Howard Marks (#1895)
- $ 2 B
- Private equity
- United States
- M
- 80 Years
Rest in Peace Ask Jeeves, every search comes to an end
County commissioners call on lawmakers to up funding for 911 dispatch systems
Spirit Airlines Is Going Out Of Business; Effective IMMEDIATELY
Pokémon Scalpers Selling Limited-Edition Pop-Tarts For Ridiculous Prices
Bennett says Netanyahu gov't 'boycotting' West Bank settlements amid Carrefour subsidy deal
Golf gear on sale now: Up to 65% off adidas, 45% off Puma, 15% off Mizuno, more
Families across the US can't find childcare — this map shows where it's worst
Median sales surge 61% in a Queens neighborhood that’s now the fifth priciest in NYC
Greg Brockman says his stake in OpenAI is worth nearly $30 billion
TeraWulf Announces Participation in Upcoming Investor and Industry Conferences
About Me
Howard Marks is the cofounder and co-chairman of Oaktree Capital Management, a Los Angeles-based distressed debt investor with over $220 billion in assets. Marks began his career at Citibank, where he started a portfolio of high-yield bonds after meeting with junk bond king Michael Milken. He became an asset manager at TCW, where he met Oaktree cofounder Bruce Karsh. The duo left with four colleagues in 1995 to found their own shop. In September 2019, Brookfield Asset Management acquired 61% of Oaktree for about $4.9 billion in cash and stock. It agreed to buy the rest for $3 billion in 2025. He and Karsh still head up Oaktree, which continues to operate independently of Brookfield. His stake in the firm is now about 7.5%.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Howard Marks’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Howard Marks’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $2.2B
(May 4, 2026)
© Iconic Billionaires