Marc Lasry Net Worth

Marc Lasry has an estimated net worth of $2.2 billion, according to Forbes Real-Time Billionaires, Marc Lasry profile (figures as of October 20, 2026). That is up from $1.8 billion in 2019.

Marc Lasry is an American finance executive best known as the co-founder and CEO of Avenue Capital Group. He built his name in distressed investing, a corner of finance that looks for troubled or undervalued securities. Before Avenue, he worked in bankruptcy law and then moved into investment roles tied to trade claims and corporate reorganizations. He was also a co-owner of the NBA's Milwaukee Bucks from 2014 to 2023, which raised his public profile beyond Wall Street.

His wealth comes mainly from hedge funds and private investment work. In 1995, Lasry and his sister Sonia founded Avenue Capital Management with $7 million from friends and family. The firm focused on distressed debt and other undervalued assets, then expanded its reach over time. Avenue now manages about $13 billion in assets. Along the way, Lasry also took on major investing roles at firms including Cowen & Company and the Robert M. Bass Group, building a long career around complex debt and turnaround situations.

How Marc Lasry built his fortune

Lasry started out in the bankruptcy branch of the law firm Angel & Frankel after law school. That work led him into the world of distressed companies and trade claims. He later held investment roles at R. D. Smith, Cowen & Company, and the Robert M. Bass Group. Those jobs gave him deep experience in debt tied to companies under pressure, which became the core skill behind his later business success.

In 1989, Lasry and his sister Sonia started Amroc Investments. Then in 1995, they launched Avenue Capital Management with $7 million in funding from friends and family. Avenue focused on distressed and undervalued securities, the same area that shaped Lasry's earlier career. The firm now manages about $13 billion in assets. He also added sports ownership to his business profile when he became a co-owner of the Milwaukee Bucks in 2014 and later sold his 25% stake in 2023.

Forbes net worth and other money moves

Forbes has tracked Lasry's fortune as part of its billionaires coverage for years. Forbes valued him at $1.8 billion from 2019 through 2022. That estimate rose to $2.1 billion in 2023, then moved to $1.9 billion in 2024 and 2025. As of October 20, 2026, Forbes' real-time billionaires tracker put him at $2.2 billion. Forbes places him in Finance & Investments and describes him as self-made.

Avenue remains the main engine behind that wealth because it invests in distressed and undervalued securities at large scale. Another notable money event came in 2023, when Lasry reportedly sold his 25% stake in the Milwaukee Bucks during a deal that valued the team at $3.5 billion. Earlier, he also showed a collector's eye outside finance, selling a Wonder Woman #1 comic at auction for a record $291,000 in 2016.