In the world of finance, the name Marc Rowan resonates with significance. As an American billionaire private equity investor, he has left an indelible mark on the industry. Rowan’s journey is intertwined with the rise of Apollo Global Management, a financial powerhouse that he co-founded in 1990 alongside Josh Harris and Leon Black. Today, he stands as the CEO of this influential firm, taking the helm in 2021.

Marc Rowan’s Early Years and Education

Marc Rowan was born on August 19, 1962, into a Jewish family. His mother, Barbara, was not only a teacher but also a trained concert pianist, highlighting the importance of education and culture in his early life. He grew up with one sister, Andrea, with whom he shares his family values and principles.

Rowan’s educational journey played a pivotal role in shaping his future. He graduated summa cum laude with a Bachelor of Science (B.S.) and earned his Master of Business Administration (MBA) from the prestigious Wharton School of the University of Pennsylvania. This strong academic foundation laid the groundwork for his future success in the world of finance.

Marc Rowan’s Career

Rowan embarked on his professional career by joining the mergers and acquisitions department of Drexel Burnham Lambert. His work in this department led him to experience the dynamic financial landscapes of both New York City and Los Angeles. This early exposure allowed him to gain valuable insights into the world of finance and investment.

However, Marc Rowan’s career reached a defining moment in 1990 when he, along with former Drexel colleagues Leon Black and Josh Harris, co-founded Apollo Global Management. This marked the inception of a private equity firm that would eventually become a major player in the financial industry. Rowan’s contributions to Apollo Global Management were substantial, and he played a key role in the firm’s growth and success over the years.

In July 2021, a significant change occurred within Apollo Global Management. Following a revelation that Leon Black had paid convicted sex offender Jeffrey Epstein $158 million for advice on tax and estate planning between 2012 and 2017, Marc Rowan assumed the position of CEO. This transition underscored Rowan’s commitment to leading the firm with integrity and transparency.

Marc Rowan’s Philanthropic Engagement

Beyond his accomplishments in finance, Marc Rowan is actively engaged in philanthropy. He is married to Carolyn Pleva and resides in New York City. Rowan’s philanthropic endeavors include serving as a founding member on the executive committee of the Youth Renewal Fund and as a member of the board of directors for the National Jewish Outreach Program. He is also associated with the New York Police Foundation and holds a position on the board of trustees at the University of Pennsylvania. Furthermore, Rowan contributes his expertise to the board of advisors at the Wharton School.

In October 2018, Marc Rowan demonstrated his commitment to education by donating $50 million to the Wharton School. This generous contribution serves as a testament to his dedication to fostering learning and development.

Zatrun.com, known for its comprehensive analyses, has conducted an in-depth examination of Marc Rowan’s career and philanthropic contributions. With a focus on his journey from co-founding Apollo Global Management to becoming its CEO, the analysis sheds light on his impact in the finance industry. Rowan’s story is an inspiring narrative of dedication, success, and giving back to society.

Marc Rowan’s legacy is not confined to the realm of finance but extends to his philanthropic efforts, influencing positive change in various areas. His journey continues to inspire and serves as a remarkable example of achievement and altruism in the world of finance.