Tom Barrack is an entrepreneur and investor from the United States. For the latter, he focuses on the private equity real estate market. He is best known as the founder, CEO and president of Colony NorthStar. It’s no secret that Barack and President Donald Trump are close friends. He was both an ally and a close friend to him. That explains a lot of his depiction of Trump. They are often seen on television news clips. This man also served as chairman of the Presidential Inauguration Committee.
Quick Info
| Famous name: | tom’s barracks |
|---|---|
| Real name/Full name: | Thomas J. Barrack, Jr. |
| Sex: | male |
| Year old: | 75 years old |
| Date of birth: | April 28, 1947 |
| Place of birth: | USA |
| Nationality: | American |
| Height: | 1.85 m |
| Weight: | 64kg |
| Sexual orientation: | Straight |
| Marital status: | Married |
| Spouse (Name): | Rachelle Barracks (d. 2014) |
| Children: | do not apply |
| Job: | American private equity real estate investor, founder and executive chairman of Colony Capital Inc. |
| Net worth in 2023: | 1.5 billion USD |
Biography of Tom Barrack
Thomas J. Barrack Jr. Birth name is Tom Barrack. His date of birth and place of birth are unknown. However, the year of birth was 1947 or 1948. There are no details about his parents or siblings. Only the fact that his grandparents were Lebanese immigrants.
Tom Barrack was educated at the University of Southern California. When he graduated in 1969, he received his bachelor’s degree. Then, in 1972, he received his Doctor of Laws from the Gould School of Law.
Tom Barrack Age, Height, Weight
Tom Barrack was born on April 28, 1947, as of 2023, he is 75 years old. He is 1.85 m tall and weighs 64 kg.
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Career
Tom Barrack began his legal career at the law firm of President Richard Nixon’s attorney, Herbert W. Kalmbach. He later worked for the Fluor Corporation in Saudi Arabia, where he studied Arabic and worked for the Arab princes. During the Reagan administration, he was Deputy Secretary of the United States Department of the Interior under James G. Watt.
He founded Colony Capital in 1990, with initial funding from Bass and GE Capital, followed by Eli Broad, Merrill Lynch and Koo Chen-fu. Tom Barrack currently has $540 million in dormant real estate in Germany, $200 million in the Middle East and $24 million in loans to photographer Annie Leibowitz.
Barrack is a trustee at the University of Southern California and a member of the College board of Pepperdine University. He has served on the boards of several companies, including First Republic Bank, Continental Airlines, Accor, Kerner, Megaworld Properties & Holdings and Korea First Bank.
Tom Barrack’s Achievements and Awards
He was named Chevalier de la Legion d’honneur by French President Nicolas Sarkozy.
Tom Barrack’s Net Worth in 2023
Tom Barrack has a net worth of over $1.5 billion as of April 2023. His Colonial Capital currently manages more than $25 billion in a portfolio of properties, including Atlantis, the international hotel chain. Asia’s Fairmont Raffles Hotels, Resorts International Holdings and One & Only Resorts.
As of September 2011, he is the 833th richest person in the world and the 375th richest person in the United States, with an estimated fortune of $1.1 billion. It is a pity that he is no longer a billionaire in 2014. Capital of Tom’s Colony In October 2017, he invested in The Weinstein Company, a film production company. In the face of allegations of sexual misconduct by Harvey Weinstein, The Weinstein Company must keep Colony Capital alive. Tom previously owned shares in Miramax, the predecessor studio of the Weinstein brothers.
Tom Barrack is a great man with powerful allies. He is one of the closest friends of US President Donald Trump. The two met in the 1980s while negotiating the Plaza Hotel deal. He endorsed Donald Trump for president in 2016 thanks to their friendship and he is a major fundraiser for Trump’s campaign through the “Rebuild America Now” super PAC. He was a senior adviser on the Trump campaign and was the chairman of his inaugural committee.
Tom Barrack Wife, Marriage
He married Rachelle Barrack in 2014.
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Categories: Biography