Henry R. Kravis is an American financier, investor as well as a philanthropist.
He also co-founded Kohlberg Kravis Roberts and Co which is a private equity firm. He is the 107th richest person in USA, 278th in the world as presented by the data in Forbes in 2015.
Personal Biography
H. Kravis was born on 6th January 1944 to a Jewish family in Tulsa Oklahoma, USA. He is the son of Bessie Roberts and Raymond Kravis who was a successful Tulsa oil engineer and was also a business partner of John F. Kennedy. Kravis went to Eaglebrook School followed by Loomis Chaffee School. He was also elected the Vice President in the Student Council of his school. He completed his B.A. from Claremont McKenna College and majored in Economics. He was also a member of the CMC Varsity golf team and the knickerbockers student service organization for four years. He graduated in CMC before further pursued an MBA from Columbia Business School in 1969.
Henry Kravis’s Family
Brother: George R. Kravis II
George was Henry’s brother. He was born in 1938 in Tulsa, Oklahoma. He graduated from University of Oklahoma in 1958. He founded KRAV FM in 1962 and became one of the youngest people in United States who owned a radio station. In 1966, he purchased KFMJ radio station and renamed it KGTO. He later received the Oklahoma’s Governor Arts Award for his leadership abilities as well as significant contributions in the field of Art.
First Wife: Helene Diane Shulman
Helene was Henry’s first wife. They both had three children together- Harrison S. Kravis Robert R. Kravis and Kimberly Kravis Schulhof. She later remarried to James Thompson Ruger and then later died of cancer in 1997 at the age of 49.
Second Wife: Carolyne Roehm
Carolyne was the second wife of Henry. She was born on May 7, 1951 and is an American author, businesswoman, socialite and a former fashion designer. She graduated from Washington University in St. Louise and then moved to New York to work at Kellwood. Her first marriage was to Axel Roehm, a German Chemical heir. She later married Henry which ended in 1993.
Third Wife: Marie Joosee Drouin
Marie is Henrys 3rd wife. Henry married her in 1994. She is a businesswoman from Canada as well as a philanthropist. She is a member of the board of the Memorial Sloan-Kettering Cancer Center and the Robin Hood foundation. She is also the president of the Museum of Modern Art.
Children
Harrison S. Kravis
Harrison Kravis was born to Helene Shulman and Henry Kravis in 1972. He died in 1991 in a car accident. He was an investor and a corporate buyout specialist. He was 19 years old when he died.
Net Worth
Henry Kravis’s net worth is estimated to be $5 billion, according to the data presented by the Forbes. In 1987, Kravis took over KKR. After a year, he bought RJR Nabisco for a record amount of $25 billion. Being a philanthropist, he launched a philanthropist award by the name ‘The Henry R. Kravis Prize’ for prominent leaders in the non-profit sector. He also donates funds to the Claremont McKenna College’s leadership studies program.