Andre Hakkak is a prominent figure in the financial sector, who currently serves as the co-founder and CEO of White Oak Global Advisors.
He’s been a part of the sector for many decades, but the success he achieved with White Oak Global Advisors has skyrocketed his popularity.
Let us see what we know about him today, including his net worth.
Estimated Net Worth in 2024
Estimating Andre Hakkak’s net worth in 2024 reveals is estimated to be around $200 million. While there are some voices who claim that his net worth goes up to $10 billion, they simply are not seen as credible.
| Attribute | Details |
|---|---|
| Full Name | Andre Amin Hakkak |
| Date of Birth | January 1970 |
| Age | 50 years |
| Gender | Male |
| Birth Place | United States |
| Marital Status | Married |
| Spouse Name | Marissa Shipman |
| Nationality | American |
| Profession | Financial Expert and Advisor |
| Education | Bachelor of Science in Finance and Marketing |
| University | University of California at Berkeley |
| Net Worth | $200 Million (estimated) |
This wide estimate range can be attributed to several factors, including the fluctuating values of his investments, the performance of White Oak Global Advisors, and market conditions affecting his real estate and stock market holdings.
Notable properties and assets, such as his mansion in Coral Gables he bought for $14 million, add to his net worth but also introduce variability in assessments.
The discrepancies in net worth estimates highlight the complexities of valuing a diverse and dynamic financial portfolio like Hakkak’s.
Early Life and Education
Andre Hakkak was born with an inherent interest in business and finance.
Growing up, he displayed a keen aptitude for numbers and strategic thinking, which set the foundation for his future career.
Hakkak pursued his higher education at the University of California at Berkeley, where he earned a Bachelor of Science degree in Finance and Marketing.
This solid educational background equipped him with the necessary skills and knowledge to navigate the complex world of finance.
During his time at Berkeley, Hakkak was known for his academic excellence and active participation in various finance-related extracurricular activities.
While there may have been other institutions that contributed to his education, his degree from Berkeley remains a cornerstone of his academic credentials.
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Career Beginnings
Andre Hakkak’s career in investment and finance began with a series of roles that honed his expertise and prepared him for future entrepreneurial ventures.
One of his early significant positions was at Robertson Stephens and Co., a well-known investment bank.
Here, Hakkak gained valuable experience in investment strategies and financial management.
In 1995, he took a bold step by founding Suisse Global Investment, showcasing his entrepreneurial spirit and vision for the finance industry.
Building on this foundation, Hakkak established Alpine Global Management LLC in 2000, further solidifying his reputation in the financial sector.
These early career moves laid the groundwork for his subsequent success with White Oak Global Advisors.
Sources of Income
Andre Hakkak’s income is derived from multiple sources, reflecting his diverse investments and business ventures.
As the CEO of White Oak Global Advisors, a significant portion of his wealth comes from the firm’s success in managing assets and providing credit financing.
In addition to his role at White Oak, Hakkak has made substantial investments in real estate, further diversifying his income streams.
His previous companies, including Suisse Global Investment and Alpine Global Management LLC, have also contributed to his financial portfolio.
Moreover, Hakkak is active in the stock market, leveraging his expertise to make strategic investments that enhance his overall net worth.
Founding and Growth of White Oak Global Advisors
In 2007, Andre Hakkak, alongside Barbara J.S. McKee, founded White Oak Global Advisors.
The firm was established with a clear mission: to provide credit financing solutions to small and medium-sized enterprises (SMEs).
In 2021, the company raised up $1.3 billion in a private fund.
Under Hakkak’s leadership, White Oak has grown significantly, managing over $10 billion in assets and providing $24 billion in capital to finance more than 20,000 SMEs.
The firm has made a notable impact on the financial landscape, particularly in the areas of environmental, social, and governance (ESG) and impact-oriented investments.
Hakkak’s strategic vision and commitment to supporting SMEs have been key drivers of White Oak’s success, positioning the firm as a leader in its field and contributing to its impressive track record of growth and achievement.
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