David Rubenstein | Rubenstein on Alphabet's Cash Pile, Buying the Orioles @DavidRubenstein | Uploaded February 2024 | Updated October 2024, 7 hours ago.
David Rubenstein, Carlyle Group co-founder and co-chairman, talks about Ruth Porat's rise at Alphabet where she is now the president and chief investment officer. He also talks about his bid to buy a controlling stake in the Baltimore Orioles baseball team that values the franchise at $1.73 billion. Major League Baseball still needs to approve the deal. Rubenstein is part of a group of investors that includes Michael Bloomberg, the founder and majority owner of Bloomberg News parent Bloomberg LP, that is trying to buy the team.
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