Bruce Karsh

President, Oaktree Capital Group LLC
$2.39B
as of 07/05/24

About Bruce Karsh

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 roughly $4.9 billion in cash and stock.

Karsh still runs the company, which had been publicly traded and which continues to operate independently, as co-chairman and CFO.

A leading debt investor, Oaktree manages over $160 billion in assets, two thirds of which is invested in corporate or distressed debt.

Karsh and his wife, Martha, have donated more than $340 million to causes including education, democracy and community initiatives through their Karsh Family Foundation.

Personal stats

Citizenship

United States of America

Source of wealth

Private equity

Residence

Los Angeles, California

Marital status

Married

Birth date

10/10/55 (age 68)

Number of children

3

Education

Bachelor of Arts/Science, Duke University; Doctor of Jurisprudence, University of Virginia

Self-made

self-made

Bruce Karsh’s fortune is worth

40K

troy ounces of gold

37K

median U.S. household

24K

median U.S. income

0.048%

U.S. credit card volume

0.01%

GDP of the United States

0.007%

United States debt

Net worth history

Annual ranking

Did you know?

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.

Net worth over time

Real-time ranking

Financial assets

NASDAQ | INSG-US

Inseego Corp

NYSE | OAK-US

Oaktree Capital Group LLC

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