Who is Marc Rowan? The billionaire pulling the strings in Trump’s deal for US colleges
Billionaire financier Marc Rowan, co-CEO of Apollo Global Management, is emerging as a key architect behind the Trump administration’s controversial “Compact for Academic Excellence,” which ties federal funding to conservative-aligned policies in higher education. From pushing out Penn’s president in 2023 to drafting templates for the compact, Rowan’s influence shows how wealthy powerbrokers are reshaping America’s universities from behind the scenes.
Billionaire financier Marc Rowan, co-CEO of Apollo Global Management, is emerging as a key architect behind the Trump administration’s controversial “Compact for Academic Excellence,” which ties federal funding to conservative-aligned policies in higher education. From pushing out Penn’s president in 2023 to drafting templates for the compact, Rowan’s influence shows how wealthy powerbrokers are reshaping America’s universities from behind the scenes.
