Henry Kravis
Founder at KKR & CO. INC.
Net worth: 12 257 M $ as of 30/12/2024
Profile
He had lived before in East of United States, and then moved in California to study at University of Claremont. In 1969 he got a MBA from Columbia University, and then with his cousin, George R Roberts, he joined the investment bank Bear Stearns. Both worked under the command of Jerome Kohlberg Jr. head corporate finance.
Kohlberg is a precursor of “bootstrap” buyout. He looks for a little enterprises and weakly valued or big group’s branch with the same problems, and then he helps the managers’ team to buy the company.
In 1976, after several negations from Bear Sterns to finance some of his projects, he left the Bank with Henry R Kravis and George R Roberts. Together they funded an investment firm; it will become one of the most important in U.S. the “Kohlberg Kravis Roberts & co", alias KKR.
In the followed six years, Henry Kravis made some partnership in order to buy, to reorganize (discharges, reduce costs, etc.) and to sell company’s assets non performing or branch, before to sell the company at price higher than that which it was bought.
Typically, in takeover’s operations KKR used its own funds for 10% of the purchase price and borrowed the rest, especially with “Junk Bonds” issues.
Among the companies, which were bought from KKR, we can find A.J. Industries, Lily-Tulip and Houdaille Industries. Houdaille Industries was the first big company listed in New York, which was bought with a leverage buyout.
In 1984, KKR made his fist LBO bigger than one million dollars. This was the Wometco’s takeover. In the same year KKR bought Amstar for $450 million and in 1986 he resold for $700 million.
In 1987, Jerome Kohlberg left the firm and Henry Kravis succeeded him as senior partner.
In 1988, KKR took control of RJR Nabisco (giant of tobacco and food and 19th among most big groups in US) for $25 billion, about two times the previous world record for the purchase of commercial enterprise. This biggest financial deal is a subject also of several movies, and instantly Henry Kravis and his cousin George Roberts were transformed as stars beyond financial world.
For its founding KKR, has completed buyout for more than $73 billion concerning 45 companies. Among these we can find Texaco, Gillette, Playtex, Samsonite, etc...Henry Kravis is now a member of the board of many companies (American-Re, Duracell, Union Texas Petroleum…)
In recent years, the results of firm were more mitigated. The firm is still controlled by Kravis and Roberts and it opened also an office in London. However, it lost many of his associates, including many who made his reputation in the 80s.
Kravis’s fortune is estimated at $5.5 billion and he is the 107th richest man in US.
Known holdings in public companies
Company | Date | Number of shares | Valuation | Valuation date |
---|---|---|---|---|
KKR & CO INC
9.33% | 05/03/2024 | 82,870,688 ( 9.33% ) | 12 257 M $ | 30/12/2024 |
Latest news about Henry Kravis
Henry Kravis active positions
Companies | Position | Start |
---|---|---|
AXEL SPRINGER SE | Director/Board Member | 08/01/2020 |
KKR & CO. INC. | Founder | 30/04/1976 |
Kohlberg Kravis Roberts & Co. LP
Kohlberg Kravis Roberts & Co. LP Investment ManagersFinance Kohlberg Kravis Roberts & Co. LP (KKR) is a private equity subsidiary of KKR & Co. Inc founded in 1976 by Henry Kravis, George Roberts and Jerome Kohlberg. The firm is headquartered in New York. | Chief Executive Officer | 31/12/1975 |
Palm Beach Civic Association
Palm Beach Civic Association Miscellaneous Commercial ServicesCommercial Services The Palm Beach Civic Association is an organization that advocates for the town of Palm Beach. The non-profit company is based in Palm Beach, FL. The company produces news and events for all residents on the island and aim to protect and improve the quality of life in the town by taking proactive stands on civic affairs. The company was founded in 1944. Robert C. Wright has been the CEO of the company since 2010. | Director/Board Member | - |
The New York City Investment Fund Manager, Inc.
The New York City Investment Fund Manager, Inc. Investment ManagersFinance The New York City Investment Fund Manager Inc. (The New York City Investment Fund Manager) is a venture capital firm founded in 1996 by Henry Kravis. The firm is headquartered in New York. | Founder | 31/12/1995 |
The WNET Group
The WNET Group BroadcastingConsumer Services The WNET Group is a nonprofit public media producer that creates inspiring media content and meaningful experiences for diverse audiences nationwide. The non-profit company is based in New York, NY and is the community-supported home of thirteen channels, including PBS stations, NPR stations, and news programs. The WNET Group's kids media and education team produces the PBS Kids series Cyberchase, interactive Mission US history games, and resources for families, teachers, and caregivers. The WNET Group brings arts, culture, education, news, documentary, entertainment, and DIY programming to more than five million viewers each month through these channels and streaming platforms. The company's award-winning productions include signature PBS series such as Nature, Great Performances, American Masters, and Amanpour and Company, as well as trusted local news programs such as MetroFocus and NJ Spotlight News with Briana Vannozzi. The company presents and distributes content that fosters lifelong learning, including multiplatform initiatives addressing poverty, jobs, economic opportunity, social justice, understanding, and the environment. Through Passport, station members can stream new and archival programming anytime, anywhere. The CEO of the company is Neal Shapiro. | Director/Board Member | - |
ICONIQ Capital (Private Equity)
ICONIQ Capital (Private Equity) Investment ManagersFinance ICONIQ Capital (ICONIQ) is a private equity and venture capital firm a subsidiary of ICONIQ Capital LLC founded in 2011 by Divesh Kanthylal Makan, Michael Thomas Anders and Chad Louis Boeding. The firm is headquartered in the San Francisco, California. | Director/Board Member | - |
First Data Resources Australia Ltd.
First Data Resources Australia Ltd. Miscellaneous ManufacturingProducer Manufacturing First Data Resources Australia Ltd. owns and operates ATM's. It offers fraud and risk management, network solutions commercial cards, consumer credit and debit solutions for financial institutions; and in-store and merchant financing solutions for merchants. The company was founded in 1984 and is headquartered in North Sydney, Australia. | Director/Board Member | - |
The Kennedy Center Corporate Fund
The Kennedy Center Corporate Fund Investment Trusts/Mutual FundsMiscellaneous Kennedy Center Corporate Fund operates as a nationwide partnership of distinguished business leaders who help to mobilize corporate partners and secure critical funding. The company was founded by Harold Burson in 1977 and is headquartered in Washington, DC. | Director/Board Member | - |
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Former positions of Henry Kravis
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Training of Henry Kravis
Claremont McKenna College | Undergraduate Degree |
Columbia Business School | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 3 |
---|---|
AMPHENOL CORPORATION | Electronic Technology |
CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED | Finance |
KKR & CO. INC. | Finance |
Private companies | 25 |
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Kohlberg Kravis Roberts & Co. LP
Kohlberg Kravis Roberts & Co. LP Investment ManagersFinance Kohlberg Kravis Roberts & Co. LP (KKR) is a private equity subsidiary of KKR & Co. Inc founded in 1976 by Henry Kravis, George Roberts and Jerome Kohlberg. The firm is headquartered in New York. | Finance |
KKR Group Co., Inc.
KKR Group Co., Inc. Investment ManagersFinance KKR Group Co., Inc. engages in the provision of investment and private equity asset management services. The firm manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit, and hedge funds. It operates through the Asset Management and Insurance segments. The Asset Management segment includes investment management and other services to funds, vehicles, collateral loan obligations, managed accounts and portfolio companies, and transaction-specific income from capital markets transactions. The Insurance segment offers retirement and life insurance services which provide a suite of protection, legacy and savings products to customers and reinsurance solutions to clients across individual and institutional markets. The company was founded by Henry R. Kravis and George R. Roberts in 1976 and is headquartered in New York, NY. | Finance |
Accel-KKR LLC
Accel-KKR LLC Investment ManagersFinance Accel-KKR LLC (Accel-KKR) is a private equity firm founded in 2000 by Thomas Barnds. The firm is headquartered in Menlo Park, California. | Finance |
Council on Foreign Relations, Inc.
Council on Foreign Relations, Inc. Investment Trusts/Mutual FundsMiscellaneous Council on Foreign Relations, Inc. provides and disseminates ideas on foreign policies to individuals, corporate members, journalists and policy makers. It operates a forum for government officials, students and other interested parties to study and discuss world issues and impact on American foreign policies. The company publishes Foreign Affairs, a magazine that comes out six times a year, along with books and studies by its own scholars. Council on Foreign Relations was founded in 1921 and is headquartered in New York City, NY. | Miscellaneous |
Avago Technologies Ltd.
Avago Technologies Ltd. SemiconductorsElectronic Technology Avago Technologies Ltd. designs, develops and supplies analog semiconductor devices. It operates through the following segments: Wireless Communications, Wired Infrastructure, Enterprise Storage and Industrial. The firm offers radio frequency semiconductor devices such as front end modules, duplexers, monolithic or discrete microwave integrated circuit filters, diodes and discrete transistors. The company was founded in 1961 and is headquartered in Singapore. | Electronic Technology |
Central Park Conservancy, Inc.
Central Park Conservancy, Inc. Media ConglomeratesConsumer Services Central Park Conservancy, Inc. maintains and develops the Central Park. It offer lawns pruning, trees fertilization, shrubs and flowers plantation, ball fields and playgrounds maintenance, graffiti removing, and monuments conservation. The firm also provides water bodies and woodlands sanitation, erosion control, drainage cleanliness, pollution control, and salvation prevention services. The company was founded in 1980 and is headquartered in New York, NY. | Consumer Services |
First Data Corp.
First Data Corp. Regional BanksFinance First Data Corp. provides electronic commerce and payment solutions. It offers credit card processing and solutions, cash advance, data security, payroll delivery, and check acceptance services. The company was founded in 1971 and is headquartered in Atlanta, GA. | Finance |
RentPath LLC
RentPath LLC Internet Software/ServicesTechnology Services RentPath LLC engages in marketing solutions in finding apartments and houses for rent. Its solutions include social advertising, ILS advertising, virtual leasing center, resident communication, and email advertising. The company was founded in 1989 and is headquartered in Atlanta, GA. | Technology Services |
Bear, Stearns & Co., Inc.
Bear, Stearns & Co., Inc. Investment Banks/BrokersFinance Bear, Stearns & Co., Inc. is a global investment banking, securities trading and brokerage firm located in New York City with additional offices in Dallas, Boston and San Francisco. The firm is a subsidiary Bear Sterns Cos., Inc. (NYSE: BSC). Their equity research team consists of senior analysts located throughout the world. In addition to domestic coverage, they have research teams focusing on Latin America, Asia and Europe. The analysts use a bottom-up approach to stock selection. The Bear Stearns fixed-income research department provides coverage of every sector of the fixed-income universe. The financial analytics and structured transactions group (F.A.S.T) provides investment research, fixed-income portfolio management and analytical systems, trading technology and general financial expertise. The group also provides a broad range of services to financial institutions including asset-liability management, balance sheet restructuring, receivables-based financing analysis, security and portfolio analysis, peer analysis, and historical and real-time market-based information. | Finance |
The Business Council
The Business Council Miscellaneous Commercial ServicesCommercial Services The Business Council operates as an organization of business leaders. The company is headquartered in Washington, DC. | Commercial Services |
Alliance HealthCare Services, Inc.
Alliance HealthCare Services, Inc. Medical/Nursing ServicesHealth Services Alliance HealthCare Services, Inc. engages in the provision of outsourced medical services. It operates through the following segments: Radiology, Oncology, Interventional, and Corporate. The Radiology segment provides mobile to fixed-site to service line management to hospitals and provider groups. The Oncology segment consists of a range of oncology services and ancillary services for cancer patients. The Interventional segment offers pain management services for a wide range of conditions and diseases through therapeutic, minimally invasive procedures to treat and ease pain, medication, laboratory testing, and other services. The company was founded in 1987 and is headquartered in Irvine, CA. | Health Services |
Willis Group Holdings Ltd.
Willis Group Holdings Ltd. Insurance Brokers/ServicesFinance Willis Group Holdings Ltd. provides insurance, reinsurance brokerage and risk management consulting services. It develops and delivers insurance, reinsurance, risk management, financial and human resource consulting, and actuarial services. The company provides specialized risk management advisory and other services to clients in various industries, including aerospace, marine, energy, and construction industries. It acts as an intermediary between clients and insurance carriers by advising clients on risk management requirements. The company also offers various services to its clients, which enable them to identify and control their risks. The services primarily comprise strategic risk consulting, including providing actuarial analyses; due diligence services; and practical on-site risk control services, such as health and safety, or property loss control consulting. The company was founded in 1828 and is headquartered in London, the United Kingdom. | Finance |
The Mount Sinai Hospital
The Mount Sinai Hospital Hospital/Nursing ManagementHealth Services The Mount Sinai Hospital provides medical and healthcare services. The company was founded in 1952 and is headquartered in New York, NY. | Health Services |
KKR Infrastructure (ANZ) | |
Sponsors For Educational Opportunity
Sponsors For Educational Opportunity Miscellaneous Commercial ServicesCommercial Services Sponsors for Educational Opportunity (SEO) is an organization that has been an innovator in education, mentorship, positive peer pressure, high standards, and networks for over 50 years. The non-profit company is based in New York, NY. SEO helps turn untapped potential into newfound opportunities. The company was founded in 1963 by Rami Reyes. The CEO is William Goodloe. | Commercial Services |
First Data Resources Australia Ltd.
First Data Resources Australia Ltd. Miscellaneous ManufacturingProducer Manufacturing First Data Resources Australia Ltd. owns and operates ATM's. It offers fraud and risk management, network solutions commercial cards, consumer credit and debit solutions for financial institutions; and in-store and merchant financing solutions for merchants. The company was founded in 1984 and is headquartered in North Sydney, Australia. | Producer Manufacturing |
The Kennedy Center Corporate Fund
The Kennedy Center Corporate Fund Investment Trusts/Mutual FundsMiscellaneous Kennedy Center Corporate Fund operates as a nationwide partnership of distinguished business leaders who help to mobilize corporate partners and secure critical funding. The company was founded by Harold Burson in 1977 and is headquartered in Washington, DC. | Miscellaneous |
Interactive Engagement Group LLC
Interactive Engagement Group LLC Miscellaneous Commercial ServicesCommercial Services Interactive Engagement Group LLC engages in the provision of television network operations. It offers arts, education and public affairs programming to viewers. The company is headquartered in New York, NY. | Commercial Services |
Axel Springer SE
Axel Springer SE Internet Software/ServicesTechnology Services Axel Springer SE engages in the provision of print and digital media and owns and operates digital classifieds portfolio. It operates through the following segments: Classified Ad Models, Paid Models, Marketing Models and Services/Holding. The Classified Ad Models segment generates revenues in online classified advertising within the areas of jobs, real estate, automobile and general classified ads. The Paid Models segment encompasses all business models that are used by paying readers. The Marketing Models segment covers all business models involving sales to advertising customers under reach-based or success-based marketing services. The Services/Holding segment comprises the group's services, which include the domestic printing plants and the holding company functions. The company was founded by Hinrich Springer and Axel Springer in 1946 and is headquartered in Berlin, Germany. | Technology Services |
Palm Beach Civic Association
Palm Beach Civic Association Miscellaneous Commercial ServicesCommercial Services The Palm Beach Civic Association is an organization that advocates for the town of Palm Beach. The non-profit company is based in Palm Beach, FL. The company produces news and events for all residents on the island and aim to protect and improve the quality of life in the town by taking proactive stands on civic affairs. The company was founded in 1944. Robert C. Wright has been the CEO of the company since 2010. | Commercial Services |
KKR Real Estate (Asia) | |
The New York City Investment Fund Manager, Inc.
The New York City Investment Fund Manager, Inc. Investment ManagersFinance The New York City Investment Fund Manager Inc. (The New York City Investment Fund Manager) is a venture capital firm founded in 1996 by Henry Kravis. The firm is headquartered in New York. | Finance |
The WNET Group
The WNET Group BroadcastingConsumer Services The WNET Group is a nonprofit public media producer that creates inspiring media content and meaningful experiences for diverse audiences nationwide. The non-profit company is based in New York, NY and is the community-supported home of thirteen channels, including PBS stations, NPR stations, and news programs. The WNET Group's kids media and education team produces the PBS Kids series Cyberchase, interactive Mission US history games, and resources for families, teachers, and caregivers. The WNET Group brings arts, culture, education, news, documentary, entertainment, and DIY programming to more than five million viewers each month through these channels and streaming platforms. The company's award-winning productions include signature PBS series such as Nature, Great Performances, American Masters, and Amanpour and Company, as well as trusted local news programs such as MetroFocus and NJ Spotlight News with Briana Vannozzi. The company presents and distributes content that fosters lifelong learning, including multiplatform initiatives addressing poverty, jobs, economic opportunity, social justice, understanding, and the environment. Through Passport, station members can stream new and archival programming anytime, anywhere. The CEO of the company is Neal Shapiro. | Consumer Services |
KKR Property Partners Americas Aggregator LP
KKR Property Partners Americas Aggregator LP Real Estate DevelopmentFinance KKR Property Partners Americas Aggregator LP is a real estate investment firm. The private company is based in New York, NY. The CEOs are Joseph Y. Bae and Scott Charles Nuttall. The company was founded in 1976 by George Roberts and Henry R. Kravis. | Finance |
ICONIQ Capital (Private Equity)
ICONIQ Capital (Private Equity) Investment ManagersFinance ICONIQ Capital (ICONIQ) is a private equity and venture capital firm a subsidiary of ICONIQ Capital LLC founded in 2011 by Divesh Kanthylal Makan, Michael Thomas Anders and Chad Louis Boeding. The firm is headquartered in the San Francisco, California. | Finance |
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