Larry Gies Net Worth: The Path to Philanthropic Success

Last updated on: February 27, 2024

Published on: February 27, 2024

Larry Gies is an American businessman and philanthropist. He is the founder and CEO of Madison Industries, a privately held company based in Chicago, Illinois, that operates to enhance global safety, health, and productivity via the development of creative solutions that provide exceptional value to customers. Madison Industries is known for acquiring and managing a diverse portfolio of companies. Larry Gies has also been involved in various philanthropic activities. He and his wife, Beth, are known for their charitable contributions and engagement in social impact initiatives. In this article, we will delve into Larry Gies net worth, early life, career and achievements.

Larry Gies Net Worth

Larry Gies’s net worth in 2024 is between $7 and $15 million. He makes money from his successful business, Madison Industry. He is also a philanthropist and is often invited as a speaker in shows. He is also a board member of Northern University.

Larry Gies Experiences and Credentials

Larry Gies was raised in Mendota, a LaSalle County village that has little over 7,000 residents. The first person in his family to earn a college degree was his father, who worked for a manufacturing firm. Raising Larry and his sister Rhonda, his mother Rachel never completed the eighth grade and instead stayed at home.

Gies had decided very early in the fifth grade that he wanted to own and operate his own company one day. He enjoyed going to the manufacturing facility with his father on the weekends, and he eventually spent the summers working there. Following graduation from college, Gies went on to operate a number of businesses that Heisley acquired around the nation.

Larry Gies Professional Journey

Larry Gies began his career at what is now Deloitte after graduating in 1988. He then obtained an MBA from Northwestern University, where he is presently a board member. In 1994, at the age of 27, Gies founded Madison Capital Partners following a few years of employment at Heisley.

At first, he drew companies and entrepreneurs who improve the safety, health, and productivity of the globe to Madison.

Madison Industries currently produces items that assist cars in lowering their carbon emissions and enhancing the quality of the air inside homes, offices, and educational facilities. It has the pens used by surgeons to cut, cauterize, and remove smoke plumes that can injure patients’ and physicians’ lungs. It produces a component for a machine that purges the blood of germs in order to safeguard the country’s blood supply.

In the 25 years since he established Madison Industries, Larry Gies has developed his business into a $5 billion global manufacturing giant.

Larry Gies Endorsements and Skills

Alumni Larry and Beth Gies gave the Business School of Illinois University a US $150 million donation in 2017, and the institution was renamed the Gies College of Business in their honour. The Leading Business School of Illinois University is now known as Gies College of Business.