David Rubenstein Net Worth is$2.8 Billion
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Profession: Entrepreneur, Businessperson, Lawyer
Country: United States of America
David Rubenstein net worth: David Rubenstein's net worth is $2.8 billion dollars which makes him one of the richest people in Maryland. Born in Baltimore, Maryland, David Rubenstein graduated from Duke University, and then went on to earn his law degree from the University of Chicago Law School. After working as a lawyer for a number of years, and as a domestic policy advisor to Jimmy Carter, Mr. Rubenstein co-founded the Carlyle Group. The company grew into a massive private equity firm, largely built on Mr. Rubenstein's political connections. Using tips from his friends on Capitol Hill and overseas, including former President George Bush and former Prime Minister John Majors, Mr. Rubenstein, and the Carlyle Group, purchased defense-related companies, and then sold them for a profit. The Group currently manages nearly $148 million in investments. They went public in the fall of 2011. In addition to working with the Carlyle Group, Mr. Rubenstein is involved with multiple non-profit organizations, including both the Lincoln and Kennedy Centers.
David M. Rubenstein is the co-founder of The Carlyle Group, a global private equity firm. In the 2011 Forbes ranking of the wealthiest Americans, Rubenstein was ranked 138th richest person in the United States and 418th in the world with a net worth of $2.8 billion. Rubenstein is also a member of the Council on Foreign Relations.
Rubenstein grew up an only child in a Jewish family in an exclusively Jewish neighborhood in Baltimore. He graduated from the college preparatory high school Baltimore City College, and then from Duke University magna cum laude in 1970. He earned his law degree from the University of Chicago Law School in 1973. From 1973 to 1975, Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison. Prior to starting Carlyle in 1987, with William E. Conway, Jr. and Daniel A. D'Aniello, Rubenstein was a domestic policy advisor to President Jimmy Carter and worked in private practice in Washington, D.C.
Rubenstein has stated that he was once offered to meet Mark Zuckerberg before he dropped out of Harvard but decided against it. This is his single greatest investment regret.
He lives in Bethesda, Maryland, and is married to Alice Rubenstein (n?e Alice Nicole Rogoff), founder of the Alaska House New York and the Alaska Native Arts Foundation. They were married on May 21, 1983. They have three children together.
Rubenstein is among the group of American billionaires who have pledged to donate more than half of their wealth to philanthropic causes or charities as part of The Giving Pledge.
He has made large gifts to Duke University, the John F. Kennedy School of Government at Harvard University, Johns Hopkins University, and the University of Chicago Law School.
He was elected to the Board of Trustees of the University of Chicago on May 31, 2007.
On December 18, 2007, David Rubenstein purchased the last privately owned copy of the Magna Carta at Sotheby's auction house in New York for $21.3 million. He has lent

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David Rubenstein Latest News

Billionaire David Rubenstein and his wife, Alice Rogoff, divorce

WASHINGTON - After months of rumors, the marriage of billionaire philanthropists David Rubenstein and Alice Rogoff has officially ended. The couple, who married in 1983, was granted a divorce in Montgomery County, Maryland, on Friday morning. All financial ...
Posted: December 10, 2017, 10:32 am

Carlyle's David Rubenstein says geopolitical 'black swan' only worry for markets in next two years

A head of one of the largest U.S. private equity companies said a geopolitical surprise is the only thing for markets to worry about in the next two years. "The only thing we have to worry about I think in 2018 and 2019 is some unanticipated geopolitical ...
Posted: December 5, 2017, 4:48 pm

Rubenstein Arts Center to Open in January

The arts center was established with a $25 million founding gift from philanthropist and Duke alumnus David Rubenstein (Trinity ’70) in 2015. The 70,000-square foot building was designed to support the artistic process, offering flexible multipurpose ...
Posted: November 30, 2017, 7:56 am
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