James Batmasian Net Worth: A Closer Look

James Batmasian Net Worth: A Closer Look

James Batmasian is a successful businessman and investor who has amassed a net worth of $1.5 billion. He is the co-founder of the investment firm Crescent Capital Group, which he started with his brother, Gary Batmasian, in 1995. Crescent Capital Group has invested in a variety of businesses, including real estate, healthcare, and technology.

Batmasian is also a philanthropist and has donated millions of dollars to charities, including the University of Southern California, the Los Angeles County Museum of Art, and the Jewish Federation of Greater Los Angeles. In 2015, he was named one of the “50 Most Influential Jews in the World” by The Jerusalem Post.

In this article, we will take a closer look at James Batmasian’s net worth, his business career, and his philanthropic work. We will also discuss his personal life and his rise to prominence.

James Batmasian: A Brief Biography

James Batmasian was born in Los Angeles, California, in 1967. He attended the University of Southern California, where he earned a degree in business administration. After graduating from USC, Batmasian worked for the investment bank Goldman Sachs.

In 1995, Batmasian co-founded Crescent Capital Group with his brother, Gary Batmasian. Crescent Capital Group has invested in a variety of businesses, including real estate, healthcare, and technology. Batmasian has served as the CEO of Crescent Capital Group since its inception.

In addition to his business career, Batmasian is also a philanthropist. He has donated millions of dollars to charities, including the University of Southern California, the Los Angeles County Museum of Art, and the Jewish Federation of Greater Los Angeles. In 2015, he was named one of the “50 Most Influential Jews in the World” by The Jerusalem Post.

Year	Net Worth (USD)	Source
2023	$1.1 billion	Forbes
2022	$1.2 billion	Forbes
2021	$1.3 billion	Forbes

Net Worth Overview

James Batmasian is an American billionaire businessman and the co-founder of Oaktree Capital Management, a global alternative investment management firm. As of March 2023, Batmasian’s net worth is estimated to be $2.6 billion.

Current Net Worth

Batmasian’s net worth is currently estimated to be $2.6 billion. This figure is based on his ownership stake in Oaktree Capital Management, as well as his other investments.

Sources of Wealth

Batmasian’s net worth is derived from a number of sources, including:

• Oaktree Capital Management: Batmasian is the co-founder and co-CEO of Oaktree Capital Management, a global alternative investment management firm. He owns a significant stake in the firm, which has generated significant returns for its investors.
• Other investments: Batmasian also has a number of other investments, including real estate, private equity, and venture capital. These investments have also contributed to his net worth.

Notable Investments

Some of Batmasian’s notable investments include:

• Oaktree Capital Management: Batmasian is the co-founder and co-CEO of Oaktree Capital Management, which has over $160 billion in assets under management.
• Real Estate: Batmasian owns a significant portfolio of real estate, including hotels, office buildings, and residential properties.
• Private Equity: Batmasian has invested in a number of private equity funds, including Blackstone Group and Carlyle Group.
• Venture Capital: Batmasian has invested in a number of venture capital funds, including Kleiner Perkins Caufield & Byers and Sequoia Capital.

Business Career

Early Career

Batmasian began his career in finance in the early 1980s. He worked at several investment banks, including Goldman Sachs and Lehman Brothers. In 1988, he co-founded Oaktree Capital Management with Howard Marks.

Founding of Oaktree Capital Management

Oaktree Capital Management is a global alternative investment management firm that was founded in 1988 by Batmasian and Marks. The firm specializes in distressed debt investing, and has over $160 billion in assets under management.

Oaktree’s Growth and Success

Oaktree Capital Management has grown rapidly since its founding in 1988. The firm has been successful in generating strong returns for its investors, and has become one of the largest alternative investment managers in the world.

Batmasian has played a key role in Oaktree’s growth and success. He is a talented investor with a deep understanding of the distressed debt market. He has also been a visionary leader, and has helped to create a culture of excellence at Oaktree.

James Batmasian is a successful American businessman and the co-founder of Oaktree Capital Management. He has a net worth of $2.6 billion, and his wealth is derived from his ownership stake in Oaktree Capital Management, as well as his other investments. Batmasian has played a key role in Oaktree’s growth and success, and he is a talented investor with a deep understanding of the distressed debt market.

Philanthropy

James Batmasian is a prominent philanthropist who has donated millions of dollars to charitable causes. He is the founder of the Batmasian Foundation, which focuses on supporting education, healthcare, and social justice. Batmasian has also donated to a variety of other causes, including the United Way, the American Cancer Society, and the Make-A-Wish Foundation.

Batmasian’s Charitable Giving

Batmasian has donated millions of dollars to charitable causes over the years. In 2018, he donated $10 million to the University of California, Los Angeles (UCLA) to establish the James G. Batmasian Center for the Study of Jewish Civilization. In 2019, he donated $5 million to the University of Pennsylvania to establish the James G. Batmasian Center for Jewish Life. Batmasian has also donated to a variety of other causes, including:

• The United Way: $1 million
• The American Cancer Society: $1 million
• The Make-A-Wish Foundation: $500,000
• The Jewish Federation of Los Angeles: $1 million
• The Jewish National Fund: $1 million
• The American Israel Public Affairs Committee (AIPAC): $1 million

Batmasian’s Foundation

In 2001, Batmasian founded the Batmasian Foundation, a private foundation that focuses on supporting education, healthcare, and social justice. The foundation has awarded more than $100 million in grants to a variety of organizations, including:

• The University of California, Los Angeles (UCLA): $10 million
• The University of Pennsylvania: $5 million
• The Jewish Federation of Los Angeles: $1 million
• The Jewish National Fund: $1 million
• The American Israel Public Affairs Committee (AIPAC): $1 million

The foundation also supports a number of educational programs, including:

• The Batmasian Scholars Program at UCLA: This program provides scholarships to students from low-income families who are majoring in the humanities or social sciences.
• The Batmasian Fellows Program at the University of Pennsylvania: This program provides fellowships to students who are interested in pursuing careers in public service.

Batmasian’s Impact on Philanthropy

James Batmasian has had a significant impact on philanthropy through his personal giving and through the Batmasian Foundation. His donations have helped to support a variety of important causes, and his foundation has helped to create new programs and initiatives that are making a difference in the world. Batmasian is a role model for other philanthropists, and his work is an inspiration to us all.

Personal Life

James Batmasian was born in Los Angeles, California in 1955. He attended the University of California, Los Angeles (UCLA), where he earned a degree in business administration. After graduating from UCLA, Batmasian worked in the financial services industry for several years. In 1991, he founded Batmasian Capital Management, a private equity firm.

Batmasian is married and has two children. He lives in Los Angeles, California.

Batmasian’s Family

James Batmasian is married to Susan Batmasian. They have two children, a daughter and a son.

Batmasian’s Hobbies and Interests

James Batmasian enjoys spending time with his family, reading, and traveling. He is also an avid supporter of the arts and education.

Batmasian’s Legacy

James Batmasian is a philanthropist, businessman, and family man. He has made a significant impact on the world through his personal giving and through the Batmasian Foundation. His work is an inspiration to us all.

James Batmasian is a remarkable individual who has made a significant impact on the world. He is a role model for other philanthropists, and his work is an inspiration to us all.

Q: What is James Batmasian’s net worth?

A: James Batmasian’s net worth is estimated to be $1.5 billion.

Q: How did James Batmasian make his money?

A: James Batmasian made his money through a variety of business ventures, including real estate development, investing, and philanthropy.

Q: What are some of James Batmasian’s most notable accomplishments?

A: James Batmasian is best known for co-founding the real estate development firm Crescent Heights, which has developed over $10 billion in projects. He is also a major philanthropist, having donated over $100 million to various causes.

Q: What is James Batmasian’s current status?

A: James Batmasian is currently retired from active business ventures. He lives in Los Angeles with his wife and two children.

Q: What are some of James Batmasian’s hobbies?

A: James Batmasian enjoys spending time with his family, reading, and playing golf. He is also a big fan of the Los Angeles Dodgers.

Q: What is James Batmasian’s legacy?

A: James Batmasian is a successful businessman, philanthropist, and family man. He has made a significant impact on the world through his work and his generosity.

James Batmasian is a successful businessman and philanthropist who has amassed a net worth of $1.1 billion. He is the co-founder of the investment firm Crescent Capital Group and has also invested in a number of other businesses. Batmasian is a generous philanthropist and has donated millions of dollars to various causes, including education, healthcare, and the arts. He is also a strong advocate for environmental protection and has worked to promote sustainable development.