John Grayken’s profile picture

John Grayken

John Grayken’s profile picture
Net worth 2018: $6.55 Billion
Residence: London, United Kingdom
Country: Ireland
BirthDay: 1956
Children: 4
Education: Bachelor of Arts / Science, University of Pennsylvania; Master of Business Administration, Harvard Business School
BIOGRAPHY

John Grayken was bornon 1956 in London, United Kingdom, Ireland. John Grayken is #271 in List Billionaires People In The World. John Grayken is the founder and sole owner of Lone Star Funds, a private equity firm that manages some $70 billion and focuses on distressed assets, often linked to real estate. He has raised 17 funds since 1995 that have produced annual returns of about 20% net of fees. In 2016, Grayken raised $11.4 billion for two new funds that blew past their fundraising goals. Raised in a suburb south of Boston, Grayken renounced his U.S. citizenship for tax purposes in the 1990s and took Irish citizenship. He bought Boston's most expensive condo for $33 million in 2016, but spends most of his time in London. His firm is headquartered in New York. Exceptionally secretive, Grayken specializes in buying distressed real estate assets all over the world, from the U.S. to Europe and Asia, wherever there is an economic downturn or crisis. The assets Lone Star buys are managed by Hudson Advisors, a firm with 850 employees and based in Dallas that Grayken also owns.

NET WORTH STATISTIC
2016

$6.3 Billion

2017

$6.6 Billion

2018

$6.55 Billion

TIMELINE
2015

As of 2015, he lives in Pyrford Court, Surrey, which features prominently in the 1976 movie, The Omen

1999

In 1999, Grayken became an Irish citizen, renouncing his American citizenship

1982

He received a BA degree in Economics from the University of Pennsylvania, and an MBA from the Harvard Business School in 1982

1956

John Patrick Grayken was born in June 1956, and was brought up in Cohasset, Massachusetts, a suburb of Boston

1910

Pyrford Court is a Grade II listed 15-bedroom house, built in 1910 for Rupert Guinness, 2nd Earl of Iveagh

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