The AI payoff is real. The timeline is the problem First-rate natural intelligence is needed to prophesy the fate of artificial intelligence. Fortune · Oct 28
He earned $3.10 an hour as a valet parker. Now he’s worth $11.1 billion and runs a trillion-dollar firm Marc Rowan went from earning $3.10 an hour as a valet parker and taking other ordinary jobs to becoming the CEO of Apollo, a trillion-dollar asset management firm, with an estimated net worth of $11.1 billion. The Economic Times · Aug 11
Apollo CEO has a $11.1 billion net worth today—but he started out with a series of hospitality jobs, from valet parking to working in a party store Just like other CEOs, Marc Rowan, the cofounder of Apollo Global Management, says “you have to take something away from” ordinary jobs. Fortune · Aug 5
Apollo: Private Markets' Next Growth Phase Just Beginning as AI, Retirement, Investment-Grade Credit Expand Market Apollo Global Management (NYSE:APO) says the private markets industry is entering a new phase of growth that extends well beyond traditional private equity and direct lending, as demand for artificial intelligence infrastructure financing, investment-grade private credit and retirement products reshapes the sector. Benzinga · Aug 4
Apollo Global debt deal fees and insurance earnings rise, asset sales drag Apollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in a stock price decline. The company wisely postponed certain divestitures in response to market conditions, while notching up quarterly records in both fee-related and spread earnings. With an upcoming focus… The Economic Times · Aug 4
A Wharton alumnus gave $50 million to support the teachers behind tomorrow’s business leaders In 2018, Marc and Carolyn Rowan donated $50 million to Wharton, focusing on enhancing teaching, research, and leadership development rather than physical expansion. This significant investment aimed to strengthen the school's intellectual resources and attract distinguished faculty, underscoring a commitment to long-term academic influence and the core of its institutional… The Times of India · Jun 7
Who has joined Trump’s board of peace – and what power will it have? Trump seems to envision the ‘board of peace’ with a far broader scope beyond Gaza The Independent UK · Jan 21
Netanyahu, Putin and the Pope: Who has been invited to Trump’s Gaza ‘Board of Peace’? Russian president Vladimir Putin and the Pope considering invitations to join The Independent UK · Jan 17
White House releases names of board members tasked with temporary governance of Gaza The White House has released the names of some of members of various boards who will play a role in guiding Gaza through the next steps of the ceasefire deal between Hamas and Israel, brokered by Trump in October. Euronews · Jan 17
Students and faculty at over 100 US universities protest against Trump’s attacks Student, national and local groups across US organized day of action to condemn Trump’s assault on academic freedom The Guardian - US · Nov 7, 2025
The 5 biggest global business rivalries to watch, and how their outcomes will shape the future Breaking down the competition in AI, energy, EVs, and more. Fortune · Aug 5, 2025
KKR ranks as top alternative asset manager in Fortune 500 Blackstone, the biggest alternative asset manager, ranks 321th in the Fortune 500. Fortune · Jun 4, 2025
Jury rules startup founder Charlie Javice guilty of defrauding JPMorgan Chase Javice deceived the bank about how many customers her startup had. She will be sentenced in coming weeks. Fortune · Mar 28, 2025
Planned Obsolescence Plus: New York (the adult playground), almost to Mars, Elon Musk's sins, and more... Reason · Nov 20, 2024
Top News · Nov 20, 2024 Trump To Announce Treasury Secretary Pick Tomorrow President-elect Trump is finalizing his choice for Treasury Secretary after delays. Howard Lutnick's nomination for Commerce Secretary has cleared the way ...
Fortune · Nov 19, 2024 If Trump appoints Apollo CEO Marc Rowan as Treasury Secretary, he'd have direct influence over $24 trillion private equity market The billionaire founder would be just the latest top PE executive to wield power in aTrump White House.
The Independent UK · Nov 18, 2024 Trump throws two more names into ring for treasury secretary after Musk’s favorite annoyed him Howard Lutnick appears to have fallen down the pecking order for the cabinet role, according to sources
Fortune · Oct 1, 2024 Ten years after leaving Carlyle Churchill is making billions Ken Kencel, a Drexel Burnham alum, is head of Churchill Asset Management, a leading direct lender.
Fortune · Sep 23, 2024 Intel stock rises on news of investment offer from Apollo Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.
Fortune · Jun 4, 2024 22 CEOs who founded their Fortune 500 companies From Mark Zuckerberg to Jack Dorsey, these are the executives who started their enterprises from scratch.
Barchart · Apr 10, 2024 Who Says Private Equity Is Dead? Apollo Global Management Hits 67th 52-Week High. Apollo Asset Management hit its 67th 52-week high on Tuesday. Its stock is up nearly 81% over the past year, suggesting that the demise of private equity is greatly exaggerated.
Fortune · Oct 28, 2023 Apollo CEO Marc Rowan has a secret side gig: ‘It took me a year to realize that I was in the restaurant business’ "I got into the restaurant business by accident," Rowan tells Fortune. "It all started because I like to build things."
The Independent UK · Oct 19, 2023 UPenn crisis deepens with calls growing for president to resign over Israel war row Row comes after the University of Pennsylvania hosted the Palestine Writes Literary Festival last month
The Independent UK · Oct 17, 2023 Jon Huntsman pulls donations from UPenn in latest college row over Israel-Hamas war The Huntsman family includes three generations of UPenn graduates and has donated at least $25,000 annually to Wharton in recent years
The Independent UK · Oct 13, 2023 Billionaire CEO demands UPenn leaders quit in antisemitism row Marc Rowan made the demands after his alma mater hosted the Palestine Writes Literary Festival last month