KKR Co-Founders Reap Rewards From Investment Exits

Feb 25 2014 | 11:35am ET

Kohlberg Kravis Roberts co-founders Henry Kravis and George Roberts split a combined $327 million, as their firm's profit soared 23% last year.

KKR's bounty came from a large number of investment exits, benefitting Kravis and Roberts both as shareholders of the company and investors in its funds. The two men's paydays were their largest since KKR went public in 2010, as well as a 17% increase on their 2012 compensation.

Roberts, who owns slightly more KKR shares than Kravis, earned $165.5 million last year, KKR said yesterday. Kravis settled for $161.4 million.

Just $300,000 of the totals are from the pair's annual base salary, less than they received to pay for personal assistants. A whopping $43 million—each—is from carried interest, their share of KKR's investment gains, much of which they are likely to reinvest in KKR funds.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note