M ichael Arougheti is an American private equity executive and a co-founder of Ares Management Corporation, a major global alternative investment manager. After a career in investment banking, he co-founded Ares in 1997 with Antony Ressler, John H. Kissick, and Bennett Rosenthal. The firm started with a focus on credit investments, including high-yield bonds and distressed debt, and has since grown into a massive, diversified asset manager.
As a co-founder, CEO, and President of Ares, Arougheti has been a key architect of the firm's strategy and expansion. Ares now manages hundreds of billions of dollars across a wide range of asset classes, including private equity, private credit, real estate, and infrastructure. The company went public on the New York Stock Exchange in 2014, and its subsequent growth and strong performance have been the primary driver of Arougheti's billionaire status, which is based on his large ownership stake in the firm he helped create.
Advertisement
Michael J. Arougheti is an American businessman, the self-made billionaire Co-founder, CEO, and President of Ares Management Corporation (NYSE: ARES), a major global alternative asset manager specializing in credit, private equity, and real estate. His career is rooted in elite finance, investment banking, and distressed asset management.
Arougheti graduated from Princeton University (1993) and held high-level roles at Royal Bank of Canada and Kidder Peabody. His philosophical approach centers on integrated credit strategies, disciplined capital allocation, and long-term asset hold in the high-yield private markets.
Michael Arougheti co-founded Ares Management in 1997 (with Tony Ressler and David Kaplan), recognizing the immense, untapped potential of the credit market for institutional investors. His structural contribution is immense: pioneering the integrated credit strategy that allowed Ares to become a dominant force in direct lending, syndicated loans, and distressed debt.
The company successfully executed its IPO on the NYSE in 2014. He assumed the role of CEO and President in 2021. His wealth is secured by his long-term equity stake in the publicly traded company and the colossal, long-term, superior returns generated by Ares's credit-focused strategies.
Advertisement
Graduates from Princeton University (Academic Achievement).
Co-founds Ares Management Corporation (Founding).
Ares Management executes its successful IPO on the NYSE (Financial Milestone).
Assumes the role of CEO and President (Executive Apex).
Continues as Co-founder, CEO, and President, guiding the global financial giant (Executive Oversight).
Michael Arougheti's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded financial giant, Ares Management Corporation (NYSE: ARES).
Advertisement
Michael Arougheti's social impact is structural, stemming from Ares Management's role in providing essential private credit and capital to corporations globally, supporting economic growth and job creation. His personal philanthropy supports various educational and community initiatives (serving as a Trustee of the Lincoln Center for the Performing Arts).
His structural contribution is tied to his belief in disciplined investment and his influential role in the global private credit sector.
Michael Arougheti maintains the professional, composed style of a financial executive. His attire is consistently bespoke, favoring dark, tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global asset management sector.
Residing in Los Angeles, California, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, corporate governance, and private credit specialization.
Advertisement
No publicly available quotes.
Advertisement
+0.1% | +$1.48M
-0.02% | -$1.62M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
Sponsored Content