| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $8 billion | N/A | January 6, 1944 | Tulsa, Oklahoma | Male | N/A | Businessman, Investor | American |
What is Henry Kravis’s Net Worth?
Henry Kravis has a net worth of $8 billion. He accumulated his wealth as the co-founder of the investment company Kohlberg Kravis Roberts & Co, a multinational private equity firm specializing in leveraged buyouts.
Highlights
– Henry Kravis has a net worth of $8 billion.
– He co-founded Kohlberg Kravis Roberts & Co in 1976.
– Kravis earned his fortune through numerous transactions, including the leveraged buyout of RJR Nabisco.
– He is known for his support of Donald Trump and his involvement in Republican politics.
– Kravis is actively involved in philanthropic endeavors.
Early Life
Henry Kravis was born on January 6, 1944, in Tulsa, Oklahoma. His parents, Bessie and Raymond, were of Jewish descent. His father was a successful oil engineer and had previously been a business partner of Joseph Kennedy. Kravis attended Eaglebrook School and Loomis Chaffee School for his primary and secondary education. He went on to study economics at Claremont McKenna College and earned his MBA from Columbia Business School in 1969.
Career
After completing his MBA, Kravis joined the investment firm Bear Stearns, where he worked alongside his cousin George R. Roberts and corporate finance manager Jerome Kohlberg Jr. In the early 70s, they made notable investments and completed some of the earliest leveraged buyouts in private equity history.
In 1976, Kravis, Roberts, and Kohlberg left Bear Stearns and founded their own investment company, Kohlberg Kravis Roberts. The firm gained recognition for its leveraged buyout of RJR Nabisco in 1989, which was the largest buyout in history at that time. Over the years, KKR has had successful investments in companies like Playtex, Safeway, and Regal Entertainment Group.
Personal Life
Henry Kravis has been married three times. His first marriage was to Hedi Shulman, with whom he has three children. After their divorce, he married socialite and fashion designer Carolyne Roehm, but their marriage also ended in divorce. Kravis married Canadian businesswoman Marie-Josée Drouin in 1994. He owns multiple houses in locations such as New York City, Palm Beach, Sharon, Connecticut, and Paris, France.
Net Worth Over Time
Henry Kravis’s net worth has fluctuated over time due to his investments and business ventures. As of now, his net worth is estimated to be $8 billion, making him one of the wealthiest individuals in the world.
Components of Net Worth
Henry Kravis’s net worth primarily consists of his ownership stake in Kohlberg Kravis Roberts & Co and his various investments. Over the years, he has earned significant returns from leveraged buyouts and other profitable investments through his company. Additionally, Kravis has made wise investment decisions in a range of companies, further contributing to his net worth.
Overall, Henry Kravis’s business acumen and expertise in leveraged buyouts have resulted in a substantial net worth. He continues to be actively involved in the financial industry and pursue philanthropic endeavors alongside his successful business ventures.
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