Freakonomics Radio · October 16, 2026 · 43m 23s

691. Is This What a "Good Billionaire" Looks Like?

David Rubenstein, co-founder of the Carlyle Group and a fixture of a more bipartisan Washington era, has been directing his fortune toward what he calls "patriotic philanthropy." He has poured money into institutions like the Kennedy Center, where he served as chairman until President Trump fired him. In this episode, Rubenstein reflects on his giving philosophy, the fallout from his dismissal, and whether the political center can hold in today's fractured America.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Patriotic Philanthropy

Rubenstein discusses his philanthropic philosophy, which he calls "patriotic philanthropy," focusing on gifts that strengthen American institutions.

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Firing from Kennedy Center

Rubenstein recounts being removed as chairman of the Kennedy Center by President Trump, an experience that underlines the politicization of cultural institutions.

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