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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
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SCHEDULE 13D/A 0000950142-25-000169 0001032666 XXXXXXXX LIVE 7 Common stock, par value $0.00001 per share 04/14/2025 false 0001858681 03769M106 Apollo Global Management, Inc. 9 WEST 57TH STREET, 42ND FLOOR NEW YORK NY 10019 Leon D. Black (646) 589-8607 c/o Elysium Management LLC 445 Park Avenue, Suite 1401 New York NY 10022 0001032666 N BLACK, LEON D b OO N X1 33997048.00 5500000.00 33997048.00 5500000.00 39497048.00 N 6.9 IN Based on 570,480,465 shares of common stock, par value $0.00001 per share, of Apollo Global Management, Inc. (the "Issuer") issued and outstanding as of February 19, 2025, as reported in the Issuer's Annual Report on Form 10-K filed on February 24, 2025. Common stock, par value $0.00001 per share Apollo Global Management, Inc. 9 WEST 57TH STREET, 42ND FLOOR NEW YORK NY 10019 This Amendment No. 7 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the "Commission") by Mr. Leon D. Black (the "Reporting Person"), relating to the shares of the common stock, par value $0.00001 per share ("Common Stock"), of Apollo Global Management, Inc., a Delaware corporation (the "Issuer") on January 11, 2022, as amended by Amendment No. 1 thereto filed with the Commission on May 27, 2022, Amendment No. 2 thereto filed with the Commission on August 16, 2022, Amendment No. 3 thereto filed with the Commission on February 16, 2024, Amendment No. 4 thereto filed with the Commission on May 10, 2024, Amendment No. 5 thereto filed with the Commission on October 28, 2024 and Amendment No. 6 thereto filed with the Commission on January 22, 2025 (as so amended, the "Schedule 13D"). This Amendment No. 7 is being filed to update the disclosure in Items 4 and 6. The Schedule 13D is hereby amended as follows: The Voting Agreement dated as of August 6, 2021 by and between Leon D. Black and BRH Holdings GP, Ltd., was terminated on April 14, 2025. Reference to percentage ownership of the Common Stock in this Schedule 13D are based on 570,480,465 shares of Common Stock, issued and outstanding as of February 19, 2025, as reported in the Issuer's Annual Report on Form 10-K filed on February 24, 2025. (a) and (b) As of the date of this Schedule 13D, Mr. Black is the beneficial owner of 39,497,048 shares of Common Stock (approximately 6.9% of the Common Stock), 33,997,048 of which he holds directly, and 5,500,000 of which are held by his spouse. Mr. Black has sole voting and sole dispositive power with respect to the shares he holds directly, and shares voting and dispositive power over the shares held by his spouse. By virtue of the agreements made pursuant to 6.9 of the Stockholders Agreement, the parties thereto, including the Reporting Person, may be deemed to be acting as a group for purposes of Rule 13d-3 under the Exchange Act. According to public filings, the parties to the Stockholders Agreement, as a group, beneficially own an aggregate of 148,041,679 shares of Common Stock (approximately 26.0% of the Common Stock). The Reporting Person disclaims beneficial ownership of any securities owned by such other parties. Only the shares of Common Stock beneficially owned by the Reporting Person are the subject of this Schedule 13D. For a description of the relationship between the Reporting Person and the other parties to the Stockholders Agreement, see Item 4. See Item 5(a). See Schedule 5(c). As of the date of this Amendment No. 7, a total of 22,550,000 shares of Common Stock beneficially owned by the Reporting Person are held in one or more margin accounts subject to a standard margin loan arrangement. The Reporting Person does not have any current intention to sell any of such shares. BLACK, LEON D /s/ Leon D. Black Leon D. Black 04/16/2025 Schedule 5(c): As previously reported on Form 4, on April 4, 2025, the Reporting Person sold 607,725 shares to LB GST 2018 Trust at a price of $111.395 per share.