Marc Rowan Apollo Bio Wiki Age Wife Son House Yacht and Net Worth
Marc Rowan ( Full Name: Marc Jeffrey Rowan) is a popular American billionaire private equity investor who co-founded Apollo Global Management in 1990 with Josh Harris and Leon Black and started working as the CEO in 2021. The firm has about $548 billion in assets under management. Marc is a founding member and works on the executive committee of the Youth Renewal Fund and is one of the board of directors for the National Jewish Outreach Program. He also works on the board of trustees of the Campus of Pennsylvania and the board of advisors of the Wharton School.
He joined the mergers and acquisitions department of Drexel Burnham Lambert where he served in New York City and Los Angeles. In 1990, Marc co-founded the private equity firm Apollo Global Management. Marc was promoted as CEO in July 2021 after Black left from the role after it was discovered he had paid convicted sex offender Jeffrey Epstein $158 million for advice on tax and estate planning between 2012 and 2017. Besides, Marc is a founding member of the Youth Renewal Fund.
Marc was born onAugust 19, 1962, in the United States. He is61 years old.Marc celebrates his birthday on August 19, every year.
He is a man of above-average stature. Marc stands at a height of5ft 9 in( Approx. 1.75m ).
He was born in the United States to a Jewish family. Marc’s motherBarbaraworked as a teacher and was a trained concert pianist. Marc has one sister namedAndrea. Marc holds American nationality and belongs to the white ethnicity. He was raised in New York.
Marc is married to his wifeCarolyn Plevaa fashion designer. The couple resides in New York City. Marc and Carolyn have four children. She works as a Fashion Institute of Technology graduate with several years in the fashion industry behind her. In 2014, Carolyn launched her eponymous brand. Previously, Carolyn served as a consultant for Judith Leiber in the mid-2000s.
He and his wife Carolyn Pleva have three children whose details are not yet disclosed to the public.
After completing his primary and high school education, Marc joined and earned a B.S. and an MBA from the Wharton School of the University of Pennsylvania.
He met Apollo cofounders Leon Black and Joshua Harris while serving at investment bank Drexel Burnham Lambert’s M&A division. The three created Apollo in 1990 after Drexel filed for bankruptcy after a cash shortage caused by turmoil in the junk bond market. In March 2021, Marc replaced Black as Apollo’s CEO, after the latter quit because of his longtime relationship with sexual predator Jeffrey Epstein.
He works as the CEO and a co-founder of Apollo Global Management, LLC and Managing Partner of, inter alia, Apollo Management, L.P. Marc also works on the boards of directors of Apollo Global Management, LLC, Athene Holding Ltd., Caesars Entertainment Corp. as well as Caesars Acquisition Co. He is also active in charitable activities. Marc is a founding member and Chairman of the Youth Renewal Fund and a member of the Board of Overseers of the University of Pennsylvania’s Wharton School of Business. He also works on the boards of directors of Jerusalem Online and the New York City Police Foundation.
In 2016, Marc built the Montauk Yacht Club. Marc has a vision of the future for Duryea’s Dock complex.
He owned a 6-bedroom, 6.5-bathroom mansion in Southampton’. Marc’s massive six-bedroom, six-and-a-half-bathroom Southampton’s Meadow Lane is listed at an asking price of $34 million, as per Curbed. The house was designed by Will Schulz and built by Hamilton Hoge. The mansion features a heated vanishing-edge pool with Valders limestone terracing.
He is the co-founder and director of the Rowan Family Foundation and co-founder of the private equity firm Apollo Global Management, where he is a director and senior managing director.
He owns many restaurants in Long Island’s swanky Hamptons area, such as Lulu Kitchen and Bar in Sag Harbor.
In April 2022 during an interview on Bloomberg Wealth with David Rubenstein, he talked about managing through Covid, cryptocurrencies, and closing the merger with Athene Holding.
In June 2023, he saw the US having a “non-recession recession,” as financial markets feel some pain while the underlying economy remains strong. Fixed income and equities markets have already adjusted, Marc said during an event hosted by the Economic Club of New York. Other areas, such as real assets, have yet to fully price in the effects of rising interest rates.
Marc gets his wealth from his work as a billionaire private equity investor who is the Co-founder and CEO of Apollo Global Management. Therefore, Marc has accumulated a decent fortune over the years. Marc’s net worth is$5.2 billion.
Marc is a 61-year-old who was born onAugust 19, 1962, in the United States. Marc celebrates his birthday on August 19, every year.
Marc is a man of above-average stature who stands at a height of5ft 9 in( Approx. 1.75m ).
He is an American CEO and a co0-founder of Apollo Global Management, one of the highest U.S. private equity firms, with more than $500 billion in assets. Marc met Apollo cofounders Leon Black and Joshua Harris while serving at investment bank Drexel Burnham Lambert’s M&A division. He and his co-founders took Apollo Global public in 2011.
