William E. Conway Jr.

William E. "Bill" Conway Jr. (born August 27, 1949) is an American businessman and investor. He is the co-founder of The Carlyle Group.[3][4][2]

For other people named William Conway, see William Conway (disambiguation).

William E. Conway Jr.
Born
William Elias Conway Jr.

(1949-08-27) August 27, 1949[1]
Lowell, Massachusetts, U.S.
EducationDartmouth College (AB)
University of Chicago Booth School of Business (MBA)
OccupationManaging Director of the Carlyle Group
Net worth US$3.2 billion (August 2018)[2]
ChildrenWilliam Elias Conway III

Early life

Conway received his undergraduate degree from Dartmouth College in 1971[5] and an MBA from the University of Chicago Booth School of Business.[3][4][2]

Career

He started his career by serving in a variety of positions in corporate finance, commercial lending, workout loans and general management for almost ten years with First National Bank of Chicago.[3][4] From 1981 to 1986, Conway had worked in various financial positions at MCI Communications being named senior vice president and chief financial officer in 1984.[3][4] In 1987, he co-founded Carlyle with David Rubenstein and Daniel D'Aniello.[3][4][2][6]

He has served as the chairman of the boards of Nextel Communications and United Defense Industries.[6] He has made charitable donations to the Catholic Church.[3] As of March 2018, he is the 859th richest person in the world, and the 293rd richest in the United States.[2] He is worth US$2.8 billion.[2]

Political activities

Conway's son, also named Bill Conway, ran in the 2020 Democratic primary election for Cook County State's Attorney against incumbent Kim Foxx. Conway donated $10.5 million of his personal fortune to his son's ultimately unsuccessful campaign.[7][8][9]

Personal life

In 1999, Conway bought Merrywood, the childhood home of Jackie Kennedy, from Alan I. Kay for $15.5 million. Less than a year later, however, he sold it to Steve Case, the former CEO of AOL and his wife, Jean Villanueva, for $24.5 million.[10][11] Today, he and his wife live in McLean, Virginia.[2] He and his wife have one child, son William Elias Conway III.

The nursing school of the Catholic University of America, the Conway School of Nursing, is named after him and his wife.[12]

References
  1. Date of birth of Bill Conway, Journal Officiel du Grand-Duché de Luxembourg, May 2004; accessed May 1, 2015.
  2. "William Conway Jr. Profile". Forbes Magazine.
  3. "William E. Conway Jr". carlyle.com.
  4. "Directors". Carlyle Capital Corp.
  5. "Dartmouth Class of 1971 Honor Roll". Dartmouth. Retrieved March 9, 2018.
  6. Patrick McGeehan, 'Look Who Hit Pay Dirt in the Nextel Deal', in The New York Times, December 19, 2004
  7. Illinois Campaign for Political Reform. "Friends of Bill Conway". Illinois Sunshine. Retrieved February 24, 2020.
  8. Hinton, Rachel (March 18, 2020). "For Kim Foxx, Jussie Smollett proved 'a blip' for primary voters". Chicago Sun-Times. Retrieved March 18, 2020.
  9. Hinton, Rachel (January 10, 2020). "State's attorney challenger Conway gets another $2.3 million from billionaire dad, fueling spat with incumbent Foxx". Chicago Sun-Times. Retrieved February 15, 2020.
  10. Washingtonian Staff (April 23, 2019). "Who Are the Richest People in Washington?". Washingtonian. Retrieved September 24, 2020.
  11. Gilgore, Sara (May 30, 2018). "Steve Case's McLean estate sells for $43M — a new record". Washington Business Journal. Retrieved September 24, 2020.
  12. https://communications.catholic.edu/news/2019/06/conway-gift.html
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