Andre Hakkak’s Astonishing Net Worth

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Andre Hakkak, co-founder and CEO of White Oak Global Advisors, has an estimated net worth ranging widely from $200 million. This variation is due to differing evaluations of his assets and investments. His wealth primarily stems from his successful career in finance and investment management.

Andre Hakkak Wiki & Quick Facts

  • Full Name: Andre Amin Hakkak
  • Date of Birth: January 5, 1973
  • Age: 51 years old (as of 2024)
  • Place of Birth: Tehran, Iran
  • Nationality: Iranian-American
  • Current Residence: Miami, Florida, USA
  • Height: 5’6″ (168 cm)
  • Weight: 132 lbs (60 kg)
  • Education: Bachelor’s degree in Finance and Marketing from the University of California, Berkeley; Master’s degree in Finance from the University of Chicago
  • Profession: Entrepreneur, investment banker, business consultant, opinion columnist, philanthropist
  • Notable Roles: Co-Founder and CEO of White Oak Global Advisors, LLC
  • Net Worth: Estimated between $200 million
  • Family: Married to Marissa Shipman; has two children, Ariana and Darius
Andre Hakkak and Marissa Shipman standing together and smiling.
Andre Hakkak and Marissa Shipman share a joyful moment.

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Andre Hakkak Assets & Lifestyles

Andre Hakkak is a prominent figure in the finance and investment industry, known for his significant contributions and impressive net worth. Here are some key details about his assets and lifestyle:

Net Worth

Andre Hakkak’s net worth is estimated to be around $200 million as of 2024. This substantial fortune comes from his successful career as an entrepreneur, investor banker, and business consultant.

Real Estate

Andre Hakkak, co-founder and CEO of White Oak Global Advisors, has been active in the real estate market. Recently, he and his wife, Marissa Shipman, sold their Coral Gables mansion for $27.5 million. This two-story house, located in the exclusive Gables Estates neighborhood, was initially purchased for $13.6 million in 2020.

Additionally, Hakkak set a record by purchasing a Pinecrest mansion for $14.3 million. This new property spans 10,500 square feet and includes seven bedrooms, 11 bathrooms, a pool, a gym, a theater, and a guest house.

Career and Businesses

Hakkak is the co-founder and CEO of White Oak Global Advisors, a global investment management firm with over $10 billion in assets. White Oak has financed over 20,000 small to medium-sized businesses (SMEs) and has deployed $24 billion of capital. He also founded Alpine Global and Suisse Global Investments.

Lifestyle and Assets

  • Residences: Hakkak resides in Miami, Florida, and likely owns multiple properties given his wealth.
  • Philanthropy: He is known for his philanthropic efforts, particularly in areas like solar energy financing and supporting plant-based plastic companies.
  • Personal Life: Hakkak is married to Marissa Shipman, and they have two children, Ariana and Darius.

Achievements

Hakkak has been a significant advocate for decreasing the global carbon footprint and has led various initiatives in alternative energy and healthcare solutions.

Andre Hakkak’s Early Life & Career

Early Life

Andre Hakkak was born in Tehran, Iran. From a young age, he was influenced by his parents, who were intellectuals with a deep love for learning. This environment fostered his early interest in finance and economics.

He pursued higher education at Oxford University and in New York City, eventually earning a B.S. with a degree in Finance and Marketing from the Haas School of Business at the University of California, Berkeley.

Career

Hakkak’s career in finance began with roles such as an Investment Banker at Robertson Stephens & Co., where he honed his skills in financial strategy and market insights. In 2007, he co-founded White Oak Global Advisors, a firm that provides adaptable finance solutions to small and medium-sized enterprises (SMEs). 

Under his guidance, White Oak has experienced substantial growth, overseeing more than $10 billion in assets and providing $24 billion in capital to over 20,000 small and medium-sized enterprises (SMEs).

Hakkak’s visionary approach and commitment to Environmental, Social, and Governance (ESG) principles have set him apart as a leader in the financial industry.

Andre Hakkak Personal Life & Family

  • Spouse: Andre Hakkak is married to Marissa Shipman, a successful entrepreneur and CEO of The Balm Cosmetics.
  • Children: The couple has two children, a son and a daughter.
  • Family Life: Andre and Marissa enjoy traveling, exploring new cultures, and spending quality time with their children. They balance their professional commitments with family life, emphasizing strong family values and mutual support.