Henry Kravis - Fortune - Billionaire list

Henry Kravis
Henry R. Kravis (born January 6, 1944 in Tulsa, Oklahoma, United States) is a business financier and investor.

First cousins partnered with fellow Bear Stearns mentor Jerome Kohlberg to form leveraged buyout firm Kohlberg Kravis Roberts in 1976. Bought underperforming companies using junk bonds thne re-worked balance sheet and sold for profit. Under Kravis, the firm was responsible for the 1988 leveraged buyout of RJR Nabisco. The publicity surrounding the event led to the story being dramatized in the book and film, Barbarians at the Gate.

He has been married three times. His first wife Helene Diane from whom he divorced in the early eighties She died of lung cancer in 1997. Their 19-year-old son was killed in an automobile accident in 1991 and he has two remaining children, Robert (1973) and Kimberly (1975). He remarried, to Jane Smith in 1985, but divorced in 1993. Presently married to Marie-Josée Drouin.

Education: majored in economics at Claremont McKenna College in Claremont, California before going on to Columbia University where he received an MBA degree in 1969.

He is a supporter of Republican politics.

Fortune
$1.5 billion as of 2005.