Bruce Karsh Net Worth is$1.9 Billion
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Nationality: United States of America
Date of Birth: 1955-10-10
Place of Birth: United States of America
Bruce Karsh Net Worth: Bruce Karsh is an American lawyer and investor who has a net worth of $1.9 billion. Born on October 10, 1955 in the United States to a Jewish family, Karsh took his Bachelor's degree from Duke University in 1977 with the greatest honors. Next, he went on to obtain his J.D. from the University Of Virginia School Of Law, where he earned the academic award Order of the Coif. After he made a short stint at the University of Virginia as notes editor for the Virginia Law Review, he officially started his law career as an apartelle clerk to Supreme Court of the United States justice Anthony M. Kennedy. Subsequently, he served as assistant attorney at the law firm O'Melveny & Myers and a personal assistant to billionaire Eli Broad whose insurance company was a client of TCW Group. Later on, Karsh got hired by TCW's Howard Marks to manage distressed debt at the company. Also having spent some time serving as Managing Director of TCW and its affiliate TCW Asset Management Company, he united with Marks and four other employees at TCW to found their own asset management company, Oaktree Capital Management, in 1995. Thus, he became an active firm and portfolio manager for its distressed debt funds and the head of the Distressed Debt Team. After the company was taken public in April 2012, Karsh and Marks sold around $90 million worth of shares in a secondary offering in May. However, they still own 13% each of the firm, which has around $76 billion assets under management. In addition to the above, Karsh is the firm's president where Oaktree is the largest Tribune equity owner.
Bruce Karsh (born October 10, 1955) is an American lawyer and investor. In the early 1980s he was an appellate clerk to current Supreme Court of the United States justice Anthony M. Kennedy, and later worked at O'Melveny & Myers, Sun Life Insurance Company and the TCW Group. He co-founded Oaktree Capital Management in 1995, later becoming the firm's President and in the process becoming a billionaire. As of March 2013 according to Forbes magazine he has a net worth of $1.65 billion Karsh is the Chairman of the board of the Tribune company.


Bruce A. Karsh was born in 1955 to a Jewish family, the son of David H. Karsh, and Roberta ???Bobby??? Karsh. He earned an A.B. degree in economics from Duke University in 1977, where he graduated summa cum laude and was elected to Phi Beta Kappa. In 1980 he earned a J.D. from the University of Virginia School of Law, where he received the academic award Order of the Coif. While at the University of Virginia he served as notes editor for the Virginia Law Review.
Following law school Karsh served as an appellate clerk to current Supreme Court of the United States justice Anthony M. Kennedy. He went on to work as an attorney with the law firm O'Melveny & Myers, then served as an assistant to billionaire Eli Broad, who was then the chairman of Sun Life Insurance Company and SunAmerica.
In 1987, Broad's insurance company became a client of TCW Group. Shortly thereafter, Karsh was hired by Howard Marks to manage distressed debt at TCW. TCW's first distressed debt fund was started in 1988. He served as Managing Director of TCW and its affiliate TCW Asset Management Company as well, and helped liquidating the Special Credits Funds under agreements with TCW.
While still working at TCW in 1991, he became an independent director of Littlefuse, which he remained until 2007.
In April 1995, Karsh, Howard Marks, and four other employees at TCW left their firm to found Oaktree Capital Management. Karsh became an active fi

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Bruce Karsh Latest News

LA leaders draft Tribune's top shareholder to help with possible LA Times bid

And he's not in Chicago. Business and political leaders searching for a way to restore local leadership of the paper, which hasn't been run in Los Angeles for 15 years, have drawn Oaktree Capital Management Co-chairman Bruce Karsh into the campaign ...
Posted: September 17, 2015, 5:00 pm

Investor Bruce Karsh buys Ritz-Carlton

Although sale terms remain confidential, the Ritz-Carlton Hotel in Clayton has a new owner. Maritz, Wolff & Co., which had owned the luxury hotel since the 1990s, sold the property in late December, said Jeff Barone, vice president of asset management at ...
Posted: January 3, 2013, 4:38 pm

Bruce Karsh Stepping Down From Tribune Media Company Board of Directors

CHICAGO, Oct. 31, 2017 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) today announced that effective Oct. 26, 2017, Bruce Karsh, Chairman of the company's Board of Directors since 2013, stepped down from the position and resigned from the Board.
Posted: October 31, 2017, 1:41 pm
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