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Tom Barrack

Thomas J. "Tom" Barrack, Jr. is an American real estate investor. Barrack attended Loyola High School (Los Angeles) and went on to receive his undergraduate degree from the University of Southern California in 1969. He received his law degree from the University of San Diego School of Law in 1972, where he was an editor of the Law Review. His first job was at the firm of Herb Kalmbach, President Nixon's personal attorney. One of the firm's biggest clients, construction giant Fluor Corp., needed a volunteer to live in Saudi Arabia for a few months to negotiate a contract. When his Fluor assignment ended, Barrack stayed on and went to work reviewing deals for two young Saudi princes. For over 4½ years he did tens of millions of dollars in deals for the princes. In 1976 Barrack returned to California, where he was hired to run a company that built industrial and office parks. He ran the company until 1982, learning all about real estate. He followed this experience with a short stint at Watt in Washington D.C. and a brief run as an investment banker, before billionaire Robert Bass recruited him to do real estate deals - including a deal on the infamous Black Monday, October 19, 1987,

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- 1544 days ago

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