Age, Biography and Wiki

Henry Kravis was born on 6 January, 1944 in Tulsa, Oklahoma, U.S., is an American businessman. Discover Henry Kravis's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 80 years old?

Popular As N/A
Occupation N/A
Age 80 years old
Zodiac Sign Capricorn
Born 6 January 1944
Birthday 6 January
Birthplace Tulsa, Oklahoma, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 6 January. He is a member of famous businessman with the age 80 years old group.

Henry Kravis Height, Weight & Measurements

At 80 years old, Henry Kravis height not available right now. We will update Henry Kravis's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Henry Kravis's Wife?

His wife is Hedi Shulman (Divorced) Carolyne Roehm (m. 1985-1993) Marie-Josée Drouin (m. 1994)

Family
Parents Not Available
Wife Hedi Shulman (Divorced) Carolyne Roehm (m. 1985-1993) Marie-Josée Drouin (m. 1994)
Sibling Not Available
Children 3

Henry Kravis Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Henry Kravis worth at the age of 80 years old? Henry Kravis’s income source is mostly from being a successful businessman. He is from United States. We have estimated Henry Kravis's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

Henry Kravis Social Network

Instagram
Linkedin
Twitter
Facebook
Wikipedia
Imdb

Timeline

1944

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

He is a co-founder of KKR & Co. Inc.

His lavish lifestyle has been criticized by activists looking to reform private equity regulations and restrict the practice of leveraged buyouts he pioneered.

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.

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.

Although they had a number of highly successful investments, the $27 million investment in Cobblers ended in bankruptcy.

1967

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

After working at various jobs in New York City's financial sector, he and his first cousin, George R. Roberts, joined the staff of Bear Stearns.

There, they worked under the corporate finance manager, Jerome Kohlberg, Jr. They both became partners at Bear Stearns at very young ages, 30 and 31.

1972

They had three children, Harrison S. Kravis (b. 1972, d. 1991 car accident), Robert R. Kravis (b. 1973), and Kimberly Kravis Schulhof (b. 1975).

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.

Most notably, Bear Stearns executive Cy Lewis had rejected repeated proposals to form a dedicated investment fund within Bear Stearns and Lewis took exception to the amount of time spent on outside activities.

Kravis and Roberts invested $120,000 of their own capital in their new firm.

Early investors in KKR included the Hillman Family and the Griffith family (who are also large shareholders in MGM and Warner Bros. Discovery).

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.

1985

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

1987

In 1987, Jerome Kohlberg, Jr. resigned from KKR, and Henry Kravis and George Roberts continued to lead the firm.

1988

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

At a cost of $31.4 billion, it was then the highest price ever paid for a commercial enterprise.

The publicity surrounding the event led to the story being dramatized in the book and film, Barbarians at the Gate.

Kravis was portrayed in the film by actor Jonathan Pryce.

1989

His buyout of RJR Nabisco was portrayed in the 1989 book and 1993 film Barbarians at the Gate.

Kravis was born into a Jewish family in Tulsa, Oklahoma, the son of Bessie (née Roberts) and Raymond F. 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.

1995

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

A journalist for the New York Times wrote a few years later that "the deal will go down in history as showing just how difficult it can be to get out of a huge deal that goes badly, and of the perils of putting too much money on one investment."

KKR pledged not to commit so much of its fund to a single investment again in the future.

However, other investments proved more profitable, and the fund still did well overall.

The list of companies in which Henry Kravis's KKR has invested over the years includes health care provider Hospital Corporation of America (HCA), TXU, Playtex, Beatrice Foods, Safeway, Toys "R" Us, Borden, First Data and Regal Entertainment Group.

A takeover of the battery maker Duracell proved particularly profitable.

1997

Hedi remarried to James Thompson Ruger, son of William B. Ruger and died of cancer on April 2, 1997, at age 49.

2013

On December 24, 2013, KKR closed their first real estate specific investment fund, which raised $1.2 billion of new money to invest.

With additional funds from within KKR, the new fund provided over $1.5 billion to utilize.

2017

In July 2017, Kravis and Roberts announced that they would eventually be succeeded by Joseph Y. Bae and Scott C. Nuttall, who were named co-presidents and co-chief operating officers so that they might gradually take over daily operations.

This succession plan was enacted in October 2021, with Kravis and Roberts stepping down from their positions as co-CEOs but continuing as co-executive chairmen.

Kravis has been married three times.

His first marriage to Helene Diane "Hedi" Shulman ended in divorce.