John Grayken
| John Grayken | |
|---|---|
| Born |
John Paul Grayken June 1956 (age 61) Cohasset, Massachusetts, US |
| Residence | Pyrford Court, Surrey, England |
| Nationality | Irish (formerly American) |
| Alma mater |
University of Pennsylvania Harvard Business School |
| Occupation | Founder and chairman, Lone Star Funds |
| Net worth | US$6.3 billion (April 2016)[1] |
| Board member of | Lone Star Funds, Hudson Partners |
| Spouse(s) | Eilene Davidson |
John Patrick Grayken (born June 1956) is an American-born Irish billionaire financier, the founder and chairman of the private equity firm Lone Star Funds.[2]
Early life
John Patrick Grayken was born in June 1956,[3] and was brought up in Cohasset, Massachusetts, a suburb of Boston.[4] He received a BA degree in Economics from the University of Pennsylvania, and an MBA from the Harvard Business School in 1982.[4][2]
Career
Grayken first worked at Morgan Stanley, before joining the Texas billionaire Robert Bass.[4]
Grayken founded Lone Star in 1995.[5]
In 1999, Grayken became an Irish citizen, renouncing his American citizenship. As of 2015, he lives in Pyrford Court, Surrey, which features prominently in the 1976 movie, The Omen.[6] Pyrford Court is a Grade II listed 15-bedroom house, built in 1910 for Rupert Guinness, 2nd Earl of Iveagh.[6]
Philanthropy
In March 2017, Eilene and John Grayken gave a $25 million gift to the Boston Medical Center (BMC) to create the BMC Grayken Center for Addiction Medicine.[7] The gift is the largest donation in BMC’s history.[8] While the couple usually makes their donations anonymously, they explained that they were going public this time to de-stigmatize addiction and to encourage others to do so as well.[9]
In April of 2017, John P. Grayken gave a leadership gift to the Wharton School of the University of Pennsylvania to fund the Grayken Program in International Real Estate at the Wharton School.[10]
Personal life
He is married to a British woman, Eilene Davidson.
References
- ↑ "John P. Grayken Net Worth". Forbes. Retrieved 4 April 2016.
- 1 2 "John P. Grayken". Lone Star Funds. Retrieved 15 March 2017.
- ↑ "LONE STAR MANAGEMENT EUROPE LIMITED". Companies House. Retrieved 29 July 2015.
- 1 2 3 Strasburg, Jenny (30 July 2008). "Lone Star's Splash". WSJ. Retrieved 29 July 2015.
- ↑ "Company Overview of Lone Star Funds". Bloomberg. Retrieved 15 March 2017.
- 1 2 "The omen for private equity baron Grayken". Independent.ie. 1 March 2015. Retrieved 29 July 2015.
- ↑ "Record $25 Million Gift from Grayken Family Advances Boston Medical Center’s Leadership in Treating and Preventing Opioid Use Disorder". BMC. Retrieved 15 March 2017.
- ↑ Moses, Sue-Lynn. "Out of the "Philanthropic Shadows." As the Toll from Opioids Grows, Who’s Giving for Addiction Medicine?". Retrieved 24 July 2017.
The Grayken’s donation is the largest gift received by the Boston Medical Center to date.
- ↑ Pfeiffer, Sacha. "$25m gift to Boston Medical Center will help launch opioid center". Boston Globe. Retrieved 15 March 2017.
- ↑ "Grayken Program in International Real Estate at the Wharton School Creates New Opportunities in Global Real Estate Education". Wharton University of Pennsylvania. Retrieved 23 April 2017.