1. 48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO

    48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO
    • Private-equity giant Blackstone Group has promoted Jonathan Gray to replace Tony James as COO.
    • Gray, 48, has run the firm's global real estate group since 2005.
    • Gray joined the firm out of college in 1992 and has built a billion-dollar fortune in his time there.

    Alternative-asset management giant Blackstone Group has tapped 48-year-old billionaire Jonathan Gray as its next chief operating officer, the company announced Tuesday...

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    1. I've learned over the last 26 years that Jon Gray has great judgment, enormous energy and unique personal charisma, which has enabled him to garner enormous respect within the global financial community.
    2. I have spent my entire career at Blackstone and could not be more proud to be part of this firm.
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