David Rubenstein
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David M. Rubenstein | |
David M. Rubenstein, captured during the session 'Myths and Realities of Private Equity' at the Annual Meeting 2008 of the World Economic Forum in Davos, Switzerland, January 26, 2008.
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Born | Baltimore, Maryland, U.S. |
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Occupation | Managing Director of the Carlyle Group |
David Rubenstein is the co-founder of The Carlyle Group, an American private equity firm. Rubenstein grew up in Baltimore, and graduated from the 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. Prior to starting Carlyle, Rubenstein was a domestic policy advisor to President Jimmy Carter and worked in private practice in Washington, D.C. He lives in Bethesda, Maryland.
Rubenstein is also active in philanthropy, and has made large gifts to Duke's Terry Sanford Institute of Public Policy, the John F. Kennedy School of Government at Harvard University, and Johns Hopkins University. He was elected to the Board of Trustees of the University of Chicago on May 31, 2007.
In the 2007 Forbes 400 ranking of the wealthiest Americans, Rubenstein was ranked 165th with a net worth of $2.5 billion.[1]
On December 18, 2007, David Rubinstein purchased the last privately owned copy of the Magna Carta at Sotheby's auction house in New York for 21.3 million dollars. He announced that it would be housed at the National Archives in Washington D.C.
[edit] Quotes
"When history is written and people talk about the great protests, I don't think that this will be in that category."[2] --In reference to the civil disobedience efforts from Gandhi and Martin Luther King and how they related to the protests by the Working Families Party concerning the tax treatment of private equity firms.