What is Michael Arougheti Net Worth in 2024?

According to Forbes, Michael Arougheti is estimated to have a net worth of $1.8 Billion.  He currently holds the positions of CEO and President.

Who is Michael Arougheti?

As of 2024, Michael Arougheti, has an estimated net worth of $1.8 Billion.

Michael Arougheti,  whose full name is Michael J. Arougheti. Arougheti’s journey displays his exceptional strategic intelligence, outstanding leadership abilities, and unwavering dedication to fostering innovation in the financial industry. He holds positions on the firm’s Management Committee and the Ares Executive Management Committee. In addition, he fulfils his duties as the CEO, President, Director, and Co-Founder of Ares Management.

In addition to his roles as Co-Chairman of Ares Capital Corporation (NASDAQ: ARCC) and director of Ares Commercial Real Estate Corporation (NYSE: ACRE), Mr. Arougheti serves on the Ares Credit Group’s U.S. Direct Lending Investment Committee and Ares Equity Income Opportunity Strategy Portfolio Review Committee.

Arougheti has played a pivotal part in the expansion and triumph of Ares Management, a company that focuses on various investment methods such as private equity, credit, and real estate.

Mr. Arougheti began working at the Royal Bank of Canada in October 2001 after leaving his position as a Principal and Investment Committee member at Indosuez Capital. In that role, he created, organised, and completed high-risk transactions involving various financial products and asset categories.

Education

He enrolled at Georgetown University and earned a Bachelor of Arts degree. Subsequently, he pursued a Juris Doctor from Columbia Law School.

FAQs

Q. How much worth is Michael Arougheti?
As of 2024, Michael Arougheti has an estimated net worth of $1.8 Billion.
Q. How old is Michael Arougheti?
He is 60 years old.
Q. Is Michael Arougheti, a married man?
Yes, he is married, but information about his personal life is unavailable.