Andrew Farkas, born and raised in New York City, began his career in the finance industry at a young age. After graduating from the University of Pennsylvania with a degree in Economics, he started his first job at Lehman Brothers, a prominent investment bank. Here, he honed his skills in mergers and acquisitions, learning the intricacies of deal-making and financial strategy.

Farkas’ big break came in 1994 when he co-founded Insight Enterprises, a technology services and solutions provider. Under his leadership, the company grew rapidly, eventually becoming a publicly traded entity on the NASDAQ. It was during this time that Farkas began to gain recognition in the business world, known for his innovative approach to technology and his ability to drive growth.

Andrew Farkas’s Net Worth in 2025

As of 2025, Andrew Farkas’s net worth is estimated to be around $1.5 billion, according to the latest available information.

Andrew Farkas’s Career

Andrew Farkas is the founder and chairman of Island Capital Group, LLC, a global real estate investment and finance company. He began his career at Bear Stearns in the late 1980s, eventually becoming a partner and co-head of the firm’s real estate investment banking group. In 1996, he founded Insignia Financial Group, which later merged with CB Richard Ellis to form CBRE Group.

Andrew Farkas’s Other Ventures

In addition to Island Capital Group, Farkas has invested in and founded several other companies. He is a co-founder and chairman of C-III Capital Partners, a commercial real estate investment management firm, and a co-founder and chairman of Banyan Street Capital, a residential real estate investment firm. He also serves on the board of directors of several public and private companies.

Andrew Farkas’s Assets

Farkas’s assets include a significant stake in Island Capital Group, as well as investments in various real estate properties and companies. He also owns a collection of contemporary art, including works by artists such as Andy Warhol and Jean-Michel Basquiat. In addition, Farkas owns a number of luxury properties, including a mansion in Palm Beach, Florida, and an apartment in New York City.

Andrew Farkas’s Annual Income

As the chairman of Island Capital Group, Farkas’s annual income is primarily derived from his compensation package at the company. According to regulatory filings, his total compensation in 2020 was approximately $6 million, which includes his base salary, bonus, and other forms of compensation. However, his actual annual income may vary from year to year and is not publicly disclosed.

Frequently Asked Questions about  Andrew Farkas

1. What is Andrew Farkas’ net worth?

Andrew Farkas’ net worth is estimated to be around $1.5 billion.

2. How did Andrew Farkas make his fortune?

Andrew Farkas made his fortune through his real estate investments and his involvement in the financial services industry. He is the founder and chairman of Island Capital Group LLC, a private investment firm.

3. What is Island Capital Group LLC?

Island Capital Group LLC is a private investment firm founded by Andrew Farkas in 2003. The firm focuses on investing in real estate, financial services, and other industries.

4. What other businesses has Andrew Farkas been involved in?

Andrew Farkas has been involved in several businesses throughout his career. He founded Insignia Financial Group in 1980, which later merged with CB Richard Ellis to form CBRE Group. He also founded Island Global Yachting, a luxury yacht charter company.

5. Where does Andrew Farkas live?

Andrew Farkas resides in New York City, New York.

6. What is Andrew Farkas’ educational background?

Andrew Farkas received his Bachelor of Arts degree from the University of Michigan and his Juris Doctor degree from the University of Pennsylvania Law School.

7. Is Andrew Farkas married?

Yes, Andrew Farkas is married. He and his wife, Lisa, have three children together.

8. What is Andrew Farkas’ philanthropic work like?

Andrew Farkas is involved in various philanthropic efforts. He and his wife established the Farkas Family Foundation, which supports causes such as education, healthcare, and social services. He also serves on the board of several charitable organizations.

9. What are Andrew Farkas’ hobbies and interests?

Andrew Farkas is an avid sailor and has competed in several sailing regattas. He is also a passionate art collector and has been involved in various art initiatives.

10. What is Andrew Farkas’ political affiliation?

Andrew Farkas is a registered Democrat and has contributed to Democratic political campaigns and causes.