American billionaire, businessman and hedge fund manager Marc Lasry has an estimated net worth of $1.4 billion according to Forbes. Marc is certainly one of the creators of Avenue Capital Group where he now serves as the Chief Executive Officer.
Marc Lasry Net Worth $1.4 Billion
Growing up in West Hartford, Connecticut, Marc Lasry attended Clark University where he completed his BA in History in 1981 and in 1984, he received his J.D.from New York Law School. Together with his sister Sonia Gardner, Marc Lasry founded Amroc Investments in 1989 and Avenue Capital Group in 1995. With $7 million capital, the siblings also founded Avenue Capital Group in 1995. In recent times, they were able to expand the group’s business in Asia and Europe.
After leaving Angel & Frankel, he started working for R.D. Smith which is now known as Smith Vasillou Management, as the company’s director of the private debt department. He then worked for Cowen & Company as Co-Manager of the Insolvency and Corporate reorganization Department.