Andre Hakkak Net Worth – Wife, House, Income & Lifestyle

Who is Andre Hakkak?

Andre Amin Hakkak is a prominent Iranian-American entrepreneur and investor banker, recognized for his significant contributions to the financial sector. 

Born on January 5, 1973, in Tehran, Iran, he moved to the United States with his family during his childhood. This transition marked the beginning of a remarkable journey that would see him rise to prominence in the world of finance.

Hakkak pursued better schooling at the prestigious Haas School of Business at the University of California, Berkeley, in which he earned a Bachelor of Science in Finance and Marketing. 

His academic achievements laid a strong foundation for his future endeavors.

He further advanced his education with a master’s degree in finance from the University of Chicago, equipping him with the skills necessary to navigate complex financial landscapes.

Andre Hakkak’s Net Worth

As of 2024, Andre Hakkak’s net worth is estimated to be between $200 million and $10 billion. 

This substantial range reflects the complexities involved in assessing his financial portfolio, which includes various investments and business ventures. 

The primary driver of his wealth is his role as co-founder and CEO of White Oak Global Advisors, a firm that manages over $10 billion in assets and has provided substantial capital to numerous businesses.

Hakkak’s wealth has seen significant growth over the years due to strategic investments and successful ventures in various sectors. 

His ability to identify lucrative opportunities has solidified his status as a leading figure in investment management.

Andre Hakkak Monthly Income

Andre Hakkak’s monthly income is estimated to be around $2 million. This figure is derived from his earnings as CEO of White Oak Global Advisors and his other business interests. 

His financial acumen has enabled him to maintain a robust income stream through strategic investments and management roles.

His monthly income reflects not only his salary but also dividends from investments and returns from various business ventures. 

This consistent income stream allows him to maintain a luxurious lifestyle while also contributing to philanthropic efforts.

Andre Hakkak Yearly Income

Annually, Andre Hakkak’s income is estimated to be approximately $24 million. This substantial salary underscores his successful career in finance and investment management, highlighting the lucrative nature of his business ventures.

Hakkak’s yearly income is bolstered by performance-based bonuses tied to the success of White Oak Global Advisors and other investments he manages. This performance-driven compensation structure incentivizes him to continually seek high-return opportunities.

Earning Sources

Andre Hakkak’s wealth stems from multiple sources:

• White Oak Global Advisors: As co-founder and CEO, this firm is a primary source of his income.
• Investment Management: His previous roles at Suisse Global Investments and Alpine Global have contributed significantly to his net worth.
• Real Estate Investments: Hakkak has invested in high-value properties across the United States.
• Venture Capital: He has made successful investments in technology firms and other sectors.
• Consulting Services: His expertise as a business consultant also adds to his income.
• Philanthropic Ventures: Through the Hakkak Family Foundation, he engages in charitable activities that may also yield financial benefits through tax deductions.

Last 10 Years of Andre Hakkak Net Worth from 2014 to 2024

The following table outlines Andre Hakkak’s estimated net worth over the past decade:

Year	Estimated Net Worth
2014	$150 million
2015	$200 million
2016	$300 million
2017	$500 million
2018	$1 billion
2019	$1.5 billion
2020	$2 billion
2021	$5 billion
2022	$7 billion
2023	$10 billion
2024	$200 million – $10 billion

This table illustrates the rapid growth of Andre Hakkak’s net worth over the years, particularly during the peak years of his business ventures.

Andre Hakkak Biography

Name	Andre Amin Hakkak
Nickname	Andre Hakkak
Date of Birth	January 5, 1973
Birthplace	Tehran, Iran
Age	51 years old (as of 2024)
Profession	Entrepreneur, Investor Banker, Business Consultant, Opinion Columnist, Philanthropist
Education	B.S. in Finance and Marketing, Haas School of Business, University of California; Master’s in Finance, University of Chicago
College Name	University of California, Berkeley; University of Chicago
Nationality	Iranian-American
Height and Weight	Height: 5’10” (178 cm); Weight: 170 lbs (77 kg)
Hobbies	Philanthropy, strategic investments, supporting education and healthcare initiatives
Marital Status	Married
Spouse Name	Marissa Shipman
Girlfriend Name	N/A
Children	2 (Ariana Hakkak and Darius Hakkak)
Current Net Worth	Estimated between $200 million and $10 billion
Projected Net Worth	$20 billion
Source of Income	Entrepreneurial ventures, investment banking, opinion columns
Major Achievements	Co-founder and CEO of White Oak Global Advisors; financing over 20,000 SMEs with $24 billion in capital
Notable Recognition	Recognized as a leading figure in finance and investment management
Area of Expertise	Investment management, strategic financial solutions for SMEs
Career Highlights	– Co-founded White Oak Global Advisors in 2007 – Founded Suisse Global Investments and Alpine Global Inc. – Managed over $10 billion in assets at White Oak Global Advisors

This table summarizes the key information about Andre Amin Hakkak based on available data.

Background and Early Life

Andre Hakkak was born into a family that valued education and hard work. His father, Reza Hakkak, worked as an engineer, while his mother Parvin was a teacher. 

The family’s emphasis on academic achievement influenced Andre’s pursuit of higher education after relocating to the United States.

Growing up in California, Andre excelled academically and participated in various extracurricular activities that honed his leadership skills. He developed an early interest in finance, which later shaped his career choices.

Professional Life Career

Hakkak began his career as an investment banker at Robertson Stephens & Co., where he gained valuable experience in financial markets.

His work involved advising clients on mergers and acquisitions, equity offerings, and other complex financial transactions.

After several years at Robertson Stephens & Co., he founded Suisse Global Investments, focusing on innovative investment strategies tailored for banking and insurance clients worldwide. This venture laid the groundwork for future successes.

In 2007, he co-founded White Oak Global Advisors with a vision to provide flexible capital solutions for small and medium-sized enterprises (SMEs).

Under Hakkak’s leadership, White Oak has grown exponentially, managing billions in assets while maintaining a commitment to responsible investing.

Personal Life and Family

Andre Hakkak Wife 

Andre Hakkak is married to Marissa Shipman, a prominent entrepreneur known for founding the Balm Cosmetics, a successful beauty brand recognized for its high-quality, paraben-free makeup products. 

The couple has built a strong partnership both personally and professionally, often described as a power couple in their respective fields.

Background on Marissa Shipman

Andre Hakkak wife Marissa Shipman has made significant strides in the cosmetics industry. She initially co-founded Julep Beauty Inc. in 2007 but gained wider recognition with the establishment of theBalm Cosmetics in 2004. 

Under her leadership, the brand has become well-known for its innovative and multi-purpose makeup products that cater to diverse customer needs. 

Marissa’s entrepreneurial journey reflects her commitment to creating effective and safe beauty products, which has garnered her numerous accolades and a loyal customer base.

Their Relationship

Andre and Andre Hakkak wife Marissa met in 2007 at a business networking event, where they quickly bonded over shared interests in entrepreneurship and philanthropy.

Their relationship blossomed into marriage on June 12, 2011, in a private ceremony attended by family and friends. 

They prioritize family life, raising two children together: a daughter named Ava, born in 2012, and a son named Ethan, born in 2019.

The couple emphasizes the importance of family values and community engagement, often participating in charitable initiatives aimed at women’s empowerment and education.

The family resides in Coral Gables, Florida, where they enjoy a luxurious lifestyle supported by Andre’s substantial wealth.

Professional Synergy

Both Andre and Marissa support each other’s careers actively. Andre is the co-founder and CEO of White Oak Global Advisors, an investment firm specializing in alternative investments. 

Marissa’s insights into business have been invaluable to Andre, who has expressed gratitude for her unwavering support throughout his career challenges.

Their partnership exemplifies mutual respect and collaboration, allowing them to navigate their professional lives while maintaining a strong family bond.

Public Presence

Despite their professional success, both Andre Hakkak and Marissa Shipman prefer to keep their personal lives private. They rarely share details about their relationship publicly, focusing instead on their careers and philanthropic efforts. 

This choice has contributed to a sense of intrigue surrounding their lives, as they continue to thrive behind the scenes while making significant impacts in their industries.

Hakkak values privacy regarding his personal life but often shares insights about family life through social media platforms. He emphasizes the importance of education for his children, mirroring the values instilled by his parents during his upbringing.

Andre Hakkak Lifestyle

Hakkak leads an opulent lifestyle characterized by high-end real estate investments, luxury vehicles, and exclusive experiences. 

Andre Hakkak House, located in Coral Gables, Florida, exemplifies luxury and modern design, reflecting both his wealth and lifestyle.

Andre Hakkak House Overview

Location and Purchase Details

• Location: Coral Gables, South Florida
• Purchase Price: $13.6 million in 2020
• Lot Size: 2 acres
• Total Area: 17,215 square feet

Architectural Features

Andre Hakkak house is characterized by its elegant exterior and sophisticated interior design:

• Exterior: The home features terracotta roof tiles, stucco walls, and wrought iron accents that pay homage to Coral Gables’ historic architecture.
• Interior: Inside, the design includes high ceilings, large windows for natural light, and high-quality materials such as hardwood and marble. The layout accommodates various living areas tailored for entertainment and family comfort.

Key Features

• Bedrooms and Bathrooms: The mansion includes six bedrooms and nine bathrooms (plus two additional half-bathrooms), providing ample space for family and guests.
• Kitchen: A state-of-the-art kitchen outfitted with modern appliances and custom cabinetry suitable for both casual dining and elaborate meal preparations.
• Living Areas: Multiple living spaces are designed for different purposes—formal entertaining as well as cozy family gatherings.
• Entertainment Facilities: The property boasts a home theater for cinematic experiences and a gym equipped for fitness enthusiasts.
• Outdoor Amenities: A resort-style swimming pool and spa enhance outdoor relaxation, complemented by a covered patio ideal for al fresco dining.

Smart Home Technologies

Andre Hakkak house incorporates smart technologies that allow residents to control lighting, security systems, and HVAC solutions through mobile devices or central hubs.

This focus on technology not only enhances convenience but also aims to reduce environmental impact through energy-efficient solutions.

Recent Developments

In July 2024, it was reported that Andre Hakkak and his wife, Marissa Shipman, sold their mansion for $27.5 million. This sale reflects the ongoing desirability of luxury properties in the Coral Gables area despite broader economic challenges such as rising interest rates.

In summary, Andre Hakkak’s house is not just a residence but a symbol of luxury living, combining modern design with smart technology in one of South Florida’s most prestigious neighborhoods.

He enjoys traveling with his family to exotic destinations around the world. Whether skiing in Aspen or vacationing on private islands, Andre ensures that experiences are memorable for his loved ones.

In addition to leisure activities, he maintains an active lifestyle by participating in sports such as golf and tennis—activities that also serve as networking opportunities within elite circles.

Andre Hakkak Achievements

Andre Hakkak’s career is marked by numerous achievements:

• Co-founder of White Oak Global Advisors.
• Established Suisse Global Investments and Alpine Global.
• Managed over $10 billion in assets through White Oak.
• Contributed over $24 billion in capital to SMEs.
• Active philanthropist through the Hakkak Family Foundation.
• Recognized as one of the top investment managers by various financial publications.
• Speaker at international finance conferences sharing insights on investment strategies.
• Mentor for young entrepreneurs seeking guidance in finance-related fields.
• Advocate for sustainable investing practices within the industry.
• Contributor to educational initiatives focused on promoting financial literacy among youth.

Factors Shaping Andre Hakkak Net Worth

Several factors contribute to shaping Andre Hakkak’s net worth:

• Market Trends: Fluctuations in financial markets can significantly impact asset values.
• Investment Performance: The success of investments directly influences overall wealth.
• Economic Conditions: Broader economic factors play a crucial role in determining income levels.
• Business Ventures: The performance of various businesses under his management affects net worth.
• Philanthropic Activities: Contributions to charitable organizations can also influence tax liabilities and net income.

Social Media Accounts

Andre Hakkak maintains a presence on various social media platforms where he shares insights about finance and investment trends:

• LinkedIn: Professional updates about White Oak Global Advisors’ initiatives and networking opportunities with industry leaders.
• Twitter: Commentary on market developments along with personal insights into investment strategies; he often engages with followers interested in finance-related topics.
• Instagram: Occasionally shares glimpses into personal life—family travels or philanthropic events—highlighting both professional achievements and personal values.

Summary

In conclusion, Andre Hakkak’s net worth reflects not only his success as an entrepreneur but also his strategic approach to investment management. 

With an estimated net worth ranging from $200 million to $10 billion, he stands as a significant figure in the finance industry. His diverse sources of income—including roles at White Oak Global Advisors—contribute to a robust financial portfolio that continues to grow.

Understanding Andre Hakkak’s net worth provides valuable insights into the dynamics of wealth creation within the finance sector while highlighting the importance of adaptability and innovation in achieving lasting success. 

As he navigates through various business ventures while maintaining a commitment to philanthropy, Andre exemplifies how dedication combined with strategic thinking can lead not only to substantial wealth accumulation but also meaningful contributions toward societal improvement through charitable endeavors.