Thomas Barrack Net Worth $1 Billion
He is best recognized as the creator, CEO and Chairman ofColony Capitalwhich is now based in Santa Monica California. After graduation, he started working forHerbert W. Kalmbach’s law firm. After being a principal in the Robert M. BassGroup, he founded the Colony Capital. Eventually, the principal received investment from GE Capital, Bass Guitar, Eli Broad,Koo Chen-fuandMerrill Lynch. He has previously served on the board of directors of Kerner, Accor, Continental Airlines,Megaworld Properties & Holdings, Korea First Bank, and First Republic Bank.
Now, the principal’s Capital is managing more than $25 billion portfolios of assets such as Asia’s Fairmont Raffles Hotels Internationalhotel chain, Atlantis,One&Only Resorts, andResorts International Holdings. Thomas J. Barrack Jr. is now married with four kids.