Rank #2162
Michael Arougheti
Net worth $2.0B
Finance · United States
- Born
- Oct 10, 1972
- Age
- 53
- Source
- Finance
- Residence
- Nyack, New York
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Arts, Yale University
Net worth over time
Biography
- Michael Arougheti is the cofounder and CEO of credit-oriented alternative investment firm Ares Management, which manages $596 billion in assets.
- Arougheti arrived at Ares in 2004 to help create and grow its private credit business and took over as CEO from cofounder Antony Ressler in 2018.
- Ares' largest business is its direct lending segment, which makes loans to private middle-market companies in the U.S. and Europe.
- The firm also has funds in several other asset classes, including private equity, real estate and infrastructure.
- Arougheti graduated from Yale and worked at Kidder, Peabody & Co., Indosuez Capital and Royal Bank of Canada before joining Ares.
Financial assets
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