Baltimore Orioles Owner

The Baltimore Orioles are a professional Major League Baseball team based in Baltimore, Maryland, and they compete as a member of the American League East Division. Since opening in 1992, Oriole Park at Camden Yards has served as the official home ballpark for the Baltimore Orioles. The team achieved notable success during this period, making six World Series appearances between 1966 and 1983 and securing three championships in 1966, 1970, and 1983. As of 2024, these remain their only World Series titles. Brandon Hyde has served as manager of the Baltimore Orioles since 2019, while Mike Elias has held the position of general manager since that same year.

Who owns the Baltimore Orioles?

David Rubenstein serves as the principal owner of the Baltimore Orioles, having acquired the Major League Baseball team from Peter Angelos in 2024 for $1.725 billion. Peter Angelos served as an owner of the Baltimore Orioles from 1993 until his death on March 23, 2024.

A lawyer, businessman, and philanthropist, Mr. Rubenstein is a co-founder and co-chairman of The Carlyle Group, a private equity firm headquartered in Washington, D.C. His leadership roles have included serving as chairman of the board of trustees at both Duke University and the Smithsonian Institution; he was appointed chair of the University of Chicago's board of trustees in 2022.

Rubenstein is among the first 40 individuals to commit to The Giving Pledge, which encourages wealthy individuals to donate more than half their wealth to charitable causes. He has notably contributed over $100 million to Duke University and held the position of chairman on its board from 2013 to 2017.

His career began with legal practice in New York from 1973 to 1975, followed by his role as chief counsel for the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments from 1975 to 1976. Additionally, he served as deputy domestic policy advisor under President Jimmy Carter before founding The Carlyle Group in 1987 alongside William E. Conway Jr. and Daniel A. D'Aniello.

Baltimore Orioles owners' net worth

As of 2024, David Rubenstein is worth $3.7 billion, according to Forbes.

List of Baltimore Orioles owners

The franchise originally began as the Milwaukee Brewers in the Western League (WL) in 1894 following the league's reorganization. In 1902, the team relocated to St. Louis and was renamed the "Browns," after an earlier club from the 1880s that is now known as the Cardinals. In 1953, ownership of the franchise transitioned to a syndicate of Baltimore business and civic leaders, leading to the establishment of Baltimore Orioles in 1954.