Marc Lasry
New York, New York
Bachelor of Arts/Science, Clark University | Doctor of Jurisprudence, New York Law School
United States
Avenue Capital Group
9
hedge funds, Self Made
$1,800,000,000
1281
#1281 Billionaires 2019
#358 Forbes 400 2015
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 $10 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 has a stake in the Milwaukee Bucks, alongside Wesley Edens and Jamie Dinan.
In August 2017, his daughter Sophie married Alex Swieca, the son of a cofounder of hedge fund Highbridge Capital.A comic book collector, Lasry sold a Wonder Woman #1 comic at auction for a record $291,000 in December 2016.
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