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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
✓ TRUE

Apollo, led by Black, was part of the $45 billion buyout of TXU, the largest LBO in history at the time.

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 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.

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
✓ TRUE

In 2021, Black privately purchased a first printing of the Constitution for $43 million, one of only 13 known copies.

8.

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.

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