Howard S. Marks Biography
Howard S. Marks is a famous American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. With a net worth of $2.2 billion in 2022, Marks was ranked No. 1365 on the Forbes list of billionaires.
10 Quick Facts About Howard S. Marks
- Name: Howard Stanley Marks
- Age: 77 Years Old
- Birthday: April 23
- Zodiac Sign: Taurus
- Height: 5 feet 11 inches (1.8 m)
- Nationality: American
- Occupation: Investor, Writer
- Marital Status: Married
- Salary: Not Available
- Net worth: $2.2 Billion
Howard S. Marks Age
Hoard is 77 years old. He was born on April 23, 1946, in New York City, United States. He celebrates her birthday on April 23 every year, and his birth sign is Taurus.
Howard S. Marks Height
Howard stands at a height of 5 feet 11 inches (1.8 m) tall.
Howard S. Marks Weight
Marks weighs 74 kg (163 lbs).
Early Life and Education
Marks was born on April 23, 1946, and brought up in Queens, New York. Although his family was ethnically Jewish, he was brought up as a Christian Scientist. He went to the Wharton School of the University of Pennsylvania for undergraduate studies and was a Pi Kappa Alpha fraternity member. He graduated cum laude in 1967 with a major in finance and a minor in Japanese Studies.
He attained a Master of Business Administration in Accounting and Marketing from the University of Chicago Booth School of Business in 1969, at the age of 23 where he bested the George Hay Brown Prize. He became a CFA charter holder in 1975.
Rise to Fame
Howard is a well-known co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. In 2022, with a net worth of $2.2 billion, Marks was ranked No. 1365 on the Forbes list of billionaires.
Howard S. Marks Family
Howard was born and raised by his parents in New York City, USA. However, our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, the identity of Howard’s parents is still unclear. It is also not known if he has any siblings. We will update this section once this information is available.
Howard S. Marks Wife
Marks is married to his lovely wife Nancy Freeman Marks, who runs the Marks family office, Freemark Partners. She has a B.A. in Psychology from New York University (1971) and an M.A. from Columbia University Teachers College (1972). Nancy is a member of the Board of Directors for the Los Angeles Museum of Contemporary Art.
Howard S. Marks Children
Marks has two children; biological son Andrew Marks and Jane Hait his step-child from Nancy’s previous marriage. Andrew Marks runs Freemark Partners, the investment firm for the Marks family.
Howard S. Marks Net Worth
Howard has an estimated net worth of $2.2 Billion. This includes his assets, money, and income. His primary source of income is his career as an Investor and Writer. Through his various sources of income, Howard has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Howard Marks Measurements and Facts
Here are some interesting facts and body measurements you should know about Howard Marks.
Howard S. Marks Wiki
- Full Names: Howard Stanley Marks
- Popular As: Co-chairman of Oaktree Capital Management
- Gender: Male
- Occupation / Profession: Investor, Writer
- Nationality: American
- Race / Ethnicity: White
- Religion: Christian
- Sexual Orientation: Straight
Howard S. Marks Birthday
- Age / How Old?: 77 Years Old
- Zodiac Sign: Taurus
- Date of Birth: April 23, 1946
- Place of Birth: New York City, United States
- Birthday: April 23
Howard S. Marks Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: 5 feet 11 inches (1.8 m)
- Weight: 4 kg (163 lbs)
- Eye Color: Dark Brown
- Hair Color: Dark Brown
- Shoe Size: Not Available
Howard S. Marks Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Married
- Wife/Spouse: Married to Nancy Marks
- Dating / Girlfriend: Not Applicable
- Children: Andrew Marks, Jane Hait
Howard S. Marks Net Worth and Salary
- Net Worth: $2.2 billion
- Salary: Not Available
- Source of Income: Writer, Investor
Career
Marks is a legendary figure in the world of investing, particularly known for his expertise in distressed debt and value investing. His career has spanned over five decades, marked by impressive achievements and insightful commentary. Marks began his journey in 1969 at Citicorp, starting as an equity research analyst and eventually rising to Director of Research.
He spent 16 years at Citicorp, gaining valuable experience in analyzing companies and evaluating investments. In 1985, Marks moved to TCW Group, where he led the high-yield debt and convertible securities groups. Under Marks’s guidance, Oaktree grew into a global investment powerhouse with over $150 billion in assets under management.
Howard S. Marks Letters
Memos to Oaktree clients are letters that Mark writes to outline his views on investing, the markets, and economies. About his memos, some media tabloids wrote that; “the letters read like Michael Lewis ghostwriting for Warren Buffett: insightful, direct, homespun, expert and sharply pointed. Their quality and insight have gained them a devoted readership among value investors”
Howard S Marks Books
- Mastering the Market Cycle: Getting the Odds on Your Side
- The Most Important Thing: Uncommon Sense for the Thoughtful Investor
Howard S. Marks Quotes.
Howard S Marks Podcast
Howard talks about finance, Investing, saving, risk assessment, how to think differently than the crowd, and the three mighty dares that separate the successful from the also-rans. His podcasts can be found on iTunes, Stitcher, Overcast, and Bloomberg. You can also stream or download on the named sites.
Howard S Marks House
Marks is known to own real estate properties in the United States worth billion shillings. Here is one of his houses.
Final Thoughts
Marks’s career is a testament to the power of long-term thinking, contrarian investing, and staying true to one’s convictions. He continues to be an active voice in the investment world, inspiring and educating generations of investors.
Howard S Marks Contacts
- Youtube
- Tiktok
- Website
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