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Henry Kravis Trivia Questions

How much do you really know about Henry Kravis? Below are 8 true or false statements. Click each one to reveal the answer and explanation.

1.

KKR’s 1988 buyout of RJR Nabisco was the largest leveraged buyout in history at the time.

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Easy
✓ TRUE

The $31.4 billion RJR Nabisco buyout, chronicled in 'Barbarians at the Gate,' was the biggest LBO ever when it closed in 1989.

2.

Henry Kravis earned his MBA from Harvard Business School.

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Medium
✗ FALSE

Kravis earned an MBA from Columbia Business School in 1969, not Harvard. He later became a major donor to Columbia.

3.

Henry Kravis is a co-founder of the investment firm KKR.

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Medium
✓ TRUE

Kravis co-founded KKR (Kohlberg Kravis Roberts) with Jerome Kohlberg and George Roberts in 1976, pioneering the leveraged buyout industry.

4.

Henry Kravis has never publicly disclosed the location of his primary residence.

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Medium
✗ FALSE

False. His primary residence is widely reported as a duplex apartment at 740 Park Avenue in New York City, making its location public knowledge.

5.

Kravis co-founded KKR with only $120,000 in personal savings.

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Medium
✗ FALSE

KKR was founded in 1976 with backing from wealthy investors, not just Kravis’s savings; the firm started with several million dollars in commitments.

6.

Henry Kravis is a direct descendant of the inventor of the paper clip.

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Hard
✗ FALSE

There is no known connection between Kravis and the paper clip’s inventor. This is a fabricated trivia fact with no basis in genealogy.

7.

Kravis started his career as a janitor at Bear Stearns.

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Hard
✗ FALSE

Kravis began his career at Bear Stearns in the corporate finance department, not as a janitor. This myth likely stems from confusion with other financiers.

8.

Henry Kravis once turned down a role as U.S. Treasury Secretary.

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Hard
✓ TRUE

In the early 1990s, Kravis was offered the Treasury position by President George H.W. Bush but declined to focus on KKR.

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