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. Marries Mindy Basser, a fellow University of Pennsylvania student. Mindy is actively involved at the Harlem Village Academies charter schools and sits on the Leadership Council of Peer Health Exchange, an organization dedicated to giving teens a comprehensive health education. Valuations are So, I became a Board Member in 2004, and an Executive Committee Member in 2007. Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. [28], The Grays have donated over $150 million to BRCA cancer research. 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. Now, Domchek and her colleagues are taking aim at interception. While the average woman has a 12% and 1.3% chance, respectively, of developing breast and ovarian cancer, harmful BRCA mutations increase the chance to as high as 72% and 44%, according to the National Cancer Institute. Mindy's sister, Faith with son, Logan. [5] He was elected Phi Beta Kappa. 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. At the time of its . At the very least, we want to develop a tool that can discover disease well before it presents itself. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. 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. All rights reserved. This field is for validation purposes and should be left unchanged. Blackstone president Jonathan Gray and his wife, Mindy Gray. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world. 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Each net worth figure is updated every business day after the close of trading in New York. Jon and Mindy Gray founded the Gray Foundation in 2014, with two distinct missions: BRCA-Related Cancers, accelerating research, improving treatment and raising awareness for individuals who have inherited BRCA mutations. Mindy Gray: Faith was my mentor, my guide, my role model. The Basser enter was named in honor of Faith asser, Mindy's sister who died of BRCA-related ovarian cancer at the age of 44. 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. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. Jon Gray is the Co-Founder of the Gray Foundation. 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. My father is 94 and a first-generation American and my mother is first generation as well. Women with BRCA 2 mutations have a 50-70% lifetime risk of developing breast cancer and a 10-20% lifetime risk of developing ovarian cancer. Jon Gray's net worth of No surprise that she was also an incredible, and incredibly doting, mom. My father is 94 and a first-generation American and my mother is first generation as well. [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. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. Pat Morin is the Scientific Advisor for the Gray Foundation. 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. Jonathan D. Gray is married to Mindy Basser Gray. I am also a Philadelphia native and my parents still live there. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. Gift will support first-generation, low-income students, Grays also founded Basser Center for BRCA at their alma mater. Stakes in publicly traded companies are valued using the share's most recent closing price. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. She is the Vice-Chairperson and Treasurer of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. He began his careerat Johns Hopkins University School of Medicine, where he becameDirector of the Division of Hematology, the Johns Hopkins Family Professor in Oncology Research, the Vice Dean for Research and Director of the Hopkins Institute for Cell Engineering. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. She holds an MPH from the Harvard T.H. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. [1] He is also chairman of Hilton Worldwide. 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. My sister Faith was a serious discount shopper. 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. In 2016, he ranked #1 on Commercial Observer's "Power 100" ranking of the most powerful people in New York City real estate. 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. [5] His parents divorced when he was young. 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. [43] He lives in Manhattan with his wife and their four daughters. Source: Daniel Burke Photo&Video via University of Pennsylvania. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. The money will support research on cancer "interception" detecting abnormal, cancerous cells at the earliest stages and disrupting their progress before the disease gets underway. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. 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. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? Mindy Gray: My sister Faith had a BRCA 1 gene mutation. Graduates magna cum laude from University of Pennsylvania. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? [11], In 2013, Gray helped create a business venture through Blackstone called Invitation Homes to buy foreclosed single-family houses and turn them into rentals. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. Jon currently serves as Chairman of the Board of Hilton Worldwide. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? 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. 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. . 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. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. Charlotte is the Program Officer at the Gray Foundation. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. [41] In 2021 the Gray Foundation contributed $15 million to a program that opens a college savings account with $100 for every child enrolled in New York City public kindergartens. 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. The Grays donated $25 million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. No surprise that she was also an incredible, and incredibly doting, mom. OCRF: Why did you join OCRFs Board of Directors? Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. Learn more about our policy positions and discover how you can take action. Her mother is a legal assistant at Schubert, Bellwoar, Mallon & Walheim, a law firm in Philadelphia. 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. The index is a dynamic measure of personal wealth based on changes in markets, the economy and The couple has supported the University throughout their 25 years since graduation. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. View Mindy Basser Gray's record in Willows, CA including current phone number, address, relatives, background check report, and property record with Whitepages. December 14, 2012 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. On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for research on pernicious genetic mutations that can lead to breast and ovarian cancer. 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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. Both Mindy C'92 and Jon Gray C'92 . The occasion was a fundraiser for the Basser Center for BRCA, which they founded . Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. My sister Faith was like a mother and best friend rolled into one, remembers Mindy. Pat has served on numerous grant study sections for both national and international organizations. 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. It wasnt until after Faiths death that the family found out she inherited mutated BRCA genes. 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. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. 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. Meet Rajiv Jain, The Asset Management Billionaire Backing The Embattled Adani Group, Inside Mediobanca, The Investment Bank Making Record Profits Taking Italys Biggest Brands Public, Checks & Imbalances: Trump Collaborates On Song With Jan. 6 Prisoners, Ethics Panel Publishes Inquiry Into AOC, Trump And Jan. 6 Prisoners Collaborate On New Song Called Justice For All, Alexandria Ocasio-Cortez Likely Violated Ethics Laws With Met Gala Appearance, Says House Ethics Office, Exclusive: Mark Zuckerberg And Priscilla Chan On Their New Biohub In Chicago And How They Plan To Spend Billions To Help Others Cure Or Manage Disease, Exclusive: New Investigation Reveals Gautam Adanis Older Brother As Key Player In Adani Groups Biggest Deals, Checks & Imbalances: Trumps Tower Of Lies, Pompeos Book Sales. 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. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. We endure this loss each and every day. 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. . Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Anyone can read what you share. We wanted to create a center that would be focused on this mutation, which would provide research, and support, and care, and thats why we founded the Basser Center.. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. His father is a senior associate at Premier Business Group, investment advisers in Buffalo Grove, Ill. His stepfather, James Florsheim, is a senior vice president of the Chicago Corporation, an investment bank in Chicago. [15], In February 2018, it was announced that Gray would become president and chief operating officer of Blackstone, replacing Hamilton "Tony" James. You believe in a theme, I believe in global logistics, or I believe in midstream assets or whatever it is, and I find a great management team and go all in on that.. 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 . Dana Zucker is the Chief Executive Officer of the Gray Foundation. I am also a Philadelphia native and my parents still live there. Those who know me know I took this one to heart. 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. She also previously directed the NYC Department of Educations Office of Strategic Partnerships, ran after-school and summer programs in the Bronx and Washington Heights, and taught English at Riverdale Country School. [27], In February 2023, the Grays were named to The Chronicle of Philanthropys list of the 50 biggest donors in 2022. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. 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. 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. Assumes role of president and chief operating officer of Blackstone. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. "[18] Gray later contracted COVID-19 and sent CFO Michael Chae to the event instead.[19]. 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. 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 calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Edme Firth Fund for Research in Ovarian Cancer. 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. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. This is more proactive investing than reactive, says Mindy Gray. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. The veteran oncology researcher quickly came up with an idea: To host a symposium where leading BRCA experts could gather and discuss issues in the field. 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. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Gray has been a major Democratic donor, backing Hillary Clinton in 2016[21] and several Democratic presidential candidates in the 2020 election[22][23][24][25], The Gray Foundation was launched in 2014, focusing on inherited BRCA mutations and increasing access to education and healthcare for low-income youth in New York City. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. The Grays donated $25million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. from the Wharton School. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. seldin company email address, ,