Bruce Karsh’s profile picture

Bruce Karsh

President, Oaktree Capital Group LLC
Bruce Karsh’s profile picture
Net worth 2018: $1.97 Billion
Industry: Investments
Residence: Los Angeles, California
Country: United States
BirthDay: 10 October 1955
Sigh: Scorpio
Children: 3
Education: Bachelor of Arts / Science, Duke University; Doctor of Jurisprudence, University of Virginia
BIOGRAPHY

Bruce Karsh was bornon 10 October 1955 in Los Angeles, California, United States, is President, Oaktree Capital Group LLC. Bruce Karsh is #1224 in List Billionaires People In The World. Bruce Karsh cofounded Los Angeles-based private equity firm Oaktree Capital Management with longtime business partner Howard Marks in 1995. Karsh still runs the company, which went public in 2012, as its co-chairman. A leading debt investor, Oaktree boasts $100 billion in assets under management, two thirds of which is invested in corporate or distressed debt. A Duke alum, he helps funds scholarships there for students from countries such as Ethiopia, Romania and Pakistan.

NET WORTH STATISTIC
2010

$1.15 Billion

2011

$1.6 Billion

2012

$1.4 Billion

2013

$1.9 Billion

2014

$2 Billion

2015

$2 Billion

2016

$1.9 Billion

2017

$2 Billion

2018

$1.97 Billion

TIMELINE
2016

As of August 2016 according to Forbes magazine, he has a net worth of $1

2015

Along with his wife, Karsh received KIPP’s Giving Tree Award in 2015

2009

In 2009 he became director of Charter Communications

2005

This included $12 million in 2005, $20 million in 2008, and $50 million in 2011 ($30 million for U

2003

He served on the Duke University Board of Trustees from 2003 to 2015 and is now Trustee Emeritus

2002

Karsh joined the Board of Directors for Duke University’s investment management company (DUMAC) in 2002, and in July 2005 was appointed Chairman

1998

In 1998 Karsh and his wife started the charitable organization the Karsh Family Foundation, which has donated or committed over $200 million for education and scholarships across all levels

1995

In April 1995, Karsh, Howard Marks, and three other employees at TCW left their firm to found Oaktree Capital Management

1988

TCW's first distressed debt fund was started in 1988

1987

In 1987, Broad's insurance company became a client of TCW Group

1974

In 1974, he graduated from Ladue Horton Watkins High School in St

1955

Karsh was born in 1955 to a Jewish family, the son of David H

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