David Rubenstein Biography

David Mark Rubenstein is a business owner, investor, and philanthropist from America who co-founded The Carlyle Group, a global private equity investment company which is headquartered in Washington, D.C. At present, he serves as its co-executive chairman. He also holds the position of the chairman at the Kennedy Center for the Performing Arts, the Smithsonian Institution, and the Council on Foreign Relations. He is the president of The Economic Club of Washington, D.C. A native of Maryland, Rubenstein hails from a modest background. He was educated at the college preparatory high school Baltimore City College and later at Duke University before enrolling at the University of Chicago Law School, from where he graduated in 1973. He subsequently began his legal career at Paul, Weiss, Rifkind, Wharton & Garrison LLP. Later, he served as the chief counsel to the U.S. Senate Judiciary Committee's Subcommittee on Constitutional Amendments. Rubenstein founded The Carlyle group with William E. Conway Jr. and Daniel A. D'Aniello in 1987. According to an estimate by Forbes, Rubenstein’s net worth is $3.2 billion.