David M. Rubenstein, a notable figure in business, public affairs, higher education, and the arts, has been awarded the Presidential Medal of Freedom. Rubenstein is recognized for his philanthropy and support for restoring historic landmarks and cultural institutions across the United States.

Rubenstein co-founded The Carlyle Group, a leading private investment firm. His philanthropic efforts include contributions to restore or repair several national monuments and cultural sites such as the Washington Monument, Lincoln Memorial, Jefferson Memorial, Monticello, Montpelier, Mount Vernon, Arlington House, Iwo Jima Memorial, the Kennedy Center, the Smithsonian Institution, National Archives, National Zoo, Library of Congress, and the National Museum of African American History and Culture.

President Joe Biden presented Rubenstein with the medal on January 4 at the White House. He was acknowledged as “a transformational business leader and philanthropist.” The citation highlighted that his leadership serves as a reminder to preserve and share history so that everyone can see themselves in America's story.

Rubenstein becomes the 15th member of the University of Chicago community to receive this honor. UChicago President Paul Alivisatos remarked on Rubenstein's recognition: “This recognition underscores David’s extraordinary contributions to philanthropy, public service and cultural preservation.” Alivisatos emphasized how Rubenstein's generosity reflects values represented by this prestigious award.

A graduate of the University of Chicago Law School in 1973, Rubenstein has also served on the Senate Judiciary Committee and in the Carter administration. He hosts "The David Rubenstein Show" and "Bloomberg Wealth with David Rubenstein," and authored books including "The American Story," "How to Lead," and "The American Experiment."

In addition to Rubenstein's honor this month in Washington D.C., two other members from UChicago were recognized. Professor Wendy Freedman received the National Medal of Science for her research in cosmology on January 3. On January 10, President Alivisatos will be awarded the Enrico Fermi Presidential Award for his work in nanoscience.

“I was very honored to be given this award by President Biden,” said Rubenstein. He expressed pride in being included among other honorees such as Paul Alivisatos for achievements in nanoscience and Wendy Freedman for her research in cosmology. “It’s a proud moment for the University of Chicago.”