Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says ‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse U.S. stocks fall after Iran says Strait of Hormuz will remain shut Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf Gordan Chang – “China Is Broke – Rulers Are Desperate – Bad Things Are Going to Happen” American Airlines will stop upgrading elite flyers to business from coach on long domestic flights Does Africa still back Infantino as Fifa president? A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon.

Howard Marks

Howard Marks

Howard Marks (#1898)

Global Rank #1898
Country Rank #641
Country United States

Howard Marks is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 2 B
  • Private equity
  • United States
  • M
  • 80 Years

Snapshot

Quick Facts

Global Rank #1,898
Country Rank #641
Net Worth $2.2B
Previous Worth $2.2B
Worth Change +$0.0B
Country United States
Industry Private equity
Age 80 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 30 Jul 2026, 12:00 AM
Residence New York, New York
World Billionaires List United States Billionaires Private equity

Profile Data

Personal Stats

Age 80
Source Of Wealth Private equity, Self Made
Self Made Score 8
Residence New York, New York
Citizenship United States
Marital Status Married
Children 2
Education Bachelor of Arts/Science, University of Pennsylvania, The Wharton School
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.2B
Current Net Worth $2.2B

Worth as of May 4, 2026

About Me

Howard Marks is the cofounder and co-chairman of Oaktree Capital Management, a Los Angeles-based distressed debt investor with over $220 billion in assets. Marks began his career at Citibank, where he started a portfolio of high-yield bonds after meeting with junk bond king Michael Milken. He became an asset manager at TCW, where he met Oaktree cofounder Bruce Karsh. The duo left with four colleagues in 1995 to found their own shop. In September 2019, Brookfield Asset Management acquired 61% of Oaktree for about $4.9 billion in cash and stock. It agreed to buy the rest for $3 billion in 2025. He and Karsh still head up Oaktree, which continues to operate independently of Brookfield. His stake in the firm is now about 7.5%.

Insights

Did You Know?

Marks is known for his highly detailed investment memos, which cover everything from cryptocurrency to index investing.

The Wharton and UChicago alum minored in Japanese studies, which he became interested in after signing up for a mandatory literature class.

Wealth Growth

Net Worth Growth Over Time

Tracking Howard Marks's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $2.2B (May 4, 2026)

© Iconic Billionaires