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Howard Marks Net Worth 2017, Biography & Wiki
Howard Marks Net Worth: Howard Marks is an American investor that has a net worth of $1.8 billion. Produced Howard Stanley Marks in 1946 in Queens, Ny, he made his fortune working in distinct investment partnerships until he co-founded Oaktree Capital Management. Subsequently, Marks was named Director of Research, and many years afterwards, he became firm’s Vice President. Marks additionally served as Chief Investment Officer for national fixed income, and TCW’s President of the asset management. Following a decade of working, he left TCW, and jointly along with his coworker Bruce Karsh, he found Los Angeles-based Oaktree Capital Management in 1995. The investment company grew rapidly, specializing on distressed debt, high-yield bonds, and private equity. In the year 2012, both associates took Oaktree Capital Management people, selling about $90 million-worth position.