BillionaireNet
Rosenthal
Bennett Rosenthal
Rank #1648
UNITED STATESFinance & InvestmentsFinance

Bennett Rosenthal

Net Worth
$2.384B
-0.81% (24h)
Bennett Rosenthal is a prominent figure in the finance industry, known for his co-founding of Ares Management Corporation, a leading global alternative investment manager. With an estimated net worth of $2.3 billion, Rosenthal's wealth stems primarily from his investments. His career includes significant roles at Merrill Lynch & Co., Inc. and Drexel Burnham Lambert. Rosenthal also serves as the lead managing owner of the Los Angeles Football Club (LAFC).

The Full Dossier

Early Life and Education

Born in 1963, Bennett Rosenthal holds a Bachelor of Science in Economics and an MBA from the Wharton School of the University of Pennsylvania. His educational background laid a strong foundation for his future career in finance.

Rise to Success

Rosenthal began his career at Drexel Burnham Lambert in 1986. He later transitioned to Merrill Lynch & Co., Inc., where he served as a Managing Director in the Global Leveraged Finance Group. In 1997, Rosenthal co-founded Ares Management Corporation, a significant milestone that significantly contributed to his wealth. Ares Management is a global alternative investment manager operating in the credit, private equity, and real estate markets.

Key Business Strategies

A key strategy for Rosenthal has been his focus on private equity and alternative investments. He has played a crucial role in Ares Management's growth and success, serving as a director, partner, and chairman of the Ares Private Equity Group. Rosenthal's role in managing the Los Angeles Football Club (LAFC), the most valuable team in Major League Soccer, further showcases his diverse business interests and strategic acumen.

Philanthropy

Rosenthal is also involved in philanthropy, serving on the board of the LAFC Foundation and as Chair of the Graduate Executive Board at the Wharton School of Business at the University of Pennsylvania.

Career Timeline

2023

Lead Managing Owner of LAFC

Became the lead managing owner of the Los Angeles Football Club.

2016

Co-Managing Owner of LAFC

Became a co-managing owner of the Los Angeles Football Club.

1997

Co-founded Ares Management

Co-founded Ares Management Corporation, a credit-focused alternative investment firm.

1989

Joined Merrill Lynch

Joined the merchant banking group at Merrill Lynch.

1986

Began Career

Started his career at Drexel Burnham Lambert in the Financial Institutions Group.

Philanthropic Impact

SportsUndisclosed

LAFC Foundation

Serves on the board of the LAFC Foundation.

Wealth Trajectory