Larry Gies is a prominent businessman, philanthropist, and investor known for founding and leading Madison Industries, one of the world’s most successful privately-held companies. He is also a leading figure in promoting education and health through his work with the Gies Foundation and various educational institutions. With a net worth of $3 billion, Larry Gies is an inspiration to many entrepreneurs, investors, and philanthropists worldwide.
In this blog post, we will delve deeper into the life, achievements, and philanthropic endeavors of Larry Gies. We will explore his background, education, business acumen, family, net worth, age, and his commitment to making the world a better place through education and healthcare.
Larry Gies Biography
|Real name||Larry Gies|
|Date Of Birth||May 4, 1966|
|Age||57 years old|
|Hometown||Mendota, Illinois, U.S.|
|Net Worth||$3 billion|
|Profession||Businessman, philanthropist, and investor|
Larry Gies was born in Mendota, Illinois, in the United States on May 4, 1966. He grew up in a blue-collar family and learned the value of hard work from an early age. He attended Mendota High School, after which he went to the University of Illinois.
After graduating from the University of Illinois, where he studied accounting and finance, he began his career at Arthur Andersen. However, his entrepreneurial spirit soon led him to start his own business, and in 1994, he founded Madison Industries.
Since its inception, Madison Industries has grown into one of the largest privately held companies in the world. Larry Gies has always been committed to building market leaders that create innovative solutions to make the world a better place.
His leadership style is centered on empowering his team to achieve their highest potential while building something that will outlast them.
Madison Industries focuses on creating innovative solutions that deliver outstanding customer value in industries such as filtration, medical, safety, rescue, firefighting equipment, and more. The company has built market leaders in several industries with a combined revenue of over $10 billion.
Under Larry Gies’ leadership, Madison Industries has grown into a global business, employing over 6,000 people worldwide.
The company’s success is attributed to Larry Gies’ entrepreneurial spirit, commitment to innovation, and passion for delivering exceptional customer value.
Aside from his business acumen, Larry is a leading figure in promoting education and health through his work with the Gies Foundation.
The foundation focuses on democratizing education and enhancing health by supporting various educational initiatives and healthcare organizations.
Larry is passionate about improving education outcomes, particularly for underprivileged children. He played a significant role in establishing the Gies Campus of Chicago Jesuit Academy, a full-scholarship school for boys in 3rd-8th grades on Chicago’s West Side.
Through this initiative, Larry Gies is helping to provide a high-quality education to young boys who may not have had the opportunity otherwise.
Larry Gies and his wife, Beth Gies, are also known for their philanthropic contributions to various educational institutions, including Northwestern University and the University of Illinois.
In 2017, the couple made a historic donation of $150 million to the University of Illinois at Urbana-Champaign, which was the largest gift in the university’s history.
This donation was used to establish the Gies College of Business, which aims to provide world-class business education to students from diverse backgrounds.
He serves on the boards of Northwestern University, Amsted Industries, and the Accelerate Institute, which is focused on closing the “achievement gap” in United States education.
Gies is also recognized for his leadership qualities and is a featured speaker at various institutions worldwide. He is known for his commitment to coaching others to reach their highest potential and building something remarkable that will outlast him.
Larry Gies’ Wife and Children
Larry Gies is a family man who is married to his college sweetheart, Beth Gies. They have been married for 28 years and have two sons and one daughter.
Larry and Beth met while they were both undergraduate students at the University of Illinois, and their relationship has endured for 35 years.
Larry Gies Age
Larry Gies was born on May 4, 1966, and is currently 57 years old.
Larry Gies Net Worth 2023
As of 2023, Larry Gies’ net worth is estimated to be $3 billion, according to Forbes. This fortune is a result of his entrepreneurial success with Madison Industries, one of the largest privately held companies in the world, which has built market leaders in various industries with combined revenues exceeding $10 billion.