Jerome Kohlberg, Jr.
Encyclopedia : J : JE : JER : Jerome Kohlberg, Jr.
Jerome Kohlberg, Jr. (born 1926). Partnered with Bear Stearns protégés Henry Kravis and George Roberts to form leverage-buyout shop Kohlberg Kravis Roberts. He left to start his own firm in 1987; retired in 1994. He dabbles in philanthropy through the Kohlberg Foundation. He and his wife raise endangered free-ranged livestock and fish on their farm, and some of the produce goes to his wife's restaurant. With an estimated current net worth of around $1.2 billion, he is ranked by Forbes as the 645-richest person in the world.
He was educated at Swarthmore College as an undergraduate. In 1986, he founded the Philip Evans Scholarship Foundation at Swarthmore.
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