7 of 40
BACKNEXT
7. Jonathan Gray
Jonathan Gray
Senior Managing Director, Blackstone
Age: 39
Marital status: Married
Highest Education: Bachelor's degree

The native Chicagoan went straight to Blackstone from Wharton in 1992 and fast became a star in its real estate division, best known for the $39 billion purchase of Equity Office Properties in 2006.

Gray immediately flipped hundreds of buildings in the portfolio for $30 billion just before the market crashed -- and put in just 50% of the equity for the properties he retained, making the deal one of the smartest of the era. Gray now has $12 billion to invest, more dry powder than any other firm.

Sports allegiance: "Rabid" Cubs fan is warming to the Yankees.

NEXT: Jason Kilar

Last updated March 26 2010: 10:26 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Note: To be eligible for Fortune's 40 under 40, candidates had to be 39 or younger on Nov. 1, 2009.
List compiled by Alyssa Abkowitz, Maha Atal, Katie Benner, Scott Cendrowski, Lawrence Delevigne, Telis Demos, Jessi Hempel, Suzanne Kapner, Mina Kimes, Beth Kowitt, Jessica Shambora, Richard Siklos, Kim Thai, Christopher Tkaczyk and Jia Lynn Yang. Research by Marilyn Adamo and Doris Burke.
40 under 40
20 highest paid
20 highest paid
Which young executives at public companies raked it in - and how much did they earn? More
They're hiring!
They're hiring!
These stars on our list have great jobs to fill. What are they looking for and how can you impress them? More
'My biggest mistake'
'My biggest mistake'
The folks on our list may be remarkable, but they're not perfect. Here are the decisions they most regret in their careers. More
Contact Us Closed Captioning Manage Cookies+ Site Map

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.