Mark Rowan net worth
Mark Rowan Net Worth: Marc Rowan is an American businessman with a net worth of $2.5 billion. Marc Rowan entered the billionaire world as one of the co-founders of Apollo Global Management, a private equity firm that specializes in leveraging buyouts and buying distressed securities as well as corporate restructuring, industry consolidation and special condition.
After earning a BA in Business Administration and an MBA cum laude from the University of Pennsylvania, he began his career working in the M&A group of Drexel Burnham Lambert in New York City and Los Angeles. In 1990, he formed Apollo with colleagues Joshua Harris and Leon Black. After the company went public in 2011, Rowan sold more than $100 million worth of stock in a secondary offering in May. However, he remained the majority shareholder, and his fortune swelled with Apollo stock. In 2012, he sold his waterfront Southampton mansion for $28.5 million and bought a Manhattan co-op for $26 million.
