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  • Features
    Time Out New York / Issue 642 : Jan 17–23, 2008
    Get rich

    Portraits of New York wealth

    You want to be rich? Here are the local successes to emulate.

    By Danae DeShazer

    Henry Kravis, 63

    Net worth: $5.5 billion
    Hostile takeover? No problem!
    A partner in respected/feared leveraged-buyout firm Kohlberg Kravis Roberts, Kravis became rich using a similar strategy to Ron Perelman: poach struggling, debt-saddled companies, rework the balance sheets and sell for profit. Kravis sits on the board of the Metropolitan Museum of Art and owns homes in Manhattan; Southampton; Palm Beach, Florida; Sharon, Connecticut; Meeker, Colorado; Paris and the Dominican Republic.

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