American businessman and investor Thomas J. Barrack Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. He is best recognized as the founder, CEO and Chairman of Colony Capital which is currently based in Santa Monica California.

Thomas Barrack is an alumnus of the University of Southern California and the University of San Diego School of Law. After graduation, he started working for Herbert W. Kalmbach's law firm. After becoming a principal at the Robert M. Bass Group, he founded the Colony Capital. Eventually, he received investment from GE Capital, Bass, Eli Broad, Koo Chen-fu and Merrill Lynch. He has previously served on the board of directors of Kerner, Accor, Continental Airlines, Megaworld Properties & Holdings, Korea First Bank, and First Republic Bank.

Currently, his Colony Capital is managing more than $25 billion portfolios of assets which include Asia's Fairmont Raffles Hotels International hotel chain, Atlantis, One&Only Resorts, and Resorts International Holdings.

Thomas J. Barrack Jr. is currently married with four children.