The three founders of one of the first, and still most respected, private-equity firms reaped the fruits of their labor last year when the earned more then $400 million between them. The Carlyle Group, based in Washington, D.C., made a big splash when the founders brought in well-connected politicians to give the company gravitas.
Founders David Rubinstein, William Conway and Daniel D’Aniello “each earned salary of $275,000, a bonus of $3.5 million, and a $134 million share” of profits, according to Beth Connolly in the Wall Street Job Report.
The payouts were not out of scale to a record-breaking period Carlyle reported. They returned $15 billion to investors in a nine-month period.