Greg Mondre is the CEO of Silver Lake, a New York-based private equity group. He’s an American businessman and entrepreneur who has earned a fortune in the financial industry. How do you turn a passion and talent into a billion-dollar estate? He knows the secrets because it’s what he’s done in a 21-year career. Mondre’s career journey is of particular interest to economics and business students. His status makes him an excellent role model. Here are ten things that you didn’t know about Greg Mondre that you might find inspirational.
1. Mondre shares the job of CEO
Greg Mondre tackles the job of CEO with his partner at Silver Lake. He serves as co-CEO of the global private equity firm. He joined the team in 1999 and came on board as a founding principal of the company. He previously served at the posts of Managing Partner and Managing Director between 2013 and 2019. He has come a long way in his career. He moved to increase levels of responsibility into executive leadership, according to the Silver Lake Website.
2. He left Texas Pacific Group for Silver Lake
Before Greg Mondre joined the Silver Lake team, he worked with the Texas Pacific Group. His main area of focus at this job was in private equity investments. Although this covered a range of different industries, he concentrated on the technology sector.
3. Mondre earned his bachelor’s degree
Greg enrolled in the business program at the Wharton School of the University of Pennsylvania. It was there that he earned his bachelor’s of science degree in the economics program. With a 4-year degree in hand, Greg went out and made a killing in the financial sector of the business world. He’s keen on investment strategies. While some of the most successful business people go on for a master’s degree, Mondre gained the knowledge needed without the need for an advanced degree. He has learned a great deal from the experience he has gained working in the financial field.
4. He started as a broker
According to the Expedia Group, Greg Mondre didn’t start at the top when he first launched his career. Early in his career, Greg joined Goldman, Sachs & Co. in the Communications, Media and Entertainment division of the company. His title at the firm was an investment banker. He worked his way up through the ranks over time. Working at Goldman Sachs was an excellent resume-building experience.
5. Mondre is civic-minded
As many great leaders, Greg Mondre maintains a strong involvement in his local community. He serves as a director for the community elder program that is called A Place for Mom, Inc. A Place for Mom, Inc., is an organization that promotes quality placement for women in their elder years who require assisted living services in their golden years.
6. Greg serves on multiple boards
Mondre’s expertise in the financial sector is highly valued. He serves as a director on several boards for large corporations, offering his advisement in financial and strategic planning for the groups. These include Motorola Solutions Fanatics, Inc, Red Ventures, WP Engine, Weld North Education, and for the Expedia Group, Inc.
7. He has a long history of community service
Before joining the current board of directors, Greg Mondre served on several other community and corporate boards. Although he no longer occupies these posts, he offered advisement to GoDaddy, Inc., the Sabre Corporation, Network General Corporation, Vantage Data Centers LLC, UGS Corporation, Avaya, and IPC Systems, Inc. Although he’s busy with his career, he makes time to remain involved in helping other companies to achieve success.
8. Mondre is on the Forbes list of billionaires
Forbes lists Mondre, as number 1730 on its prestigious list of billionaires for 2020. He has achieved a net worth of $1.2 billion as of October of 2020. Mondre is among the wealthiest people in the world today. Remarkably, he has done so by the age of 46. Mondre is an influential businessman in the financial industry. The story of his journey is inspirational for those who are just starting in their careers.
9. Greg Mondre is a self-made billionaire
Forbes continues to acknowledge that Mondre is a self-made success within the private investment industry. Forbes analyzes how a person earns their fortune, and the group factors in any outside assistance that an individual has had in reaching their current financial status. According to their calculations, most of Mondre’s fortune is the result of his hard work and dedication to achieving success. He accomplished this by making wise decisions and investments with little outside help. We see that Greg has remained dedicated to achieving success. Mr. Mondre hasn’t let the setbacks in life deter him from moving on from one success to the other.
10. Mondre shares his opinions with Wharton students
Greg Mondre has not forgotten where he comes from, nor those who have been instrumental in helping him establish his knowledge base. He continues to support the Wharton School of Business by giving talks to the students and staff of the campus. Although he’s had a few failures since starting his career, the majority of his ventures have been successful. According to Wharton Magazine, Greg has spoken at a brown bag luncheon for undergraduate students at Wharton. He talked about the ups and downs of his career, pointing out that in this industry, you have to make some tough decisions, and sometimes you will make mistakes, but that you must learn from them and keep a level head, always looking inside with introspection. He encouraged students to develop a 10-year plan and to stick to it no matter what happens. He freely shared the lessons that he has learned throughout his life and how his experiences have changed his life. Mondre has a lot to be proud of, but he is remarkably down to earth. When he speaks to student groups, he offers a positive outlook with tips and pointers for moving past the inevitable problems that will arise.