Marc Rowan Net Worth - Pulptastic

April 2024 · 1 minute read

Marc Rowan Net Worth

Marc Rowan is an American businessman with a net worth of $2.5 billion. He co-founded Apollo Global Management, a private equity firm that specializes in leveraged buyout transactions, distressed securities purchases, corporate restructuring, industry consolidations, and special situations. He graduated summa cum laude with a BS and MBA in business administration from the University of Pennsylvania, and he started his career working for the Mergers & Acquisitions Group of Drexel Burnham Lambert in New York City and Los Angeles.

Rowan teamed up with his colleagues Joshua Harris and Leon Black to form Apollo in 1990. After the firm went public in 2011, Rowan sold over $100 million worth of shares in the secondary offering in May. However, he still remained a substantial shareholder, and his fortune swelled together with Apollo’s stock. In 2012, he sold an oceanfront mansion in Southampton for $28.5 million and paid a total of $26 million for a Manhattan co-op.

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