Billionaire Profile
Lawrence Golub
Global Rank
#1230

Image: Public domain | via Wikimedia Commons

Lawrence Golub

CEO, Golub Capital
US
Real-Time Net Worth
$3.3B
As of December 2025
Age
66
Source
Private equity
Industry
finance-investments
Citizenship
US

Biography

Lawrence Golub is a prominent figure in the finance industry, known for founding and leading Golub Capital, a credit asset management firm. With an estimated net worth of $3.3 billion, he has built a successful career in private equity and direct lending. Golub's career includes pivotal roles at Allen & Company, Wasserstein Perella, and Bankers Trust Company before establishing Golub Capital in 1994. He is recognized as a key player in financing middle-market private equity deals, with the firm managing over $85 billion in capital as of October 1, 2025. Beyond his business achievements, Golub is actively involved in philanthropy, supporting research for Parkinson's disease and other charitable causes. His dedication to family and civic engagement further underscores his impact.

Wealth Over Time

In-Depth Profile

Early Life and Education

Lawrence E. Golub grew up in New York City, where his parents came from poor immigrant families. He attended Harvard College, earning a Bachelor of Arts degree magna cum laude. Golub's interest in science during high school led him to study DNA technology before he later switched his major to business. He then pursued a joint JD-MBA program at Harvard Law School and Harvard Business School, earning both degrees. He also founded the Harvard University JD-MBA Alumni Association and was selected as a Baker Scholar at Harvard Business School and as an editor of the Harvard Law Review.

Rise to Success

Golub began his career at Allen & Company Incorporated, where he engaged in private equity, leveraged finance, and mergers and acquisitions. He then became a Managing Director at Wasserstein Perella, where he established the firm's capital markets group and debt restructuring practice. In 1994, Golub founded Golub Capital, a credit asset management company, and currently serves as its CEO. The firm initially started as a buyout firm but shifted its strategy to lending after the dot-com bust of 2000. Under his leadership, Golub Capital has grown significantly, becoming a major player in financing middle-market private equity deals. The firm has over $85 billion in capital under management as of October 1, 2025.

Key Business Strategies

Golub Capital focuses on delivering financing solutions to companies backed by private equity sponsors. The firm specializes in middle-market lending, late-stage lending, and broadly syndicated loans. Golub has emphasized a disciplined, conservative approach to portfolio construction, prioritizing resiliency. Golub Capital has built a strong reputation by focusing on direct lending, which provides private equity-like returns at a lower risk. Golub stresses the importance of serving as a “finance company” and providing solutions for private equity sponsors, leading to a 90% repeat business rate.

Philanthropy

Golub is actively involved in philanthropy, supporting medical research for Parkinson's disease. He established the Sharon and Leon Golub Fund for Parkinson's Disease at the Harvard Stem Cell Institute. He has also supported various other organizations, including the American Repertory Theater and hospitals in New York and Boston.

Career Milestones

1984

Began career at Allen & Company Incorporated

Engaged in private equity, leveraged finance, and mergers and acquisitions.

1990

Managing Director at Wasserstein Perella

Established the firm's capital markets group and debt restructuring practice.

1992-1993

White House Fellow

Served as a White House Fellow under the George H.W. Bush and Bill Clinton administrations.

1993

Managing Director at Bankers Trust Company

Managed at Bankers Trust Company.

1994

Founded Golub Capital

Founded and became CEO of Golub Capital, a credit asset management firm.

Philanthropy & Social Impact

Medical Research

Golub Stem Cell Initiative for Parkinson's

$0.5B

Established with a donation to the New York Stem Cell Foundation

Medical Research

Sharon and Leon Golub Fund for Parkinson's Disease

Undisclosed

Supports Parkinson's disease research within HSCI's Nervous System Diseases Program.

Business Philosophy & Leadership

Notable Quotes

""It's for sure not a bubble," he said to a room full of financial advisors."

"“The returns from direct lending across decades are often better than half of private equity funds.”"

Leadership Principles

Disciplined Approach

Adhering to a disciplined and conservative approach to portfolio construction.

Solution-Oriented Focus

Focusing on providing financing solutions and acting as a finance company for clients.

Emphasis on Resiliency

Prioritizing the firm's resiliency in its approach to building a portfolio.