Howard Stanley Marks is a well-known author and investor. He is the co-founder and co-chairman of OAKTREE CAPITAL MANAGEMENT. He was ranked 370th on the FORBES 400 list of wealthy Americans. He has written three books on investing and believes that investors should choose a strategy based on their risk tolerance and personal circumstances.
Quick Facts
| Celebrated Name: | Howard Marks |
| Real Name/Full Name: | Howard Stanley Marks |
| Gender: | Male |
| Age: | 77 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: | $2.5 billion |
Howard Marks Biography
He was born on April 23, 1946, in Queens, New York. Despite the fact that his family was Jewish, he spent his childhood as a Christian Scientist. He previously attended THE UNIVERSITY OF PENNSYLVANIA’S WHARTON SCHOOL. He graduated from CUM LAUDE in 1967 with a minor in JAPANESE STUDIES and major in finance. He received his MASTER OF BUSINESS ADMINISTRATION degree when he was 23 years old.
Howard Marks Age, Height, And Weight
Howard Marks was born on April 23, 1946, and is 77 years old as of 2024. His height is 1.8m, and he weighs 74kg.
Career
He began working for the company CITICORP in 1969 and remained there until 1978. After that, he worked as a Vice President for the same company until 1985. In 1980, he relocated to Los Angeles and began working for Citicorp from another branch. He began working in the TCW group in 1985, where he was in charge of convertible securities and high-yield debts. He decided to start his own business in 1995. He co-founded Oaktree with five other partners in 1995, but they all left soon after.
He concentrated on the business and saw it succeed. It went public in 2012 through an initial public offering. He served as a Trustee of the Investment Board at Pennsylvania University from 2000 to 2010. He is also a member of the New York Society’s Security analysts. He also serves as a trustee at the ROYAL DRAWING SCHOOL in London.
Howard Marks Wife, Marriage
Howard Marks married someone, but their marriage quickly ended in divorce. He married Nancy Freeman, and they had a son named ANDREW MARKS. He also has a step-child, Jane Hait, from his second wife’s previous marriage. He opposes Donald Trump’s economic policies. He is a member of the Democratic Party and has given more than $200,000 to the HILLARY VICTORY FUND and other organizations.
Howard Marks Awards
Howard Marks has not received any awards for his work to date, but his most significant accomplishment is that he has taught the concept of investment to several people who were previously unaware of it. Millions of people may still be learning from his books today.
Howard Marks Net Worth
Howard Marks’ net worth is estimated to be around $2.5 billion as of March 2024, which he has amassed through his work as an American investor. He made the majority of his money as a co-founder of OAKTREE CAPITAL MANAGEMENT. He paid $30 million for the sea-view property in East Hampton. In 2012, he and his wife paid $52.5 million for a duplex at 740 Park Avenue. He bought a $23.7 million home in 2015 after selling a $75 million mansion in 2013. In 2019, he paid $35 million for Parcels in New York near his East Hampton property.
He is the investor who wishes to share his knowledge and experience with those who are unaware of the benefits of investments. In 2011, he published THE MOST IMPORTANT THING: UNCOMMON SENSE FOR THE THOUGHTFUL INVESTOR, and in 2012, he published a sequel to this book. In 2018, he published another book titled MASTERING THE MARKET CYCLE. People adore him not only for his books but also for his kind heart. People follow him in the same way that they follow actors and sports celebrities.
