Henry Kravis Biography
Henry Kravis is an American businessman, investor, and philanthropist who was born in Tulsa, Oklahoma, U.S. as Henry R. Kravis. He is the co-founder of KKR & Co. Inc. which is a global investment firm with a market cap of approximately $24.7 billion as of November 2019.
Kravis is ranked by Forbes as the 317th richest person in the world with an estimated net worth of $6.4 billion as of February 2020. He is a centrist Republican who has supported a variety of socially liberal causes and made significant donations to both Democrats and Republicans.
His lavish lifestyle has been criticized by activists looking to reform private equity regulations as well as restrict the practice of leveraged buyouts he pioneered. His buyout of RJR Nabisco was portrayed in the year 1989 book and in the year 1993 film Barbarians at the Gate.
Henry Kravis Age
Kravis is 77 years old as of 2021, he was born on 6 January 1944 in Tulsa, Oklahoma, the U.S. He celebrates his birthday on January 6 every year and his birth sign is Capricorn.
Henry Kravis Height
Kravis stands at a height of 5 feet 9 inches.
Henry Kravis Education
Kravis started his education at Eaglebrook School, 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 joined Claremont McKenna College (then known as Claremont Men’s College) and majored in economics.
Kravis was a member of the CMC varsity golf teams for four years and was one of Knickerbocker’s student service organization. Henry worked as his sophomore class secretary-treasurer. He graduated from CMC in the year 1967 prior to going on to Columbia Business School, where he received an MBA degree in the year 1969.
Henry Kravis Family
Kravis was born and raised in a Jewish family in Tulsa, Oklahoma. He is the son of Bessie (née Roberts) and Raymond Kravis, a successful Tulsa oil engineer who had been a business partner of Joseph P. Kennedy. He has a brother known as George R. Kravis II.
Henry Kravis Wife
Kravis is married to Marie-Josée Drouin, a prominent Canadian economist, and former columnist and TV personality in Canada. She sits on the boards of the Memorial Sloan-Kettering Cancer Center, the Robin Hood Foundation, and she is also the president of the Museum of Modern Art board of directors.
Kravis was previously married to his second wife James Thompson Ruger, son of William B. Ruger who died of cancer on 2 April 1997 at age 49. Kravis later married New York designer Carolyne Roehm (born Carolyne Jane Smith) in the year 1985, but the marriage ended in divorce in the year 1993. The home decorated for the couple by Robert Denning and Vincent Fourcade was parodied in the year 1990 movie The Bonfire of the Vanities.
Kravis was first married to Helene Diane “Hedi” Shulmane. The pair later divorced. The couple had three children known as Harrison S. Kravis(born in 1972, died in a 1991 car accident), Robert R. Kravis (born in 1973), and Kimberly Kravis Schulhof (born in 1975).
Henry Kravis Spouse
Kravis has been married thrice, She is currently married to Marie-Josée Kravis since 1994. He married his first wife Hedi Shulman and the pair divorced in 1980. He was married to his second wife Carolyne Roehm (m. 1985–1993).
Henry Kravis Net Worth
Kravis has an estimated net worth of $7.9 billion USD as of 2021. This includes his assets, money, and income. His primary source of income is his career as a businessman, investor, and philanthropist. Through his various sources of income, Henry has been able to accumulate a good fortune but prefers to lead a modest lifestyle.
Henry Kravis Measurements and Facts
Here are some interesting facts and body measurements you should know about Henry Kravis.
Henry Kravis Wiki
- Full Names: Henry R. Kravis
- Popular As: The co-founder of KKR & Co. Inc.
- Gender: Male
- Occupation / Profession: Businessman, investor, and philanthropist
- Nationality: American
- Race / Ethnicity: White
- Religion: Not Known
- Sexual Orientation: Straight
Henry Kravis Birthday
- Age / How Old?: 77 years old as of 2021
- Zodiac Sign: Capricorn
- Date of Birth: 6 January 1944
- Place of Birth: Tulsa, Oklahoma, the U.S.
- Birthday: January 6
Henry Kravis Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: 5 feet 9 inches
- Weight: Moderate
- Eye Color: White
- Hair Color: Grey
- Shoe Size: Not Available
Henry Kravis Family and Relationship
- Father (Dad): Raymond Kravis
- Mother: Bessie(née Roberts
- Siblings (Brothers and Sisters): George R. Kravis II
- Marital Status: Married
- Wife/Spouse: Married to Marie-Josée Kravis (m. 1994), Carolyne Roehm (m. 1985–1993), Hedi Shulman (m. ?–1980)
- Dating / Girlfriend: Not Applicable
- Children: Robert R. Kravis, Kimberly Kravis Schulhof, and Harrison Kravis
Henry Kravis Net Worth and Salary
- Net Worth: $7.9 billion USD
- Salary: Under Review
- Source of Income: Businessman, investor, and philanthropist
Henry Kravis House and Cars
- Place of living: US
- Cars: Car Brand to be Updated
Henry Kravis Colorado Ranch
Bloomberg purchased the roughly 4,600-acre ranch in northwest Colorado from Henry Kravis, co-founder of private equity giant KKR. Known as “Westlands” and located about an hour’s drive from Aspen, the property was listed for $46 million in early 2020.
Henry Kravis House
Kravis has also financed the construction of extensive facilities at Middlesex School (Kravis House), the Eaglebrook School (Kravis Dorm), Deerfield Academy (Kravis Arena), as well as The Loomis Chaffee School (Kravis Hall).
Henry Kravis Kkr
Kravis along with Roberts invested $120,000 of their own capital in their new firm. Early investors in KKR included the Hillman Family as well as the Griffith family (who are also large shareholders in MGM and Time-Warner). 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.
In the year 1987, Jerome Kohlberg, Jr. resigned from KKR, and Henry Kravis and George Roberts continued to lead the firm. Under Kravis and Roberts, the firm was responsible for the year 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.
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 as well as Regal Entertainment Group. A takeover of the battery maker Duracell proved particularly profitable.
KKR closed their first real estate-specific investment fund, which raised $1.2 billion of new money to invest on 24 December 2013. With additional funds from within KKR, the new fund provided over $1.5 billion to utilize.
Kravis and Roberts reported 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 In July 2017.
Henry Kravis Palm Beach
Kravis mainly resides in New York City and has a seasonal residence in Palm Beach, Florida; he also owns homes in New York City; Southampton, New York; Paris; and Sharon, Connecticut.
Henry Kravis Book
Kravis buyout of RJR Nabisco was portrayed in the year 1989 book and 1993 film Barbarians at the Gate.
Henry Kravis Quotes
- If you don’t have integrity, you have nothing. You can’t buy it. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing.
- Look, don’t congratulate us when we buy a company, congratulate us when we sell it. Because any fool can overpay and buy a company, as long as money will last to buy it.
- As I said there is nothing wrong with failing. Pick yourself up and try it again. You never are going to know how good you really are until you go out and face failure.
- You only have one thing to sell in life, and that’s yourself.
- I have, in my partner George Roberts, a person who is the most wonderful man in the world to me. He’s like a brother to me. Creating with him, being side by side with him, in whatever we try to do, is a real pleasure to me.
- If you build that foundation, both the moral and the ethical foundation, as well as the business foundation, and the experience foundation, then the building won’t crumble.
- I want people who will stand up to me. People who are not afraid to say exactly what’s on their minds, even though that’s probably not what I want to hear. That’s what I want.
- Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent.
Frequently Asked Questions About Henry Kravis
Who is Henry Kravis?
Henry Kravis is a famous businessman, investor, and philanthropist who was born in Tulsa, Oklahoma, U.S. as Henry R. Kravis. He is the co-founder of KKR & Co. Inc. which is a global investment firm with a market cap of approximately $24.7 billion as of November 2019.
How old is Henry Kravis?
Henry Kravis is an American national born on 6 January 1944 in Tulsa, Oklahoma, the U.S.
How tall is Henry Kravis?
Kravis stands at a height of 5 feet 9 inches.
Is Henry Kravis married?
Yes, Kravis is married to Marie-Josée Kravis. They got married in 1994. She was previously married to Carolyne Roehm (m. 1985–1993), Hedi Shulman (m. ?–1980).
How much is Henry Kravis worth?
Kravis has an approximate net worth of $7.9 billion USD. This amount has been accrued from his leading roles in the business industry.
Where does Henry Kravis live?
Kravis is a resident of New York City, USA, we shall upload pictures of his house as soon as we have them.
Is Henry Kravis dead or alive?
Kravis is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Where is Henry Kravis Now?
Businessman, investor, and philanthropis: Kravis is still an active participant in the creative business industry.
Henry Kravis Social Media Contacts
- Youtube
- Tiktok
- Website
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