Nobody makes money like Apollo’s ruthless founder Leon Black
Leon Black thinks he’s not a bad guy - so how does he keep making money out of catastrophe? Leon Black's Apollo is known as "Wall street's apex predator", buying businesses' in debt, managing them under austerity and reaping the rewards. He has managed to restore his reputation after scandals with Crédit Lyonaisse and the CalPER's pension scheme, and most recently his association with Jeffrey Epstein. Writing in Bloomberg Businessweek, Caleb Melby and Heather Perlberg investigate.
From Bloomberg Businessweek