Steve Schwarzman Makes Way More Money than Henry Kravis
Henry Kravis and George Roberts each made over $70 million in 2009, according to a new filing with the SEC. Almost all of that was in the form of stock awards, with their actual salaries coming in at $250,000 each. Also included is the use of a chauffeured car, on which Kravis spent $99,000 and Roberts spent around $144,000. For context, Blackstone Group boss Steven Schwarzman's 2009 salary was $350,000. His total 2009 compensation was over $7.8 billion -- almost all of which was stock awards. Leon Black of Apollo Group, on the other hand, had a 2009 salary of $100,000 and total compensation of around $787,000. In terms of fees and carried interest compensation, KKR reports:
6 July 2010•2 mins read
