Monday, 27 April 2015
Last updated 7 min ago
Feb 25 2013 | 2:10pm ET
The two men atop Kohlberg Kravis Roberts each earned more than $135 million last year, beneficiaries of a rash of deals and dividends.
Henry Kravis and George Roberts were each paid more than $35 million in compensation, up about 17% from 2011. In addition, KKR's record dividend last year put another $106 million in Roberts' picket and $102 in Kravis'.
The big uptick in compensation is due primarily to the two mens' share of deal profits; each was paid a base salary of $300,000, unchanged for three years.
Kravis and Roberts weren't the only two KKR employees to enjoy an increase in compensation. Todd Fisher, the firm's chief accounting officer, was paid $15.2 million in 2012, and CFO William Janetschek $4.6 million.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…