KKR founders in line for bumper pay day after stellar year 


KKR founders in line for bumper pay day after stellar year for US private equity firms


Henry Kravis (pictured) and George Roberts, who co-founded KKR, each earned over £80 last year

Henry Kravis (pictured) and George Roberts, who co-founded KKR, each earned over £80 last year

Two of Wall Street’s biggest private equity names have received a bumper payout after a stellar year for the industry in 2021.

Henry Kravis and George Roberts, who co-founded KKR, one of private equity’s most ferocious firms, each earned over £80million last year.

The annual report showed they pocketed £50million from carried interest and a further £30million from dividends as a result of owning 10 per cent of shares.

KKR was founded in 1976 and became famous when it bought conglomerate RJR Nabisco for £30billion, in what was then the largest buyout in history and inspired the feature film Barbarians at the Gate.

Kravis and Roberts stepped down as co-chief executives in October. 

But their earnings were far less than Stephen Schwarzman at Blackstone who received a record £820million payout last year.

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