⬅ # 425 Terry Pegula|# 427 Nathan Kirsh

# 426 John Grayken 

$6.64B

Real Time Net Worth
as of 6/24/2024

# 426 John Grayken 

$6.64B

Real Time Net Worth
as of 6/24/2024
OccupationFounder, Lone Star Funds
Source of WealthPrivate Equity
Age68
ResidenceLondon, United Kingdom
Marital StatusMarried
Children4
EducationMBA, Harvard Business School; BS, University of Pennsylvania
Age-Adjusted Net Worth$3.86B
John Grayken
John Grayken
Ireland
Net worth: $6.64B

Self-Made Score 

Wealth History

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Biography

Overview

John Patrick Grayken was born in June 1956 in Cohasset, Massachusetts, USA.
He obtained a BA degree in economics from the University of Pennsylvania and later pursued an MBA from Harvard Business School in 1982.
Grayken started his career at Morgan Stanley before joining the RMB Realty Group, founded by Texas billionaire Robert Bass.
He served as the managing general partner of the Brazos Fund, a vulture fund focused on acquiring mortgage-related assets, including those from the Resolution Trust Corporation.
In 1995, Grayken founded Lone Star Funds, which succeeded the Brazos Fund.
For tax purposes, Grayken renounced his American citizenship in 1999 and became an Irish citizen.

Career Highlights

Founded Lone Star Funds in 1995, raising over $85 billion in committed capital across 21 funds since then.
Initiated Lone Star's investment focus in Canada, allocating significant funds for Canadian investments.
Expanded Lone Star's global platform in 1997, leading to extensive investments in North America, Europe, and East Asia.
Diversified Lone Star's investment portfolio, including distressed opportunities in developed markets.
Led the acquisition of Quintain, a UK property investment and development company, for £700 million in July 2015.
Acquired 75% ownership of Novo Banco, Portugal's third-largest bank, in a deal with the Portuguese Central Bank.

Philanthropy

Donated $25 million to Boston Medical Center to establish the BMC Grayken Center for Addiction Medicine in March 2017, the largest donation in BMC's history.
Contributed to the establishment of the Grayken Program in International Real Estate at the Wharton School of the University of Pennsylvania with a leadership gift.
Established the Grayken Center for Treatment at South Shore Health with a $10 million donation in February 2019, focusing on outpatient treatment for substance use disorders.
Made a £50 million donation to the Great Ormond Street Hospital in 2022 to fund research on childhood illnesses.

Personal Life

Renounced his U.S. citizenship and became an Irish citizen for tax purposes in 1999.
Divorced his first wife after becoming a 'tax refugee' but later remarried actress Eilene Davidson, with whom he has four children.
Owns properties including Pyrford Court in Surrey and a $70 million home in Chelsea, London.
Was accused by police in Delhi in 2022 of criminal breach of trust, cheating, and criminal conspiracy regarding ownership of RattanIndia Finance.

Company Overview - Lone Star Funds

Founded Lone Star Funds in 1995, focusing on distressed assets in the U.S., Canada, and internationally.
Raised over $86 billion in capital commitments across 21 private equity funds.
Investors include corporate and public pension funds, sovereign wealth funds, and high-net-worth individuals.
Assets managed by Hudson Advisors LP, a 900-person global asset management company owned by Grayken.
Entered motion picture financing sector with LStar Capital, signing a $200 million deal with Sony Pictures in 2014.
Acquired Quintain, a UK property investment company, for £700 million in July 2015.

Company Overview - Hudson Advisors LP

Hudson Advisors LP, owned by Grayken, performs due diligence, asset management, and related services for Lone Star Funds.
Manages assets in excess of $224 billion for Lone Star Funds since inception.
Operates affiliate offices in North America, Europe, and Japan.
Formed as Brazos Advisors LLC to provide asset management services to Brazos Partners L.P.
Following Brazos Partners, Hudson Advisors LP continued to provide services to Lone Star Funds.

How long would it take you to become as rich as John Grayken?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach John Grayken's net worth of $6.64B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.35% compared to 16.28% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

John Grayken is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For John Grayken, Private Equity is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey