David Rubenstein is the principal owner of the Baltimore Orioles MLB franchise after leading an investment group to purchase the team in 2024.
The American businessman has been at the helm of affairs ever since.
Who is David Rubenstein?
David Rubenstein is an American businessman, lawyer and former government official. He is famously known as one of the co-founders and co-chairmen of the global private equity firm Carlyle Group.
According to figures, David has an estimated net worth of around $3.7 billion accrued from his private equity firm and ownership of the sports franchise.
David Rubenstein had a career in law during the early years of his career from 1973 to 1975 in New York with Paul, Weiss, Rifkind, Wharton & Garrison.
David Rubenstein's source of wealth and businesses
Carlyle Group Inc.
Carlyle Group Inc. is an American company with interests in private equity, alternative asset management and financial services. Some of the products run by the company include leveraged buyouts, growth capital, energy lending, structured credit and real estate.
Carlyle is known for its interest in the private equity sector, real assets, and private credit. It is currently ranked as one of the world's largest investment firms. The company was founded in 1987 in Washington, D.C.
Baltimore Orioles
David Rubenstein led an investment group that included Cal Ripken Jr to acquire the Baltimore Orioles of Major League Baseball (MLB) from Peter Angelos.
in 2024 for $1.725 billion.