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[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. All rights reserved. OCRF: What is the ultimate goal of 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. 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. It reminds me of investing, where youre a high-conviction investor, says Jon Gray, who made his name as Blackstones real estate baron and was promoted to cofounder Steve Schwarzmans No. Jon Gray's net worth of Through this pivotal initiative, the Basser Center is building a better future for patients and the medical community that serves them. Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess, of the total wealth of the 500 richest people in the world, of the top 200 U.S. executives total awarded compensation. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. The grants will be split among seven research teams across the globe and brings the couples lifetime philanthropic giving to over $175 millionincluding over $100 million in BRCA research. I am also a Philadelphia native and my parents still live there. Mindy Gray: Faith was my mentor, my guide, my role model. . Pat Morin is the Scientific Advisor for the Gray Foundation. 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. His father worked in his family business, a maker of auto parts, while his mother ran a catering business, according to a 2011 profile of Gray in the New York Observer. At the very least, we want to develop a tool that can discover disease well before it presents itself. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. Mr. The publicly traded company manages $915 billion in assets as of March 31, 2022.. Men and women who carry a BRCA1 or BRCA2 gene mutation are at increased risk for developing certain cancers including breast, ovarian, pancreatic and prostate cancers. Previously he was Senior Director of Scientific Review and Grants Administration at the American Association for Cancer Research (AACR), where he oversaw the selection, administration, and oversight of a large grant portfolio. Jon received a Bachelor of Science in Economics from the Wharton School, as well as a Bachelor of Arts in English from the College of Arts and Sciences at the University of Pennsylvania. They have four daughters. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. Anyone can read what you share. Read On, OCRA is the worlds largest non-government funder of ovarian cancer research and has invested more than $110 million into desperately-needed breakthroughs. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. With his wife, Mindy, Gray established the Basser Research Center at the University of Pennsylvania School of Medicine, which focuses on the prevention and treatment of certain genetically caused breast and ovarian cancers. In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center, named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. 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. 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. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? OCRF: As a longtime OCRF Board member, what are your feelings about the organization? 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. Community, Prev: Jon and Mindy Gray's gift will fund an institute focused on early detection of breast, ovarian, pancreatic and prostate cancers. articles a month for anyone to read, even non-subscribers! She holds an MBA from Harvard Business School and a Bachelor of Arts in Political Science from Brown University. The couple, both 52, also launched the NYC Kids RISE Save for College Program. Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. Jon currently serves as Chairman of the Board of Hilton Worldwide. [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. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. The center has been a world leader in BRCA research. Though breast cancer can be screened through mammograms and MRIs, tests and prevention for ovarian cancer remain elusive, and the disease often flies under the radar until its later stages. Charissa has dedicated the last 25 years to expanding educational opportunity for NYC youth. The couple both graduated magna cum laude from the University of Pennsylvania, where he was elected to Phi Beta Kappa. [26], As of 2018, Gray had donated $120 million in his lifetime. Most of Margarets career has been in an administrative capacity related to recruitment. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Formerly, Jon served as Blackstone's Global Head of Real Estate. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. Blackstone raises $335 million for first real estate fund. 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. Mindy Gray: My dear friend Jill Seigerman worked for Liz Tilberis, late Editor-in-Chief of Harpers Bazaar and President of OCRF, so I had known about OCRF for years. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. 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. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicine's Abramson ancer Center and to date have given over $55 million towards its mission. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. OCRF: Why did you join OCRFs Board of Directors? Jon Gray is the Co-Founder of the Gray Foundation. Were going out and asking them to think outside the box. The granteessome of whom are analyzing precancerous tissue while others are working on early detection methodswill meet again this winter to discuss and collaborate on their findings. Mindy Gray: Faith was my mentor, my guide, my role model. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Gray and Mindy Basser were married in 1995 at Temple Beth Zion Israel in Philadelphia, where Rabbi Ira F. Stone performed the service. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! . 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. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. [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. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. Mindy Gray: I was immediately impressed with the leadership of OCRF and deeply committed to their mission of funding scientific research to help find a cure. A Personal Connection Becomes a Professional Mission, Next: The question is what is lurking in the normal tissue that begins to look like cancer, and how our immune system reacts to these abnormal cells before they develop cancer, says Dang. Most are units that are convertible into common stock on a one-for-one basis, according to the document. In his senior year at University of Pennsylvania, not long before accepting an offer to work at Blackstone Group Inc., Jon Gray put down a book at the library to ask out Mindy Basser. Formerly, Jon served as Blackstone's Global Head of Real Estate. October 24, 2019 Committed to Inclusion Some of the world's best and brightest students aim their sights at an undergraduate education at Penn, but many lack the resources to embark on this journey. 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. In 1998, Pat joined the NIH to head a research laboratory focused on ovarian cancer. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. in No surprise that she was also an incredible, and incredibly doting, mom. The Basser Center was named in honor of Faith Basser, Mindys sister who died ofBRCA-relatedovarian cancer at the age of 44. 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. Previously, Mindy worked as an editor at Ziff Davis Publishing and as a marketing executive at Edwin Schlossberg, Inc. Mindy received her Bachelor of Arts in English with a minor in History from the University of Pennsylvania. 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. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Read On. 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. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. Gray was inducted into the Phi Beta Kappa honor society. The Basser Center was established in honor of Mindy's sister, Faith Basser, who passed away at the age of 44 of BRCA-related ovarian cancer. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world with $115 billion in investor capital under management. 2023 Ovarian Cancer Research Alliance, Inc. 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. He graduated magna cum laude from the University of Pennsylvania in 1992, receiving a degree in economics from the Wharton School as well as an English degree at Penn. The value of his cash investments is based on an analysis of income, taxes and market performance. The Basser Center was established in 2012 with support from Penn alumni Mindy and Jon Gray in honor of Mindy's sister Faith Basser, who died of BRCA-related ovarian cancer at age 44. 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. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! 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. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. Charlotte is the Program Officer at the Gray Foundation. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. [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. 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. In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program. She holds an MPH from the Harvard T.H. Mindy Gray is the Co-Founder of theGray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. [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. September 15, 2022 $55 million gift to Penn is aimed at stopping breast cancer before it starts Mindy Gray and her husband, Blackstone president Jon Gray, gave the money in honor of Mindy's sister Faith Basser. The publicly traded company manages $915 billion in assets as of March 31, 2022. We are singularly focused on putting ourselves out of businessin funding the research that ultimately develops a tool for early detection and in an ideal world, develops a vaccine and/or cure that will prevent anyone from suffering at the hands of this insidious disease ever again. He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. Learn more about our policy positions and discover how you can take action. [9], Gray was named in Fortune's "40 under 40,"[10] in 2009. [7], Gray led Blackstone's LBO of Hilton Hotels, which became the most profitable private equity real estate deal ever, earning $14 billion for the firm's investors. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. 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. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicines Abramson Cancer Center and to date have given over $55 million towards its mission. 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. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Some women with faulty BRCA genes have taken a very proactive approach. Rabbi Ira F. Stone is to perform the ceremony at Temple Beth Zion Beth Israel in Philadelphia. [31] This donation also established the Basser Global Prize,[32] honoring cutting-edge cancer research. [3][4] His father Allen Gray 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. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. . 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. Shari and her husband, Len Potter, created the Basser Global Prize initiative at the Center to fund BRCA research. 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. 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OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. Women with a BRCA 1 mutation have a 60-80% lifetime risk of developing breast cancer and a 20-45% lifetime risk of developing ovarian cancer. 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. or the first in their families to attend collegethe latter being a group that is particularly close to heart for Mindy Gray, . At Jills suggestion, I reached out to OCRF to ask how I could get involved. 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. [5] In 1992, Gray graduated from the University of Pennsylvania magna cum laude with a B.A. from the Wharton School. 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. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. He also serves on the board of Corebridge and Harlem Village Academies. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. They have since dedicated their lives to the research and awareness of BRCA- related . Her father owns an advertising agency in Philadelphia that bears his name. 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. I'm a deputy wealth editor covering billionaires and their businesses. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. 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. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. [31], In 2016, Gray was named to Vanity Fair's "New Establishment" list. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. . Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Mr. Gray previously served as the firm's Global Head of Real Estate, which he helped to build into the largest real estate platform in the world. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world. Get email updates about research news, action alerts and ways to join the fight. 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. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. Assumes role of president and chief operating officer of Blackstone. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center and to date have given over $55 million towards its mission. 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. Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. 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. View Mindy Basser Gray results in Maine (ME) including current phone number, address, relatives, background check report, and property record with Whitepages. Two years after my sister Faith died, I was emotionally ready and anxious to volunteer in any way I could to help in the ovarian cancer community. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 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. Posted on December 14, 2012 in Community, Prev: A Personal Connection Becomes a Professional Mission, Next: Partner Member Profile: Bright Pink. 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. Two years after my sister Faith died, I was emotionally ready and anxious to volunteer in any way I could to help in the ovarian cancer community. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Jon and Mindy Graysgift willfund an institute focused on early detectionof breast, ovarian, pancreatic and prostate cancers. We are here to support you and your family, offering layers of support and many ways to connect. In 2012, Mindy and her husband, Jon Gray, established the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center in honor of Faith. As a subscriber, you have 10 gift articles to give each month. Gray raised the world's largest private real estate fund with $13.3 billion in 2012. The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. This field is for validation purposes and should be left unchanged. Mindy is the Board Chair of the Basser Center Advisory Boardand a former member of the Executive Board of Directors of the Ovarian Cancer Research Alliance (OCRA) where she served for over 10 years. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. He is a member of the National Academy of Medicine, fellow of the American Academy of Arts & Sciences, fellow of the American Association for Cancer Research Academy, and was a member of the Cancer Moonshot Blue Ribbon Panel. 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. The donation was made to establish and fund the Cancer .

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