Henry Kravis’s profile picture

Henry Kravis

Co-Chair and Co-CEO, KKR & Co.
Henry Kravis’s profile picture
Net worth 2018: $5.4 Billion
Industry: Investments
Residence: New York, New York
Country: United States
BirthDay: 6 January 1944
Sigh: Aquarius
Children: 2
Education: Bachelor of Arts / Science, Claremont McKenna College; Master of Business Administration, Columbia Business School
BIOGRAPHY

Henry Kravis was bornon 6 January 1944 in New York, New York, United States, is Co-Chair and Co-CEO, KKR & Co.. Henry Kravis is #368 in List Billionaires People In The World. Henry Kravis cofounded private equity firm Kohlberg Kravis & Roberts with his cousin, George Roberts, and Jerome Kohlberg (d. 2015) in 1976. In 1989, KKR orchestrated the $25 billion buyout of RJR Nabisco; the deal became the basis of the bestselling book "Barbarians at the Gate." In 2007, KKR and 2 other firms took utility TXU private in a $45 billion buyout. Renamed Energy Future Holdings, it filed for bankruptcy in 2014. Kravis and Roberts took KKR public on the New York Stock Exchange in 2010. Kravis increased a $100 million gift to Columbia University Business School to $125 million in September 2015.

NET WORTH STATISTIC
2009

$3.8 Billion

2010

$3.4 Billion

2011

$3.7 Billion

2012

$4 Billion

2013

$4.7 Billion

2014

$5 Billion

2015

$4.8 Billion

2016

$4.5 Billion

2017

$5 Billion

2018

$5.4 Billion

TIMELINE
2017

In 2017, he also contributed one million dollars to Donald J

2013

On December 24, 2013, KKR closed their first real estate specific investment fund, which raised $1

2011

He is a trustee of the Council on Foreign Relations in New York, Chairman of Sponsors for Educational Opportunity, and is a member of the executive committee of The Business Council for 2011, 2012, 2013 and 2014

2006

Kravis Prize in Nonprofit Leadership, established in 2006, identifies extraordinary leaders in the nonprofit sector, celebrates their accomplishments and shares their best practices with others

1997

In 1997, Henry Kravis joined with Lewis M

1995

In early 1995, KKR divested its remaining holdings in RJR Nabisco, taking an overall loss on the deal

1992

He was also a major contributor to the 1992 re-election campaign of President George H

1990

The home decorated for the couple by Robert Denning and Vincent Fourcade was parodied in the 1990 movie The Bonfire of the Vanities

1988

Under Kravis and Roberts the firm was responsible for the 1988 leveraged buyout of RJR Nabisco

1985

Kravis later married New York designer Carolyne Roehm (born Carolyne Jane Smith) in 1985, but the marriage ended in divorce in 1993

1979

He previously co-chaired with Jerry Speyer the influential Partnership for New York City, founded by David Rockefeller in 1979, and now sits on its board of directors

1978

By 1978, with the revision of the ERISA regulations, the nascent KKR was successful in raising its first institutional fund with approximately $30 million of investor commitments

1976

By 1976, tensions had built up between Bear Stearns and the trio of Kohlberg, Kravis and Roberts leading to their departure and the formation of Kohlberg Kravis Roberts in that year

1967

He graduated from CMC in 1967 before going on to Columbia Business School, where he received an MBA degree in 1969

1965

In the following years Kohlberg and later Kravis and Roberts would complete a series of buyouts including Stern Metals (1965), Incom (a division of Rockwood International, 1971), Cobblers Industries (1971), and Boren Clay (1973) as well as Thompson Wire, Eagle Motors and Barrows through their investment in Stern Metals

1960

Working for Bear Stearns in the late 1960s and early 1970s, Kravis, alongside Kohlberg and Roberts began a series of what they described as "bootstrap" investments

1944

Kravis (born January 6, 1944) is an American businessman, investor, and philanthropist

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