[2][3] He is the founder, chairman and CEO of Flacks Group, a Miami, Florida based private equity and investment firm.

[4][5] Flacks acquires underperforming corporate businesses or distressed assets and invests in them to make them profitable again.

[6][7] As per the Bloomberg Billionaires Index, Flacks has a net worth of approximately $600 million, as of 2023.

As of June 2020, the group’s portfolio of businesses and real estate asset value exceeded $2.5 billion.

[10] By 2023, Flacks acquired four additional businesses with a valuation more than $250 million, according to data compiled by Bloomberg.