David M.  Rubenstein net worth and biography

David Rubenstein Biography and Net Worth

Director of The Carlyle Group
Mr. Rubenstein is a co-founder and non-executive Co-Chairman of the Board. He was elected to our Board of Directors effective July 18, 2011. Previously, Mr. Rubenstein served as Co-Chief Executive Officer of Carlyle. Prior to forming Carlyle in 1987, Mr. Rubenstein practiced law in Washington, D.C. with Shaw, Pittman, Potts & Trowbridge LLP (now Pillsbury Winthrop Shaw Pittman LLP). From 1977 to 1981, Mr. Rubenstein was Deputy Assistant to the President for Domestic Policy. From 1975 to 1976, he served as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments. From 1973 to 1975, Mr. Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison LLP. Among other philanthropic endeavors, Mr. Rubenstein is Chairman of the Boards of the John F. Kennedy Center for the Performing Arts, the Council on Foreign Relations, and the Economic Club of Washington and serves on the Board of Directors or Trustees of the National Gallery of Art, the University of Chicago, Memorial Sloan-Kettering Cancer Center, Johns Hopkins Medicine, the Institute for Advanced Study, the National Constitution Center, the Brookings Institution, the Lincoln Center for the Performing Arts, the American Academy of Arts and Sciences, and the World Economic Forum. Mr. Rubenstein serves as a Fellow of the Harvard Corporation and as Chairman of the Harvard Global Advisory Council and the Madison Council of the Library of Congress. He is a member of the American Philosophical Society, Business Council, Board of Dean’s Advisors of the Business School at Harvard, Advisory Board of the School of Economics and Management at Tsinghua University, and Board of the World Economic Forum Global Shapers Community. Mr. Rubenstein is a magna cum laude graduate of Duke University, where he was elected Phi Beta Kappa. Following Duke, Mr. Rubenstein graduated from the University of Chicago Law School, where he was an editor of the Law Review.

What is David M. Rubenstein's net worth?

The estimated net worth of David M. Rubenstein is at least $1.35 billion as of June 6th, 2022. Mr. Rubenstein owns 29,249,644 shares of The Carlyle Group stock worth more than $1,348,701,085 as of April 26th. This net worth evaluation does not reflect any other investments that Mr. Rubenstein may own. Additionally, Mr. Rubenstein receives a salary of $281,880.00 as Director at The Carlyle Group. Learn More about David M. Rubenstein's net worth.

How old is David M. Rubenstein?

Mr. Rubenstein is currently 75 years old. There are 6 older executives and no younger executives at The Carlyle Group. The oldest executive at The Carlyle Group is Mr. James H. Hance Jr., CPA, Operating Executive & Director, who is 80 years old. Learn More on David M. Rubenstein's age.

What is David M. Rubenstein's salary?

As the Director of The Carlyle Group Inc., Mr. Rubenstein earns $281,880.00 per year. There are 2 executives that earn more than Mr. Rubenstein. The highest earning executive at The Carlyle Group is Mr. Bruce M. Larson, Senior Advisor, who commands a salary of $2,310,000.00 per year. Learn More on David M. Rubenstein's salary.

How do I contact David M. Rubenstein?

The corporate mailing address for Mr. Rubenstein and other The Carlyle Group executives is 1001 Pennsylvania Avenue NW, Washington DC, 20004. The Carlyle Group can also be reached via phone at (202) 729-5626 and via email at [email protected]. Learn More on David M. Rubenstein's contact information.

Has David M. Rubenstein been buying or selling shares of The Carlyle Group?

David M. Rubenstein has not been actively trading shares of The Carlyle Group during the past quarter. Most recently, David M. Rubenstein sold 2,000,000 shares of the business's stock in a transaction on Monday, June 6th. The shares were sold at an average price of $38.67, for a transaction totalling $77,340,000.00. Following the completion of the sale, the director now directly owns 29,249,644 shares of the company's stock, valued at $1,131,083,733.48. Learn More on David M. Rubenstein's trading history.

Who are The Carlyle Group's active insiders?

The Carlyle Group's insider roster includes Charles Andrews, Jr. (CAO), Pamela Bentley (CAO), Curtis Buser (CFO), Peter Clare (Insider), Daniel D'Aniello (Director), Jeffrey Ferguson (General Counsel), Christopher Finn (COO), Bruce Larson (Insider), Kewsong Lee (CEO), Thomas Robertson (Director), David Rubenstein (Director), and Glenn Youngkin (CEO). Learn More on The Carlyle Group's active insiders.

Are insiders buying or selling shares of The Carlyle Group?

In the last year, The Carlyle Group insiders bought shares 3 times. They purchased a total of 4,471,586 shares worth more than $38,276,961.94. In the last year, insiders at the financial services provider sold shares 6 times. They sold a total of 2,084,916 shares worth more than $174,987,881.76. The most recent insider tranaction occured on February, 8th when Major Shareholder Carlyle Group Inc. bought 190,000 shares worth more than $2,460,500.00. Insiders at The Carlyle Group own 27.0% of the company. Learn More about insider trades at The Carlyle Group.

Information on this page was last updated on 2/8/2024.

David M. Rubenstein Insider Trading History at The Carlyle Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/6/2022Sell2,000,000$38.67$77,340,000.0029,249,644View SEC Filing Icon  
11/9/2021Sell2,000,000$58.00$116,000,000.00View SEC Filing Icon  
8/13/2021Sell1,900,000$47.80$90,820,000.0035,149,644View SEC Filing Icon  
8/11/2021Sell2,100,000$46.46$97,566,000.0035,149,644View SEC Filing Icon  
5/18/2021Sell2,000,000$41.76$83,520,000.0037,249,644View SEC Filing Icon  
3/11/2021Sell3,000,000$35.80$107,400,000.0039,249,644View SEC Filing Icon  
12/10/2020Sell750,000$29.05$21,787,500.0042,249,644View SEC Filing Icon  
11/24/2020Sell2,000,000$27.30$54,600,000.00View SEC Filing Icon  
See Full Table

David M. Rubenstein Buying and Selling Activity at The Carlyle Group

This chart shows David M Rubenstein's buying and selling at The Carlyle Group by year and by quarter.

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The Carlyle Group Company Overview

The Carlyle Group logo
The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies' worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).
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Today's Range

Now: $46.11
Low: $45.58
High: $46.52

50 Day Range

MA: $45.94
Low: $43.68
High: $47.85

2 Week Range

Now: $46.11
Low: $25.20
High: $48.52

Volume

788,736 shs

Average Volume

2,250,814 shs

Market Capitalization

$16.70 billion

P/E Ratio

N/A

Dividend Yield

3.04%

Beta

1.79