Bloomberg Law
March 22, 2021, 8:11 PM

Black’s Apollo Exit Follows ‘Deeply Trying’ Fallout Over Epstein

Steve Dickson
Steve Dickson
Bloomberg News

For Leon Black, it all got to be too much.

The man who built one of the most ruthless money-making machines in Wall Street history unexpectedly left his Apollo Global Management Inc. on Sunday, handing over the reins to one of his proteges, Marc Rowan, and a former U.S. regulator.

It’s a stunning turn for the 69-year-old, who for decades ran Apollo as an extension of himself -- combative, immovable and wildly successful. But after more than a year of scandal surrounding his ties with convicted sex offender Jeffrey Epstein, which had already led to him agreeing ...