Age, Biography and Wiki

Tom Barrack (Thomas Joseph Barrack, Jr.) was born on 28 April, 1947 in Los Angeles County, California, U.S., is an American private equity real estate investor (born 1947). Discover Tom Barrack's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 76 years old?

Popular As Thomas Joseph Barrack, Jr.
Occupation N/A
Age 76 years old
Zodiac Sign Taurus
Born 28 April 1947
Birthday 28 April
Birthplace Los Angeles County, California, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 28 April. He is a member of famous with the age 76 years old group.

Tom Barrack Height, Weight & Measurements

At 76 years old, Tom Barrack height not available right now. We will update Tom Barrack's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Tom Barrack's Wife?

His wife is Rachelle Barrack (divorced)

Family
Parents Not Available
Wife Rachelle Barrack (divorced)
Sibling Not Available
Children 6

Tom Barrack Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Tom Barrack worth at the age of 76 years old? Tom Barrack’s income source is mostly from being a successful . He is from United States. We have estimated Tom Barrack's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

1900

Barrack's grandparents were Lebanese Christians who immigrated in 1900 to the United States from Zahlé, Lebanon.

Barrack was raised in Culver City, California, where his father was a grocer and his mother was a secretary.

1947

Thomas Joseph Barrack Jr. (born April 28, 1947) is an American private equity real estate investor and the founder and executive chairman of Colony Capital, a publicly traded real estate investment trust (REIT).

Barrack has for decades been a close friend of and fundraiser for former U.S. President Donald Trump, representing him in television news appearances.

He was senior advisor to Trump's presidential campaign and served as the chairman of his Inaugural Committee.

In 2021 and 2022, Barrack was indicted on nine charges stemming from his alleged lobbying for the United Arab Emirates (UAE) as an unregistered foreign agent.

In November 2022, he was found not guilty on all charges.

1969

In 1969, Barrack earned a Bachelor of Arts degree from the University of Southern California (USC), where he participated on their varsity rugby team.

1972

He then attended the USC Gould School of Law, where he was an editor of the Southern California Law Review, before receiving a Juris Doctor from the University of San Diego School of Law in 1972.

Barrack's first job was at the law firm of Herbert W. Kalmbach, President Richard Nixon's personal lawyer.

In 1972, the firm sent him to Saudi Arabia, where he soon became the squash partner of a Saudi prince.

He then worked in the kingdom for the Fluor Corporation, and worked for Saudi princes.

Shortly after, he helped open diplomatic relations between Saudi Arabia and Haiti, then ruled by Jean-Claude Duvalier, at the request of investor Lonnie Dunn.

1982

In 1982, Barrack served as deputy undersecretary of the United States Department of the Interior under James G. Watt in the Reagan administration.

The Secret Service would board its horses at Barrack's ranch when President Ronald Reagan was at his nearby Rancho del Cielo.

Watt made his resignation announcement at Barrack's ranch.

Barrack says he became disillusioned with government service after he was required to testify before a congressional committee due to a gift Barrack had paid to the purchaser of then-Attorney General Edwin Meese's house.

1985

In 1985, Barrack first dealt with Donald Trump when he sold Trump a one-fifth stake in the Alexander's department stores.

1987

In 1987, Barrack was later a principal with the Robert M. Bass Group.

1988

In 1988, Trump agreed to pay Barrack $410 million for total ownership of the Plaza Hotel.

He later lost both properties in bankruptcy.

1990

In 1990, Barrack founded Colony Capital, with initial investments by Bass and GE Capital, and later Eli Broad, Merrill Lynch, and Koo Chen-fu.

Barrack achieved 50% profits in his first two years by focusing on distressed properties, including the federal Resolution Trust Corporation.

He has invested some $200 million in Middle East real estate, $534 million in non-performing German real estate loans, and made a $24 million loan to photographer Annie Leibovitz.

He also owns Neverland Ranch which was once the home of mega superstar Michael Jackson.

Through Colony Capital, he runs a $25 billion portfolio of assets, from the Fairmont Raffles Hotels International hotel chain in Asia, the Aga Khan's former resort in Sardinia, Resorts International Holdings, One&Only Resorts, Atlantis, etc.

Colony American Homes was criticized for treating tenants poorly during the Great Recession, raising rents, evicting people in large numbers and failing to maintain properties.

Barrack has previously negotiated drilling rights with Mana Al Otaiba.

2009

In 2009, Barrack negotiated with Otaiba's son, Ambassador Yousef Al Otaiba, the sale of a $41 million stake in the Raffles L'Ermitage hotel to the Abu Dhabi Investment Authority.

2010

In 2010, Barrack bought $70 million of Jared Kushner's debt on 666 Fifth Avenue.

Kushner later avoided bankruptcy when Barrack agreed to reduce his obligations after a request by Trump.

In 2010, Barrack partnered with the Qatar Investment authority to purchase the film production company Miramax for $660 million.

2011

As of September 2011, Barrack was the 833rd richest person in the world, and the 375th richest in the United States, with an estimated wealth of US$1.1.

billion.

2012

In 2012, Barrack sold the Paris Saint-Germain F.C. to the Qatar Investment Authority.

Barrack had to pay €22 million to settle tax charges related to the 2012 sale of his resort on Costa Smeralda to the Qatari sovereign wealth fund.

2014

However, he was no longer a billionaire in 2014.

2016

In 2016, Barrack sold Miramax to the Qatari beIN Media Group at a fourfold profit.

2017

In October 2017, Barrack's Colony Capital agreed to invest in The Weinstein Company to keep it afloat in light of the sexual misconduct allegations against the company's co-founder, Harvey Weinstein.

The New York Times reported that the preliminary agreement with Weinstein fell apart and the acquisition broke down.