<figure><img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ivbQWpLyJ9D4/v7/-1x-1.png"><figcaption><div><p>Source: Bloomberg, 24:50</p></div><div></div></figcaption></figure><p>What does it take to lead through a near-disaster and turn it into a $14 billion win? In this episode, Blackstone President and Chief Operating Officer Jon Gray shares lessons from the financial crisis, revealing why staying calm, backing the right businesses and building trust can make or break a leader. He also opens up about shaping culture, retaining top talent and leading with humanity&#x2014;offering a rare inside look at how one of the world&#x2019;s biggest investment firms navigates uncertainty.</p>

What does it take to lead through a near-disaster and turn it into a $14 billion win? In this episode, Blackstone President and Chief Operating Officer Jon Gray shares lessons from the financial crisis, revealing why staying calm, backing the right businesses and building trust can make or break a leader. He also opens up about shaping culture, retaining top talent and leading with humanity—offering a rare inside look at how one of the world’s biggest investment firms navigates uncertainty.

Leaders With Francine Lacqua: Blackstone's Jon Gray

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