Who is David Rubenstein?
In short
David Rubenstein is an American billionaire businessman, philanthropist, and the principal owner of the Major League Baseball team, the Baltimore Orioles. He is currently in the news for making public comments regarding the high profits made by MLB owners ahead of a potential lockout.
Who they are now
He is a co-founder and co-chairman of the Carlyle Group, a private equity firm. Additionally, he serves as the chairman of the National Gallery of Art, the Council on Foreign Relations, and the Economic Club of Washington, D.C.
Why they are in the news
He is trending because he admitted that MLB owners are making significant amounts of money, a statement made shortly before a potential work stoppage in the league.
An example of their work
He co-founded The Carlyle Group, which became a major global private equity firm. He also holds significant leadership roles in major cultural and diplomatic institutions like the Smithsonian Institution and the Council on Foreign Relations.
Sources
- Orioles' David Rubenstein admits what MLB owners don't want fans to know: They're making a ton of money
- David Rubenstein
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