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I thought at the time that I wanted to go into institutional sales, selling stocks and bonds to institutions. In those days, which was the 1960s, the institutional salesman was making about $100,000 a year. I thought that was just an enormous amount of money.


Henry Kravis


#amount #bonds #days #enormous #go



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9 billion he is ranked by Forbes as the 281st richest person in the world. In the following years Kohlberg and later Kravis and Roberts 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. Bush and John McCain.

Henry R. a private equity firm with over $62 billion in assets as of 2011. He mainly lives in New York City and has a residence in Palm Beach Florida.

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