Jonathan D. Gray (born February 4, 1970) is an American billionaire businessman and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. [17] On 22 October 2022, The Wall Street Journal released an article by its editorial board in its printed edition, titled "Wall Street and Hong Kong's Strongman," mentioning Gray's name, and saying that "These executives may feel they have assets to protect in the city, but by kowtowing to Mr. Lee they are doing their reputations, and that of their companies, no good. [41] In 2021 the Gray Foundation contributed $15 million to a program that opens a college savings account with $100 for every child enrolled in New York City public kindergartens. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. [34], In May 2017, the Grays announced they would be donating $21million to the Basser Center for BRCA at the University of Pennsylvania, bringing their total pledges to the initiative to $55million. Learn more about our policy positions and discover how you can take action. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Blackstone Inc.s Jon Gray and his wife,Mindy, are funding an institute at their alma mater focused on early detection and prevention of breast, ovarian, pancreatic and prostate cancers. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. But she turned loss into legacy and hurt into hope this year when she and her husband Jon founded the Basser Research Center at the University of Pennsylvania in honor of her sister who succumbed to ovarian cancer at the age of 44. Women with BRCA 2 mutations have a 50-70% lifetime risk of developing breast cancer and a 10-20% lifetime risk of developing ovarian cancer. He also serves as Scientific Director of the Ludwig Institute for Cancer Research and professor at The Wistar Institute. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The event honored the memory of Marla. Now, Domchek and her colleagues are taking aim at interception. OCRF: What is the ultimate goal of the Basser Center? He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. Mindy Basser, a daughter of Pearl and Philip B. Basser of Philadelphia, is to be married this evening to Jonathan David Gray, a son of Susan Florsheim of Highland Park, Ill., and Allen. [12][13] The Wall Street Journal reported that Gray went on the biggest home buying spree in history after the foreclosure crisis, spending $10billion in the company's first four years. [42], In 1995, Gray married Mindy Basser at Temple Beth Zion Israel in Philadelphia; the ceremony was officiated by Rabbi Ira F. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. The veteran oncology researcher quickly came up with an idea: To host a symposium where leading BRCA experts could gather and discuss issues in the field. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? Theres no way to look at ovarian cancer unless you open up a womans body, says Mindy Gray. Were all in on this We plan on doing more, until we find a way where people can say, I can live with a BRCA mutation., This is a BETA experience. Raises world's largest opportunistic real estate fund. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. Mindy Gray is a member of the executive committee of the Ovarian Cancer Research Fund Inc., the largest private philanthropy in the United States dedicated exclusively to funding ovarian cancer research. He also serves on the board of Corebridge and Harlem Village Academies. View Mindy Basser Gray's record in Puyallup, WA including current phone number, address, relatives, background check report, and property record with Whitepages. Identified in the mid-1990s, mutations in the BRCA1 and BRCA2 genes can lead to drastically higher rates of breast and ovarian cancer in women, as well as elevated risk of prostate and pancreatic cancer. The Basser Center was named in honor of Faith Basser, Mindys sister, who passed away at age 44 from BRCA-related ovarian cancer. The Center is focused on funding scientific research and giving brilliant research scientists the state-of-the-art facilities and the freedom to discover innovative paths to treatment, prevention and cure. Mindy Gray is the Co-Founder of the Gray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. Get email updates about research news, action alerts and ways to join the fight. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image", "Investment strategy: The new property barons", "Blackstone to Check Out of Hilton Investment", "Blackstone's Hilton Deal: Best Leveraged Buyout Ever - Bloomberg", "40 under 40 - Jonathan Gray (7) - FORTUNE", "Blackstone Exits Single-Family Rental Bet Slammed by Warren", "Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes", "Warren Calls Out Blackstone for "Shameless" Profies From Housing", "Blackstone's Homegrown Dealmaker Finally Makes It to the Top", "Opinion | Wall Street Courts Hong Kong Strongman John Lee", "Three Top Bankers Pull Out of Hong Kong's Global Finance Summit", "Trump Said to Discuss Treasury Post With Blackstone's Gray", "Blackstone executive Jonathan Gray won't serve as Treasury secretary", "The Wallets of Wall Street Are With Joe Biden, if Not the Hearts", "Private-Equity Leaders Place Their Presidential Bets", "Joe Biden's fundraiser list includes more than 30 executives with Wall Street ties", "Joe Biden to host more than 250 donors from Wall Street, big business at NYC fundraisers here's the guest list", "Blackstone COO Jonathan Gray On Giving To Education, Cancer Research", "Blackstone President Jonathan Gray Donates $25 Million To Tackle Deadly Breast Cancer Gene", "Basser Center for BRCA Abramson Cancer Center", "Blackstone's Gray Becomes Billionaire Amid Property Wager", "The 2013 Basser Global Prize - Bassser Research Center for BRCA -Penn Medicine", "Penn Medicine's Basser Research Center for BRCA Announces Additional $5 Million Gift from Mindy and Jon Gray to Fund External Research Grant Program", "The T&C 50: The Top Philanthropists of 2016", "Blackstone's Gray Gives $21 Million to Hit Cancer Close to Home", "$55 million gift to Penn is aimed at stopping breast cancer before it starts", "University Of Pennsylvania Receives $55 Million Gift To Study, Treat Hereditary Cancers", "Blackstone's Gray Gives UPenn $55 Million for Cancer Prevention", "New York Seeks to Jump-Start College Savings by Giving Cash to Kindergartners' Parents", "Blackstone's Gray Donates $10 Million for Financial Aid at UPenn", "Money for Kindergartners, Spendable on College", "WEDDINGS - Mindy Basser, Jonathan D. Gray", https://en.wikipedia.org/w/index.php?title=Jonathan_D._Gray&oldid=1139510621, This page was last edited on 15 February 2023, at 14:27. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. She taught me to talk to animals, especially our crazy cats, she taught me to enjoy Kraft macaroni and cheese at midnight (even when I wasnt the slightest bit hungry), and she taught me that no walks too long if you have a friend by your side. In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. My father is 94 and a first-generation American and my mother is first generation as well. In 1992, Gray joined Blackstone's mergers and acquisitions and private equity group,[5] and joined its newly formed real estate private equity group the following year. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. At Jills suggestion, I reached out to OCRF to ask how I could get involved. [39] Gray serves on the board of The Trinity School, as well as on the board of Harlem Village Academies,[40] a group of charter schools in New York City. 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. This was when I knew that my relationship with OCRF was meant to be. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. Each net worth figure is updated every business day after the close of trading in New York. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. [28], The Grays have donated over $150 million to BRCA cancer research. The index is a dynamic measure of personal wealth based on changes in markets, the economy and In partnership with the Basser Center for BRCA and leading cancer institutions across the country, the Basser Initiative @ Gray Foundation is advancing research and awareness efforts. OCRF: Why did you join OCRFs Board of Directors? Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. We endure this loss each and every day. Youre passing this on, and thats why you get these families with the grandmother, the mother, the childrenmultigenerations of cancer. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. Previously, Dana was a Vice President at Teach For America and a Vice President at Lazard Freres & Co. She also worked as a consultant at Bain & Company, as well as in the Venture Capital and Investment Banking Groups at Morgan Stanley. Rabbi Ira F. Stone is to perform the ceremony at Temple Beth Zion Beth Israel in Philadelphia. [5] He was elected Phi Beta Kappa. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? The Basser Center for BRCA, founded in 2012 by Penn alumni Mindy Basser Gray, C'92, and Jon Gray, C'92, W'92, works to free the world of the devastating effects of BRCA-related cancers and, in doing so . This month, the University of Pennsylvania announced a $10 million gift from the couple, . The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. [1] He is also chairman of Hilton Worldwide.[2]. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. Mindy Gray, Chair Mindy Gray is the Co-founder of the Gray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Most are units that are convertible into common stock on a one-for-one basis, according to the document. Get email updates about research news, action alerts and ways to join the fight. He conducted his postdoctoral training at the Johns Hopkins Oncology Center in the laboratory of Dr. Bert Vogelstein, where he studied the molecular genetics of colorectal cancer. The Basser Center was named in honor of Faith Basser, Mindy's sister, who passed away at age 44 from BRCA-related ovarian cancer. The aspirational goal would be to understand the process of cancer development early enough and then look at ways to intervene, hopefully eradicate, prevent the cancer from even developing., What we aspire to do is build a precancer atlas for BRCA, lay a road map for everyone in the world to use, continues Dang. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. Mindy is actively involved at the Harlem Village Academies charter schools and sits on the Leadership Council of Peer Health Exchange, an organization dedicated to giving teens a comprehensive health education. She taught me how to blow bubbles, how to disco dance, how to properly tickle feet, and how to knot my hair in a bun. 1992 College graduate Mindy Gray and 1992 College and Wharton graduate Jonathan Gray made the donation to the Basser Center for BRCA, an institute they founded in 2012 with an earlier $25 million donation in honor of Mindy's sister, Faith Basser, who died of ovarian cancer in 2002. Joins Blackstone, starts building real estate investments. The bride, 24, is a marketing executive at Edwin Schlossberg Inc., a design firm in New York. Women with BRCA 2 mutations have a 50-70% lifetime risk of developing breast cancer and a 10-20% lifetime risk of developing ovarian cancer. Shari and her husband, Len Potter, created the Basser Global Prize initiative at the Center to fund BRCA research. He serves as a board member of the Pension Real Estate Association and Trinity School and is chairman of the board of Harlem Village Academies. Graduates magna cum laude from University of Pennsylvania. [5] In August 2013, Bloomberg estimated his net worth at just over $1.0billion due to his owning 40.6million Blackstone shares valued at $913million combined with over $120million in bonuses and salary. Anyone can read what you share. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! Gray was inducted into the Phi Beta Kappa honor society. At the time of its . In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. Her mother is a legal assistant at Schubert, Bellwoar, Mallon & Walheim, a law firm in Philadelphia. [14] The firm would later come under criticism for its business model, and US Senator Elizabeth Warren criticized Blackstone for "shamelessly" profiting from the 2008 housing crisis. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. Copyright 2023, Basser Center for BRCA at Penn Medicine, https://www.youtube.com/channel/UCqj1PAWOYriQ_AC0r2VO7NA/videos. The couple both graduated magna cum laude from the University of Pennsylvania, where he was elected to Phi Beta Kappa. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Among the unthinkable tragedies of losing her was that she left behind her four-year-old son, Logan, who would no longer have his mom. These are serious risks that must be managed and because they will affect family members across generations, they are risks that also must be communicated. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. We wanted to create a center that would be focused on this mutation, which would provide research, and support, and care, and thats why we founded the Basser Center.. With the Basser Research Center, we want to ensure that families affected by BRCA 1 and BRCA 2 gene mutations can get the support and genetic counseling that they need and understand their lifetime risk of developing cancer. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. His father is a senior associate at Premier Business Group, investment advisers in Buffalo Grove, Ill. His stepfather, James Florsheim, is a senior vice president of the Chicago Corporation, an investment bank in Chicago. [1] He is also chairman of Hilton Worldwide. In creating the Basser Research Center in my sisters name, my husband Jon and I are fervently hoping that we can one day prevent other families from experiencing the unthinkable loss of a loved one. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. 2023 Ovarian Cancer Research Alliance, Inc. Charissa Fernndez is the President of the Gray Foundation. [20] Gray's boss and Trump's friend Stephen A. Schwarzman quickly dismissed the idea that a slot in a Republican cabinet would be offered to a Democratic supporter like Gray. [38], In November 2016, The New York Times reported on a $10million donation from the Grays to finance a pilot program that creates college savings accounts for thousands of New York City public school kindergartners. [44], Last edited on 15 February 2023, at 14:27, Global Financial Leaders' Investment Summit, "Jon Gray Skips Party, Afraid Record Buyout Will Fail", "Blackstone Reports Record Year: Jonathan Gray's Real Estate Group Chips In 60% Of The Profits Jewish Business News", "Jonathan Gray, Blackstone's Real Estate Wizard Behind the Curtain" By Matt Chaban, "Jon Gray is the future of Blackstone. View Mindy Basser Gray's record in Shawnee, KS including current phone number, address, relatives, background check report, and property record with Whitepages. The occasion was a fundraiser for the Basser Center for BRCA, which they founded . [31] This donation also established the Basser Global Prize,[32] honoring cutting-edge cancer research. From our very first visit to the Abramson Cancer Center within which The Basser Research Center is housed, we were impressed with its beaker to bedside capabilities. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. Jonathan D. Gray is born to Chicago entrepreneurs. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. Mindy and Jon Gray at UPenn, where they met as undergrads. With the leadership of Dr. Chi Dang, Director of the Abramson Cancer Center, and Dr. Susan Domchek, Executive Director of the Basser Research Center, we are confident that we can make huge progress towards this goal. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. His mother is a partner in Ferree-Florsheim Catering in Chicago. . Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. Those who know me know I took this one to heart. Read On. Blackstone raises $335 million for first real estate fund. At the very least, we want to develop a tool that can discover disease well before it presents itself. OCRF: Tell us about the path that led you and Jon to together create the Basser Research Center with a $25 million gift to the University of Pennsylvania. A Personal Connection Becomes a Professional Mission, Next: Despite our twelve-year age gap, she always treated me like an equal. My sister Faith was a serious discount shopper. 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. Mindy Basser, a daughter of Pearl and Philip B. Basser of Philadelphia, is to be married this evening to Jonathan David Gray, a son of Susan Florsheim of Highland Park, Ill., and Allen Gray of Barrington, Ill. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. [citation needed] In 2019, the Grays announced a $10 million gift to support first-generation, low-income students attending the University of Pennsylvania. The couple, both 52, also launched the NYC Kids RISE Save for College Program. Mindy Gray is a member of the Penn Medicine Board, chair of the Basser Center Leadership Council and a founding board member of New York City Kids RISE, a nonprofit organization focused on expanding economic opportunity by providing a scholarship and savings platform for families, schools and communities. 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We are here to support you and your family, offering layers of support and many ways to connect. OCRF: Tell us about your sister, Faith, your relationship, and her lasting impact on your life that sparked you to create such a tremendous legacy in her name. In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. Most of Margarets career has been in an administrative capacity related to recruitment. She is the Chair of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). Among the unthinkable tragedies of losing her was that she left behind her four-year-old son, Logan, who would no longer have his mom. [43] He lives in Manhattan with his wife and their four daughters. There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. OCRF: Tell us about your sister, Faith, your relationship, and her lasting impact on your life that sparked you to create such a tremendous legacy in her name. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. The Basser enter was named in honor of Faith asser, Mindy's sister who died of BRCA-related ovarian cancer at the age of 44. The Grays donated $25million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. The donation was made to establish and fund the Cancer . and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. Jonathan Gray was born in 1970 to Chicago entrepreneurs. We knew then that we did not want other families to ever suffer in the way that we had. We had an engineer from MIT in the meeting, and theyre on standby to work with the other groups and say, if you guys find some signals for early cancers, we can build new drugs that will go right after those cells specifically and eradicate them..
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