvania
United States
8
private equity, Self Made
$3,300,000,000
745
2
#745 Billionaires 2019
#251 Forbes 400 2018
Marc Rowan is the cofounder of Apollo Global Management, one of the biggest U.S. private equity firms, with $269 billion in assets.A UPenn alum, Rowan met Apollo cofounders Leon Black and Joshua Harris while working at investment bank Drexel Burnham Lambert's M&A division. The trio founded Apollo in 1990, after Drexel filed for bankruptcy following a cash shortage caused by turmoil in the junk bond market.Rowan and his cofounders took Apollo Global public in 2011.
Rowan owns several restaurants in Long Island's swanky Hamptons area, including Lulu Kitchen and Bar in Sag Harbor. He was a former investor in headphones firm Beats Electronics, which was acquired by Apple in a $3 billion deal in 2014.
56
Add a review