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.
As of 2015, he lives in Pyrford Court, Surrey, which features prominently in the 1976 movie, The Omen
In 1999, Grayken became an Irish citizen, renouncing his American citizenship
He received a BA degree in Economics from the University of Pennsylvania, and an MBA from the Harvard Business School in 1982
John Patrick Grayken was born in June 1956, and was brought up in Cohasset, Massachusetts, a suburb of Boston
Pyrford Court is a Grade II listed 15-bedroom house, built in 1910 for Rupert Guinness, 2nd Earl of Iveagh