Baseball team Baltimore Orioles owner John Angelos has agreed to sell his franchise to Carlyle Group, led by two equity billionaires, David Rubenstein and Mike Arougheti. The deal is agreed for the Orioles at $1.7 billion. The Group will start with the having about 40% of the club.
The group will purchase the remaining stake after Peter Angelos’ death. MLB owners will meet in Orlando next week and receive the sale details. A Baltimore native Rubenstein has been tied to the deal for months. He will become the control person for the Orioles under the deal.
Orioles owner John Angelos has reportedly sold the team to two private equity billionaires, David Rubenstein and Mike Arougheti, per @Ourand_Puck pic.twitter.com/mZw7fxmVYm
— Jomboy Media (@JomboyMedia) January 30, 2024
Mike Arougheti Wiki, Biography, Age, Net Worth, Wife, Family, Ethnicity, Education, and more
| Full Name | Michael J. Arougheti |
| Birthplace | United States |
| Lives At | Nyack, New York, United States |
| Date of Birth | October 1972 |
| Age | 51 years old |
| Zodiac Sign, Religion | Not Revealed |
| College | Yale University |
| Parents | Not Revealed |
| Wife | Not Revealed |
| Children | Not Revealed |
| Ethnicity | White |
| Nationality | American |
| Height | Around 5 Feet 7 Inches |
| Weight | Around 65 Kg |
| Net Worth | 1380 M $ |
Ares Management Mike Arougheti Wiki
Mike Arougheti is the co-founder of Ares Management Corporation. He is also the chief executive officer and president as well as a director of Ares Management Corporation.
He has been a member of the Ares Executive Management Committee and the Ares Enterprise Risk Committee. Mike is on the board of directors of the Ares Charitable Foundation.
Mike Arougheti was born in October 1972 in the United States but his exact birthplace is not known. Currently, he lives with his wife and children in Nyack, New York, United States. He is 51 years old as of now. His zodiac sign and religion are not knwon.
Mike Arougheti has an undergraduate degree in Ethics, Politics, and Economics from Yale University. His full name is Michael J. Arougheti. His family details including his parents and siblings are not known.
Mike is a married man but his wife’s name and her professional details are still not revealed.
Mike Arougheti is an American entrepreneur and businessman whose ethnicity is White. His height is around 5 feet 7 inches and his weight is around 65 kg.
Mike is also a Co-chairman of Ares Capital Corporation and Ares Acquisitions Corporation II. He has been serving as a director of Ares Commercial Real Estate Corporation.
Mike has been associated as a member of the Ares Credit Group’s U.S. Direct Lending and Pathfinder Investment Committees, Ares Sports, Media and Entertainment Investment Committee, and the Ares Equity Income Opportunity Strategy Portfolio Review Committee.
Before joining Ares in 2004, he used to work at the Royal Bank of Canada where he worked from 2001 to 2004 as a management partner of the Principal Finance Group of RBC Capital Partners. He was also a member of the firm’s Mezzanine Investment Committee.
He started to work with RBC in October 2001 from Indosuez Capital as a Principal and an Investment Committee member.
Mike Arougheti worked at Kidder, Peabody & Co., as a member of the firm’s Mergers and Acquisitions GROUP. He has been serving on the board of directors of Operation HOPE. He is also a member of the PATH Organization Leadership Council.
Mike Arougheti’s net worth is 1380 M $ as of 31/12/2023. He holds 9.28% shares of Ares Holdco LLC with a valuation of 1239 M $. He holds the 0.44% shares of ARES MANAGEMENT CORPORATION with a valuation of 98 million $. He holds 0.34% shares of ARES CAPITAL CORPORATION valuation of 38 M $. He holds 409,776 shares of ARES COMMERCIAL REAL ESTATE CORPORATION with a valuation of 4 million $.
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