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Apollo’s Black made $142.5 mln in 2016: WSJ

Leon Black, co-founder and CEO of Apollo Global Management LLC, collected a total of $142.5 million in dividends, gains from the firm’s investments and his salary in 2016, the Wall Street Journal reported citing a regulatory fling. Most of Black’s earnings in 2016, which were down 2 percent from prior year, came from dividends paid on his 92.7 million shares of Apollo, the WSJ said. Black, 65, is paid a $100,000 annual salary which hasn’t changed since Apollo’s IPO in 2011, the story said.