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Billionaire David Rubenstein told us why he paid $1.7 billion for a baseball team, and shared his 2 biggest investing mistakes

Business InsiderPublished Sep 25, 2026

David Rubenstein, cofounder of Carlyle Group, bought the Baltimore Orioles for about $1.7 billion in 2024. He reflected on missing investments in Amazon and Facebook and expressed caution about betting on the AI boom.

#amazon #baltimore-orioles #carlyle-group #david-rubenstein #facebook #sports-ownership

Billionaire David Rubenstein told us why he paid $1.7 billion for a baseball team, and shared his 2 biggest investing mistakes

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