Exploring Michael Arougheti (CEO Of Ares Management): Wikipedia, Career And Net Worth

Delving into the life and achievements of Mr. Arougheti, a prominent figure, opens up a world of inspiration and success

Mr. Arougheti emerges not only as a financial luminary but also as a leader dedicated to shaping a better future for both the corporate world and the communities it serves.

His journey is a testament to the power of strategic vision, commitment, and a holistic approach to leadership.

As we dissect the financial tapestry of Michael J Arougheti, the numbers unveil a story of triumph and astute financial prowess.

Michael J. Arougheti’s impact on the business landscape is undeniable. His entrepreneurial spirit, coupled with a diverse and accomplished career, cements him as a force to be reckoned with in the world of business and finance.

With a net worth soaring to $332 million, a substantial stock portfolio, and a multifaceted role at Ares Management Corp, Mr. Arougheti stands as a testament to the synergy of strategic vision and financial acumen.

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Mr. Arougheti Wikipedia

A Visionary Leader at the Helm of Ares Management Corporation

In the realm of financial leadership, Mr. Arougheti stands as a prominent figure, serving as the Co-Founder of Ares and holding key positions within Ares Management Corporation.¹

Let’s explore the multifaceted roles and contributions of this dynamic individual.

Ares Management Corporation: Spearheading Excellence

Mr. Arougheti assumes the pivotal roles of Chief Executive Officer and President, showcasing his unparalleled commitment to the success of Ares Management Corporation.

His influence extends further as a Director, actively shaping the strategic direction of the organization.

Navigating the Board and Committees

As a testament to his comprehensive involvement, Mr. Arougheti is a distinguished member of the Ares Executive Management Committee, playing a crucial role in high-level decision-making.

He also contributes his expertise to the Ares Enterprise Risk Committee, ensuring a robust risk management framework.

Philanthropy and Leadership Beyond Boundaries

Beyond the corporate realm, Mr. Arougheti extends his impact through the Ares Charitable Foundation, where he serves on the Board of Directors.

This underscores his commitment to corporate social responsibility and making a positive difference in the community.

Co-Chairing Success Stories

Adding to his illustrious portfolio, Mr. Arougheti holds the position of Co-Chairman for Ares Capital Corporation (“ARCC”) and Ares Acquisition Corporation (“AAC”).

These roles further highlight his influence in steering major financial entities towards success.

Diversifying Expertise in Real Estate

A key player in the real estate domain, Mr. Arougheti serves as a director of Ares Commercial Real Estate Corporation (“ACRE”).

This strategic involvement showcases his commitment to diversifying Ares’ portfolio and capitalizing on opportunities in the real estate market.

A Journey of Strategic Investments

Before joining Ares in 2004, Mr. Arougheti played a significant role at the Royal Bank of Canada (“RBC”). During his tenure from 2001 to 2004, he served as the Managing Partner of the Principal Finance Group and was a member of the Mezzanine Investment Committee.

His responsibilities included overseeing a diverse portfolio of middle-market leveraged loans, senior and junior subordinated debt, preferred equity, and common stock and warrants.

Crafting a Legacy of Financial Expertise

Mr. Arougheti’s journey includes noteworthy stints at Indosuez Capital and Kidder, Peabody & Co. At Indosuez Capital, he was a Principal and an Investment Committee member, contributing to the origination, structuring, and execution of leveraged transactions across various products and asset classes.

A Commitment to Empowering Communities

Beyond the financial world, Mr. Arougheti’s commitment to social impact is evident through his role on the board of directors of Operation HOPE.

This not-for-profit organization focuses on expanding economic opportunity in underserved communities through education and empowerment.

Educational Background

Mr. Arougheti is a Yale University alumnus, having received a B.A. in Ethics, Politics, and Economics, cum laude.

This solid educational foundation has undoubtedly contributed to his strategic vision and leadership prowess.

Michael J. Arougheti: Professional Career

Ares Management Corp.: A Visionary’s Brainchild

In the realm of entrepreneurship, Michael J. Arougheti stands as a luminary figure.²

His visionary leadership led to the establishment of Ares Management Corp., Ares Management LP, Ares Management LLC, and Ares Management Corp (Private Equity).

With an illustrious career at the helm of 8 diverse companies, Mr. Arougheti has become a symbol of success and innovation.

The Multifaceted Role of Michael J. Arougheti

Co-Chairman of Ares Acquisition Corp.

At present, Michael J. Arougheti serves as the Co-Chairman of Ares Acquisition Corp., where strategic initiatives and corporate growth are the focal points.

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President, CEO & Director at Ares Management Corp.

In his role as President, Chief Executive Officer, and Director at Ares Management Corp., Mr. Arougheti orchestrates the company’s overarching strategy, ensuring a trajectory of sustained success.

Co-Chairman & Executive VP at Ares Capital Corp.

As the Co-Chairman and Executive Vice President at Ares Capital Corp., Michael J. Arougheti plays a pivotal role in shaping the financial landscape of the organization.

Director, CEO & President at Ares Management LLC

Heading Ares Management LLC, Mr. Arougheti combines his leadership prowess to guide the company towards new heights of achievement.

President, CEO & Director at Ares Management GP LLC

In his capacity as President, Chief Executive Officer, and Director at Ares Management GP LLC, Michael J. Arougheti continues to drive excellence and innovation.

Co-Chairman and Executive VP at Ares Management Corp (Private Equity)

As the Co-Chairman and Executive Vice President at Ares Management Corp (Private Equity), Mr. Arougheti extends his influence across multiple subsidiaries of Ares Management Corp.

Senior Advisor at Volery Capital Partners LLC

Adding to his repertoire, Michael J. Arougheti serves as a Senior Advisor at Volery Capital Partners LLC, contributing his insights to further enrich the financial landscape.

Beyond Ares: A Diverse Portfolio

In addition to his pivotal roles at Ares Management Corp., Michael J. Arougheti wears many hats.

He is a Partner at Direct Lending Group, Inc. and a Member of the Program for Appropriate Technology in Health. Holding positions on the board of 7 other companies, his influence spans across a spectrum of industries.

A Storied Past: Arougheti’s Professional Journey

From Principal at Royal Bank of Canada to Co-Chairman of ACRE Capital LLC

Mr. Arougheti’s journey includes stints as Principal at Royal Bank of Canada and Managing Partner-Principal Finance Group at RBC Capital Partners Ltd.

His experience extends to Executive Vice President at Columbia Savings & Loan Association in Milwaukee, Wisconsin, and as a Member of the Mergers & Acquisitions Group at Kidder, Peabody & Co., Inc.

A Dynamic Career: Leading, Advising, and Directing

His diverse career path includes roles such as Principal at Onyx Partners, Inc., Executive Vice President at Columbia Savings & Loan Association (Milwaukee, Wisconsin), Member-Mergers & Acquisitions Group at Kidder, Peabody & Co., Inc., Principal at Taylor & Co. Law Offices LLP, Co-Chairman for ACRE Capital LLC, Director at Evercom, Inc., Director at Imperial Capital LLC, and Pr

incipal at Indosuez Capital.

Educational Foundation: Yale University

Michael J. Arougheti’s journey began with an undergraduate degree from Yale University, laying the academic groundwork for a career marked by distinction and accomplishment.

Michael J Arougheti: Staggering Net Worth

Diving into the Wealth Pools

As of June 16, 2023, the esteemed financial virtuoso, Michael J Arougheti, boasts a remarkable net worth surpassing an impressive $332 million.³

Let’s unravel the layers of his financial journey, exploring the intricate tapestry of his wealth accumulation.

Ares Management Corp Holdings

Delving into Mr. Arougheti’s investment portfolio, he commands ownership of a staggering 24,386 units of Ares Management Corp stock.

This substantial holding translates to a whopping $4,411,391 in market value. The astute investor has strategically positioned himself as a significant player in the dynamics of ARES stock.

Decades of Strategic Stock Movements

Over the last 17 years, Mr. Arougheti has exhibited a keen financial acumen by orchestrating calculated stock transactions. The records reveal that he has successfully navigated the financial terrain, selling ARES stock with a cumulative value exceeding an astounding $315,243,273.

These strategic moves not only showcase his prowess in investment decisions but also underscore his ability to capitalize on market fluctuations.

The Multifaceted Role: President, CEO, Co-Founder, and Director

Beyond his triumphs in the stock market, Michael J Arougheti wears multiple hats at Ares Management Corp. In his capacity as the President, Chief Executive Officer, Co-Founder, and Director, he not only steers the ship but also adds an impressive $12,665,700 to his financial portfolio.

This multifaceted role not only signifies his leadership prowess but also contributes significantly to his overall financial stature.

The Man Behind the Numbers

Beyond the numerical achievements lies a visionary leader, a strategic mind shaping the financial landscape.

Michael J Arougheti’s journey is not just about numbers; it’s a narrative of foresight, strategic decisions, and unwavering leadership.

FAQ’s

1. Who is Michael Arougheti and what is his role at Ares Management?

Michael Arougheti is the CEO of Ares Management, a leading global alternative investment manager. As CEO, he oversees the strategic direction of the firm, working to drive growth and success in the competitive financial industry.

2. What is Michael Arougheti’s career background before joining Ares Management?

Prior to his role as CEO, Michael Arougheti co-founded Ares Management in 1997. His career includes diverse experiences in finance and investment banking, contributing to his expertise in alternative investments and asset management.

3. How has Ares Management performed under Michael Arougheti’s leadership?

Ares Management has thrived under Michael Arougheti’s leadership, experiencing significant growth and expanding its global presence. His strategic vision and expertise have played a crucial role in the firm’s success in the competitive landscape of alternative investments.

4. What notable achievements or recognitions has Michael Arougheti received in his career?

Michael Arougheti has been recognized for his exceptional contributions to the financial industry. While specific achievements may vary, his leadership at Ares Management and impact on the alternative investment sector have earned him accolades and respect within the business community.

5. What is Michael Arougheti’s net worth?

As of the latest available information, Michael Arougheti’s net worth is estimated to be a substantial figure. However, net worth can fluctuate based on various factors, including market conditions and investment performance. It’s recommended to refer to the latest financial reports or reliable sources for the most up-to-date information on his net worth.