<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0002002470</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001823945</issuerCik>
<issuerName>Blue Owl Capital Inc.</issuerName>
<secFileNumber>001-39653</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">399 PARK AVENUE</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">37TH FLOOR</street2>
<city xmlns="http://www.sec.gov/edgar/common">NEW YORK</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10022</zipCode>
</issuerAddress>
<issuerContactPhone>212-419-3000</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Blue Owl Exchange LP</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Controlled affiliate</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">1 New York Plaza</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">38th Floor</street2>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10004</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>1450000</noOfUnitsSold>
<aggregateMarketValue>26854000</aggregateMarketValue>
<noOfUnitsOutstanding>651092446</noOfUnitsOutstanding>
<approxSaleDate>09/02/2025</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<acquiredDate>05/19/2021</acquiredDate>
<natureOfAcquisitionTransaction>The shares of class A common stock were received from an affiliate and exchanged on September 2,  2025 for common units acquired in connection with the previously disclosed business combination on  May 19, 2021.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Blue Owl Capital Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>1450000</amountOfSecuritiesAcquired>
<paymentDate>05/19/2021</paymentDate>
<natureOfPayment>In consideration for the business combination.</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>Blue Owl Exchange LP</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">399 PARK AVENUE</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">37TH FLOOR</street2>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10022</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<saleDate>06/03/2025</saleDate>
<amountOfSecuritiesSold>870294</amountOfSecuritiesSold>
<grossProceeds>16162055.82</grossProceeds>
</securitiesSoldInPast3Months>
<noticeSignature>
<noticeDate>09/02/2025</noticeDate>
<signature>/s/ Alan Kirshenbaum</signature>
</noticeSignature>
</formData>
</edgarSubmission>
