Marc Lasry

Founder, Avenue Capital Group
$1.88B
as of 10/04/24

About Marc Lasry

Marc Lasry and his sister Sonia founded Avenue Capital Management in 1995 with $7 million in funding from friends and family.

The firm manages about $13 billion in assets and focuses on distressed and undervalued securities.

Lasry was born in Morocco and moved to the U.S. at age 7 with his family, sharing a bedroom with his 2 siblings for a decade.

He is a major supporter of the Democratic Party, having raised funds for President Obama and candidate Hilary Clinton in the past.

Lasry reportedly sold a 25% stake in the Milwaukee Bucks in 2023, when the team was valued at $3.5 billion.

Personal stats

Citizenship

United States of America

Source of wealth

Hedge funds

Residence

New York, New York

Marital status

Married

Birth date

09/23/60 (age 64)

Number of children

5

Education

Bachelor of Arts/Science, Clark University; Doctor of Jurisprudence, New York Law School

Self-made

self-made

Marc Lasry’s fortune is worth

31K

troy ounces of gold

29K

median U.S. household

19K

median U.S. income

0.038%

U.S. credit card volume

0.008%

GDP of the United States

0.006%

United States debt

Net worth history

Annual ranking

Did you know?

A comic book collector, Lasry sold a Wonder Woman #1 comic at auction for a record $291,000 in December 2016.

Net worth over time

Real-time ranking

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