Markets Magazine

Wall Street CEO Pay Rises 20% as No. 1 Kravis Claims $30 Million

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In October 2010, private-equity baron Henry Roberts Kravis, in one of the grandest gestures of his life, pledged $100 million to his alma mater, Columbia Business School, to help pay for the expansion of its upper Manhattan campus. His ability to throw that kind of cash around was helped by the start of trading of his buyout company, KKR & Co., on the New York Stock Exchange three months earlier.

While the listing swelled Kravis’s personal wealth, it also exposed him to the rigors of the U.S. corporate reporting process. As a result, the world now knows that in 2011, Kravis was awarded $30 million in salary and other compensation by KKR’s board, Bloomberg Markets magazine reports in its July issue.