# From The Son Of A Postman To The $400 Billion Man: David Rubenstein Page: https://stenobird.com/podcast/big-shot-6247527/from-the-son-of-a-postman-to-the-400-billion-man-david-rubenstein Text version: https://stenobird.com/podcast/big-shot-6247527/from-the-son-of-a-postman-to-the-400-billion-man-david-rubenstein.md Podcast: [Big Shot](https://stenobird.com/podcast/big-shot-6247527) Published: 2024-02-08T15:00:00+00:00 Episode link: https://podcasters.spotify.com/pod/show/big-shot-show/episodes/From-The-Son-Of-A-Postman-To-The-400-Billion-Man-David-Rubenstein-e2fevir Audio file: https://anchor.fm/s/dbe3e564/podcast/play/82328603/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2024-1-6%2F366524437-44100-2-f574de00a3efa.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/big-shot-6247527/episodes/from-the-son-of-a-postman-to-the-400-billion-man-david-rubenstein Duration seconds: 3491 ## Resource In this episode of Big Shot , we're thrilled to welcome the incredible David Rubenstein! As a co-founder of The Carlyle Group, one of the globe's top private equity firms, David's journey from a Baltimore kid with big dreams to a presidential advisor and business mogul is truly inspiring. Join us, as David reveals how he overcame rejection after President Carter lost his re-election and pivoted into private equity. Learn why he's dedicated to giving back through initiatives like the Giving Pledge, and get ready for some thought-provoking insights, including why hiring geniuses might not be the best idea and tips on avoiding spoiling your kids. In This Episode We Cover: (03:40) Welcome David Rubenstein (04:50) Why David and Harley both maintain their bar memberships (05:37) Why education is important to the Jewish people (07:30) David’s upbringing in Baltimore (10:00) The difficulties that come with raising children when you’re wealthy (11:30) David’s relatively laid-back parents (13:34) The Jewish youth group that fueled David’s drive for more (14:15) David’s first job out of law school (15:25) How David became an advisor to President Jimmy Carter (16:42) The years of struggle after Jimmy Carter failed to get re-elected (20:41) How the Carlyle Group got their start (24:36) Carlyle’s “bear hug” on Chichi’s (27:22) David’s growth strategy for Carlyle focusing on diversification and globalization (31:30) David’s mom’s philanthropy (34:14) What the Giving Pledge is (36:43) David’s philosophy on philanthropy (39:33) An explanation of the Magna Carta, its failure, and the anti-semitism of the day (42:22) David’s focus on patriotic philanthropy (46:47) How David became the fundraiser for Carlyle (47:56) How Carlyle was able to build a lasting company (49:27) Why reasonably in… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/big-shot-6247527/episodes/from-the-son-of-a-postman-to-the-400-billion-man-david-rubenstein/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/big-shot-6247527/from-the-son-of-a-postman-to-the-400-billion-man-david-rubenstein.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.