What is Paul Krugman’s Net Worth and Salary?Paul Krugman is an American economist and author who has a net worth of $5 million. Paul Krugman writes for the New York Times and teaches at the Graduate Center of the City University of New York. Previously, he taught at such schools as MIT and Princeton University, and was the president of the Eastern Economic Association. Regarded as one of the world’s top economists, Krugman has penned over 25 books covering such topics as taxation, income distribution, and international economics. He is most widely recognized for his research and theories with regards to New Trade Theory and New Economic Geography, and he was awarded the Nobel Memorial Prize in Economic Sciences in 2008.? Compare Paul Krugman’s Net WorthEarly Life and EducationPaul Krugman was born on February 28, 1953 in Albany, New York to Russian-Jewish parents David and Anita. He spent much of his early childhood in Utica before moving with his parents to the hamlet of Merrick when he was eight. As a teen, Krugman went to John F. Kennedy High School in Bellmore. He subsequently attended Yale University, from which he graduated summa cum laude in economics in 1974. Krugman went on to earn his PhD in the same field from MIT in 1977.Career in AcademiaIn late 1977, Krugman became an assistant professor at Yale. Two years later, he joined the faculty of his other alma mater, MIT. After spending a year on the White House’s Council of Economic Advisers in the early 80s, Krugman returned to MIT as a full professor. Later, in 2000, he became Professor of Economics and International Affairs at Princeton University, where he remained through 2015. Following his retirement from Princeton, Krugman joined the faculty of the Graduate Center of the City University of New York. Among his other academic positions, he has taught at Stanford University and the London School of Economics.As an academic, Krugman is known for his in-depth writing on international economics, with areas of concentration including economic geography, global trade, and international finance. He is particularly renowned for pioneering the field of New Trade Theory, which focuses on the role of increasing returns to scale and network effects, as well as for his work in the area of New Economic Geography. Krugman has also been influential in writing about international finance, with his 1979 paper on currency crises standing as one of his most cited works. His other academic specialties include liquidity traps, income distribution, and macroeconomics.CommentatorAs a commentator, Krugman has written columns for such publications as Fortune, Slate, the Harvard Business Review, Foreign Policy, Harper’s, the Economist, and Washington Monthly. He has also written extensively for the New York Times, with some of his most famous columns being his critiques of George W. Bush’s economic policy proposals in the early 2000s.SalaryBetween teaching salaries, New York Times salary, speaking gigs and media commentator salaries, Paul Krugman routinely earns $300,000 – $500,000 per year.For example, when Krugman teaches at City University of New York, he earns a salary of $255,000 per year.AuthorIn addition to his work in academia, Krugman has authored a myriad of economics and public policy books for general audiences. His titles include “The Age of Diminished Expectations,” “Peddling Prosperity,” “The Return of Depression Economics,” “The Conscience of a Liberal,” and “Arguing with Zombies.” Krugman has also published the essay collections “The Accidental Theorist and Other Dispatches from the Dismal Science” and “The Great Unraveling,” which are comprised of columns he wrote for Slate and the New York Times, respectively.Economic and Political PositionsKrugman embraces Keynesian economics; however, he has been critical of the New Keynesian theory, promoting instead the use of the IS-LM model of the neoclassical synthesis. He supports free trade and the Green New Deal, but has criticized the effects of immigrant labor on the wages of domestic workers. Still, Krugman identifies as liberal.Awards and HonorsKrugman has received numerous accolades for his work over the years. In the 90s, he won the John Bates Clark Medal from the American Economic Association and the Adam Smith Award from the National Association for Business Economics. Krugman’s laurels in the early 2000s included the H.C. Recktenwald Prize in Economics from the University of Erlangen-Nuremberg and the Columnist of the Year award from Editor & Publisher magazine. In 2008, Krugman was the sole recipient of the Nobel Memorial Prize in Economic Sciences. His other accolades have included Yale University’s Howland Memorial Prize; the Gerald Loeb Award; and the James Joyce Award. Krugman has also earned multiple honorary doctorate degrees, including from Haverford College, the University of Lisbon, the University of Toronto, and the University of Oxford.Personal LifePreviously, Krugman was married to designer Robin L. Bergman. The couple ultimately divorced. In 1996, he married fellow economist Robin Wells, with whom he has co-authored a number of economics textbooks. Krugman resides in New York City.
What Is Bobby Berk’s Net Worth and Salary?Bobby Berk is an American interior designer and reality television personality who has a net worth of $10 million. Berk is best known as the interior design expert on the Netflix reality series “Queer Eye,” which began streaming in 2018. After serving as creative director at Portico, Bobby founded Bobby Berk Home, an online store, in 2006. He later opened stores in Manhattan, Atlanta, and Miami, followed by Bobby Berk Interiors + Design in Los Angeles. Bobby has appeared on the television shows “Lip Sync Battle” (2019), “Alexa & Katie” (2019), and “Masked Singer” (2021), and he starred in Keala Settle, Kesha, and Missy Elliott’s 2018 music video “This Is Me (The Reimagined Remix)” and Taylor Swift’s 2019 music video “You Need To Calm Down.”? Compare Bobby Berk’s Net WorthEarly LifeBobby Berk was born Bobby James Berk on August 25, 1981, in Houston, Texas. Bobby’s mother was young when he was born, and he was adopted by her sister and brother-in-law, Connie and Jerry Berk. Bobby was raised in Mount Vernon, Missouri, and he has said that he was subjected to homophobia while growing up in the conservative Bible Belt. Berk left Mount Vernon for Springfield, Missouri, when he was 15 years old. He took a job at Applebee’s in Branson and stayed with friends or slept in his car, and he drove to Mount Vernon every weekday to finish his sophomore year of high school. Bobby later got emancipated from his parents so he could attend school in Springfield, and he enrolled at Kickapoo High School. Berk later dropped out because he couldn’t afford to pay rent while attending school, and a telemarketing job at MCI Communications led to him meeting his biological father. By the time Bobby turned 18, he had moved to Denver, Colorado, where he worked at the Bombay Company.Early CareerWhen Berk was 20, he moved to New York City and worked at Bed, Bath and Beyond and Restoration Hardware. He later found work at the home furnishing company Portico and eventually became the company’s creative director. In 2006, he launched the online store Bobby Berk Home, and the following year he opened his first physical location in SoHo, Manhattan. Bobby then opened stores in Miami, Florida, and Atlanta, Georgia. In 2015, he opened Bobby Berk Interiors + Design, a “full-service bespoke interior design practice for residential, commercial, and hospitality clientele,” in Los Angeles.Queer EyeIn 2018, Berk began starring on “Queer Eye” alongside fashion expert Tan France, culture and lifestyle expert Karamo Brown, grooming expert Jonathan Van Ness, and food and wine expert Antoni Porowski. The series was renewed for a its seventh season in April 2022, and it has won several Primetime Emmys for Outstanding Structured Reality Program (2018, 2019, 2020, and 2021) as well as a GLAAD Media Award for Outstanding Reality Program (2019). Besides starring on “Queer Eye” and running Bobby Berk Interiors + Design, he also designs the Bobby Berk Collection, which includes rugs, candles, wallpaper, and art. In 2019, Bobby lent his voice to the “Disclosure the Movie: The Musical!” episode of the Netflix animated series “Big Mouth,” and in 2020, he appeared in the Taylor Swift documentary “Miss Americana.” In 2021, he competed on the Fox series “The Masked Singer” as “Caterpillar” and performed Beyoncé’s “If I Were a Boy,” NSYNC’s “It’s Gonna Be Me,” and Garth Brooks’ “Friends in Low Places” before being eliminated. That year Berk also served as a guest judge on the glassblowing competition series “Blown Away,” and he hosted “Blown Away: Christmas.”Personal LifeBobby married maxillofacial surgeon Dewey Do in June 2012. In a 2018 interview with “People” magazine, Berk said of the wedding, “I was surprised with a proposal and then before I could even think about planning a wedding, the wedding was happening then as well. He’s very lucky that I said yes. We’ve been together for fourteen years, we’ve been married for six; as soon as it became legal to get married, we got married, so he was pretty confident that I’d say yes.” Bobby supported Senator Elizabeth Warren in the 2020 Democratic presidential primaries. In June 2020, when the Supreme Court ruled that employment discrimination against the LGBT community violated the Civil Rights Act of 1964, Berk and Jonathan Van Ness praised the decision and encouraged Congress to pass the Equality Act. During an appearance on “Watch What Happens Live,” Bobby stated, “Long story short, it’s a great step in the right direction. But we don’t want to let it overshadow the fact that we still have a very large fight to fight, not just for the LGBT community but for any marginalized minority community.”Award NominationsBerk and his “Queer Eye” castmates received Primetime Emmy nominations for Outstanding Host for a Reality or Reality-Competition Program in 2020, 2021, and 2022. They have earned six Gold Derby Award nominations, one for Reality Host of the Decade (2019) and five for Reality Host (2018, 2019, 2020, 2021, and 2022). The “Queer Eye” cast has also received three Online Film & Television Association Award nominations: Best Individual Host or Panelist in a Reality or Non-Fiction Program (2018 and 2020) and Best Host or Individual Performance in A Variety, Nonfiction, or Reality Program (2021).Real EstateIn 2019, Berk paid $1.4 million for a 1,496 square foot home in L.A.’s Los Feliz neighborhood. Bobby listed the three-bedroom, 2.5-bathroom home for sale in for $1.695 million in October 2020, not long after he and Dewey paid $2 million for a new home in L.A.
What is Fred Ehrsam’s Net Worth?Fred Ehrsam is a tech entrepreneur, business executive, and investor who has a net worth of $1 billion. Fred Ehrsam is known for co-founding the cryptocurrency investment firm Paradigm and the cryptocurrency exchange company Coinbase. Previously, he served as a foreign exchange trader at the financial services company Goldman Sachs. In 2013 and 2014, Ehrsam was named to the “30 Under 30” lists of Time magazine and Forbes, respectively.? Compare Fred Ehrsam’s Net WorthEarly Life and EducationFrederick Ernest Ehrsam III was born on May 10, 1988 in Boston, Massachusetts, and was brought up in Concord. In high school, he played video games on the professional level. A particularly savvy player of the massively multiplayer online role-playing game “World of Warcraft,” it was from that game that he was introduced to the idea of in-game digital currency. Ehrsam went on to attend Duke University in Durham, North Carolina, graduating with a BS degree in computer science and a minor in economics.Career BeginningsFollowing his graduation from Duke, Ehrsam began serving as a foreign exchange trader at the financial services company Goldman Sachs in New York City. During this time, he first learned about cryptocurrency from reading the paper of a Georgetown University professor. Subsequently, Ehrsam began trading bitcoin in his free time.CoinbaseAlong with former Airbnb engineer Brian Armstrong, whom he had met on the bitcoin subreddit forum, Ehrsam co-founded the cryptocurrency exchange platform Coinbase in San Francisco, California in 2012. They created the company in order to allow cryptocurrency enthusiasts to trade various digital currencies online.Just two years after its founding, Coinbase had grown to over one million users; it also acquired the blockchain explorer service Blockr and the web bookmarking company Kippt, and launched a vault system for safe storage of bitcoin. Coinbase also began partnering with such companies as Dell, Overstock, and Expedia, through which consumers were allowed to pay via bitcoin. In 2015, Coinbase expanded its service range to Canada and Singapore. Ehrsam ultimately left the company in early 2017, but chose to remain on its board while still owning around 9% of company stock. During the COVID-19 pandemic, Coinbase began operating entirely through the remote work of its employees. In the spring of 2021, it went public on the Nasdaq exchange; the following year, amid the global decline of cryptocurrency, Coinbase laid off over 1,000 of its full-time employees.Wealth Peak and DropAt Coinbase’s all-time market cap of $112 billion, Fred Ehrsam’s net worth peaked at a little over $10 billion. A year later his net worth had dropped to $1 billion after the stock price dropped precipitously.ParadigmAfter leaving Coinbase, Ehrsam co-founded the cryptocurrency investment firm Paradigm in 2018 with former Sequoia Capital investor Matt Huang. The pair also became managing partners at the firm. By late 2020, Paradigm had made 28 investments in companies involved in the cryptocurrency market. Later, in November of 2021, the firm closed the biggest cryptocurrency venture capital fund in history, raising $2.5 billion to invest in fledgling cryptocurrency and Web3 ventures.HonorsIn 2013, at the age of 25, Ehrsam was included on Time magazine’s list of “30 People Under 30 Changing the World.” The following year, he was named on Forbes’ “30 Under 30” list.
What is Albert S. Ruddy’s Net Worth?Albert S. Ruddy is a film and television producer and writer who has a net worth of $50 million. Albert S. Ruddy is best known for producing the Best Picture Oscar winners “The Godfather” and “Million Dollar Baby.” He has also produced such films as “The Longest Yard,” “Matilda,” “The Cannonball Run,” and “Cry Macho.” For television, Ruddy co-created the series “Hogan’s Heroes” and “Walker, Texas Ranger.”? Compare Albert S. Ruddy’s Net WorthEarly Life and EducationAlbert S. Ruddy was born on March 28, 1930 in Montreal, Quebec, Canada to Jewish parents. He was raised by his mother Ruth in both New York City, New York and Miami Beach, Florida. In the former city, Ruddy went to Brooklyn Technical High School as a teen. He subsequently went on a scholarship to City College of New York, where he studied chemical engineering. Ruddy then moved to Los Angeles to attend the University of Southern California’s School of Architecture.Career BeginningsFollowing his graduation from USC, Ruddy designed homes back on the East Coast. Returning to the West, he did a brief stint at Warner Bros. Pictures. After meeting studio head Jack L. Warner, Ruddy became a programmer trainee at the non-profit global policy think tank RAND Corporation. He subsequently returned to the world of entertainment as a television writer at Universal Studios.Film CareerIn 1965, Ruddy produced his first feature film, the romantic drama “Wild Seed”; he shared a producing credit with Marlon Brando Sr., who had hired him for the project. His next producing credit came in 1970 on the dramedy “Little Fauss and Big Halsy,” starring Robert Redford and Michael J. Pollard as a pair of motorcycle racers. The following year, Ruddy produced “Making It,” starring Kristoffer Tabori and Marlyn Mason.One of the greatest triumphs of his career came in 1972, when he produced Francis Ford Coppola’s epic crime film “The Godfather,” based on the novel by Mario Puzo. An enormous critical and commercial hit, the film went on to earn Ruddy the Academy Award for Best Picture.Two years later, he produced the prison sports comedy “The Longest Yard,” which originated from his own story idea. Ruddy next produced the adult animated blaxploitation film “Coonskin,” directed by Ralph Bakshi. The final film he produced in the 70s was the comedy “Matilda,” based on the eponymous Paul Gallico novel.Ruddy had his next box-office smash in 1981 as producer of the Burt Reynolds action comedy “The Cannonball Run.” Subsequently, he produced and co-wrote a less successful action film, “MegaForce.” In 1984, Ruddy produced the heist film “Lassiter” and the action comedy sequel “Cannonball Run II.” He followed these with the adventure film “Farewell to the King”; the neo-noir “Impulse”; the sports comedy “Ladybugs”; the Western “Bad Girls”; another sports comedy, “The Scout”; and the crime thriller “Heaven’s Prisoners.”In 2004, Ruddy produced Clint Eastwood’s “Million Dollar Baby,” for which he won his second Academy Award for Best Picture. He later reunited with Eastwood in 2021 to produce “Cry Macho.” Ruddy’s other producing credits have included the 2005 remake of “The Longest Yard” and the direct-to-video sports comedy “Cloud 9,” which he also co-wrote.Television CareerFor the small screen, Ruddy began as a writer on the CBS anthology series “The Lloyd Bridges Show” in 1963. A couple years later, he co-created and began writing for the hit CBS sitcom “Hogan’s Heroes,” which ran for six seasons through 1971. Following this, Ruddy produced the television film “Thunderguys.” In 1976, he produced another television film, “The Macahans,” which was shortly after adapted into the series “How the West Was Won.”After a short break from television, Ruddy returned to produce the 1981 television film “Stockers.” He then took a longer break before returning to the small screen in 1993 to co-create the action crime series “Walker, Texas Ranger,” starring Chuck Norris. Other creators of the show were Paul Haggis, Leslie Greif, and Christopher Canaan. A hugely successful series, “Walker, Texas Ranger” ran for eight seasons through 2001, and spawned a television film in 2005.The OfferIn 2022, Ruddy served as an executive producer on the Paramount+ miniseries “The Offer,” a fictionalized account of the development and production of Coppola’s “The Godfather.” As part of the main cast, actor Miles Teller portrays Ruddy.Personal LifeRuddy’s first marriage was to Françoise Wizenberg, whom he eventually divorced. Wizenberg later changed her name to Ma Prem Hasya after becoming a follower of the Indian religious leader Rajneesh. Ruddy wed his second wife, Wanda McDaniel, in 1981. The couple has a son named John and a daughter named Alexandra.
What was Michael Lang’s net worth?Michael Lang was an American concert promoter, producer and artistic manager who had a net worth of $10 million. Michael Lang was best known for being the co-creator of the Woodstock Music & Art Festival in 1969. Michael and his partners expected 50,000 people may attend Woodstock. They ended up selling 186,000 tickets and ultimately 400,000 people attended. Tickets were sold for $8 per day. Lang also co-produced Woodstock 94 and the ill-fated Woodstock 99.? Compare Michael Lang’s Net WorthEarly LifeMichael Scott Lang was born in Brooklyn, New York on December 11, 1944. His father installed HVAC systems and his mother was the book keeper. Michael attended New York University and the University of Tampa. In 1966, while still living in Florida, he opened a head shop. Through this shop he became fascinated by the music business.Miami Pop FestivalIn 1968 Michael and some partners produced the successful Miami Pop Festival, which featured Steppenwolf, Frank Zappa, John Lee Hooker and Jimi Hendrix among others.WoodstockWith the success of Miami Pop on his mind and a few dollars in his pocket, Michael moved to Woodstock, New York, which at the time was known for being the part-time residence of Bob Dylan. While living in Woodstock, Michael met record executive Artie Kornfeld. With two other partners, John P. Roberts and Joel Rosenman, they established Woodstock Ventures.John Roberts was the heir to the Polident/Poli-Grip fortune. When John turned 21 he inherited $250,000, equal to $2.3 million in today’s dollars. Roberts and Rosenman had actually placed an ad in the New York Times in which they described themselves as “young men with unlimited capital” looking for investment ideas. Michael Lang and Artie Kornfeld’s reply was one of 5,000 that Rosenman and Roberts received from the ad.The group’s initial idea was to create a recording studio in Woodstock. According to legend, the goal of the music festival was to create enough profit to pay for the recording studio.As it turned out, the actual town of Woodstock proved to be not an ideal location for a music festival that could potentially attract tens of thousands of attendees. The partners ultimately chose a farm in nearby Bethel, New York on land owned by a dairy farmer named Max Yasgur.Woodstock took place between August 15 and August 18, 1969. Dozens of artists performed, notably Jimi Hendrix, Jefferson Airplane, Santana, Joe Cocker, Janis Joplin, Crosby, Still, Nash & Young, Bob Dylan, Joni Mitchell… and more.Woodstock EarningsAs we mentioned earlier, the partners hoped 50,000 people would buy tickets. In the end 180,000 tickets were sold, but 400,000 people showed up. The concert generated around $1.8 million in gate receiptsWoodstock reportedly cost between $2.4 million and $3.1 million to produce. That’s the same as around $20 – $25 million in today’s dollars. After the concert, John Roberts found himself in debt to the tune of $1 million. To get out of debt he sold the film and soundtrack rights to Warner Bros. But even with these sales, Roberts remained in debt from Woodstock until at least 1980.After WoodstockMichael and Artie Kornfeld left the Woodstock Ventures partnership immediately after the festival was over. Years later he would re-join as a minority partner. Woodstock Ventures continues to own the intellectual property rights for the festival to this day. One of the partnership’s most valuable assets is its iconic image of a dove on a guitar. That image has been licensed countless times over the decades.In the years after Woodstock, Michael formed a record label called Just Sunshine and became a music manager. He soon found himself managing Joe Cocker who became globally famous thanks largely to his Woodstock performance.In 2009 Michael co-wrote the New York Times best-selling book “The Road to Woodstock.”Michael Lang OrganizationMichael was the founder of the Michael Lang Organization (MLO) which produced films, live events and managed artists. MLO produced dozens of notable events over the years including Lincoln Center’s 50th Anniversary event, while also producing concerts for an endless range of popular artists.In 1996 Michael was an associate producer on Wes Anderson’s early film “Bottle Rocket.”Woodstock 94 and 99Michael Lang produced both Woodstock 94 and 99. Woodstock 94 was widely considered a huge success minus the bad weather. Rain caused the event to be absolutely soaked in mud. But otherwise, concertgoers and performers had a positive experience.When Woodstock 99 was conceived, Michael and his fellow producers chose a shuttered military base in the town of Rome, NY. Their hope was that the base’s facilities and concrete runway would be allow them to avoid many of the issues that were experienced at Woodstock 94. Unfortunately Woodstock 99 turned into a bit of a disaster. Scorching weather combined with the concrete created a blazing hot weekend. Festival attendees would later claim there was a severe lack of facilities, clean drinking water, affordable food and security. On the last day of the event, the unruly mob – exhausted and on the third day of drinking and doing drugs in boiling temps, went wild. The crowd essentially burned the facility to the ground. State police were called-in to settle the riot. In the aftermath, female concert attendees complained of widespread sexual assault while at the event.Personal LifeIn 1972 Michael married Ann Lang, who was one of Joe Cocker’s backup singers. They divorced in 1982. He then married a woman named Tamara Pajic. He had four children.Michael Lang died on January 8, 2022 at the age of 77 from Non-Hodgkin lymphoma.Real EstateAt the time of his death, Michael Lang lived on a 17-acre property in the town of Mount Tremper, New York, just 20 minutes away from Woodstock, NY and about an hour and a half from Bethel, where the original festival was held. The property, which is known as Happy Brooks, features a 5,000 square-foot main house, several other guest houses and cottages, a greenhouse, koi pond, pool, orchard, tree house and more. Michael listed the property for sale in June 2020 or $2.45 million but ultimately removed the listing.
What is Henry Kravis’s Net Worth and Salary?Henry Kravis is an American businessman and investor who has a net worth of $8 billion. Henry Kravis earned his fortune as the co-founder of the investment company Kohlberg Kravis Roberts & Co, a multinational private equity firm specializing in leveraged buyouts.. He co-founded the firm in 1976 with his business partners Jerome Kohlberg Jr. and George R. Roberts. He completed numerous transactions through the company over the years, including the notorious leveraged buyout of RJR Nabisco in 1989. Kravis’s predilection for leveraged buyouts has drawn significant criticism, as has his support of Donald Trump.? Compare Henry Kravis’ Net WorthEarly Life and EducationHenry Kravis was born on January 6, 1944 in Tulsa, Oklahoma to Jewish parents Bessie and Raymond. His father was a successful oil engineer in Tulsa who had previously been a business partner of Joseph Kennedy. As a youth, Kravis went to Eaglebrook School, an independent boarding and day school in Deerfield, Massachusetts. Following this, he attended the college preparatory institute Loomis Chaffee School in Windsor, Connecticut. In his senior year there, Kravis was elected student council vice president. For his higher education, he went to Claremont McKenna College as an economics major; for all four of his years there, he played varsity golf. Kravis went on to attend Columbia Business School, earning his MBA in 1969.Bear StearnsAfter graduating from Columbia, Kravis joined the staff of the New York City-based investment firm Bear Stearns. His cousin George R. Roberts also joined at the same time. Together, the two worked under corporate finance manager Jerome Kohlberg Jr. In the early 70s, Kravis, Roberts, and Kohlberg made a number of notable investments and completed some of the earliest leveraged buyouts in private equity history. They bought out such companies as Incom, Cobblers Industries, and Boren Clay.Kohlberg Kravis RobertsDue to tensions that developed with Bear Stearns executive Cy Lewis, Kravis, Kohlberg, and Roberts left the firm in 1976 to found their own investment company, called Kohlberg Kravis Roberts. The company was supported by such early investors as the Griffith and Hillman families. After Kohlberg resigned in 1987, KKR continued to be run by Kravis and Roberts. The two subsequently became responsible for the notorious leveraged buyout of RJR Nabisco in 1989, which was the biggest buyout in history at the time at $31.4 billion. However, by early 1995, KKR had divested its holdings in the company, resulting in an overall loss on the transaction. KKR has since had more profitable investments in companies including Playtex, Safeway, Borden, and Regal Entertainment Group. The firm also completed lucrative takeovers of battery manufacturer Duracell and the retail electricity provider TXU Energy. KKR went public on the New York Stock Exchange in 2010.In late 2013, KKR closed on its first real estate investment fund, which raised around $1.2 billion. The firm made numerous other investments over the subsequent years. In the summer of 2017, Kravis and Roberts announced that they would be stepping down from their positions as co-CEOs and would be succeeded by Scott C. Nuttall and Joseph Y. Bae. The succession eventually took place in October of 2021. By the end of that year, KKR had completed over 650 private equity investments in its portfolio companies, amassing around $675 billion of total enterprise value.PhilanthropyBeyond KKR, Kravis has been involved in numerous philanthropic endeavors. He funds the Kravis Leadership Institute at his alma mater of Claremont McKenna College, which administers the Kravis Prize to exceptional leaders of non-profit organizations. Kravis has also funded the construction of facilities at his other alma maters, Eaglebrook School and the Loomis Chaffee School, as well as at Middlesex School and Deerfield Academy.Among his other philanthropic activities, Kravis donated $15 million to Mount Sinai Medical Hospital for the establishment of a cardiovascular health center. He is also a trustee of the hospital. Additionally, Kravis sits on the boards of the Metropolitan Museum of Art and the Partnership for New York City, and chairs the non-profit organization Sponsors for Educational Opportunity. He also co-chairs the Columbia Business School Board of Overseers.PoliticsA Republican, Kravis has done fundraising for such presidential candidates as George H. W. Bush, George W. Bush, and John McCain. In 1997, he established the Republican Leadership Council with financier Lewis M. Eisenberg. Later, in 2017, Kravis donated $1 million to Donald Trump.Personal LifeWith his first wife Hedi Shulman, Kravis had three children named Harrison, Robert, and Kimberly. The couple eventually divorced. In 1985, Kravis wed his second wife, socialite and fashion designer Carolyne Roehm. The pair later divorced in 1993. The year after that, Kravis married Canadian businesswoman Marie-Josée Drouin. Although he mostly resides in New York City, Kravis also owns houses in Palm Beach, Florida; Sharon, Connecticut; and Paris, France, among other places.In the media, Kravis was portrayed by actor Jonathan Pryce in the 1993 television film “Barbarians at the Gate,” based on the eponymous book detailing the 1989 buyout of RJR Nabisco.
What was Steven Bochco’s Net Worth?Steven Bochco was an American television writer and producer who had a net worth of $150 million at the time of his death. Steven Bochco was known for being the producer behind multiple successful television series including, “Hill Street Blues”, “L.A. Law”, “Doogie Howser, M.D.”, and “NYPD Blue”, among others. For his work on those shows, he won multiple Emmy Awards and Peabody Awards. Later in his career, Bochco created the TNT series “Raising the Bar” and “Murder in the First.” During his career, Steven Bochco won 10 Emmy Awards, including six for Hill Street Blues. He was inducted into the Television Hall of Fame in 1996.? Compare Steven Bochco’s Net WorthEarly Life and EducationSteven Bochco was born as Steven Ronald Bochco Masterson on December 16, 1943 in New York City to Jewish parents Mimi and Rudolph. His mother was a painter and his father was a concert violinist. Bochco has an older sister, Joanna, who is an actress. As a teenager, Bochco went to the High School of Music & Art in Manhattan. He subsequently attended the Carnegie Institute of Technology in Pittsburgh, Pennsylvania. There, Bochco studied theater and graduated with his BFA in 1966.Career BeginningsBochco began his career as a writer and eventually a story editor at Universal Pictures. For the studio, he worked on a number of television crime drama series, such as “Columbo,” “Ironside,” “McMillan & Wife,” and the short-lived “Griff.” He also worked on “The Invisible Man.” Additionally, Bochco co-wrote the crime film “The Counterfeit Killer” with Harold Clements and the science-fiction film “Silent Running” with Michael Cimino and Deric Washburn. In 1978, he left Universal to join MTM Enterprises, where he created the CBS police procedural series “Paris,” starring James Earl Jones.Breakthrough with “Hill Street Blues”Bochco had his big break in 1981 when he co-created the NBC police procedural television series “Hill Street Blues” with Michael Kozoll. A huge success, the show won eight Emmy Awards in its first season, including Outstanding Drama Series. “Hill Street Blues” went on to win Outstanding Drama Series for three more consecutive years. Ultimately, the series ran for seven seasons through 1987.Success with “L.A. Law”After being fired from MTM due to the poor reception of his show “Bay City Blues,” Bochco had his next smash hit with the NBC legal drama “L.A. Law,” which he co-created with Terry Louise Fisher at 20th Century Fox. The show was highly acclaimed for its ensemble cast, intricate writing, and exploration of such major social issues as racism, homophobia, and domestic violence. “L.A. Law” ran for eight seasons from 1986 to 1994, and garnered Bochco three Emmy Awards during its run, including two for Outstanding Drama Series.Steven Bochco ProductionsFollowing the disappointing run of his dramedy series “Hooperman,” Bochco created his own production studio, Steven Bochco Productions. His first show created through the studio was the medical sitcom “Doogie Howser, M.D.,” starring Neil Patrick Harris as the titular teenage doctor. The hit show ran for four seasons from 1989 to 1993. Next, Bochco co-created the short-lived police procedural musical series “Cop Rock” and the animated series “Capitol Critters.” He subsequently achieved major success with the police procedural series “NYPD Blue,” which he co-created with David Milch. Running for an incredible 12 seasons from 1993 to 2005, the show earned Bochco an Emmy Award and two Peabody Awards.In the latter half of the 90s, Bochco co-created the legal drama series “Murder One” and the police drama series “Brooklyn South,” neither of which were able to match his past successes. He continued to struggle in the early 2000s with such tepidly received shows as “City of Angels,” “Philly,” and “Over There.” In 2005, Bochco took control of the political drama series “Commander in Chief,” and brought in a new team of writers; however, he soon left the show due to conflicts with ABC. His next series was the TNT legal drama “Raising the Bar,” which he co-created with David Feige. The show was canceled following its second season. Bochco’s final show was another TNT series, “Murder in the First,” co-created by Eric Lodal; it ran for three seasons from 2014 to 2016.Personal Life and DeathBochco was married a total of three times. His first wife was Gabrielle Levin, to whom he was wed from 1964 until their divorce in 1969. Bochco subsequently married actress Barbara Bosson in 1970; they later divorced in 1997. His third and final wife was television executive Dayna Kalins, to whom he was married from 2000 until his passing in 2018. Bochco has three children, including television director and producer Jesse.In 2014, Bochco was diagnosed with leukemia. He passed away from the disease in April of 2018 at the age of 74 in his home in Los Angeles.Real EstateAt the time of his death, Steven Bochco’s primary home was a nearly 11,000 square foot mansion in LA’s Pacific Palisades neighborhood. In August 2022 this home was offered for sale by Bochco’s heirs for $35 million.