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THE PRIVATE
EQUITY BILLIONAIRE
SCORECARD
eet the Destructive Billionaires Who Run the Private Equity
Firms Taking Over Healthcare Providers
t’s not just healthcare — private equity owns thousands of
companies and is the number-two U.S. employer after Walmart:
Everything is
privATE EQUITY NOW
‱Oil and gas
‱Energy and utilities
‱Transportation
‱Tech
‱Retail
‱Healthcare
‱Housing
‱Prison services

and more
uge investment fees: 2% of investment and 20% of profit every year
plus lots more fees
They get rich
taking from us
‱Reducing investments
in care  quality
‱Driving up
healthcare costs
‱Taking huge
profits over and over
and over again
‱Cutting jobs  pay
‱Piling debt on
companies to take the
money and run
‱Taking real estate and
adding rent costs
And they pay off
politicians to
keep the whole
scam going
ontributions by Firm 2007–2018:
Contributions
(in
US
dollars)
Private Equity Firm
Meet the
billionaires
APOLLO GLOBAL
MANAGEMENT


     
    
Marc
Rowan
Net worth $5.8 billion
Leon
Black
Net worth $12 billion
ex scandals  Jeffrey Epstein ties  Huge SEC violations and fines 
Huge GOP political contributions  Multiple mansions in Manhattan,
Los Angeles, Westchester  Hamptons  Black bought “The Scream” for
$120 million but was dumped as board chair at Museum of Modern Art
ELLIOT
MANAGEMENT


  
   
  
otorious vulture fund manager attacking
countries in crisis  Made billions from
speculating, litigating and corrupting New
York government on sovereign debt 
Attacked Peru, Vietnam, the Republic of
Congo, Argentina and more  Profits of over
1000% in Argentina attack  intercepted
money intended for starving children in the
Congo for himself  supports bigoted
think tanks attacking people of color, poor
people, LGBTQIA people  huge GOP donor
PAUL
SINGER
Net worth $6.1 billion
CERBERUS
CAPITAL
MANAGEMENT

Steven
Feinberg
Net worth $3.8 billion

  
     
eavily invested in guns and weapons, sold
guns to mass shooters in San Bernadino and
Sandy Hook  Big GOP donor  Tripled for-
tune while serving as a top adviser to Trump 
Rip-off fees for pensions, retirees, taxpayers:
“we’re all overpaid”
Leonard
Green
Partners
   
ultibillion dollar profits looting hospitals and healthcare systems
Big owner of homes and apartment buildings in California,
driving up rents and gentrifying neighborhoods  Private jets,
multiple mansions, high-dollar art, scandalous divorces
CENTERBRIDGE
PARTNERS


  
    
Mark
Gallogy

Net worth $3.8 billion
uerto Rico vulture investor driving cuts to
healthcare, education  social services on the
island  Democratic donor pushing austerity
budget cuts and blocking taxes on the wealthy
 Big-business lobbyist with the Partnership
for New York and The Hamilton Project 
Destroyed jobs across NY  the US with attacks
on Eastman Kodak
blackstone


  
     
  
iggest owner of homes and apartments in the
USA, driving rents and gentrification nationwide
 Over a billion dollars in pay last year  Top
advisor to Trump  Schwarzman threw a huge
fundraiser for Trump the day tax cuts for the
rich passed Congress  Multiple mansions in
Manhattan, Palm Beach, Saint-Tropez, the
Hamptons  Jamaica  Schwarzman spends
millions on his over-the-top birthday parties
Stephen
Schwarzman
Net worth $31.8 billion
rivate equity firm that minted money for
Mitt Romney but destroyed his presidential
campaign  Killed jobs and communities
nationwide through outsourcing,
deindustrialization and profiteering 
huge political donor
BAIN CAPITAL
 ­

  €  
     
Joshua
Bekenstein
Net worth $5.5 billion
KKR  CO., INC.


‚      
     
Joe
Bae
Net worth: $1.1 billion
Henry
Kravis
Net worth: $8.8 billion
riginal “Barbarians At The Gate” leveraged buyout specialists 
Destroyed Toys’R’Us  screwed workers  Attacked workers and consum-
ers at Dollar General  Now heavily invested in dirty energy and fossil fuels
 Massive labor law and care quality violations in healthcare – wage theft,
pay violations, fatal failure on patient care and medications  Multiple
mansions in New York City, the Hamptons, Hudson Valley, lots of luxury art
Scott
Nuttall
Net worth $1.2 billion

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Hedge Clippers-Private Equity Billionaires Attack Healthcare

  • 1. THE PRIVATE EQUITY BILLIONAIRE SCORECARD eet the Destructive Billionaires Who Run the Private Equity Firms Taking Over Healthcare Providers
  • 2. t’s not just healthcare — private equity owns thousands of companies and is the number-two U.S. employer after Walmart: Everything is privATE EQUITY NOW ‱Oil and gas ‱Energy and utilities ‱Transportation ‱Tech ‱Retail ‱Healthcare ‱Housing ‱Prison services 
and more
  • 3. uge investment fees: 2% of investment and 20% of profit every year plus lots more fees They get rich taking from us ‱Reducing investments in care quality ‱Driving up healthcare costs ‱Taking huge profits over and over and over again ‱Cutting jobs pay ‱Piling debt on companies to take the money and run ‱Taking real estate and adding rent costs
  • 4. And they pay off politicians to keep the whole scam going ontributions by Firm 2007–2018: Contributions (in US dollars) Private Equity Firm
  • 6. APOLLO GLOBAL MANAGEMENT Marc Rowan Net worth $5.8 billion Leon Black Net worth $12 billion ex scandals Jeffrey Epstein ties Huge SEC violations and fines Huge GOP political contributions Multiple mansions in Manhattan, Los Angeles, Westchester Hamptons Black bought “The Scream” for $120 million but was dumped as board chair at Museum of Modern Art
  • 7. ELLIOT MANAGEMENT otorious vulture fund manager attacking countries in crisis Made billions from speculating, litigating and corrupting New York government on sovereign debt Attacked Peru, Vietnam, the Republic of Congo, Argentina and more Profits of over 1000% in Argentina attack intercepted money intended for starving children in the Congo for himself supports bigoted think tanks attacking people of color, poor people, LGBTQIA people huge GOP donor PAUL SINGER Net worth $6.1 billion
  • 8. CERBERUS CAPITAL MANAGEMENT Steven Feinberg Net worth $3.8 billion eavily invested in guns and weapons, sold guns to mass shooters in San Bernadino and Sandy Hook Big GOP donor Tripled for- tune while serving as a top adviser to Trump Rip-off fees for pensions, retirees, taxpayers: “we’re all overpaid”
  • 9. Leonard Green Partners    ultibillion dollar profits looting hospitals and healthcare systems Big owner of homes and apartment buildings in California, driving up rents and gentrifying neighborhoods Private jets, multiple mansions, high-dollar art, scandalous divorces
  • 10. CENTERBRIDGE PARTNERS  Mark Gallogy Net worth $3.8 billion uerto Rico vulture investor driving cuts to healthcare, education social services on the island Democratic donor pushing austerity budget cuts and blocking taxes on the wealthy Big-business lobbyist with the Partnership for New York and The Hamilton Project Destroyed jobs across NY the US with attacks on Eastman Kodak
  • 11. blackstone   iggest owner of homes and apartments in the USA, driving rents and gentrification nationwide Over a billion dollars in pay last year Top advisor to Trump Schwarzman threw a huge fundraiser for Trump the day tax cuts for the rich passed Congress Multiple mansions in Manhattan, Palm Beach, Saint-Tropez, the Hamptons Jamaica Schwarzman spends millions on his over-the-top birthday parties Stephen Schwarzman Net worth $31.8 billion
  • 12. rivate equity firm that minted money for Mitt Romney but destroyed his presidential campaign Killed jobs and communities nationwide through outsourcing, deindustrialization and profiteering huge political donor BAIN CAPITAL ­ € Joshua Bekenstein Net worth $5.5 billion
  • 13. KKR CO., INC. ‚  Joe Bae Net worth: $1.1 billion Henry Kravis Net worth: $8.8 billion riginal “Barbarians At The Gate” leveraged buyout specialists Destroyed Toys’R’Us screwed workers Attacked workers and consum- ers at Dollar General Now heavily invested in dirty energy and fossil fuels Massive labor law and care quality violations in healthcare – wage theft, pay violations, fatal failure on patient care and medications Multiple mansions in New York City, the Hamptons, Hudson Valley, lots of luxury art Scott Nuttall Net worth $1.2 billion