Henry Kravier Birthday & Fun Facts

Height, Age, Net Worth, Biography & More

Akinwalere Olaleye
Jul 07, 2022 By Akinwalere Olaleye
Originally Published on Jun 24, 2022
Edited by Lara Simpson
Fact-checked by Naman Khanna
Henry Kravis was a philanthropist.
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Read time: 6.2 Min

About Henry Kravis

Born Henry R. Kravis on January 6, 1944, Henry Kravis is a businessman of America, philanthropist, and investor.

Besides being a successful businessman, Henry Kravis is also the co-founder of the KKR & Co., the famous American global investment firm. Being a Republican, Henry Kravis has stood beside several social causes.

Henry Kravis is the founder of a private equity company along with his two business partners known as the KKR or Kohlberg Kravis & Co. L.P. This company was founded in the late 1970s, at a time when Henry Kravis was only 32 years old. He established this company intending to develop and manage private equity funds.

KKR was responsible for taking care of those funds that took money to give support to the underperforming businesses. Later, when these businesses acquire a stable position, they would be sold to earn some profit.

Henry Kravis contributed to the presidential inauguration of Donald Trump. As a true philanthropist, here, he came up with $1 million. Although Henry Kravis was looked down upon by activists, his aim was to bring changes in the regulations of private equity and cease the leveraged buyout practice. In the book titled 'Barbarians at the Gate,' the act of his buyout of an American tobacco-selling conglomerate, RJR Nabisco, is discussed.

Please continue reading about this successful businessman, including his time in the financial sector on wall street, net worth, and personal life.

Net Worth, Earnings & Spending Habits

What is Henry Kravis' net worth?

Since Henry Kravis is a successful businessman and has been for many years, he has acquired a net worth of $6 million.

How much does Henry Kravis earn per year?

Even though Henry Kravis was considered one of the wealthiest businesspersons in America, no information about his annual income is available.

Height, Age & Physical Attributes

How tall is Henry Kravis?

Henry Kravis is 5 ft 7 in (176 cm) tall.

How old is Henry Kravis?

Born on January 6, 1944, Henry Kravis is 78 years old.

Childhood And Education

Being born to Jewish parents, Bessie and Raymond F. Kravis was brought to Tulsa, Oklahoma. The father of Henry Kravis was a successful oil engineer in Tulsa. Besides, his father also had Joseph P. Kennedy as his business partner. Henry Kravis started his schooling at the Eaglebrook School in 1960 and then shifted to the Loomis Chaffee School. He actively participated in the student government. In his senior years, he was nominated as the vice president of the student council of the Loomis Chaffee School.

Next, Henry Kravis acquired his master's degree from the Claremont McKenna College (CMC). Back then, CMC was also known as the Claremont Men's College. From Claremont McKenna College, he completed his masters in economics. Not just in academics,l Henry Kravis was equally brilliant in golf. So, at the Claremont McKenna College, he joined the Claremont McKenna College Golf team and was an active member for the next four years.

Besides, Henry was also a member of the student service organization at the Knickerbockers. He was responsible enough to take care of the secret treasure of his class at the senior level. Henry graduated from Claremont McKenna College in 1967, went to the Columbia University Business School, and completed his MBA in the next two years.

Family, Romance, And Relationships

Who is Henry Kravis dating?

Henry Kravis, a member of the Republican party, is married to Maria Josee Kravis, a businesswoman of Canada and a philanthropist like her husband. Currently. Maria Josee Kravis is the president of the Museum of Modern Art. Further, Marie Josee Kravis is a board member of the Robin Hood Foundation.

Currently, Kravis has three children: Harrison S. Kravis, Kimberly Kravis Schulhof, and Robert R. Kravis. At present, Henry Kravis lives in New York City. Sometimes, he moves to Palm Beach, Florida. He also has residences in New York City, Southampton, Sharon, Connecticut, and New York, Paris.

Career And Professional Highlights

Best Known For…

Henry Kravis began his career by acquiring jobs in different financial sectors or industries. However, Henry and his cousin, George R. Roberts, later secured a position as staff members of the Bear Stearns. Here, both of them were guided and assisted by Jerome Kohlberg Jr., the corporate finance manager of the company. Soon, at the ripe ages of 30 and 31, Henry and his cousin became young partners of the Bear Stearns.

Even though both of them were working for Bear Stearns, they initiated a set of bootstrap investments. In this bootstrap investment, Henry, his cousin George R. Roberts and Kohlberg began taking over companies like Stern Metals, Cobbler Industries, Incom, Boren Clay, Eagle Motors and Barrows, and Thompson Wire. He monetized them only when they produced outstanding results.

Soon in 1976, a dispute had occurred between the trio and Bear Stearns, which led them to leave the company and begin the KKR or Kohlberg Kravis Roberts. As the co-CEO of KKR, Henry successfully brought up high-profile investors like the Griffith family and the Hillman family. By the time the regulations of the ERISA were revised, KKR had acquired $30 million and began its first funding for the institution.

Even though Jerome Kohlberg resigned from the KKR firm, the remaining two continued with their firm. In the film and the book 'Barbarians at the Gate,' an act of the KKR firm is highly dramatized. It is the leveraged buyout that took place in the year 1988 with the RJR Nabisco. In the film, the role of Henry Kravis was played by Jonathan Pryce.

In July 2017, Kravis and Roberts declared that they would step down from the positions of co-CEOs. Likewise, in 2021, this commercial enterprise was succeeded by Scott C. Nuttall and Joseph Y. Bae as co-president and co-chief operating officer, respectively. However, Robert and Kravis did not completely turn their faces from KKR. Instead, they are now exercising as the co-executive chairmen of KKR.

Charity Work

As a philanthropist, Henry supported a lot of noble causes. For the presidential inauguration of Donald Trump in 2017, Henry contributed $1 million. Further, they affiliated the Kravis Prize with the Kravis Leadership Institute. It is from this Kravis Leadership Institute that an award ceremony is held to celebrate the accomplishments of the recipient.

Further, the Kravis Leadership Institute also provides sponsorships for the Leadership Study Programs of the Claremont McKenna College. The other educational institutions which Kravis has financed include Middlesex School, The Deerfield Academy, Eaglebrooke School, and many more.

The years from 2011 to 2014 gave him several prestigious positions. Henry became the chairman of Sponsors for Educational Opportunity, a fiduciary of the Council on Foreign Relations in New York, the co-chairman of Columbia Business School, and an active executive member of the Business Council. Henry is also the vice-chairman of Rockefeller University.

What awards has Henry Kravis won?

Henry Kravis, a resident of New York, has received the Gold Plate Award of the American Academy of Achievement, Investment Management's Lifetime Achievement Award, Columbia Business School's Centennial Award, Carnegie Medal of Philanthropy, and Atlantic Council's Distinguished Leadership Award.

Henry Kravis' Hobbies And Interests

No information is available about their hobbies and interests of Kravis.

Other Interesting Henry Kravis Facts And Trivia

  • The first significant buyout of KKR was Houdaille Industries, an auto parts manufacturer.
  • Kravis's three children - Robert R. Kravis, Kimberly Kravis Schulhof, and Harrison S. Kravis - are all from his first marriage.
  • Of all the three children, Henry lost Harrison S. Kravis in a car accident.
  • In 2010, KKR began trading its shares first on the New York Stock Exchange.

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Henry Kravier Birthday & Fun Facts Facts

Birth Name

Henry Kravier

Date of Birth

1944-05-31

Nationality

American

Place of Birth

Oklahoma

Age

Height

176 cm

Occupation

Businessman, Investor, Philanthropist

Education

Eaglebrook School

Net Worth

6000000

Partner

Maria Josee Kravis

Parents

Raymond, Bessie Kravier
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Sources

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Written by Akinwalere Olaleye

Bachelor of Arts specializing in English Literature

Akinwalere Olaleye picture

Akinwalere OlaleyeBachelor of Arts specializing in English Literature

As a highly motivated, detail-oriented, and energetic individual, Olaleye's expertise lies in administrative and management operations. With extensive knowledge as an Editor and Communications Analyst, Olaleye excels in editing, writing, and media relations. Her commitment to upholding professional ethics and driving organizational growth sets her apart. She has a bachelor's degree in English Literature from the University of Benin, Edo State. 

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