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Trump Picks Apollo Co-Founder’s Son for DFC After Firm Shows Interest in X Debt

Summary by Sludge
💡Share this on Bluesky and X!Private equity firm Apollo Global Management and its billionaire co-founder Leon Black are poised to gain a direct link to the Trump administration. On January 31, 2025, President Donald Trump nominated Ben Black—Leon’s 40-year-old son and a former Apollo associate—to serve as CEO of the U.S. International Development Finance Corporation (DFC). The announcement came three days after Bloomberg reported Apollo’s inter…

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Sludge broke the news in on Wednesday, April 9, 2025.
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