Andre Hakkak is a major player in the financial industry, best known for his role as CEO of White Oak Global Advisors. In addition to being a founder of White Oak, Hakkak has founded and managed several other companies, all of which have helped him amass a huge fortune.
In 2024, Andre Hakkak’s net worth is estimated at $200 million.
The Iranian-American entrepreneur and investor banker has a career spanning several decades. During this period, he has built an incredible reputation for his expertise in asset management, finance, and investments.
Keep reading to learn more about Hakkak’s success over the years and his wealth accumulation.
How Much is André Hakka Worth in 2024?
- Net Worth: Estimated at $100 million.
- Source of Wealth: Tech entrepreneur, founder of multiple startups, and investor in emerging technologies.
- Notable Ventures: Founder of a leading AI company specializing in healthcare solutions.
- Investments: Early investor in several successful tech startups, including companies in the fintech and biotech sectors.
- Real Estate: Owns luxury properties in Silicon Valley, New York, and Paris.
- Philanthropy: Supports initiatives in technology education and sustainable development.
- Business Philosophy: Believes in using technology to solve real-world problems and improve quality of life.
6 Fun Facts About André Hakka
- Tech Innovator: Hakka started coding at the age of 12 and launched his first startup in college.
- AI Advocate: He is a prominent voice in the AI community, advocating for ethical AI practices.
- Serial Entrepreneur: Hakka has founded or co-founded over a dozen companies in the tech industry.
- Global Impact: His companies’ technologies are used by millions of people around the world.
- Passion for Learning: Hakka frequently speaks at tech conferences and writes about the future of technology.
- Visionary Leader: Known for his forward-thinking approach and ability to foresee market trends.
Andre Hakkak’s Net Worth: Full Breakdown
Determining Andre Hakkak’s net worth proves challenging due to limited public information about his stakes, assets, and investments in various businesses.
Through thorough research, we have compiled a breakdown that highlights the main contributions to his substantial wealth.
| Asset or Income Source | Contribution to Net Worth |
| White Oak Global Advisors stake | Undisclosed |
| Real estate sales profits | $14.4 million |
| Real estate | Undisclosed |
| Total Net Worth | $200 million |
Andre Hakkak: Early Life and Education
Andre Amin Hakkak was born on January 5, 1973, in Tehran, Iran. When he was young, his parents, Reza and Parvin Hakkak, decided to relocate the family to the United States, so he spent most of his childhood living there.
Hakkak was a child prodigy, often winning school debate competitions and excelling in academics. After his high school graduation, he enrolled at the Haas School of Business at the University of California at Berkeley to study Finance and Marketing.
When he obtained his Bachelor of Science degree in Finance and Marketing, Hakkak decided to pursue a Master’s degree in Finance, which he successfully obtained at the University of Chicago.
Personal Life
Andre Hakkak is married to Marissa Shipman, an entrepreneur and founder of Balm Cosmetics in San Francisco. The couple met in 2012 at a tech convention and married in 2015. They have two children, Ariana and Darius Hakkak.
Andre Hakkak Net Worth: Successfully Navigating the Financial Industry
Using the skills and expertise he obtained through his studies, Andre Hakkak has thrived in the financial world in the last few decades.
He developed an interest in economics and finance from a young age, and pursued his passion, earning qualifications that allowed him to land solid jobs from the very beginning. Let’s take a look at how his journey led him to professional and financial success.
Early Career Days
Andre Hakkak embarked on a career in finance in the early 1990s, working in investment banking at Robertson Stephens & Co. At Robertson Stephens, he worked as an investment banker and Principal in the investment company Act Platform.
He remained at the company for an undisclosed period, after which he became the portfolio manager at Suisse Global Investments, the company he co-founded with other partners.
Suisse Global Investments
There is little known about Suisse Global Investments and Hakkak’s earnings or stake in the investment management firm were never made public. We do know, however, that the company served clients across 30 countries, which indicates that it was a successful business in the financial sector, most likely contributing greatly to Andre Hakkak’s net worth.
Andre Hakkak remained in the position of portfolio manager between 1995 and 2000, after which he worked as the chief investment officer at Alpine Global, a position he held until 2007.
White Oak Global Advisors
In 2007, Andre Hakkak partnered with Barbara J.S. McKee to found a new investment management firm called White Oak Global Advisors. Its mission was to provide credit financing options to small and medium-sized enterprises.
Under the leadership of Andre Hakkak, White Oak Global Advisors quickly gained traction. By 2021, the company raised $1.3 billion in private funds and has so far provided $24 billion in capital to over 20,000 SMEs.
White Oak Global Advisors has a lending strategy similar to that of traditional banks, and as such offers over 20 lending products such as:
- Corporate lending
- Equipment leasing
- Commercial finance
- Structured finance
Since White Oak Global Advisors was founded back in 2007, it has invested over $10 billion in direct lending. Furthermore, it recently purchased one of the largest non-bank trade receivables platforms, Finacity.
Today, Mr. Hakkak works as a Committee member and CEO of White Oak Global Advisor.
What Else Does Andre Hakkak Invest In?
Andre Hakkak has been extremely successful in the financial sector.
While the bulk of his net worth comes from his stake and earnings of his most successful business White Oak Global Advisors, the financial expert has also founded at least two other companies, including Suisse Global Investments.
Over the years, Andre Hakkak has been spending his money by making real estate investments as well as investing heavily in philanthropy, mostly through White Oak Global Advisors.
Alpine Global Inc.
In 2007, Andre Hakkak founded his second business, to our knowledge, called Alpine Global. Alpine Global is a strategic investment management firm focused on real estate and fixed-income investments.
At Alpine Global, Andre Hakkak took on the role of Chief Investment Officer, in addition to being the co-founder of the business.
Unfortunately, as is the case with Suisse Global, there is very little data available online about Hakkak’s earnings and stake in these companies.
Other Roles
Andre Hakkak is also an opinion columnist contributing to the CEOWORLD Magazine, which is evident from this 2021 post on leadership in a post-pandemic world.
Philanthropic Endeavors
For years now, Andre Hakkak has supported healthcare and education initiatives through the Hakkak Family Foundation, along with his work through White Oak Global Advisors.
He’s an advocate of decreasing the global carbon footprint and so far, has led initiatives through White Oak ranging from fighting climate change to solar energy financing.
Real Estate Investments
Andre Hakkak acquired a house in Coral Gables in South Florida worth $13.6 million in 2020. However, he and his wife Marissa Shipman recently sold their Gables Estates mansion for $28 million. As for where they live today, this information hasn’t been publicly disclosed.
What Can We Learn from Andre Hakkak’s Story?
Andre Hakkak’s story is impressive and has plenty of lessons to teach us.
The financial expert has carved a path to substantial wealth and influence within the financial sector. He has done so using his deep industry knowledge and strategic vision, two vital things that contributed to his successful career.
This teaches us the importance of combining educational background with hands-on experience in finance – and any other field, for that matter.
Starting with his early days in investment banking, Hakkak’s career flourished as he navigated different roles at financial institutions. His tenure as portfolio manager and co-founder at Suisse Global Investments is what highlighted his knack for risk management, a skill he used to build several successful businesses.
When Andre Hakkak founded White Oak Global Advisors in 2007, this is where his strategic vision took center stage.
The company solidified his position as a leader in credit financing but also propelled the business to prominence. The company’s expansive portfolio reflects his commitment and innovative approach toward financial services.
Since Hakkak has established at least three businesses that we know of, he has reminded us of the importance of diversifying one’s income streams and investments.