Welcome to SmileTimes. In this article, we researched some facts about David Rubenstein and will share our findings with you. The articles cover vital information about the business. We will look at David Rubenstein’s biography, early life, net worth, wife, height, partner, and more. Continue reading to uncover facts about David Rubenstein.
Who is David Rubenstein?
David Mark Rubenstein is a multibillionaire businessman from the United States. He is a co-founder and co-chairman of The Carlyle Group, a global private equity investment business based in Washington, D.C. He is a former government officer and lawyer.
He graduated from the all-male Baltimore City College, which was a college preparatory high school at the time. In 1970, he received his Phi Beta Kappa and magna cum laude degrees from Duke University.
He went to the University of Chicago Law School to study law. He was the editor of the University of Chicago Law Review during his stay there. Rubenstein graduated from law school in 1973.
David Rubenstein Age: How old is David Rubenstein?
He was born in Baltimore, Maryland, the U.S. on 11 August 1949. He is a 73-year-old man.
Who are David Rubenstein’s parents?
David Rubenstein was born in Baltimore, Maryland, to Bettie and Robert Rubenstein on August 11, 1949. His family was a simple Jewish family.
His father worked for the United States Postal Service, while his mother was a stay-at-home mom.
What are David Rubenstein Height and size?
Despite his height of 5′ 4′′ in feet and inches and 167 cm in centimeters, he weighs 152.1 pounds and 69 kilograms.
Who is David Rubenstein ex-wife?
Mr. Rubenstein has divorced his wife. From May 21, 1983, when the two married, through December 8, 2017, when their divorce was formalized, he was married to Alice Rubenstein.
Alice is the creator of the Alaska Native Arts Foundation and the Alaska House New York, as well as the previous owner of Alaska Dispatch News.
David and Alice Rubenstein met at the Carter Administration, where they both worked at the time. The couple has three grown children, Gabrielle, Alexandra, and Andrew, as a result of their marriage. Mr. Rubenstein presently lives in Bethesda, Maryland, in the United States.
David Rubenstein Children
David Rubenstein has three children together: Alexandra, Gabrielle, and Andrew.
What is David Rubenstein’s Net worth?
David Rubenstein is one of three billionaires who founded the Carlyle Group, a private equity firm with $260 billion in assets under management. With William Conway Jr. and Daniel D’Aniello, he co-founded Carlyle in 1987. He is presently a non-executive co-chairman of the board.
Rubenstein began his career as a Carter Administration official before going on to practice law.
Rubenstein solicited money and oversaw Carlyle’s array of advisers, which included George H.W. Bush, in the early days. In 2016, he gave $18.5 million to the Lincoln Memorial to help restore it and enhance exhibitions and research.
How did David Rubenstein make his money?
Rubenstein joined the New York legal firm “Paul, Weiss, Rifkind, Wharton & Garrison” after finishing his collegiate studies. He spent two years there before opting to pursue a career in international politics.
He began his career as the chief attorney for Senator Birch Bayh. Rubenstein got a job during Jimmy Carter’s campaign, and after Carter won office in 1977, he became the deputy assistant to the President for domestic policy. Rubenstein lost his position four years later when Carter failed his re-election bid.
Rubenstein was jobless for six months after his dramatic job loss before returning to practice law.
He picked up a newspaper one day and read an article about how William Simon, the former US Deputy Treasury Secretary, bought Gibson Greeting Cards in a leveraged buyout with $79 million in debt and $1 million of his own money. He rebuilt the company around and sold it for $290 million to a public company.
This story inspired him, and he set out to assemble a team of finance professionals with the goal of launching a private equity firm with him as the legal consultant.
Rubenstein couldn’t find anyone interested in launching a new business at first. He did, however, form a partnership with two other people in 1987 and develop the private equity business concept.
The Carlyle Group was called after the New York hotel where they conducted some of their first meetings, the Carlyle Hotel.
David Rubenstein’s bussiness career explored
Rubenstein joined Paul, Weiss, Rifkind, Wharton & Garrison, a major New York legal firm, shortly after receiving his law degree.
He began to consider a different professional route after two years there. “I told [clients and firm partners] that I was thinking of going into politics and administration, but no one said, ‘Don’t leave!’ so I figured I wasn’t a very good lawyer,” he jokes.
Rubenstein was the chief counsel to Senator Birch Bayh on the Senate Judiciary Committee’s Subcommittee on Constitutional Amendments from 1975 to 1976.
He went on to work for Jimmy Carter’s presidential campaign. Rubenstein was named deputy assistant to the President for domestic policy when Carter assumed office in 1977. Carter’s term ended prematurely four years later when he lost reelection.