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Leon Black Trivia Questions

How much do you really know about Leon Black? Below are 8 true or false statements. Click each one to reveal the answer and explanation.

1.

Leon Black’s net worth is primarily from a successful career as a Hollywood film producer.

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Easy
✗ FALSE

Black made his fortune in finance and private equity, not Hollywood; he has no notable film producer credits.

2.

Leon Black earned a bachelor’s degree from Harvard University and an MBA from Stanford.

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Medium
✗ FALSE

He earned a BA from Dartmouth College and an MBA from Harvard Business School, not Stanford.

3.

Leon Black was a key player in the leveraged buyout of the energy company TXU in 2007.

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Medium
✗ FALSE

The 2007 TXU buyout was led by KKR, TPG, and Goldman Sachs; Apollo Global Management, led by Leon Black, was not involved.

4.

Leon Black founded Apollo Global Management alongside Josh Harris and Marc Rowan.

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Medium
✓ TRUE

Black co-founded Apollo in 1990 with Harris and Rowan, building it into a leading private equity firm.

5.

Leon Black stepped down as Apollo CEO in 2021 solely due to age and retirement plans.

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Medium
✗ FALSE

He resigned after a review of his ties to convicted sex offender Jeffrey Epstein, not just for retirement.

6.

Leon Black donated $10 million to the Metropolitan Museum of Art in New York.

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Hard
✓ TRUE

In 2012, Black gave $10 million to the Met for its European sculpture and decorative arts galleries.

7.

Leon Black once owned a rare copy of the U.S. Constitution that he bought for over $40 million.

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Hard
✗ FALSE

The 2021 sale of a first printing for $43.2 million was purchased by Kenneth C. Griffin, not Leon Black. There is no record of Black ever owning such a copy.

8.

Leon Black is an avid collector of modern art and owns works by Picasso and Rothko.

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Hard
✗ FALSE

Black collects Old Master paintings and antiquities, not modern art; his passion is for works by artists like Raphael.

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