Who Controls Brookfield Today?

Brookfield, the global alternative asset management giant, remains under the strategic control of Brookfield Corporation, which holds a dominant 73 percent stake in Brookfield Asset Management. This majority ownership solidifies Brookfield Corporation’s influence over one of the most powerful players in real estate, renewable energy, infrastructure, and private equity investing.

While ownership is centralized, leadership has seen a notable transition. As of February 2026, Connor Teskey stepped into the role of Chief Executive Officer of Brookfield Asset Management, succeeding the long-standing and highly respected J. Bruce Flatt. Flatt, who shaped the company’s aggressive growth strategy for over two decades, passed the baton to Teskey, marking a new chapter in Brookfield’s evolution.

Teskey, known for his deep operational expertise and forward-thinking approach, has already begun steering the firm toward further expansion in ESG-focused investments and next-generation infrastructure. Under his guidance, Brookfield continues to manage over $800 billion in assets, maintaining its reputation for long-term value creation and disciplined capital allocation.

The ownership structure—anchored by Brookfield Corporation—ensures stability, while fresh leadership brings renewed vision. This blend of continuity and change positions Brookfield to remain a cornerstone of global investing well into the future. Though publicly traded, the company’s tightly held control block means strategic decisions still flow through a focused, long-term lens rather than quarterly market pressures.

For investors and partners, the message is clear: Brookfield remains firmly in the hands of its core entity, now guided by a new generation of leadership committed to innovation without sacrificing discipline.

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