jon gray blackstone age

Jonathan D. Gray (born February 4, 1970) is an American billionaire and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. [31] This donation also established the Basser Global Prize,[32] honoring cutting-edge cancer research. Born in Highland Park, Illinois. Would you like Wikipedia to always look as professional and up-to-date? [4][5] His father Allen Gray was an investment adviser and owned a small auto parts manufacturer on the West Side of Chicago (coincidentally named Blackstone Manufacturing); his mother Susan, remarried to his stepfather James Florsheim, ran a catering business. To Mr. Schwarzman, the notion appeared absurd. I use WIKI 2 every day and almost forgot how the original Wikipedia looks like. Jon Gray Blackstone Barry S. Sternlicht Starwood Capital Group 4:30 PM Exploring Growth vs. Value Moderator: Cliff Asness AQR Capital Management David Einhorn Greenlight Capital, Inc. Lee S. Ainslie III Maverick Capital 5:00 PM Fireside Chat Ken Griffin Citadel Paul Tudor Jones II Tudor Investment Corporation 5:30 PM Conference Day 1 Ends [19] Blackstone prioritized buying homes in good school districts expecting that renters would âmore readily accept rent hikes to avoid moving.â Gray caused damaging structural change to the housing market with the large-scale flipping of single-family homes into rentals--effectively preventing millions of familiesâ chance to build wealth after the financial crisis and significantly decreasing the stock of affordable housing in the United States. She was named Blackstone’s co-head of real estate, alongside fellow co-head Ken Caplan, after their boss, Jon Gray, became the firm’s president and chief operating officer in February. Jonathan Gray (Blackstone), Keynote Speaker | Wharton MBA Graduation 2019, Steers Center for Global Real Estate 2015 Luminaries Event: A Conversation with Jonathan Gray, 2016 Real Estate Impact Conference - Keynote Session: Jon Gray. [31], In 2016, Gray was named to Vanity Fair's "New Establishment" list.[39]. He sits on its Management Committee and most of its investment committees. He also serves as chairman of Hilton Worldwide. There's less and less distressed housing," said Jonathan Gray, Blackstone's global head of real estate. [15], In February 2018, it was announced that Gray would become president and chief operating officer of Blackstone, replacing Hamilton "Tony" James. [35] In May 2017, the Grays announced they would be donating $21 million to the Basser Center for BRCA at the University of Pennsylvania, bringing their total pledges to the initiative to $55 million. [12] Gray was named in Fortune's "40 under 40,"[13] in 2009. Jonathan Gray, C'92, W'92 President & Chief Operating Officer, Blackstone Jonathan (“Jon”) Gray is President and Chief Operating Officer of Blackstone, and is a member of Blackstone’s Board of Directors. Age: 39 Marital status: Married Highest Education: Bachelor's degree The native Chicagoan went straight to Blackstone from Wharton in 1992 and fast became a star in its real estate division, best known for the $39 billion purchase of Equity Office Properties in 2006. Children. Mayor Rahm Emanuel and Blackstone’s Jon Gray also announced the Blackstone Inclusive Entrepreneurship Challenge, a three-year pilot program that will award up to $3.4 million in grants to innovative organizations that effectively recruit and support diverse entrepreneurs and scale start-ups in the Chicago area. Jonathan Gray Senior Managing Director, Blackstone. Jonathan Gray is known for making big bets and being kind of a nice guy. The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. admin January 19, 2021 No Comments. [2] He also serves as chairman of Hilton Worldwide.[3]. Blackstone Group's chairman has made clear to senior executives that 43-year-old real-estate specialist Jonathan Gray is the front-runner should the current president depart within the next few years. The oldest executive at Blackstone Group Inc (The) is Brian Mulroney , 81, who is the Independent Director of the General Partner. BlackStone Group LP ... the 2010s as the golden age for private market just given the supportive market backdrop and significant growth in the asset class. The Grays donated $25 million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. In 2016, newly elected President Donald Trump discussed appointing Gray to be his Treasury Secretary. [11] Gray currently serves as Chairman of the Board of Hilton Worldwide, which went public in December 2013. (m.1995). Major holdings include Hilton Worldwide, Equity Office Properties, Invitation Homes, Logicor, and the leading owner of office space in India. “This has been a tough time,” he said, according to a participant who shared details from a transcript of the The Danish Housing Minister called for the need for tighter regulations on Blackstone after the firm saw âan opportunity to push people out of their homes to get fast returns.â[20] Elizabeth Warren has criticized Blackstone for shamelessly profiting from the 2008 housing crisis. Jonathan D. Gray (born February 4, 1970) is an American billionaire and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. from the Wharton School. See Jonathan D Gray's compensation, career history, education, & memberships. He also serves as chairman of Hilton Worldwide. [34], In November 2016, The New York Times reported on a $10 million donation from the Grays to finance a pilot program that creates college savings accounts for thousands of New York City public school kindergartners. Gray, 48, has run the firm's global real estate group since 2005. Like his mentor Jon Gray, Seppala has been tipped for a role at the top table of Blackstone from an early age. And both like to be in the thick of things. In November 2016, it was reported that Gray was under consideration as Treasury Secretary for the incoming presidential administration of Donald Trump. In an episode of “Talks at GS,” Jon Gray joins Alison Mass, Chairman of Goldman Sachs’ Investment Banking Division, for a discussion about the themes driving Blackstone’s investment approach. We have created a browser extension. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology. Marital status: Married . Senior Managing Director, Blackstone ... Blackstone. Blackstone's investment in Hilton was profiled in a September 2014 Bloomberg Businessweek cover story. Explore Jonathan D. Gray's biography, personal life, family and real age. He is also the Global Head of Real Estate and a member of the board of directors of Blackstone, as well as the firm’s Management Committee. [citation needed], Today, Blackstone's real estate business is the largest opportunistic real estate investment manager in the world with $111 billion[7] of investor capital under management,[8] which includes a $16 billion global real estate fund and a $9 billion[9] European fund. With an unrivalled amount of dry powder to invest in Europe he now has the position and firepower to further cement his reputation and oversee the strategies … [28], Gray serves on the board of The Trinity School, as well as on the board of Harlem Village Academies,[29] a group of charter schools in New York City. [24][25][26][27], The Gray Foundation was launched in 2014 with two distinct missions: Accelerating research, improving treatment and raising awareness for individuals who have inherited BRCA mutations; and maximizing access to education, healthcare and opportunity for low-income youth in New York City. Mr. Gray previously served as the firm’s Global Head of Real Estate, which he helped to build into the largest real estate platform […] Stone. He was made co-head of the real estate group in 2005 and named global head of real estate in 2011. [38] He lives in Manhattan with his wife and their four daughters, Margo, Emma, Stella, and Tess. Gray recently donated $10 million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. [6] He was elected Phi Beta Kappa. There are 12 older and 2 younger executives at Blackstone Inc. Jonathan D Gray is President/COO at The Blackstone Group. Note: To be eligible for Fortune's 40 under 40, candidates had to be 39 or younger on Nov. 1, 2009. Now 72, Schwarzman takes an active role in … in English from the School of Arts & Sciences and a B.S. [6] His parents divorced when he was young. In January 2014, the Basser Research Center announced an additional $5 million gift from the couple to fund an external research grant program. [23] Gray withdrew his name from consideration and Steven Mnuchin was eventually nominated and confirmed as the Treasury Secretary. Congratulations on this excellent ventureâ¦ what a great idea! your password “This has been a tough time,” he said, according to a participant who shared details from a transcript of the call. Blackstone has raised $96bn in the last five years, $35bn more than second-placed Carlyle. She is the Chair of the Basser Leadership Council and serves on the boards of the University of Pennsylvania School of Medicine and NYC Kids RISE. 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