Apollo CEO Black’s Payout Jumps as Top Ten Get $1.7 Billion

The top 10 dealmakers at publicly traded private-equity firms took home at least $1.7 billion in dividends in 2013 as they seized on rallying stock markets to sell stakes in everything from a Chinese insurer to a U.S. theme-park operator to a French floormaker.

Among the biggest earners, Leon Black received about $369 million in distributions from his stock ownership in Apollo Global Management LLC, which he founded in 1990, according to calculations by Bloomberg, more than double his 2012 payout. That topped dividends earned last year by KKR & Co.’s Henry Kravis and Carlyle Group LP’s three founders, and could exceed those collected by Blackstone Group LP Chairman Stephen Schwarzman, the wealthiest of the buyout titans.