Jewish billionaire David Rubenstein buys his hometown Baltimore Orioles

 

February 23, 2024

Dominik Bindl/Getty Images

David Rubenstein attends an event at The 92nd Street Y, April 19, 2023.

(JTA) - Jewish billionaire businessman and philanthropist David Rubenstein has reportedly agreed to purchase the MLB's Baltimore Orioles.

Rubenstein, a Baltimore native who is best known as the co-founder of the private equity firm The Carlyle Group, is leading a new ownership cohort that includes Jewish former New York City Mayor Michael Bloomberg and Orioles Hall of Fame player Cal Ripken Jr.

Rubenstein's group will initially purchase a 40% stake in the franchise, taking over from the Angelos family, who have owned the Orioles since 1993. The deal is valued at $1.725 billion, and Rubenstein...



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