Age, Biography and Wiki
George R. Roberts was born on 1944 in Houston, Texas, US, is a businessman. Discover George R. Roberts's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 79 years old?
Popular As |
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Occupation |
Co-founder, Kohlberg Kravis Roberts |
Age |
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Born |
1944 |
Birthday |
1944 |
Birthplace |
Houston, Texas, US |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 1944.
He is a member of famous businessman with the age years old group.
George R. Roberts Height, Weight & Measurements
At years old, George R. Roberts height not available right now. We will update George R. Roberts's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Who Is George R. Roberts's Wife?
His wife is Leanne Bovet (m. 1968-2003)
Linnea Conrad (m. May 22, 2010)
Family |
Parents |
Not Available |
Wife |
Leanne Bovet (m. 1968-2003)
Linnea Conrad (m. May 22, 2010) |
Sibling |
Not Available |
Children |
3 |
George R. Roberts Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is George R. Roberts worth at the age of years old? George R. Roberts’s income source is mostly from being a successful businessman. He is from United States. We have estimated
George R. Roberts's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
businessman |
George R. Roberts Social Network
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Timeline
He has an estimated net worth of $5.9 billion as of 2018. Much of this wealth came through his position at KKR. In 1989 Roberts and Kravis led one of the most famous leveraged buyouts (LBOs) in the takeover of RJR Nabisco. Roberts' involvement in the RJR Nabisco deal was covered in the book and movie, Barbarians at the Gate. Roberts was portrayed in the film version by actor Peter Dvorsky. Roberts appeared on the cover of Fortune magazine at the height of the buyout boom of the 1980s alongside his cousin and partner, Henry Kravis.
In 2012, he donated $50 million to Claremont McKenna College. He again donated $140 million to CMC in 2022.
On May 22, 2010, he married Goldman Sachs partner Linnea Conrad.
By 1976, tensions had built up between Bear Stearns and the trio of Kohlberg, Kravis and Roberts leading to their departure and the formation of Kohlberg Kravis Roberts in that year. Most notably, Bear Stearns executive Cy Lewis had rejected repeated proposals to form a dedicated investment fund within Bear Stearns and Lewis took exception to the amount of time spent on outside activities. Early investors in KKR included Henry Hillman By 1978, with the revision of the ERISA regulations, the nascent KKR was successful in raising the first institutional fund with investor commitments.
In 1968, he married Leanne Bovet, daughter of Eric B. Bovet and Dorothy Champion of San Mateo, California. Bovet's father was a member of the Swiss Borel family of San Mateo being the son of Swiss immigrant Louis Bovet and Grace Borel (the daughter of the family patriarch, Swiss immigrant Antoine Borel, a banker in San Mateo, California). She died in 2003. The couple had three children, Eric, Mark and Courtney.
George Roberts was born into a Jewish family in Houston, Texas. He graduated from Culver Military Academy in 1962 and received the institution's "Man of the Year" Award in 1998. He attended Claremont McKenna College, graduating in 1966, and the University of California's Hastings College of the Law, graduating in 1969.
Roberts worked for Bear Stearns in the late 1960s and early 1970s becoming a partner at the age of 29. While at Bear Stearns, Roberts, alongside Kohlberg and Kravis, began a series of what they described as "bootstrap" investments. Their acquisition of Orkin Exterminating Company in 1964 is among the first significant leveraged buyout transactions. In the following years the three Bear Stearns bankers would complete a series of buyouts including Stern Metals (1965), Incom (a division of Rockwood International, 1971), Cobblers Industries (1971), and Boren Clay (1973) as well as Thompson Wire, Eagle Motors and Barrows through their investment in Stern Metals. Although they had a number of highly successful investments, the $27 million investment in Cobblers ended in bankruptcy.
George Rosenberg Roberts (born 1944) is an American financier. He is one of the three original partners of Kohlberg Kravis Roberts (KKR), which he co-founded alongside Jerome Kohlberg and first cousin Henry Kravis in 1976.