Henry Kravis Makes Money, Gives Money

Henry Kravis announced this week that his private equity powerhouse, KKR, plans to go public by the end of the year, a move that will probably end up making him substantially richer than he already is. (He was worth $5.5 billion in 2007, according to Forbes.) What does Henry do with his riches? He buys expensive homes for one thing, like the manse in Palm Beach he purchased in 2006 for $50 million (and which didn't even come with an oceanfront view). No, modesty and humility has never Kravis' strong suit. This is, after all, a man who once lived in a house where his chef could pipe the smell of freshly-baked croissants and coffee into the guestrooms to gently wake them up in the morning. (Sure beats that Dream Machine clock-radio you've been using for the past decade!) But Kravis also directs a fair amount of cash to charity with his third wife, Marie-Josee. In 2006, the couple handed out $5.9 million to a long list of art, culture, and educational institutions. The David Saltzman-led Robin Hood Foundation took home $1 million, as did Rockefeller University. The smallest contribution? The $200 the Kravises gave to Project Angel Food, which feeds people homebound by HIV/AIDS. The full list of donations by the Marie-Josee and Henry R. Kravis Foundation after the jump.

Henry Kravis Makes Money, Gives Money
Henry Kravis Makes Money, Gives Money