Allan Gray Biography and Wiki
Allan Gray was a South African billionaire businessman and philanthropist. He was born on April 8, 1938, as Allan William Buchanan Gray, in East London, South Africa. Gray was the founder of the privately-owned Allan Gray Investment Management, and the non-profit Allan Gray Orbis Foundation, and the Allan and Gill Gray Charitable Trust. Before he donated his stake in Allan Gray Investment Management, Gray’s net worth was estimated to have been US$10.5 billion (Rand 105 billion) in 2013.
Allan Gray Age
Gray was 81 years old as he died on November 10, 2019, in Bermuda due to a heart attack. He was born on April 8, 1938, as Allan William Buchanan Gray in East London, South Africa.
Education Education
Gray attended Selborne College for his high school. After completing high school at Selborne College, he studied accounting at Rhodes University and went on to earn an MBA at Harvard Business School in 1965. He was known to be dyslexic.
Allan Gray Family
Gray was born and raised in the South African city of East London. Allan’s family migrated from Aberdeen, Scotland to the then Cape Colony town of Butterworth in the 1890s. Gray was married to Gill Gray, and they lived in Hamilton, Bermuda. Their son, William Gray, was president of Orbis in the year 2007.
Gray died of a heart attack in Bermuda on 10 November 2019. Allan’s grandmother was the first female mayor in South Africa when she was elected mayor of Butterworth years later and had attended the University of Aberdeen. He stated that his grandmother played a large role in his future success by instilling a family focus on education.
Allan Gray Wife
Gray was married to Gill Gray, and they lived in Hamilton, Bermuda. Their son, William Gray, was president of Orbis in the year 2007.
Allan Gray Net Worth
Gray had a net worth of $1.8 billion US.
Allan Gray Photo
Allan Gray Investment Management
After Harvard, Allan started working for the asset management firm Fidelity Management and Research in Boston, where he stayed for eight years. Allan established a reputation for being a successful contrarian investor in the economic crash of 1962.
Gray returned to South Africa in 1973 to found what would become Gray Investment Management in Cape Town. The company initially focused on investment counseling, later growing to include institutional clients. Allan then set up Orbis Investment Management in 1989 in London to focus on investing in international markets. Two years later the company relocated its headquarters to Bermuda. By the year 2015, Orbis was managing over $30 billion in assets. Similarly, Orbis’s sister company, Gray Investment Management grew to be South Africa’s largest privately-held investment management firm, managing over $35 billion in client capital, making Gray one of Africa’s richest men, with a net worth above $2 billion. The return on investment from Gray along with Orbis since its founding is comparable in success to Warren Buffett’s firm Berkshire Hathaway.
Allan Gray Orbis Foundation,
Gray established the Allan Gray Foundation in the year 2007 with a US$130 million endowment to fund bursaries as well as scholarships for talented South African high school students. This was the largest single recorded donation to a charity in South Africa at the time. In the year 1979 Gray founded the Allan and Gill Gray Charitable Trust.
In 2016 he donated his entire stake in his company to the Allan along with Gill Gray Charitable Trust so that dividends from his share in both the South African company as well as the Orbis Group can be exclusively used for philanthropic purposes.
Allan Gray Awards
2012: Honorary Doctor of Economic Science from the University of Cape Town.
Frequently Asked Questions About Allan Gray
Who is Gray?
Gray was a South African billionaire businessman and philanthropist.
How old is Gray?
Gray was 81 years old as he died on November 10, 2019, in Bermuda due to a heart attack. He was born on April 8, 1938, as Allan William Buchanan Gray in East London, South Africa.
How tall is Gray?
Gray had an average height and has moderate weight.
Is Gray married?
Gray was married to Gill Gray.
How much is Gray worth?
Gray had a net worth of $1.8 billion US.
Where does Gray live?
Gray died on November 10, 2019, in Bermuda due to a heart attack.
Is Gray dead or alive?
Gray was 81 years old as he died on November 10, 2019, in Bermuda due to a heart attack.
Where is Gray Now?
Gray was a South African billionaire businessman and philanthropist. He died on November 10, 2019, in Bermuda due to a heart attack.
Gray Social Media Contacts
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