Biography

Jonathan Gray, known as Jon Gray, is president and chief operating officer of Blackstone and a member of its board. He joined Blackstone in 1992 in mergers and acquisitions and private equity, and later led its real estate business, which he helped build into the largest commercial real estate platform in the world. He has chaired the board of Hilton since 2007, the year Blackstone bought Hilton Hotels Corporation for $26 billion; he recruited Christopher Nassetta as chief executive that October. Blackstone wrote down its Hilton investment by about 70% during the financial crisis, and Hilton returned to public markets in an IPO in December 2013. He also sits on the board of XRG. Sources differ on when he became president and COO: Blackstone says 2018, GlobalData says 2012. A third-party profile lists a BS in economics from Wharton and a BA in English from the University of Pennsylvania; Blackstone's own biography does not state his education. No reliable net worth figure was found.

Career

  • 1992 · Joined Blackstone (M&A and private equity) · Blackstone
  • Global head of real estate · Blackstone
  • 2007- · Chairman of the board · Hilton
  • 2018 · President and Chief Operating Officer · Blackstone (Blackstone's date; GlobalData says 2012)

Education

  • Reported by a third-party profile: BS in economics (Wharton) and BA in English, University of Pennsylvania

Achievements

  • Helped build Blackstone Real Estate into the world's largest commercial real estate platform (Blackstone)
  • Chairman of Hilton since 2007
  • Fortune ranking: Most Powerful People in Business, 2024 and 2025

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