If you’ve been curious about the world of finance and luxury real estate, you’ve probably heard the name Andre Hakkak. This article will take you on a deep dive into Andre Hakkak’s net worth, his impressive career, and his wife Marissa Shipman. From co-founding a successful financial firm to setting records in the real estate market, Andre Hakkak’s story is one of ambition and achievement. Let’s get started!
About Andre Hakkak
Andre Hakkak is a well know name in the finance industry. He is the co-founder and CEO of White Oak Global Advisors, a San Francisco-based financial firm that lends to small and mid-sized businesses. His journey in finance started much earlier, and his accomplishments are extensive.
Mr. Hakkak has served as co-portfolio manager and Investment Committee member of White Oak since 2007. Prior to this, he was the Founder and Chief Investment Officer of Alpine Global, Inc., a multi-strategy investment management firm focusing on alternative fixed income and real estate investments. He also founded and managed Suisse Global Investments, an investment management firm that created investment strategies for bank and insurance clients in over 30 countries.
His career began at Robertson Stephens & Co., where he served as an Investment Banker and Principal in its Investment Company Act platform. Andre has also been a co-founder and board member of several institutional platforms that facilitate the distribution of structured investment products, and has served as a limited partner, general partner, or board member of various investment funds and companies. He holds a B.S. in Finance and Marketing from the Haas School of Business at the University of California at Berkeley and has held Series 7, 63, and 24 designations from FINRA since 1991.
Andre Hakkak’s Wife: Marissa Shipman
Andre Hakkak’s wife, Marissa Shipman, is an accomplished entrepreneur in her own right. She is the founder and CEO of theBalm Cosmetics, a beauty firm based in Reno, Nevada. Marissa’s journey to success is inspiring. Born in New York City and a graduate of Tulane University, she moved to San Francisco, where she now resides with her family.
Marissa founded theBalm Cosmetics 15 years ago during a transitional period in her life. After working in television production, she decided to change careers and venture into the cosmetics industry. Despite initial setbacks in securing a job, she didn’t give up. Instead, she created her own path by developing a simple lip balm recipe. Today, theBalm is a renowned brand available in over 100 countries worldwide.
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Andre Hakkak’s Net Worth
Andre Hakkak’s net worth is a topic of interest, especially considering his successful career in finance and his ventures into the real estate market. While exact figures are not publicly disclosed, it is evident that his net worth is substantial. His recent real estate transactions alone highlight his significant wealth.
Andre and Marissa recently sold their Gables Estate home for an impressive $27.5 million. They initially bought the property, a 12,300-square-foot non-waterfront mansion in Gables Estates, for $13.6 million in 2020. They couple made a substantial profit on this sale.
In another notable transaction, Andre Hakkak purchased a Pinecrest spec mansion for a record $14.3 million. This purchase marks the priciest residential sale ever in the Pinecrest enclave, surpassing even billionaire Jorge Mas’ sale of his Pinecrest estate for $13.9 million. The Pinecrest mansion, spans1.2 acres and 10,500 square feet.It includes seven bedrooms, 11 bathrooms, two half-bathrooms, a pool, gym, theater, and guest house.
Andre Hakkak is estimated to have a net worth of $50-100 million, most of which comes from his real estate and financial investments.
Factors Contributing to Andre Hakkak’s Net Worth
Several factors contribute to Andre Hakkak’s impressive net worth:
Successful Financial Career: As the co-founder and CEO of White Oak Global Advisors, Andre has played a crucial role in the firm’s success. The company’s focus on lending to small and mid-sized businesses has filled a vital niche in the financial market.
Extensive Experience: His previous roles, including the founder and chief investment officer of Alpine Global, and his work at Suisse Global Investments and Robertson Stephens & Co., have provided him with a wealth of experience and expertise in finance.
Savvy Real Estate Investments: Andre’s real estate transactions demonstrate his keen investment acumen. The significant profit made from selling the Gables Estate home and the record-breaking purchase of the Pinecrest mansion are testaments to his strategic investment decisions.
Educational Background: His education from the Haas School of Business at the University of California at Berkeley has equipped him with the knowledge and skills necessary to excel in the finance industry.
Final Thoughts on Andre Hakkak
Andre Hakkak’s life and career are a testament to the power of ambition, strategic thinking, and hard work. From co-founding a successful financial firm to making record-breaking real estate deals, Andre’s journey is nothing short of impressive. His wife, Marissa Shipman, is equally inspiring, having built a global cosmetics brand from the ground up.
Together, they represent a dynamic and successful partnership in both their personal and professional lives. Whether you’re interested in finance, entrepreneurship, or real estate, Andre Hakkak’s story offers valuable insights and inspiratio
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