Howard Marks Net Worth (Updated 2025).
Howard Marks, born in 1946, began his career in the 1970s, working his way up from a trainee at a small brokerage firm. He quickly demonstrated an exceptional talent for spotting undervalued investments, a skill that would become his trademark. Marks’ big break came in the early 1990s when he founded Oaktree Capital Management, a distressed debt and special situations investment firm. His unique investment strategy, focused on buying securities at deep discounts, caught the attention of the financial world and launched him into the limelight.
Table Of Contents
Howard Marks’ Net Worth in 2025
As of 2025, Howard Marks’ net worth is estimated to be around $2.1 billion, according to Forbes. This significant wealth is largely attributed to his successful career in the investment industry.
Career
Howard Marks is a renowned American investor and co-founder of Oaktree Capital Management, a global investment firm. He started his career at Citibank in the late 1960s and later worked at the investment firm, The TCW Group, before founding Oaktree in 1985. Marks is widely respected for his contrarian investment style and insightful market commentary.
Other Ventures
Besides Oaktree, Marks has ventured into other businesses. He co-founded the investment firm, NextEquity Partners, in 2015, focusing on growth equity investments. He also serves on the board of several public and private companies, providing strategic guidance and investment expertise.
Assets
Marks’ assets include a significant stake in Oaktree Capital Management, which he co-owns with his partner, Bruce Karsh. He also owns a substantial real estate portfolio, including residential properties in California and New York. Additionally, Marks has invested in various private and public companies across different sectors.
Annual Income
While Howard Marks’ exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily due to his compensation from Oaktree Capital Management, where he serves as the co-chairman and co-chief investment officer. His annual income also includes earnings from his other ventures and investments.
Frequently Asked Questions about Howard Marks
**Howard Marks Net Worth FAQs**
1. What is Howard Marks’ net worth?
Howard Marks’ net worth is estimated to be around $2.1 billion.
2. How did Howard Marks make his money?
Howard Marks made his fortune as the co-founder of Oaktree Capital Management, a global investment management firm. He is known for his expertise in distressed debt investing.
3. What is Howard Marks’ background?
Howard Marks was born in 1946 and graduated from the University of Michigan with a Bachelor’s degree in economics. He then received his MBA from the University of Chicago Booth School of Business.
4. When did Howard Marks start Oaktree Capital Management?
Howard Marks co-founded Oaktree Capital Management in 1995 with a group of other investors.
5. What is Howard Marks’ role at Oaktree Capital Management?
Howard Marks is the co-chairman and co-founder of Oaktree Capital Management. He is also the portfolio manager for various funds and serves on the firm’s management and investment committees.
6. What are some of Howard Marks’ notable investments?
Howard Marks and Oaktree Capital Management have been involved in several high-profile investments, including the restructuring of Lehman Brothers and the acquisition of Toys “R” Us.
7. What is Howard Marks’ investment philosophy?
Howard Marks is known for his contrarian investment style, focusing on distressed debt and other special situations. He believes in investing in undervalued assets and waiting for market conditions to improve.
8. What are some of Howard Marks’ books?
Howard Marks has written several books, including “The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor” and “Mastering the Market Cycle: Getting the Odds on Your Side”.
9. What are some of Howard Marks’ philanthropic efforts?
Howard Marks and his wife, Nancy, have established the Marks Family Foundation, which focuses on supporting education, healthcare, and social services in Los Angeles and other communities.
10. What is Howard Marks’ approach to risk management?
Howard Marks emphasizes the importance of risk management in his investment strategy. He believes in taking calculated risks and avoiding excessive leverage, as outlined in his famous memos to Oaktree investors.
