Michael Arougheti

$1.83 B

Ranked #2210 in World

About Michael Arougheti

Ares Management Corporation, established in 1997 by co-founders Antony Ressler, Michael Arougheti, David Kaplan, John H. Kissick, and Bennett Rosenthal, has emerged as a pivotal force in global alternative investments, specializing in credit, private equity, and real estate across North America, Europe, and Asia. With a robust portfolio managing assets worth approximately $295 billion as of September 2021 and a dedicated workforce of 1,500 employees, Ares has solidified its presence as a leading entity in the finance industry. The firm's strategic acquisitions, including American Capital in 2017 and Black Creek Group’s U.S. real estate business in 2021, alongside its initial public offering on the New York Stock Exchange in 2014, underscore its expansive growth. Ares operates through divisions like Ares Credit Group, Ares Private Equity Group, Ares Real Estate Group, and Ares SSG, highlighting its diversified investment strategy and strong market position in private debt and equity sectors.

Born

October 10, 1972

Age

53 years

Source Of Wealth

Finance

Industries

Finance & Investments

Citizenship

United States

Residence

Nyack, New York

Education

Bachelor of Arts, Yale University

Antony Ressler was born on January 1, 1960, in New York City, United States. He grew up in a Jewish family and attended the prestigious Horace Mann School in the Bronx. From an early age, Ressler showed a keen interest in business and finance.

Michael Arougheti: Family

Antony Ressler is married to Denise Ressler, a prominent businesswoman and philanthropist. The couple has three children together. Ressler is also the stepfather of two children from his wife's previous marriage.

Michael Arougheti: Career Highlights

Antony Ressler's career in finance began in the early 1980s when he joined the investment banking firm Donaldson, Lufkin & Jenrette. He quickly rose through the ranks and became a managing director at the firm. In 1997, Ressler co-founded Ares Management Corporation, a global alternative investment manager. Under his leadership, Ares Management has grown into one of the largest alternative investment firms in the world.

Michael Arougheti: Companies

Antony Ressler is the co-founder and CEO of Ares Management Corporation. He is also the chairman of the board of directors of Ares Capital Corporation, a publicly traded business development company. Ressler is also involved in several other companies, including the Atlanta Hawks basketball team and the Madison Square Garden Company.

Michael Arougheti: Major Achievements

Antony Ressler has achieved significant success in his career in finance. He is credited with building Ares Management Corporation into one of the most successful alternative investment firms in the world. Ressler has also been recognized for his philanthropic efforts, particularly his support of education and healthcare initiatives.

Michael Arougheti: Awards & Achievements

Antony Ressler has received numerous awards and accolades for his contributions to the financial industry. He was named "Private Equity CEO of the Year" by Private Equity International in 2019. Ressler has also been recognized by Forbes magazine as one of the "World's Billionaires."

Michael Arougheti: Personal Life & Legacy

Antony Ressler is known for his dedication to his work and his commitment to philanthropy.

He is also a passionate sports fan and owns the Atlanta Hawks basketball team. Ressler is a respected figure in the financial industry and is considered one of the most successful alternative investment managers in the world.

Michael Arougheti: Trivia

Antony Ressler is a licensed pilot and enjoys flying his own plane. He is also an avid art collector and has a collection of contemporary art.

Wealth History

Timeline

1997

Ares Management Corporation is founded by Antony Ressler, Michael Arougheti, David Kaplan, John H. Kissick, and Bennett Rosenthal.

2007

Abu Dhabi Investment Authority acquires a minority interest in Ares Management Corporation.

2014

Ares Management Corporation completes its initial public offering and is listed on the New York Stock Exchange.

2017

Ares Management Corporation acquires American Capital.

2020

Ares Management Corporation acquires SSG Capital Management, which now operates as Ares SSG.

2021

Ares Management Corporation completes the acquisition of Black Creek Group's U.S. real estate investment advisory and distribution business.

Michael Arougheti : FAQs

What is Michael Arougheti's current net worth?

Michael Arougheti's current net worth is $1.83 billion.

What is Michael Arougheti's current global rank among billionaires?

Michael Arougheti holds the 2210th position globally among billionaires.

What is Michael Arougheti's current ranking within the United States?

Michael Arougheti holds the 716th position in United States.

What was the change in Michael Arougheti's net worth compared to the previous year?

Michael Arougheti's net worth decreased by 347.95 million dollars compared to the previous year 2025, when his net worth was 2.17 billion dollars.

What is the recent change in Michael Arougheti's net worth?

Michael Arougheti's net worth decreased by 23.11 million dollars recently, a 1.26% decrease, with his net worth standing at 1.83 billion dollars.

What are Michael Arougheti's main sources of wealth?

Michael Arougheti's main source of income comes from Finance.

In which industry does Michael Arougheti primarily operate?

Michael Arougheti is primarily involved in the Finance & Investments industry.

What is Michael Arougheti educational background?

Michael Arougheti holds a Bachelor of Arts from Yale University.

How old is Michael Arougheti?

Michael Arougheti is 53 years old.

What types of investments does Ares Management Corporation specialize in?

Ares Management Corporation specializes in global alternative investments, including credit, private equity, and real estate markets.

When was Ares Management Corporation founded and where are its offices located?

Founded in 1997, Ares Management Corporation has offices across North America, Europe, and Asia.

How much does Ares Management Corporation manage in assets as of September 2021?

As of September 2021, Ares Management Corporation manages approximately $295 billion in assets.

Can you name some key acquisitions and milestones in the history of Ares Management Corporation?

Key milestones include acquiring American Capital in 2017, SSG Capital Management in 2020 (now Ares SSG), and Black Creek Group's real estate advisory business in 2021. The company also went public in 2014, listed on the New York Stock Exchange.

What are the business units within Ares Management Corporation and their focuses?

Ares Management operates through four business units: Ares Credit Group (manages liquid and illiquid credit), Ares Private Equity Group (focuses on investments in under-capitalized middle market companies), Ares Real Estate Group (manages equity and debt investments in real estate assets), and Ares SSG (focuses on credit, private equity, and special situations investments in the Asia-Pacific region).