Jonathan Gray

Net worth over time

Biography

• Jonathan Gray started at asset manager Blackstone Group fresh out of college in 1992 and later rose to head the firm's vaunted real estate group.
• Under Gray, Blackstone's real estate division became one of its most valuable branches; it now manages $325 billion in investor capital.
• He orchestrated the $26 billion buyout of Hilton hotels in 2007 then took it public again in 2013; the IPO was then the biggest ever for a hotel firm.
• Gray was named Blackstone's president and chief operating officer in 2018; he's considered a potential successor to cofounder and CEO Steve Schwarzman.
• Gray, whose sister-in-law died of ovarian cancer at age 44, has given over $100 million to BRCA- related cancer research.
• He got his start working as a bus boy at his mother's catering company at age 14.
• Gray's family owned a small auto parts manufacturer in Chicago named Blackstone Manufacturing -- no relation to Blackstone Group -- and sold it in the 1970s.
• Gray met his wife, Mindy, at a romantic poetry class at UPenn and once worked a stint as a guard at a graduate student dorm.

Financial assets