March 29, 2013 Leave a comment
Henry Kravis co-founded Kohlberg Kravis Roberts & Co. (KKR), along with is cousin George R Roberts and mentor Jerome Kohlberg in 1976. He is currently the Co-Chairman and CEO of the firm with Roberts. Henry Kravis started off his professional career working at Bear Stearns alongside his cousin in the late 1960s. After Bear Stearns rejected several of their ideas, Kravis, Roberts, and Kohlberg decided to strike out on their own. Flash forward to 2011 and KKR has over $62 billion in assets and were responsible for major buyouts such as RJR Nabisco, Safeway, and more.
Henry Kravis has used all of his power and money to help others as well. He, alongside wife Marie-Josee Kravis, partnered with Claremont McKenna College to create the Henry Kravis Leadership Institute. The organization sponsors the programs and training of future leaders, and the winner recieves $250,000 towards non-profit operational costs. He also frequently gives talks at Claremont McKenna and other schools about leadership, business, and more.
Kravis was also a founder and co-chairman of the New York City Investment Fund, a “private fund with a civic mission.” Created under his vision, the fund seeks to mobilize the city’s financial and business leaders to build a stronger and more diversified local economy.
Henry Kravis currently resides in New York City with his wife, Marie-Josee Kravis. He has a B.A. from Claremont McKenna College, and an M.B.A. from Columbia Business School.