Rank #1640
Bruce Karsh
Net worth $2.6B
Private equity · United States
- Born
- Oct 10, 1955
- Age
- 70
- Source
- Private equity
- Residence
- Los Angeles, California
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Duke University; Doctor of Jurisprudence, University of Virginia
Net worth over time
Biography
- Bruce Karsh runs Los Angeles-based private equity firm Oaktree Capital Management with longtime partner Howard Marks; they founded it in 1995.
- In 2019, Brookfield Asset Management acquired 61% of Oaktree for $4.9 billion in cash and stock. It agreed to buy the rest for $3 billion in 2025.
- Karsh still runs the company, which had gone public in 2012 and which continues to operate independently, as co-chairman and CIO.
- A leading debt investor, Oaktree manages over $220 billion in assets, two thirds of which is invested in corporate or distressed debt.
- Karsh, a rock-and-roll memorabilia collector, owns the rights to the Beatles' movie "A Hard Day's Night," and co-owns the rights to "Help!"
- Karsh is a minority owner of the Golden State Warriors. He made a play for the Los Angeles Clippers in 2014, but was outbid by Microsoft billionaire Steve Ballmer.
Financial assets
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