Andre Hakkak Net Worth – Financial Tycoon, Businesses, Bio

Andre Hakkak net worth is $10 billion. His wealth comes from his successful career in finance and investments. As the CEO of White Oak Global Advisors, he has led the firm to great achievements, including raising $1.3 billion in private funds and deploying over $1 billion in capital in 2023. 

Hakkak has also made smart investments in various tech startups, such as companies in the fintech and biotech sectors. Additionally, he co-founded other firms like Suisse Global Investments and Alpine Global. 

Hakkak invests his income in commercial and residential real estate, owning luxury properties in cities like New York and Paris. He also supports education and healthcare through charitable donations. Overall, his net worth reflects his hard work and expertise in the investment industry.

Andre Hakkak Bio:

Andre Hakkak Net Worth

Andre Hakkak net worth is $10 billion. His wealth largely comes from his role as the CEO of White Oak Global Advisors. This investment firm has grown significantly under his leadership, adding to his financial success.

Hakkak’s investments extend beyond White Oak, including early stakes in tech startups, fintech, and biotech companies. 

His diverse portfolio also includes real estate, with properties in major cities like New York and Paris. Additionally, Hakkak’s stock market holdings and consulting roles contribute to his impressive net worth. Through his strategic investments and business ventures, he has built a substantial fortune.

How Andre Hakkak Collects His Wealth?

Andre Hakkak generates income through his successful real estate investments and development projects, focusing on various commercial properties. Let’s discuss the specifics of his income sources.

1. White Oak Global Advisors

In 2007, Andre Hakkak teamed up with Barbara J.S. McKee to start a new investment management firm called White Oak Global Advisors. From the beginning, Hakkak’s leadership helped the firm grow rapidly. White Oak Global Advisors focuses on providing financial solutions to businesses. 

By 2021, the firm successfully raised $1.3 billion in private funds. This funding allowed them to support over 20,000 small and medium-sized enterprises (SMEs). In total, they have provided $24 billion in capital to these businesses.

Hakkak’s vision and strategy have made White Oak a key player in the investment management industry.

2. Investment Strategies

Andre Hakkak has developed strong investment strategies over time. He invests in early-stage companies with high growth potential. His focus includes tech startups, particularly in fintech and biotech.

These investments have contributed to his wealth over the years. His strategy is based on identifying long-term growth opportunities. In 2000, he also established another venture Apline Global Inc.,

3. Market Trends

Hakkak’s net worth is impacted by market trends and valuations. The value of his assets and investments shifts with the market.

Economic factors play a role in determining his financial standing. He keeps a close eye on these trends to manage his investments. This awareness helps him maintain and grow his wealth.

4. Tech Entrepreneur

Andre Hakkak is also an active investor in emerging technologies. He funds companies working on innovative tech solutions. This interest in technology aligns with his background in investment.

His role as a tech entrepreneur has brought him success. Hakkak’s focus on future technologies contributes to his diverse portfolio.

5. Founder of Multiple Startups

Andre Hakkak has founded several startups in his career. These companies have added to his overall wealth. Each startup has been an opportunity for growth and learning. His entrepreneurial spirit has shaped his career path. Founding new companies allows him to explore different industries.

6. Opinion Columnist

Hakkak is an opinion columnist for CEOWORLD Magazine. In 2021, he shared his views on leadership in the post-pandemic world.

His articles focus on business and leadership insights. Writing for the magazine builds his public profile. His columns provide practical advice based on his experiences.

Where Andre Hakkak spend his income?

Andre Hakkak invests in new real estate ventures, contributes to charitable causes, and supports community development projects. Let’s discuss the details of his spending habits.

1. Real Estate Investments

Andre Hakkak invests heavily in real estate. His portfolio includes commercial properties for business use. He also holds residential rentals for a steady income. Hakkak has invested in development projects that expand his holdings.

He owns international properties, diversifying his real estate investments.

2. Stock Market and Securities

Hakkak invests in the stock market for additional income. His portfolio includes stocks, bonds, and other securities. These investments offer him a steady income stream. He likely chooses stocks with long-term growth potential. This diversified portfolio supports his financial stability.

3. Charitable Donations

Hakkak donates to causes that support community development. He gives to educational programs to improve access to learning. Healthcare is another area he supports through donations.

Economic development initiatives also benefit from his contributions. His donations reflect his commitment to social impact.

4. Luxury Properties

Hakkak owns several luxury properties worldwide. He has homes in Silicon Valley and New York. Paris is another city where he holds a luxury property. These properties reflect his high-end lifestyle. They also add to his investment portfolio’s value.

5. Andre Hakkak house

Hakkak and his wife owned a house in Coral Gables, South Florida. The house was valued at $13.6 million in 2020. Recently, they sold their Gables Estates mansion. The sale price was a notable $28 million. This property was one of their valuable assets.

6. Speaking Engagements and Consulting

Hakkak speaks at business events as an expert. His engagements allow him to share his financial insights. Consulting is another area where he earns additional income. His advice is sought after due to his investment knowledge. Both speaking and consulting enhance his public profile.

7. Book Royalties and Intellectual Property

Hakkak earns royalties from books he has authored. His intellectual property contributes to his income. These works share his expertise with a wider audience. Royalties provide him with a passive income stream. His publications reinforce his authority in finance and business.

8. Founding Other Companies

Hakkak founded Suisse Global Investments to grow his financial ventures. He started Alpine Global in 2007, a successful investment business. Both companies contribute to his financial achievements.

His role in these firms reflects his entrepreneurial skills. Founding new companies has strengthened his wealth and influence.

Who is Andre Hakkak?

Andre Hakkak is an American entrepreneur and financial expert. He is the co-founder and CEO of White Oak Global Advisors. This investment firm focuses on providing financial solutions to support business growth.

Hakkak is known for his experience in investment strategies, especially in the tech, fintech, and biotech sectors. He has invested in many successful startups and emerging technologies. 

His career includes founding multiple companies, such as Suisse Global Investments and Alpine Global. Hakkak is also an opinion columnist for CEOWORLD Magazine. He shares insights on leadership and the economy. His work and investments have built him a significant fortune and a strong reputation in finance.

Early Life of Andre Hakkak

Andre Hakkak was born on January 5, 1973, in Tehran, Iran. As of 2024, he is 51 years old. His zodiac sign is Capricorn, reflecting his disciplined and ambitious nature. Hakkak has Iranian-American nationality and identifies with his Iranian heritage. 

He was raised by his parents, Reza and Parvin Hakkak. Later in life, he moved to the United States and now resides in Miami, Florida.

Hakkak practices Christianity, which guides his personal values and beliefs. His background and early experiences have influenced his journey as a successful entrepreneur and investor in America.

Andre Hakkak’s Career

Andre Hakkak has established a notable career in real estate, focusing on investment and development across various sectors. Let’s discuss the key milestones and achievements in his professional journey.

• Early Career: Began his career in finance after completing his education in Finance and Marketing.
• Investment Management: In 2007, partnered with Barbara J.S. McKee to co-found White Oak Global Advisors, an investment management firm.
• CEO Role: Currently serves as the Chief Executive Officer of White Oak Global Advisors, overseeing its strategic direction and growth.
• Fundraising Success: Led the firm in raising $1.3 billion in private funds by 2021, demonstrating strong financial management skills.
• Support for SMEs: Under his leadership, White Oak has provided $24 billion in capital to over 20,000 small and medium-sized enterprises (SMEs).
• Tech Investments: Actively invested in early-stage tech startups, focusing on sectors like fintech and biotech.
• Entrepreneurship: Founded multiple companies, including Suisse Global Investments and Alpine Global, expanding his influence in the finance industry.
• Thought Leadership: Contributes as an opinion columnist for CEOWORLD Magazine, sharing insights on leadership and business trends.
• Public Speaking: Engages in speaking events to share his expertise in finance and investment strategies.

Andre Hakkak’s Education

Andre Hakkak started his higher education at the University of California, Berkeley. He joined the Haas School of Business to study Finance and Marketing. After hard work and dedication, he graduated with a Bachelor of Science degree in these subjects. 

Hakkak then decided to further his education in Finance. He went on to the University of Chicago, where he completed a Master’s degree in Finance. His studies in these top schools helped him gain the skills and knowledge he needed for his career in finance and business.

Andre Hakkak Wife:

Andre Hakkak shares his life with his wife, Marissa Shipman. Marissa is an entrepreneur and the founder of Balm Cosmetics, a well-known brand based in San Francisco. Their love story began in 2012 when they met at a tech convention. This meeting sparked a connection that led them to marry in 2015. 

Together, they have built a family with two children named Ariana and Darius Hakkak. As a family, they cherish their time together and support each other’s endeavors. Andre balances his busy career in finance with his commitment to family life.

He finds joy in parenting and values the moments spent with Marissa and their children. This strong family bond is an important part of his life outside of work.

Andre Hakkak Kids:

Andre Hakkak is the proud father of two children, Ariana Hakkak and Darius Hakkak. He and his wife, Marissa Shipman, enjoy raising their kids together. Family life is important to Hakkak, and he values the time spent with his children. 

They often create memorable experiences as a family, balancing their busy lives with moments of togetherness. Hakkak’s commitment to his family is evident in his dedication to being an active and supportive parent.

Andre Hakkak Physical Statistics:

Andre Hakkak is known for his tall stature and fit physique, which reflect his active lifestyle. Let’s discuss some details about his physical attributes.

Andre Social Media Accounts Details:

Let’s discuss the platforms andre uses. 

Andre Hakkak LinkedIn

Andre Hakkak does not have a LinkedIn account. There is no profile for him on this professional networking platform. He has chosen not to use LinkedIn for his career connections.

Therefore, there are no updates or information about his work available there. His professional achievements remain unshared on this platform.

Andre Hakkak Instagram

Andre Hakkak does not have an Instagram account. He has opted not to use this social media platform. As a result, there are no personal or family photos shared with the public. There are no glimpses into his life available on Instagram. His presence on social media is minimal or nonexistent.

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FAQs

Q. Who is the CEO of White Oak Global Advisors?

The CEO of White Oak Global Advisors is Andre Hakkak. He leads the firm with a focus on innovative investment strategies and client service.

Q. Where does Andre Hakkak live?

Andre Hakkak currently resides in Miami, Florida. He also owns luxury properties in cities like New York and Paris. His real estate investments reflect his successful career in finance.

Q. Does Andre Hakkak have any children?

Yes, Andre Hakkak has two children, Ariana and Darius Hakkak. He values family life and enjoys spending time with his kids. His wife, Marissa Shipman, is also an entrepreneur.

Q. Is Andre Hakkak active on social media?

No, Andre Hakkak is not active on social media. He does not have accounts on platforms like LinkedIn or Instagram. He prefers to keep his personal life private.