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Marc Lasry - Net Worth, Age, Height, Birthday, Bio, Wiki!

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Explore Marc Lasry net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Marc Lasry? Who is Marc Lasry dating now & how much money does Marc Lasry have?

NameMarc Lasry
First NameMarc
Last NameLasry
OccupationBusinessman
BirthdaySeptember 30
Birth Year1959
Place of BirthMarrakesh
Home TownMarrakesh-Tensift-El Haouz
Birth CountryMorocco
Birth SignLibra
Full/Birth Name
ParentsMoise Lasry, Elise Lasry
SiblingsSonia Gardner, Ruth Lasry Steinberg
SpouseCathy Lasry
Children(s)Sophie Lasry, Zach Lasry, Emma Lasry, Samantha Lasry, Alex Lasry

Marc Lasry Biography

Marc Lasry is one of the most popular and richest Businessman who was born on September 30, 1959 in Marrakesh, Marrakesh-Tensift-El Haouz, Morocco.

Lasry was born in Marrakech to a family of Moroccan Jews. When he was seven years old, he and his family immigrated to the U.S. His father, Moise, was a computer programmer and his mother, Elise, was a schoolteacher. Lasry grew up in West Hartford, Connecticut and received a B.A. in history from Clark University in 1981 and a J.D. from New York Law School in 1984. While in law school, he worked as a clerk for the Chief Bankruptcy Judge of the Southern District of New York, Edward Ryan.

In 1989, Lasry and his sister founded the firm Amroc Investments with $100 million in seed money from various investors. Amroc purchased both trade claims and bank debt held by vendors of bankrupt and/or distressed companies. In 1995, Lasry and Gardner invested $7 million of their own capital and founded the Avenue Capital Group, which initially focused on distressed debt and special situations primarily in the United States. The partners successfully expanded the firm’s investment focus to Europe and Asia. The two went on to build their hedge fund, which had as much as $11 billion in assets under management.

Marc Lasry (born September 30, 1959) is an American billionaire businessman and hedge fund manager. He is the co-founder and chief executive officer (CEO) of Avenue Capital Group, and the co-owner of the NBA’s Milwaukee Bucks basketball team.

Marc Lasry Net Worth

Net Worth: According to financial reports, Marc Lasry has a net worth of approximately 1.8 billion USD as of 2020. His net worth is primarily derived from his role as the co-founder and CEO of Avenue Capital Group, a private equity firm. His significant assets include his ownership stakes in various companies, investments, and real estate holdings.

Career and Financial Growth: Marc Lasry’s career has played a significant role in his financial milestones. He co-founded Amroc Investments in 1989 and Avenue Capital Group in 1995, focusing on distressed debt and special situations. Through strategic investments and expansions into Europe and Asia, Avenue Capital Group grew to manage assets worth as much as 11 billion USD. Additionally, Lasry took control of Trump Entertainment Resorts during its bankruptcy and ventured into the online gambling industry. These ventures and investments have contributed to his wealth accumulation.

Source of Net Worth: Marc Lasry’s net worth predominantly stems from his successful career as a businessman and private equity manager. His co-founding of Amroc Investments and Avenue Capital Group has been instrumental in accumulating his wealth. Additionally, his involvement in various ventures, such as Trump Entertainment and online gambling, has further contributed to his net worth. While information on specific endorsements and sponsorships is not available, Lasry’s success in the business world has been a primary driver of his net worth.

Personal Projects and Ventures: Outside of his primary profession, Marc Lasry has engaged in several personal projects and ventures. He co-owned the NBA’s Milwaukee Bucks from 2014 to 2023, demonstrating his interest in sports ownership. He has also supported philanthropic causes and donated to educational institutions, such as the University of Pennsylvania and Clark University. Additionally, Lasry has been involved in community organizations and served as a director of the 92nd Street Y and the Big Apple Circus.

Philanthropy: Like many influential figures, Marc Lasry is involved in philanthropic efforts. He has donated to educational institutions and has co-chaired the Penn Parent Leadership Committee. Lasry has also participated in charity events, such as “Portfolios with Purpose,” where he selected portfolios on behalf of his favorite charities.

Recent Developments: In recent years, Marc Lasry has focused on his business projects and ventures. In 2021, he stepped down as the chair of Ozy and expressed his interest in investing in China. However, Lasry has faced some challenges, such as his association with Amplify Energy, which faced criminal negligence charges related to an oil spill in California in 2021. Additionally, in 2023, Lasry entered an agreement to sell his stake in the Milwaukee Bucks, indicating a change in his business portfolio. The future impact of these developments, along with current economic trends, may influence his future net worth.

Net Worth1.8 billion USD (2020)
SalaryUnder Review
Source of IncomeBusinessman
CarsNot Available
HouseLiving in own house.

In 2004, Lasry and his wife contributed support to the University of Pennsylvania and co-chaired the Penn Parent Leadership Committee. In 2005 they donated $5 million to Clark University for the construction of the “Cathy ’83 and Marc ’81 Lasry Center for Bioscience”.

In 2013, Lasry was considered for the position of U.S. ambassador to France, but declined consideration for business reasons. In 2014 Forbes listed Lasry as one of the 25 highest-earning hedge fund managers in 2013, with total earnings of $280 million.

Ethnicity, religion & political views

Many peoples want to know what is Marc Lasry ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Marc Lasry's ethnicity is Not Known. We will update Marc Lasry's religion & political views in this article. Please check the article again after few days.

Lasry served as a director of the 92nd Street Y and the Big Apple Circus and was a trustee of the Mount Sinai Hospital (Manhattan).

Who is Marc Lasry Dating?

According to our records, Marc Lasry married to Cathy Lasry. As of January 13, 2024, Marc Lasry’s is not dating anyone.

Relationships Record: We have no records of past relationships for Marc Lasry. You may help us to build the dating records for Marc Lasry!

In April 2014, Lasry became co-owner of the NBA’s Milwaukee Bucks after purchasing the team from Herb Kohl for $550 million. Following the 2016 U.S. election, Lasry and the Milwaukee Bucks became one of three NBA teams to openly state they would not be staying at Trump branded hotels when on the road.

Height, Weight & Body Measurements

Marc Lasry height Not available right now. Marc weight Not Known & body measurements will update soon.

HeightUnknown
WeightNot Known
Body MeasurementsUnder Review
Eye ColorNot Available
Hair ColorNot Available
Feet/Shoe SizeNot Available

After graduating from law school, Lasry took a position in the bankruptcy branch of the law firm Angel & Frankel. Together with his sister Sonia Gardner, they founded Amroc Investments in 1989 and Avenue Capital Group in 1995. One year later Lasry became the director of the private debt department at the investment firm R. D. Smith, now Smith Vasillou Management. This is where Lasry first got involved in trade claims. He then took a position as Co-Director of the Bankruptcy and Corporate Reorganization Department at Cowen & Company. There Lasry recruited his sister Sonia Gardner, also an attorney, to assist in the company’s trade claims department. Lasry left Cowen & Company and joined the Robert M. Bass Group, focused on distressed security investments.

In January 2016 Lasry participated in “Portfolios with Purpose,” an annual stock selection contest in which participants pick portfolios on behalf of their favorite charities. Lasry resigned from the board of The Weinstein Company along with fellow board members Dirk Edward Ziff and Tim Sarnoff, after allegations of sexual assault were disclosed.

Facts & Trivia

Marc Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Morocco. Marc Lasry celebrates birthday on September 30 of every year.

In 2019, Lasry played on the “Away” roster during the NBA All-Star Celebrity Game at the Bojangles’ Coliseum in Charlotte, North Carolina.

How did Marc Lasry make his money?

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.

What does Marc Lasry own?

Avenue Capital – the hedge fund run by Lasry, who is also a co-owner of the Milwaukee Bucks NBA team – bought a 17-percent stake in Diamond Offshore Drilling this spring with plans to install three of its people on the board to agitate for changes at the Houston-based energy company.

How old is Marc Lasry?

62 years (September 23, 1959)

What nationality is Marc Lasry?

American

Does Aaron Rodgers own the bucks?

Aaron Rodgers is a minority owner of the Milwaukee Bucks In 2018, Rodgers bought a one-percent stake in the Bucks to become one of their minority owners. He is the only active NFL player with an ownership stake in an NBA team.

You may read full biography about Marc Lasry from Wikipedia.