Name
Bruce Karsh
Bruce Karsh
Los Angeles, California
Bachelor of Arts/Science, Duke University | Doctor of Jurisprudence, University of Virginia
United States
Oaktree Capital Group LLC
8
private equity, Self Made
$2,200,000,000
1168
#1168 Billionaires 2019
#374 Forbes 400 2017
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 manages over $120 billion in assets, more than half 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.
Karsh, a rock and roll memorabilia collector, owns the rights to the Beatles' movie "A Hard Day's Night," and co-owns the rights to "Help!"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.
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