Quick Info
| Property | Details |
|---|---|
| Name | Henry Kravis |
| Current Age | 78 |
| Occupation(s) | Co-Founder of KKR |
| Date of Birth | January 6, 1944 |
| Place of Birth | Tulsa, Oklahoma, USA |
| Nationality | American |
| Spouse | Marie-Josée Kravis |
| Children | 3 |
| Net Worth (2024) | $5.5 billion |
| Source of Wealth | Private Equity |
| Ventures | KKR |
| Ethnicity | Caucasian |
| Height | 5'8" |
| Notable Works | Transformation of Private Equity Industry |
Early Life and Education
Henry Kravis, born on January 6, 1944, in Tulsa, Oklahoma, is a renowned American businessman and one of the pioneers of the private equity industry. Raised in a middle-class family, Kravis developed an early interest in finance and investments. He attended Claremont McKenna College and later pursued an MBA from the Columbia Business School, where he met his future business partner, George Roberts.
Career and Rise to Prominence
In 1976, Kravis, along with Roberts and Jerome Kohlberg Jr., co-founded Kohlberg Kravis Roberts & Co. (KKR), a private equity firm that would revolutionize the industry. Known for their aggressive leveraged buyouts and strategic investments, KKR quickly rose to prominence under Kravis's leadership.
Kravis played a pivotal role in some of the most significant leveraged buyouts in history, including the takeover of RJR Nabisco in 1988, which was famously chronicled in the book and movie "Barbarians at the Gate." His innovative deal-making strategies and relentless pursuit of value creation earned him a reputation as a shrewd and visionary investor.
Philanthropy and Personal Life
Beyond his business endeavors, Henry Kravis is actively involved in philanthropic initiatives. Along with his wife, Marie-Josée Kravis, he has donated generously to various causes, including education, healthcare, and the arts. The Kravis Leadership Institute at Claremont McKenna College stands as a testament to his commitment to developing future leaders.
Kravis is also a prominent art collector, with a keen interest in modern and contemporary art. His collection is considered one of the most impressive in the world, reflecting his passion for creativity and innovation.
Net Worth and Legacy
As of 2024, Henry Kravis's net worth is estimated to be $5.5 billion, primarily derived from his successful career in private equity. His contributions to the industry have left an indelible mark, shaping the way investments are made and businesses are managed.
Henry Kravis's legacy as a transformative figure in finance and entrepreneurship continues to inspire future generations of business leaders. His strategic acumen, bold decision-making, and unwavering dedication to excellence have solidified his position as a titan in the world of private equity.
