George R. Roberts
From Wikipedia, the free encyclopedia
George R. Roberts (1945-) is an American financier and was one of the founders of Kohlberg Kravis Roberts & Co. (KKR). He is the first cousin of Henry Kravis. With an estimated net worth of around $2.5 billion as of 2006, he is ranked by Forbes as the 292-richest person in the world.[1]
Roberts was a native of Houston, Texas and attended Claremont McKenna College graduating in 1966. He then attended the University of California, Hastings College of the Law, graduating in 1969. He graduated from Culver Military Academy and received that institutions "Man of the Year" Award in 1998. [2]
Much of his wealth came from doing leveraged buyouts (LBO) when in KKR. One of the most famous LBOs Roberts was involved in was the buyout of RJR Nabisco. This led to him being one of the main characters in the book and movie, Barbarians at the Gate.
Roberts is married and has three children.
[edit] References
- ^ Forbes 2006 ranking. Retrieved on 18 July, 2006.
- ^ Roberts winning 'Man of the Year' award. Retrieved on 18 July, 2006.
