Author and investor Howard Stanley Marks is well known. He is also OAKTREE CAPITAL MANAGEMENT’s co-chairman and co-founder. On the Forbes 400 list of the wealthiest Americans, he came in at number 370.
He is the author of three books on investing and thinks that investors should select a strategy based on their unique circumstances and risk tolerance.
What is the Net Worth of Howard Marks? Salary, Earnings
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As of March 2023, Howard Marks’ estimated net worth is $2.5 billion, which he has accumulated through his work as an American investor. He co-founded Oaktree Capital Management, which is how he made the majority of his money.
The East Hampton home with a sea view cost him $30 million. He and his wife purchased a duplex at 740 Park Avenue for $52.5 million in 2012. After selling a $75 million mansion in 2013, he purchased a $23.7 million house in 2015.
Howard spent $35 million in 2019 to purchase parcels in New York close to his East Hampton home.
He is an investor who wants to teach people who don’t know about the benefits of investing about his knowledge and experience. Howard released THE MOST IMPORTANT THING: UNCOMMON SENSE FOR THE THOUGHTFUL INVESTOR in 2011 and a follow-up to this book in 2012.
Mastering the Market Cycle, another book he wrote in 2018, Many people adore him for both his books and his good nature. He is followed similarly to celebrities in show business and sports.
Where was Howard Marks born? Ethnicity, Nationality, Family, Education
On April 23, 1946, he was born in Queens, New York. He lived his upbringing as a Christian Scientist even though his family was Jewish. He had previously attended the University of Pennsylvania’s Whiton School.
studiesMasterstudiesstudiesMasterstudiesstudiesstudiesMaster He earned a degree in business and a minor in Japanese studies from CUM LAUDE in 1967. He received his Master of Business Administration degree when he was 23 years old.
Quick Facts
| Celebrated Name: | Howard Marks |
| Real Name/Full Name: | Howard Stanley Marks |
| Gender: | Male |
| Age: | 76 years old |
| Birth Date: | April 23, 1946 |
| Birth Place: | New York City (United States) |
| Nationality: | American |
| Height: | 1.8m |
| Weight: | 74 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Nancy Marks |
| Children/Kids (Son and Daughter): | Yes (Andrew and Jane Hait) |
| Dating/Girlfriend (Name): | N/A |
| Is Howard Marks, Gay?: | No |
| Profession: | Writer and Investor |
| Salary: | N/A |
| Net Worth in 2022: | $2.5 billion |
Is Howard Marks Married? Relationship
Howard Marks got married, but their union broke up very fast. He has a son named Andrew Marks after marrying Nancy Freeman.
He also has a stepchild named Jane Hait from a prior union with his second wife.
Howard disagrees with Donald Trump’s monetary policy. He is a Democrat who has contributed more than $200,000 to the HILLARY VICTORY FUND and other groups.
How Tall is Howard Marks? Height, Weight, and Hair Colour
As of 2022, Howard Marks, who was born on April 23, 1946, will be 76 years old. He stands 1.8 meters tall and weighs 74 kilograms.
How did Howard Marks start his Professional Career?
In 1969, he started working with CITICORP, and he remained there until 1978. Marks continued to serve as a Vice President for the same business after that up until 1985.
Howard moved to Los Angeles in 1980 and started working for Citicorp there. He started working for the TCW group in 1985, managing high-yield debts and convertible securities.
He decided to launch his own company in 1995. In 1995, Howard and five other partners co-founded Oaktree, however, they all left the company soon after.
He focused on the company and saw it prosper. Through an initial public offering, it became publicly traded in 2012. From 2000 to 2010, he held the position of Trustee of the Investment Board at Pennsylvania University.
He belongs to the New York Society’s Security analysts as well. Additionally, he holds a trustee position at London’s ROYAL DRAWING SCHOOL.
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