Henry R. Kravis (born January 6, 1944) is an American businessman. He is the co-founder of Kohlberg Kravis Roberts & Co., a private equity firm with $94.3 billion in assets as of December 31, 2013. He has an estimated net worth of $4.8 billion as of September 2015, ranked by Forbes as the 108th richest man in America and the 278th richest man in the world.
Early life
Kravis was born into a Jewish family in Tulsa, Oklahoma, the son of Bessie (née Roberts) and Raymond Kravis, a successful Tulsa oil engineer who had been a business partner of Joseph P. Kennedy. Kravis began his education at Eaglebrook School, (’60) followed by high school at the Loomis Chaffee School, where he participated in student government and was elected vice president of the student council his senior year. He attended Claremont McKenna College (then known as Claremont Men’s College) and majored in economics. He was a member of the CMC varsity golf teams for four years and was a member of the Knickerbockers student service organization. He served as his sophomore class Secretary/Treasurer. He graduated from CMC in 1967 before going on to Columbia Business School, where he received an MBA degree in 1969.
Henry Kravis has an estimated net worth of $5.04 billion as of March 2017, according to Bloomberg. Henry Kravis was previously listed by Forbes as the 281st richest billionaire in the world and 88th richest man in the United States. He is a co-founder of Kohlberg Kravis Roberts & Co, which is a private equity firm with more than $62 billion worth of assets.
Kohlberg Kravis Roberts & Co was founded in 1976 due to the tension which built up between Bear Stears and the dynamic trio, Kohlberg, Kravis and Roberts. Trough the years, the company has made investments in Regal Entertainment Group, Hospital Corporation of America, Duracell, First Date, Playtex and Toys “R” US.
Henry Kravis is known to be a generous supporter in the campaigns of many political figures including John McCain and President George W. Bush.
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