Meet the founder and CEO of an innovation-driven enterprise (Madison Industries) and a visionary philanthropist, Larry Gies, who has donated substantial amounts to various causes in the community. His charitable work led to the University of Illinois’ business school being renamed after Larry Gies to honor him. 

This article reveals how this American businessman built himself a $15 million net worth over time.

Early Life

Larry Gies was born in Decatur, Illinois, USA, into the family of Larry on October 17, 1964, and he was raised along with two of his siblings. Geis’s childhood was quite challenging, as his parents weren’t so rich.

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What is Larry Gies’s Net Worth?

Larry has a net worth of $15 million, making him one of the richest people in the world. His wealth and charitable activities have made him popular around the world.

Yearly Earnings, Monthly Income, and Salary

There is no specific information about Larry Gies monthly and yearly earnings; however, most of his earnings come from his business, Madison Industry. 

Education

Larry Geis is a master’s degree holder. His commitment and resilient nature to his educational pursuits made him succeed along his path from high school to master’s degree holder.

Geis attended Eisenhower High School and graduated in 1982. He furthered his studies at the University of Illinois at Urbana-Champaign, where he majored in accounting and finance and graduated in 1988. After he had obtained a bachelor’s degree in accounting and finance, he furthered his education by earning a master’s degree from Northwestern University.

In addition, while he was at the University of Illinois at Urbana-Champaign, he engaged himself in extracurricular activities, which have shaped him to become a better person. He participated in a number of school organizations, including the Student Alumni Association, the Business Honors Program, and the Illini Entrepreneurship Network.

Professional Life

One of the biggest and fastest-growing privately held businesses in the world, Madison Industries, was established by Larry Gies. He has not only founded Madison Industries, but he also serves as its CEO.

Larry Gies founded Madison Industries in 1994 with the goal of improving safety, health, and productivity on a worldwide scale through innovations in fields like filtration, energy, and medicine. Under his leadership as the CEO of the company, he has grown Industries to include 178 sites in 31 countries, 10,000 employees, and 500 owner-managers.

Marital Status 

Larry Gies is married to a supportive wife named Beth Gies, and they are blessed with three children. Gies’s wife has been supportive, as his husband, Larry Gies, once claimed that she is the reason behind the success of his business.  

Larry Gies Age, Height and Weight

As of the time of writing in August 2023, Larry Geis is 58 years old. He weighs 76 kilograms and is 5 feet 10 inches tall.  

Larry Gies’ Remarkable Philanthropic Impact

Larry is a perfect example of an accomplished entrepreneur who goes beyond what is necessary. He is a charitable person, as he uses his success to advance numerous causes within his communities and Alma Mata.

In 2017, he made a $150 million donation to the University of Illinois’ College of Business, which resulted in the college being renamed the Gies College of Business.

Larry Gies charitable activities also include the founding of the Gies Campus of the Chicago Jesuit Academy, financial support for Northwestern University and other educational institutions, and the establishment of The Gies Foundation, which focuses on health and education-related projects. 

Gies humanitarian activities also include giving to charities like the Misericordia Heart of Mercy Center and the Lucile Packard Foundation.

Quick Information About Larry Gies

Personal Details

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Conclusion

Larry Gies is an example of an innovative businessman and devoted philanthropist. From humble beginnings, he amassed a $15 million net worth through Madison Industries, his innovative company. Gies’s dedication to learning propelled him from high school to a master’s degree, and his education helped in the development and successful leadership of Madison Industries.