OK— some seriously strange and horrific things:
Jeffrey Epstein had a mansion ,,, optimized for raping young girls, 16 years old?
Leon Black — raping a 16 year old girl? What the fuck?
Leon Black has faced serious accusations related to sexual misconduct. In March 2021, Guzel Ganieva publicly accused Black of sexual harassment and abuse over several years, alleging that she was forced to sign a non-disclosure agreement under duress. Black acknowledged a consensual affair with Ganieva but denied the allegations of harassment and abuse. This situation led to legal actions with lawsuits and countersuits filed between Black and Ganieva.
Additionally, Black has been accused by another woman, Cheri Pierson, who claimed he raped her in 2002 in Jeffrey Epstein’s mansion in New York City. Black denied these allegations. In a separate incident in 2023, a lawsuit was filed against Black, alleging that he raped a 16-year-old girl with autism and Down syndrome in Epstein’s Manhattan townhouse in 2002. This accusation was also denied by Black, with his attorney calling it “frivolous and sanctionable.”
These allegations and legal disputes have significantly impacted Black’s public image and reputation, although it is important to note that accusations and legal proceedings are complex matters where final outcomes and the veracity of claims can vary oai_citation:1,Leon Black – Wikipedia.
Leon black and Jeffrey Epstein and also his sexual misconduct
Leon Black, the co-founder of Apollo Global Management, has been publicly associated with Jeffrey Epstein, the convicted sex offender. In 2019, Black acknowledged that he had a “limited relationship” with Epstein. He clarified that Epstein provided him with estate planning, tax, and philanthropic advice for his family partnership and other related family entities. The New York Times reported that Black paid Epstein at least $50 million for these services from 2012 to 2017. Following these revelations, Black requested an independent review by the law firm Dechert LLP of his relationship with Epstein, which showed that Black paid Epstein around $158 million for financial services between 2012 and 2017. Black expressed regret over his association with Epstein and pledged to donate $200 million to women’s initiatives oai_citation:1,Leon Black – Wikipedia.
Additionally, Black has faced accusations of sexual misconduct. In 2021, a woman named Guzel Ganieva accused Black of sexual harassment and abuse over several years, claiming she was forced to sign a non-disclosure agreement under duress. Black acknowledged a consensual affair with Ganieva but denied the allegations of harassment and abuse. The matter led to lawsuits and countersuits between the parties. Ganieva also alleged that Black introduced her to Epstein and tried to force her to have sex with them, a claim Black denied. Another accuser, Cheri Pierson, accused Black of raping her in 2002 in Epstein’s mansion in New York City, which Black also denied. In 2023, a lawsuit was filed against Black alleging that he raped a 16-year-old girl in Epstein’s Manhattan townhouse in 2002, an accusation Black’s attorney described as “frivolous and sanctionable” oai_citation:2,Leon Black – Wikipedia.
Black paid Epstein $158 MILLION DOLLARS USD??? What the fuck? For 5 years??
Leon black history
Leon Black is an influential figure in the world of finance and art collection, known for co-founding Apollo Global Management in 1990. He graduated from Dartmouth College with degrees in philosophy and history and later earned an MBA from Harvard University. Black started his career at Drexel Burnham Lambert, an investment bank, where he played a significant role until its bankruptcy in 1990. This event led him to establish Apollo Global Management with colleagues.
Black has amassed a considerable fortune, with his net worth estimated at $7.4 billion as of October 2019. He is recognized on several prestigious Forbes lists, reflecting his success and influence in the investment and finance industry. Alongside his professional achievements, Black has an extensive art collection, including notable acquisitions like one of the versions of Edvard Munch’s “The Scream” for $120 million in 2012.
His philanthropic efforts are notable as well. He has been involved in various community organizations and causes. For instance, he co-founded the Melanoma Research Alliance with his wife, Debra, after her diagnosis in 2007, which has become a significant private funder in melanoma research.
Black’s life has also been marked by controversies, including his relationship with Jeffrey Epstein. He admitted to having a limited relationship with Epstein, who provided him with financial services. A review revealed that Black paid Epstein around $158 million for these services between 2012 and 2017. Black expressed deep regret over this association. Additionally, he faced sexual misconduct accusations, which he has denied and resulted in lawsuits and countersuits.
Leon Black’s career spans significant achievements in finance and private equity, marked by both commendable philanthropic efforts and notable controversies oai_citation:1,Leon Black – Wikipedia oai_citation:2,Leon Black – Wikipedia oai_citation:3,20 Things You Didn’t Know About Leon Black.
Break each down
- Leon Black: Black was a key figure at Drexel Burnham Lambert, an investment bank known for its work in the junk bond market. He co-founded Apollo Global Management in 1990. Black has been a prominent figure in finance, guiding Apollo to become one of the leading investment firms.
- Marc Rowan: Rowan, also a co-founder of Apollo, is renowned for his expertise in finance and private equity. He played a crucial role in developing Apollo’s investment strategies and operations, contributing significantly to its growth and success.
- Joshua Harris: Harris is known both for his role in co-founding Apollo and his involvement in sports team ownership. His financial acumen, particularly in leveraged buyouts, has been instrumental in shaping the firm’s direction and achievements in the investment sector.
Who founded apollo
Apollo Global Management was founded in 1990 by Leon Black, along with colleagues Marc Rowan, Joshua Harris, and other Drexel Burnham Lambert alumni. The firm was established following the collapse of Drexel, which was a major player in the junk bond market. The founders’ experience and expertise in leveraged buyouts played a significant role in shaping Apollo’s early strategy and its growth into a leading global alternative investment manager.
who are they
Leon Black, Marc Rowan, and Joshua Harris are the co-founders of Apollo Global Management. Leon Black served as the CEO and chairman before stepping down. He previously worked at Drexel Burnham Lambert, a prominent investment bank. Marc Rowan is a business magnate with significant expertise in private equity and finance. Joshua Harris is a prominent figure in finance and also a sports team owner. Their combined expertise in leveraged buyouts and finance laid the foundation for Apollo’s strategies and success in the global investment market.
What companies owned
Apollo Global Management has a diverse portfolio that includes significant investments in various companies. Some notable names in their private equity portfolio are ADT, Novolex, and Yahoo. These companies have been part of Apollo’s Supplier Diversity Program, contributing to over $1 billion in diverse spending across Apollo’s funds. This diversity initiative is part of Apollo’s broader strategy to drive economic impact and value creation across their portfolio companies oai_citation:1,Apollo Fund Portfolio Companies Achieve $1B in Diverse.
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Apollo Global Management (APO) has a diversified portfolio with a significant focus on fixed-income investments, which form the majority of their assets. The company’s acquisition of Athene, a major player in the annuity and insurance sector, has been a key part of their strategy. This acquisition provides Apollo with several growth avenues, especially in a higher interest rate environment where fixed-income investments are more attractive.
A major component of Apollo’s portfolio, around 80%, is non-redeemable or safeguarded from market value modifications, which adds a layer of stability to their investments. This aspect of their portfolio is crucial, especially during market fluctuations, as it offers a degree of protection against rapid changes in market values.
In terms of financial strategy, Apollo is planning to allocate a significant amount of resources, approximately $10 billion, over the next four years towards dividends, share buybacks, and strategic growth investments. This includes a base dividend rate of $1.60 per share, with the company also focusing on opportunistic buybacks and dividend increases oai_citation:1,Top Picks 2024- Apollo Global APO oai_citation:2,Apollo Global Management: The New Strategy Works (NYSE:APO) | Seeking Alpha.
Apollo’s diverse and strategic investment approach, along with their focus on fixed-income assets and stable investments like annuities, positions them as a strong player in the alternative asset management space. Their emphasis on shareholder returns through dividends and buybacks also indicates a commitment to delivering value to their investors.