Who Is Former Apollo Partner Ali Rashid's Wife? Here's A Look At Their Relationship

Publish date: 2024-05-20

Mohammed Ali Rashid is a former partner of a private company, Apollo Management, L.P. ("Apollo" or the "Company")

Ali Rashid is a Director and Manager at Quality Distribution LLC, a former partner at Apollo Management LP, and a former Senior Partner at Apollo Global Private Equity.

Furthermore, Rashid is on the Board of Directors at Ascometal SA, Real Group LLC, Metal USA, INC., Metals USA Holdings Corporation, Noranda Aluminum Acquisition Corporation, and Flag Intermediate Holding Corporation.

Rashid went to the Stanford Graduate School of business and received an M.B.A. He graduated Magna Cum Laude from Georgetown University with a BS in Business Administration.

Who Is Ali Rashid's Wife? Explore His Married Life

Ali Rashid seems to be a bit private regarding his love life, as his wife's details are yet to be disclosed to the public and other social media sites. He might or might not be married as of now.

Ali was charged with a fraud case. He used his client's money for his personal use. The investigators charged him for flying his girlfriend around the world with the same money and landed in the New York office of the Dubai-based private firm Safanad. 

Furthermore, according to some trusted sources, Rashid was in Paris, and "he brought his girlfriend (whose name is kept a secret) and charged it to the fund." So, he might not be married as he is still roaming around with his lover.

Former Apollo Partner Ali Rashid's Net Worth In 2022

Former Apollo Partner Ali Rashid's net worth is around $9 million. He has earned most of his income through various frauds from clients. He joined Apollo Global Private Equity in 2000.

As per Apollo Global Management, Ali has gained hundreds of thousands of dollars from investors and clients for his expenses, which include a trip to Super Bowl and a friend's bachelor party.

Moreover, the former Apollo has to pay a $240,000 civil penalty, according to Judge Kevin Caster. He operated as a fraud on investors in Apollo's private vehicles company.

Ali Rashid Family And Children Details To Know

Ali Rashid's family and children's details are yet to be revealed to the public. He has kept his personal life out of the sight of the media. However, we have managed to gather a little information related to him.

Rashid took $290,000 from his client's bills, visited a hair salon, and even purchased designer clothing, including a $3,500 Zegna suit for his father.

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According to the allegations that are upon Ali, he has used clients' and investors' money to make his lifestyle even more luxurious, like a family vacation, spa services, and designer clothes. 

Where Is Ali Rashid Now?

As per the New York Post, Ali Rashid is silently working in the New York office of Safanad, a Dubai-based private equity company.

But, the commercial real estate firm, Safanad does not name Rashid on its website. Per the SEC, a former senior partner (Ali) was charged for improperly using companies' bills for personal items and services from January 2010 to June 2013.

Ali was caught red-handed charging for the fund for personal use two times. The New York State pension fund settled his bills. However, Apollo went through a significant loss because of Rashid.

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