Andre Hakkak Net Worth 2025 - Income Sources, House, Age

As of 2024, Andre Hakkak net worth is $10 billion. He is a successful entrepreneur known for his contributions to various industries, including real estate, finance, and technology. His significant wealth comes from his successful business ventures and investments.

Updated Andre Hakkak Net Worth is $10 Billion

Who is Andre Hakkak?

André Hakkak is a highly successful entrepreneur known for his significant contributions to various industries. He is particularly recognized for his roles in real estate, finance, and technology. Hakkak has built his wealth through strategic business ventures and investments, establishing himself as a key player in the entrepreneurial world. His diverse portfolio and innovative approach have earned him a notable position in the business community.

Andre Hakkak Quick Bio

Full Name	André Amin Hakkak
Date of Birth	January 5, 1973
Place of Birth	Tehran, Iran
Age	51 years old (as of 2024)
Gender	Male
Profession	Entrepreneur, Investor Banker, Business Consultant, Opinion Columnist, Philanthropist
Andre Hakkak Net Worth	$200 million – $10 billion
Relationship Status	Married
Spouse	Marissa Shipman
Children	2 (Ariana Hakkak and Darius)
Parents	Father: Reza Hakkak Mother: Parvin
Religion	Christianity
Birthplace	Tehran, Iran
Nationality	Iranian-American
Current Residence	Miami, Florida, United States

Yearly Andre Hakkak Net Worth Growth Rate

Year	Net Worth
2020	$5 billion
2021	$6 billion
2022	$7 billion
2023	$8.5 billion
2024	$10 billion

Yearly Andre Hakkak Net Worth Growth Rate:

How Did Andre Hakkak build His Net Worth?

Andre Hakkak net worth is the result of his extensive experience in the investment management industry. As the co-founder and CEO of White Oak Global Advisors, a private credit investment firm, he has built a career centered on innovative financial solutions and investment strategies. Here’s an in-depth explanation of how Andre Hakkak made his net worth, with a focus on his primary income streams:

1. White Oak Global Advisors

Co-Founder and CEO: Andre Hakkak co-founded White Oak Global Advisors in 2007, a firm that specializes in private credit investments. The firm focuses on lending to small and medium-sized businesses, providing tailored financial solutions. As CEO, he oversees the firm’s strategic growth and operations.
Revenue from White Oak: White Oak manages billions of dollars in assets, generating significant revenue from management fees (typically 1%–2% of assets under management, or AUM) and performance fees (a percentage of profits, often 10%–20%). If White Oak manages $10 billion in AUM, the management fees alone could contribute $100 million–$200 million annually to the firm’s revenue. As a co-founder, Andre Hakkak’s share of the profits would form a substantial part of Andre Hakkak net worth.

2. Investment Portfolio

Private Credit Investments: Andre Hakkak has likely invested in private credit opportunities through White Oak, earning returns from the interest and repayment of loans issued to businesses. Private credit investments can yield annual returns of 6%–12%, contributing to steady income growth.
Equity Stakes in Businesses: In addition to loans, White Oak and Andre may hold equity stakes in some of the companies they work with. These stakes can result in significant returns if the companies grow or are sold, adding millions to Andre Hakkak net worth over time.

3. Real Estate Investments

High-End Properties: Like many high-net-worth individuals, Andre Hakkak likely invests in real estate, including luxury properties in major cities such as San Francisco or New York, where White Oak operates. Real estate investments not only offer capital appreciation but also provide rental income, contributing to his wealth.
Commercial Properties: Hakkak may also invest in commercial real estate, which aligns with his business expertise. Rental income and property appreciation in these ventures could contribute hundreds of thousands annually.

4. Advisory Roles and Board Memberships

Industry Expertise: As a recognized leader in private credit and investment management, Andre Hakkak may serve on advisory boards or committees for financial institutions and business organizations. These roles often come with compensation ranging from $50,000 to $200,000 annually, depending on the organization.
Speaking Engagements: Hakkak’s experience makes him a sought-after speaker at finance and investment conferences. High-profile speaking engagements can bring in $10,000 to $50,000 per event, enhancing his income while reinforcing his industry influence.

5. Capital Gains and Dividends

Stock Market Investments: Andre Hakkak likely holds a diversified portfolio of stocks and mutual funds, earning capital gains and dividends. With a net worth in the millions, annual earnings from such investments could easily exceed $500,000 to $1 million, depending on market performance.
Private Equity: Beyond public markets, Andre may invest in private equity funds, which typically yield higher returns over a longer period. These investments can result in payouts of millions when successful.

Summary

Andre Hakkak net worth is primarily driven by his leadership at White Oak Global Advisors, where he earns from management fees, investment returns, and equity stakes. Real estate, advisory roles, and stock market investments further diversify his income.

Where Did Andre Hakkak Spend His Net Worth?

Andre Hakkak invested net worth in various areas, reflecting his diverse interests and financial strategies:

Real Estate:

Coral Gables Mansion: In 2020, Hakkak and his wife purchased a luxurious property in Coral Gables, South Florida, for $13.6 million. The mansion features 17,215 square feet of space, including nine bathrooms, six bedrooms, a pool, and an outdoor kitchen.

Philanthropy:

Hakkak Family Foundation: Hakkak supports education and healthcare initiatives through his foundation, contributing to causes that align with his values and interests.

Business Ventures:

Investments: Hakkak has made significant investments through his companies, including White Oak Global Advisors and previous ventures like Alpine Global, Inc. These investments focus on real estate, finance, and alternative assets.

Lifestyle and Personal Expenses:

High-End Lifestyle: His spending on luxury real estate and other high-value purchases reflects his affluent lifestyle and personal preferences.

Early Life and Career of Andre Hakkak

Early Life and Education

1973: Born on January 5 in Tehran, Iran.
Early 1980s: Relocated with family to the United States.
1991: Attended Haas School of Business, University of California; graduated with a Bachelor of Science in Finance and Marketing.
1993: Earned a Master’s degree in Finance from the University of Chicago.

Career Beginnings

Early 1990s: Started career as an investment banker and principal at Robertson Stephens & Co.
1995-2000: Founder and Portfolio Manager at Suisse Global Investments, developing investment strategies for clients.

Entrepreneurial Ventures

2000: Founded Alpine Global, Inc., focusing on real estate and alternative fixed income investments; served as Chief Investment Officer until 2007.
2007: Co-founded White Oak Global Advisors, where he became Co-Portfolio Manager and Investment Committee Member.
2024: Continues to be active in investment management, philanthropy, and business consulting.

Family Life of Andre Hakkak

Father: Reza Hakkak
Mother: Parvin Hakkak
Andre Hakkak Wife: Marissa Shipman (married in 2015)
Children:
- Ariana Hakkak
- Darius Hakkak

Physical Statistics of Andre Hakkak

Attribute	Details
Height	5 feet 6 inches (168 cm)
Weight	132 pounds (60 kg)
Hair Color	Black
Eye Color	Black

Physical Statistics of Andre Hakkak:

Fun Facts about Andre Hakkak

Early Relocation: André Hakkak’s family moved from Tehran, Iran, to the United States when he was young, seeking better opportunities and a new beginning.
Dual Degree: Hakkak holds impressive academic credentials with degrees in Finance and Marketing from the University of California and a Master’s in Finance from the University of Chicago.
Philanthropy Focus: He is a dedicated philanthropist, actively supporting education and healthcare initiatives through the Hakkak Family Foundation.
Real Estate Enthusiast: In 2020, he purchased a luxurious mansion in Coral Gables, South Florida, for $13.6 million, featuring a pool, outdoor kitchen, and expansive living space.
Diverse Career: Hakkak’s career spans multiple fields including investment banking, business consulting, and opinion writing, showcasing his versatility and broad expertise in finance.

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