Billionaire Profile
David Kaplan
Global Rank
#2281

Image: Canadian Film Centre from Toronto, Canada | CC BY 2.0 | via Wikimedia Commons

David Kaplan

CEO, Finance
UNITED STATES
Real-Time Net Worth
$1.833B
Estimated based on Finance stock value as of April 20, 2026
+0.51% (24h)
Age
58
Source
Finance
Industry
finance-investments
Citizenship
UNITED STATES

Biography

David Kaplan is a prominent figure in the finance industry, recognized for his acumen in investment strategies and his role as co-founder of Ares Management. As of November 2024, his net worth is estimated at $2.3 billion. His career has encompassed key positions at Apollo Management and Shelter Capital Partners before co-founding Ares Management in 1997. He is also involved in philanthropy, supporting education and healthcare organizations.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

David Kaplan was born into a Jewish family. His father was a surgeon and his mother was a clinical social worker. He graduated cum laude from Cornell University in 1978 and earned his law degree from New York University in 1981.

Rise to Success

Kaplan's career includes significant roles at Apollo Management and Shelter Capital Partners. He is the co-founder and director of Ares Management Corporation, a global alternative investment firm. He has been with Ares since 2003, overseeing the firm's credit, private equity, and real assets strategies. He also served as Co-Chairman and CEO of Ares Acquisition Corporation II from March 2021 to September 2025.

Key Business Strategies

Kaplan's success stems from his strategic investments and financial acumen. He has been instrumental in the growth of Ares Management, which manages $596 billion in assets. Kaplan has diversified his investments, holding a stake in the Chicago Cubs baseball team. He also co-hosts the sports radio show "Kap and J. Hood" on ESPN 1000.

Philanthropy

Kaplan is actively involved in philanthropic endeavors, supporting education and healthcare organizations. He believes in the importance of shared prosperity and giving back to society.

Career Milestones

1991-2000

Senior Partner

Apollo Management, L.P. and its affiliates.

2000-2003

Senior Principal

Shelter Capital Partners, LLC.

2003-Present

Cofounder, Director and Partner

Ares Management Corporation.

2021-2025

Chief Executive Officer and Co-Chairman of the board of directors

Ares Acquisition Corporation II.

Philanthropy & Social Impact

Philanthropy

Supports Education and Healthcare

Undisclosed

Kaplan supports education and healthcare organizations.