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A “Scientist at Heart,” This Financial Services Billionaire Focuses on Tech and Society, Vast Wealth, Growing Giving: These Are the Top Philanthropists from Private Equity. 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The PAS teaches philanthropists to “Give Smarter” by joining donors with research interests, taking Black’s sort of “portfolio approach” to funding medical research, so it's a good place to look for innovative research outfits. It still has to deal with some unfinished business from the financial downturn and it has been as aggressive as ever. Those have included Les Wexner, the billionaire behind Victoria’s Secret who sold Epstein the mega-mansion on the Upper East Side where many of the alleged assaults against underage females took place. Jeffrey Epstein was a member of the Leon Black Family Foundation. Thanks for contacting us. “You’d think if you ran a $200 billion firm you’d distance yourself” from a known sex predator like Epstein, a source close to Black told The Post, noting that Apollo is among the largest and most profitable private equity shops in the world. HEALTH: When Debra, a Broadway producer, contracted melanoma, the couple was motivated to give $40 million to the Melanoma Research Alliance (MRA) over a four year period, and Debra became an active member of its board. The Blacks have also sponsored professorships at Dartmouth in Shakespeare and in Jewish Studies, and they gave Yale University Press a healthy sum to launch a 100-book series of biographies of famous Jews, “from Abraham to Bob Dylan.” Black is interested in delineating and preserving a sense of “Jewish continuity” throughout the ages; to this end, the foundation gave Birthright Israel $500,000 in 2017. 1401New York, NY 10022. 2,508, © 2020 NYP Holdings, Inc. All Rights Reserved According to available tax filings, the foundation awarded around $5.6 million in grants in 2018. Sign up for our email updates. He spent much of his early career at investment bank Drexel Burnham Lambert, where he eventually headed the mergers and acquisitions group. We've received your submission. Private equity investments are out of reach for ordinary investors but there’s a better alternative: Owning a piece of the businesses that have made Leon Black, Henry Kravis and Stephen Schwarzman billionaires many times over. Sitemap Who Are America’s Most—and Least—Generous Young Billionaires? About          Contact         Help         Login         Privacy Policy       Terms of Use, Future of Big Philanthropy: 15 Heirs of Top Mega-Givers to Watch Closely, How Leading Black Philanthropist Robert F. Smith is Taking on Racial Disparities in Prostate Cancer, “The Dignity of the Individual.” A Wall Streeter’s Focus on Human Rights and Equity, Scrutiny of Donors and “Reputation Laundering” is Growing Thanks to COVID and Protests, Stronger Government is a Must. “Why was what Jeffrey did not that bad?”. Their family foundation has also funded stem cell research at Mt. That was the year Epstein pleaded guilty to two charges of soliciting prostitution, one involving a minor, resulting in an 18-month sentence, with 13 months served. Debra Black: Facts on Leon Black Wife and Family. Biden introduced Ukraine exec to VP dad: emails, Patriots teammate's 'annoyed' wife denies Cam Newton dinner, Colts make Philip Rivers decision after 'dramatic' message, Hunter Biden emails show leveraging links with dad to boost Burisma pay, Incoherent Mike Tyson leaves viewers worried in strange interview, Facebook muzzling The Post's bombshell Hunter Biden exposé, Lawmaker threatens Facebook for ‘censoring’ Post’s Hunter Biden bombshell, Wells Fargo fires over 100 staffers for COVID-19 relief abuse, Report: John Cena weds Shay Shariatzadeh in Florida, Promoter of The Chainsmokers concert in the Hamptons fined $20K, Melania Trump’s ex-pal hits back against Justice Department after lawsuit, © 2020 NYP Holdings, Inc. All Rights Reserved, Jeffrey Epstein estate barely able to pay bills: reports, Appeals panel withholds decision on releasing details of Ghislaine Maxwell's sex life, Jeffrey Epstein paid millions by Leon Black after sex-crime plea, New photos show Ghislaine Maxwell at anti-sex-trafficking event, 'Everything is upside down': New Queens beachfront eatery opens during pandemic, Big retailer's expansion is right on 'Target', 10 gift ideas that are on sale for Amazon Prime Day, The best headphone deals you can buy this Amazon Prime Day, The best Amazon Prime Day deals you can buy today, Amazon takes up to 30 percent off Fitbit devices for Prime Day, Marshall speakers up to 35 percent off for Amazon Prime Day, YouTube bans COVID vaccine misinformation, Cardi B was in bed with Offset when she accidentally posted her nude photo.

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