Michael Sacks, born and raised in Chicago, Illinois, began his career in the early 1980s, fresh out of the University of Illinois at Urbana-Champaign with a degree in economics. He started as a financial analyst at a small investment firm, where he quickly demonstrated his analytical prowess and keen eye for identifying undervalued opportunities.

Sacks’ big break came in 1987 when he joined a newly formed hedge fund, run by a group of seasoned investors. He was given a chance to manage a small portfolio, and within a year, his fund was up 50%, outperforming the market and his peers. This impressive start caught the attention of industry veterans and set the stage for his rise to fame.

Michael Sacks’s Net Worth in 2025

As of 2025, Michael Sacks’ net worth is estimated to be around $2.5 billion, according to the latest available information.

Michael Sacks’s Career

Michael Sacks is a renowned American businessman and philanthropist. He co-founded and served as the CEO of Grosvenor Capital Management, a global investment management firm. He stepped down from his role in 2015 but remains a significant shareholder and chairman emeritus.

Michael Sacks’s Other Ventures

In addition to his work at Grosvenor, Sacks is involved in various other ventures. He is a director at several public companies, including Allstate and McDonald’s. He also serves on the board of the Chicago Council on Global Affairs and the Museum of Science and Industry.

Michael Sacks’s Assets

Sacks’ assets include a significant stake in Grosvenor Capital Management, as well as investments in various other companies and real estate. He also owns a collection of modern and contemporary art, which is reportedly worth hundreds of millions of dollars.

Michael Sacks’s Annual Income

As a director at several public companies, Sacks receives substantial compensation. According to a 2021 proxy statement from Allstate, Sacks received $325,000 in compensation from the company. His exact annual income can vary year by year and is influenced by his various business interests and investments.

Frequently Asked Questions about  Michael Sacks

Michael Sacks Net Worth FAQs

What is Michael Sacks’ net worth?

Michael Sacks’ net worth is estimated to be $1.5 billion.

How did Michael Sacks make his fortune?

Michael Sacks made his fortune through his career as a businessman and investor. He is the founder and CEO of Grosvenor Capital Management, a global alternative asset management firm.

When was Michael Sacks born?

Michael Sacks was born on September 22, 1952.

Where did Michael Sacks grow up?

Michael Sacks grew up in Chicago, Illinois.

What is Michael Sacks’ educational background?

Michael Sacks graduated from the University of Chicago with a Bachelor of Arts degree in Economics. He also holds a Master of Business Administration degree from the University of Chicago Booth School of Business.

What is Michael Sacks’ political affiliation?

Michael Sacks is a Democrat.

Has Michael Sacks held any political positions?

Yes, Michael Sacks has held several political positions. He served as the National Finance Chairman for Barack Obama’s presidential campaigns in 2008 and 2012. He also served as a co-chair of the Obama-Biden Transition Project in 2008.

What is Michael Sacks’ philanthropic work like?

Michael Sacks is involved in several philanthropic causes. He serves on the board of the Museum of Science and Industry in Chicago and is a trustee of the University of Chicago. He also supports various Democratic political causes and candidates.

What are some of Michael Sacks’ hobbies and interests?

Michael Sacks is an avid art collector and a fan of the Chicago Cubs baseball team. He also enjoys playing golf and spending time with his family.

What is Michael Sacks’ current role at Grosvenor Capital Management?

Michael Sacks is the founder and CEO of Grosvenor Capital Management. He has held this position since the firm’s founding in 1972.