William Conway, Jr.
McLean, Virginia
Bachelor of Arts/Science, Dartmouth College
United States
Carlyle Group
8
private equity, Self Made
$3,000,000,000
838
4
#838 Billionaires 2019
#280 Forbes 400 2018
William Conway Jr. is one of three billionaire founders of private equity firm Carlyle Group.Conway stepped down as co-CEO in January 2018 and now serves as co-executive chairman with cofounder and billionaire David Rubenstein.The trio took Carlyle public on the Nasdaq exchange in 2012, and the firm now has about $210 billion in assets under management. They used their Beltway connections--George H.W. Bush was among their advisers--to invest in defense-oriented companies. Before founding Carlyle he was the chief financial officer of telecom company MCI Communications. Conway is a big donor to poverty alleviation and education. His most recent pledges include $10 million to University of Maryland School of Nursing.
Conway was owner of Merrywood, Jackie O's childhood home in McLean, Virginia, until 2005 when he sold the estate to former AOL CEO Steve Chase for $24.5 million.Conway went to night school for his MBA at the University of Chicago Booth School.
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