$2.4 billion
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Karsh, 70, is co-chairman of Brookfield Oaktree Holdings, a downtown-based private equity firm where he also serves as chief investment officer. He’s one of the original co-founders of Oaktree Capital Group, and they sold a 61% stake of the firm to Brookfield Asset Management Inc. In March 2024, the firm officially changed its name. Brookfield Oaktree currently manages more than $200 billion in assets as of this year, a 5.3% rise from $190 billion in assets under management in 2024.Charitable giving: Karsh and his wife Martha, an attorney, run the Karsh Family Foundation, donating hundreds of millions of dollars to fund education. He also funded the Karsh Institute of Democracy at the University of Virginia – his alma mater. In December, Beverly Grove-based Cedars-Sinai Health Systems received a $35 million gift from the family foundation to advance care and research in interventional cardiology. Sports stake: Karsh is also a minority owner of the Golden State Warriors and the MLS’ Los Angeles Football Club. Real estate: He sold a Beverly Crest mansion for $38 million in 2023, and in the same year, acquired a Holmby Hills home for $29.5 million.
