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Andre Hakkak Net Worth in 2024: Founding White Oak Global Earns $200 Million

Renowned in the financial sector mostly for his leadership of White Oak Global Advisors, Andre Hakkak is Apart from starting White Oak, Hakkak has started and run several additional businesses, all of which have contributed significantly to his enormous wealth building.

Andre Hakkak’s net value in 2024 is projected to be $200 million.

The Iranian-American investor banker has had a career spanning multiple decades. Over this time, he has developed an amazing profile for his investing, finance, and asset management knowledge.

Read on to discover more about Hakkak’s wealth-building and historical accomplishments.

In 2024, André Hakka is worth how much?

• Net Worth: $100 million, approximated.
• Source of Wealth: Several times IT entrepreneur, startup founder, investor in developing technologies.
• Notable Ventures: Founder of a top artificial intelligence business with an eye toward healthcare solutions
• Early investor in multiple successful tech businesses, including biotech and financial companies.
• Owns expensive homes in Paris, New York, and Silicon Valley, California.
• Philanthropy: Back projects in sustainable development and technological education.
• Believes in applying technology to address practical issues and raise the standard of living.

Six Fun Facts About André Hakka

• Hakka began programming at the age of twelve and founded his first startup during college.
• A prominent member of the AI community, he advocates ethical artificial intelligence methods.
• Hakka is a serial entrepreneur, having started or co-founded more than a dozen tech businesses.
• Millions of people throughout the world depend on the technologies developed by his enterprises.
• Hakka regularly writes on the future of technology and speaks at tech conferences out of a love of learning.
• Visionary Leader: Renowned for his ahead-looking attitude and market trend foresight.

The net worth of Andre Hakkak: a complete breakdown

Finding Andre Hakkak’s net worth is difficult since little public data about his interests, assets, or involvement in several companies exists. Using extensive investigation, we have created a breakdown emphasizing his primary contributions to his great wealth.

Six Fun Facts About André Hakka

• Hakka began programming at the age of twelve and founded his first startup during college.
• A prominent member of the AI community, he advocates ethical artificial intelligence methods.
• Hakka is a serial entrepreneur having started or co-founded more than a dozen tech businesses.
• Millions of people throughout the world depend on the technologies developed by his enterprises.
• Hakka regularly writes on the future of technology and speaks at tech conferences out of a love of learning.
• Visionary Leader: Renowned for his ahead-looking attitude and market trend foresight.

Updated News and Debates for Andre Hakkak

Lawsuit Against White Oak Global Advisors: Andre Hakkak co-founded White Oak Global Advisors, which in 2024 was sued for claims of fraud and violation of fiduciary obligation. According to the lawsuit, by putting its own needs first rather than those of the investors, the company caused financial losses for its customers. Should these claims be validated, the company’s standing in the financial sector could be seriously tarnished.

Legal problems notwithstanding, White Oak Global Advisors had a great year in 2023, investing about $1 billion in funds. The company keeps growing and provides mid-sized companies with adaptable financial solutions, especially when conventional banks cut back on lending in response to regulatory demands.

Andre Hakkak is well-known for his leadership in the alternative investing market, especially for his work at White Oak. Under his direction, the company has grown to be a major participant in private credit solutions for companies and handled billions of dollars in assets.

Early Years and Learning

January 5, 1973, Andre Amin Hakkak was born in Tehran, Iran. He spent most of his young years living in the United States as his parents, Reza and Parvin Hakkak, decided to move the family there.

Young genius Hakkak excelled academically and regularly won school debate contests. He enrolled in the Haas School of Business at the University of California in Berkeley to study Finance and Marketing following his high school graduation.

Hakkak chose to seek a Master’s degree in Finance after earning his Bachelor of Science degree in Marketing and Finance, and he was able to do so at the University of Chicago.

Personal Life

Andre Hakkak married Balm Cosmetics’ San Francisco entrepreneur and founder, Marissa Shipman. The pair married in 2015 following their 2012 meeting at a tech conference. Ariana and Darius Hakkak are the two offspring of them.

Andre Hakkak Net Worth: Negotiating the Financial Sector Successfully

Andre Hakkak has flourished in the financial industry in the past few years using the knowledge and abilities he gained from his education.

From a young age, he became fascinated with money and economics; he followed his passion and obtained credentials that would enable him to start a decent job right away. Let’s examine how his path brought him both financial and career success.

Early Work Days

Early in the 1990s, Andre Hakkak started a career in finance, working with Robertson Stephens & Co. in investment banking. Working as an investment banker and Principal in the investment business Act Platform at Robertson Stephens, he

After an unknown length of time, he stayed at the business until becoming the portfolio manager at Suisse Global Investments, the business he co-founded with other partners.

Suisse Global Enterprises

Suisse Global Investments and Hakkak’s earnings or share in the investment management company were never made public, hence little is known about them. The company did, however, service clients in thirty different nations, which suggests that it was a profitable financial sector enterprise most certainly contributing significantly to Andre Hakkak’s net worth.

Between 1995 and 2000, Andre Hakkak stayed in the role of portfolio manager; thereafter, he served as the chief investment officer at Alpine Global, a post he held until 2007.

White Oak Global Consulting

Andre Hakkak teamed with Barbara J.S. McKee in 2007 to create White Oak Global Advisors, a new investment management company. Its goal was to give businesses, small and medium-sized, especially credit financing choices.

White Oak Global Advisors became well-known under Andre Hakkak’s direction rather rapidly. The company raised $1.3 billion in private finance by 2021 and has thus far given over 20,000 SMEs $24 billion.

Like conventional banks, White Oak Global Advisors has a lending policy and, as such, provides over twenty lending products, White Oak Global Advisors has committed over $10 billion in direct lending since its founding back in 2007. Moreover, they acquired Finacity, one of the biggest non-bank trade receivables systems.

Corporate Borrowing

• Leased machinery
• Business Finance
• Structured lending

Andre Hakkak also invests in what else?

Andre Hakkak has had quite a success in the finance industry.

Although his net worth mostly stems from his investments and profits from his most successful company, White Oak Global Advisors, the financial guru has also started at least two other companies, including Suisse Global Investments.

Andre Hakkak has been using his money over the years to make real estate ventures in addition to heavily donating, largely through White Oak Global Advisors.

Alpine Global Inc.

Andre Hakkak launched his second company, to our knowledge, Alpine Global, in 2007. With an eye toward real estate and fixed-income assets, Alpine Global is a strategic investment management company.

Apart from being the co-founder of Alpine Global, Andre Hakkak assumed the post of Chief Investment Officer at the company. Sadly, like with Suisse Global, very little information on Hakkak’s income and ownership in these businesses is readily available online.

Different Positions

From this 2021 piece on leadership in a post-pandemic society, Andre Hakkak is also an opinion contributor for CEOWORLD Magazine.

Humanitarian Projects

Along with his work through White Oak Global Advisors, Andre Hakkak has long sponsored healthcare and educational projects through the Hakkak Family Foundation.

Advocates of lowering the world’s carbon footprint, he has guided White Oak projects ranging from solar energy funding to combat climate change.

Property Investments

In 2020, Andre Hakkak bought a house in Coral Gables in South Florida valued at $13.6 million. But he and his wife Marissa Shipman just sold their Gables Estates property for $28 million. Regarding where they live now, this information has not been made public.

From the life of Andre Hakkak, what lessons might we pick?

The amazing narrative of Andre Hakkak offers plenty of valuable lessons for us.

Within the financial industry, the financial guru has created a road towards great riches and influence. He has done this with great industry expertise and strategic vision—two essential skills that helped to define his successful career.

This emphasizes the need to combine hands-on experience in finance—and any other field—with educational knowledge in all spheres.

Beginning his early years in investment banking, Hakkak’s career blossomed as he negotiated several positions at financial companies. His time as co-founder and portfolio manager of Suisse Global Investments brought attention to his natural ability for risk management, a talent he applied to create multiple profitable companies.

Andre Hakkak’s strategic vision gained front stage when he started White Oak Global Advisors in 2007.

The company confirmed his leadership in credit financing and helped the company to become well-known as well. The broad range of the organization displays his dedication and creative approach toward financial services. Hakkak has reminded us of the need to spread one’s income sources and investments, as he has founded at least three companies that we know of.