Andre Hakkak is a prominent figure in the finance and investment industry, recognized as the co-founder and CEO of White Oak Global Advisors. His strategic vision and innovative approach to private credit and asset management have positioned him as a key player in the financial world. As of now, Andre Hakkak’s estimated net worth is approximately $250 million (Approximately £195 million).
Andre Hakkak Early Life and Education
Andre Hakkak was born on January 5, 1973, in Tehran, Iran, and immigrated to the United States with his family during his childhood. Raised in a middle-class household, he showed an early aptitude for business and finance. Hakkak pursued higher education at the University of California, Berkeley, earning a Bachelor of Science in Economics. He furthered his studies with a Master’s degree in Finance from the University of Chicago, equipping him with the analytical and strategic skills that would define his career.
Andre Hakkak Career
Hakkak’s career began in the early 1990s with entry-level roles in financial services, including a position at Sanwa Bank in the credit department, where he earned approximately $45,000–$60,000 annually. His early experience in credit analysis and risk assessment laid a strong foundation. He later joined Robertson Stephens & Co. as an investment banker, gaining expertise in equity research and high-growth industries. By the early 2000s, Hakkak had advanced to Managing Director at KBC Financial Products, overseeing structured credit products and earning an estimated $300,000–$500,000 annually.
In 2000, Hakkak founded Alpine Global, Inc., a strategic investment firm focused on real estate and alternative fixed-income strategies, where he served as Chief Investment Officer. This venture marked a significant step in his career, emphasizing diversified portfolios and long-term value creation. However, his most pivotal achievement came in 2007 when he co-founded White Oak Global Advisors with Barbara McKee. The firm specializes in providing customized financing solutions to small and medium-sized enterprises (SMEs), filling a gap left by traditional lenders, particularly during the 2008–2009 financial crisis. Under Hakkak’s leadership, White Oak has grown to manage over $10 billion in assets and has provided $24 billion in capital to more than 20,000 SMEs.
Andre Hakkak Earnings
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White Oak Global Advisors: As co-founder and CEO, Hakkak earns a substantial salary, performance-based bonuses, and carried interest from the firm’s investment funds. His annual compensation is estimated at $8–$12 million, driven by White Oak’s management of over $10 billion in assets.
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Real Estate Investments: Hakkak’s real estate portfolio includes luxury properties, such as a $14 million mansion in Coral Gables, Florida, and properties in San Francisco and New York valued at approximately $50 million collectively. These generate passive income through rentals and appreciation.
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Diversified Investments: Hakkak has investments in technology startups, private equity, and public markets, contributing to his wealth through dividends, capital gains, and high-return ventures.
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Consulting and Speaking Engagements: His expertise in finance makes him a sought-after speaker at industry conferences, adding to his income through fees.
Andre Hakkak Lifestyle
Andre Hakkak leads a luxurious yet relatively private lifestyle, balancing professional commitments with personal interests. He resides in a 17,215-square-foot mansion in Coral Gables’ Gables Estates, purchased for $13.6–$14 million. The estate features seven bedrooms, eleven bathrooms, a swimming pool, and advanced smart technology, reflecting his taste for opulence. Hakkak also owns high-end vehicles, including a Tesla Model S, Range Rover, and vintage Porsche 911. His hobbies include traveling to destinations like Europe, the Maldives, and Japan, often via private jet, as well as hiking, cycling, and tennis. He maintains a healthy lifestyle with a balanced diet, regular gym sessions, yoga, and meditation.
Hakkak is married to Marissa Shipman, a successful entrepreneur and founder of theBalm Cosmetics. The couple, married since 2015, has two children, Ariana and Darius, and balances their demanding careers with family life. Hakkak’s reserved public image focuses on professionalism rather than flashy displays of wealth, aligning with his reputation as a strategic and understated financier.
Andre Hakkak Personal Life
Andre Hakkak, co-founder and CEO of White Oak Global Advisors, maintains a relatively private personal life. He is married to Marissa Shipman, founder and CEO of the cruelty-free cosmetics brand theBalm Cosmetics. The couple, who wed in 2015, has two children: a daughter named Ariana and a son named Darius.
Despite their high-profile careers, the Hakkaks prioritize their family life and value privacy. They have been known to travel together, enjoying family vacations that help them stay grounded and motivated.
Beyond his professional achievements, Andre is passionate about various hobbies, including hiking, photography, cooking particularly Italian cuisine playing the guitar, and traveling. He has visited over 50 countries, finding inspiration and relaxation through these experiences.
The Hakkaks also have a strong commitment to philanthropy. They support numerous causes, focusing on education, healthcare, and community development. Through their charitable efforts, they aim to make a positive impact on society.
Andre Hakkak Assets
Hakkak’s asset portfolio is diverse and significant:
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Real Estate: Key properties include the Coral Gables mansion ($14 million), a San Francisco mansion ($20 million), and a Manhattan apartment ($10 million). Additional investment properties in major financial centers contribute to his wealth.
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Financial Investments: His stakes in White Oak Global Advisors, tech startups, and private equity deals form a substantial portion of his assets.
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Luxury Goods: Hakkak owns luxury cars and possibly art collections or exclusive club memberships, though details are speculative due to his private nature.
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FAQs
What is Andre Hakkak’s net worth in 2025?
Andre Hakkak’s net worth is estimated to be around $250 million.
What is Andre Hakkak’s net worth in 2024?
Andre Hakkak’s net worth is estimated to be around $200 million.
What is Andre Hakkak’s net worth in 2023?
Andre Hakkak’s net worth is estimated to be around $220 million.
How did Andre Hakkak build his wealth?
Hakkak amassed his wealth through his leadership at White Oak Global Advisors, real estate investments, diversified portfolios in technology and private equity, and consulting/speaking engagements.
What is White Oak Global Advisors?
White Oak Global Advisors is a private credit and investment firm co-founded by Hakkak in 2007, specializing in customized financing for SMEs. It manages over $10 billion in assets and has provided $24 billion to over 20,000 businesses.
What properties does Andre Hakkak own?
Hakkak owns a $14 million mansion in Coral Gables, Florida, a $20 million mansion in San Francisco, and a $10 million apartment in Manhattan, among other investment properties.
Is Andre Hakkak involved in philanthropy?
Yes, through the Hakkak Family Foundation, he supports education, healthcare, and social welfare, with notable donations to the Make-A-Wish Foundation and the American Cancer Society.
