David M. Rubenstein, ’73, Awarded Presidential Medal of Freedom

David Rubenstein gets medal from President Biden
David M. Rubenstein, '73, receives the Presidential Medal of Freedom from President Joseph Biden at a White House ceremony on Saturday, January 4
Photo: Getty Images

David M. Rubenstein, ’73, was awarded the Presidential Medal of Freedom by President Joseph R. Biden during a ceremony held at the White House on Saturday.

The Medal of Freedom is the nation’s highest civilian honor, bestowed upon individuals who have made especially meritorious contributions in various fields.

Rubenstein, co-founder and co-chairman of The Carlyle Group, a leading global investment firm, is widely recognized for his extraordinary philanthropy and unwavering commitment to preserving America’s historic landmarks and cultural institutions. The White House announcement highlighted Rubenstein's dedication to fostering the nation's cultural heritage and supporting institutions of national significance.

Rubenstein currently serves as Chair of the University’s Board of Trustees and has been a steadfast advocate for its mission and values.

University President Paul Alivisatos praised Rubenstein for his transformative contributions: “David’s commitment to the University of Chicago exemplifies his broader dedication to advancing education, civic engagement, and cultural preservation. His visionary leadership has profoundly enriched the University’s mission and strengthened our community's impact both locally and globally”

David Rubenstein with President Biden after receiving the Presidential Medal of Freedom

Rubenstein has also been a tireless supporter and a major benefactor of the Law School, establishing the Rubenstein Scholars Program, a pioneering initiative that provides full-tuition scholarships to exceptional students. This program recently celebrated its tenth anniversary, marking a decade of transforming legal education and creating opportunities for future leaders.

Thomas J. Miles, Dean and the Clifton R. Musser Professor of Law and Economics, celebrated the recognition: “David’s receipt of the Presidential Medal of Freedom is a fitting tribute to his extraordinary contributions. His generosity and leadership serve as an inspiration, demonstrating the profound impact that Law School alumni can have on society. We are incredibly proud to count David among our most distinguished graduates.”

Rubenstein was one of eighteen honorees recognized this year for their outstanding achievements across diverse fields. The esteemed group included Bono, Jane Goodall, Earvin “Magic” Johnson, Michael J. Fox, and Ralph Lauren. (For a full list of honorees, see the White House release.)

Rubenstein is the fourth graduate of the Law School to receive this prestigious honor. The three prior alumni recipients were: Morris I. Leibman ’33, who were awarded the medal in 1981 by President Ronald Reagan, and Abner Mikva ’51 and Patsy Mink ’51, who were awarded the medal in 2014 by President Barack Obama.

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