David M. Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group and principal owner of the Baltimore Orioles and Host Todd S. Rich, Co-Founder and Partner of Declaration Partners

In the inaugural episode of the declarations. podcast, Todd S. Rich is joined by David M. Rubenstein, Co-Founder and Co-Chairman of the Carlyle Group and principal owner of the Baltimore Orioles. Mr. Rubenstein reflects on his career in private equity, his philosophy on partnership and legacy, and his broader pursuits as an author, interviewer, and owner of the Baltimore Orioles. Mr. Rubenstein shares insights from his investment career, the role of family offices, and the value of partnerships in business. He reflects on his personal philosophy, the lessons learned, and his commitment to philanthropy and community engagement. They discuss:·         The importance of history, context, and civic education·         Lessons on growth, resilience, and staying grounded despite global success·         Why he believes real estate remains a cornerstone of family investing·         Motivations for writing books and interviewing global leaders·         Why partnerships matter across business, philanthropy, and sports ownership·         Importance of literacy and lifelong learning Links:The declarations. podcast: https://www.declarationpartners.com/podcastTodd S. Rich on LinkedIn - https://www.linkedin.com/in/todd-s-rich-6a091333/Declaration Partners - https://www.declarationpartners.com/ Topics:(00:00:00) - Introduction & the meaning of “pursuit of happiness”(00:02:15) – Why the Declaration of Independence matters today(00:06:00) – Founding principles of the U.S. and their modern relevance(00:10:15) – Rubenstein’s career beginnings, patriotic philanthropy(00:12:30) – Building The Carlyle Group (00:15:45) - The Role of Family Offices in Investment(00:19:45) - Real Estate Investing: A Stable Foundation(00:23:35) - The Importance of Partnerships in Business(00:27:40) - Lessons from Investment Misses(00:31:34) - The Role of Education and Voting in Democracy(00:35:18) - Personal Reflections and Life Philosophy