Home » How to Invest » KKR’s Kravis, Roberts Pocket Combined $343 Million in 2017

KKR’s Kravis, Roberts Pocket Combined $343 Million in 2017

 

KKR &&Co. &#x 2019; s Henry Kravis took house $169.7 million in 2015, while fellow co-founder George Roberts topped that with $173.1 million.

Each of the 2, who are cousins, made a $300,000 wage and about $67.8 million in brought interest, or his share of financial investment earnings, inning accordance with New York-based KKR &#x 2019; s yearly report submitted Friday. Much of the windfall was available in dividends, with each taking house more than $56 million.

In 2016, Kravis got $116 million and Roberts got $119 million.

The dividends came out of KKR &#x 2019; s distributable profits, which increased to $1.56 billion in 2015 from $1.53 billion in 2016. Sales of shares in food-service supplier U.S. Foods Holding Corp. and commercial devices maker Gardner Denver Holdings Inc. , in addition to KKR &#x 2019; s disposal of drug-capsule maker Capsugel SA , assisted sustain the revenue step.

KKR handled $168.5 billion throughout personal equity holdings, credit properties, realty and hedge funds since Dec. 31. Kravis and Roberts, both 74, began the company with Jerry Kohlberg in 1976. Kohlberg left in 1987 and passed away in 2015.

    Read more: https://www.bloomberg.com/news/articles/2018-02-24/kkr-s-kravis-roberts-pocket-combined-343-million-in-2017

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