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Thomas Barrack Jr.
| Thomas Barrack Jr. | |
 | |
| Basic facts | |
| Organization: | Colony Capital |
| Role: | Founder and executive chairman |
| Location: | Los Angeles, Calif. |
| Education: | •University of Southern California •University of San Diego |
Thomas Barrack Jr. is the founder and executive chairman of Colony Capital, a global real estate investment firm based in Los Angeles, California. During the period of transition between the Obama and Trump administrations, Barrack was reported to be in consideration for a high-level appointment in the Trump administration.[1]
On December 10, 2024, Trump announced he would nominate Barrack to serve as U.S. ambassador to Turkey in his second presidential administration.[2]
Career
Barrack earned a B.A. in sociology from the University of Southern California in 1969 and a J.D. from the University of San Diego in 1972. During his early career, Barrack worked as a lawyer in Saudi Arabia and later served as a deputy undersecretary for the U.S. Department of the Interior under former President Ronald Reagan (R). He went on to work for the Robert M. Bass Group, an investment firm based in Fort Worth, Texas.[3][4][5][6]
Colony Capital
Barrack founded Colony Capital, a Los Angeles-based real estate investment firm, in 1991. The firm's business model centered on the purchase of "out-of-favor real estate assets." As of June 2016, the company managed $58 billion in assets and operated 14 offices in the United States and around the world.[3]
Donald Trump presidential election, 2016
| Possible Trump appointee (first term) |
|---|
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| During the 2016 presidential transition of power, Barrack was reported to be in consideration for a high-level appointment in Donald Trump's (R) first term. |
Full list of possible appointees |
See also: Donald Trump's Cabinet, 2025 |
Barrack formed a super PAC, Rebuilding America Now, in June 2016 to support former Republican presidential nominee Donald Trump. Following the November election, Barrack was selected to lead President Trump's Inaugural Committee.[4][7]
See also
External links
Footnotes
- ↑ Colony Capital, "About the Firm," accessed November 29, 2016
- ↑ 4President, "President Donald J. Trump Announces Tom Barrack as Ambassador to Turkey," December 10, 2024
- ↑ 3.0 3.1 Forbes, "Thomas Barrack," accessed November 28, 2016
- ↑ 4.0 4.1 Forbes, "Former Billionaire Thomas Barrack Forms Super PAC Backing Donald Trump," June 3, 2016
- ↑ Colony Capital, "Board of directors," accessed November 29, 2016
- ↑ University of Southern California—Marshall School of Business, "Barrack Family Commits $15 Million," June 10, 2015
- ↑ NBC News, "Major Donor Leading Trump's Inaugural Committee," November 11, 2016
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