The Kravis Family – $5.8B
Kohlberg Kravis Roberts & Co’s business profile is pretty familiar to the investing world seeing as the firm is among the largest of its type, managing massive portfolios which bring in revenue of over a billion dollars a year. A co-founder of the firm is Henry Kravis, who started the company with his fellow alumni from Bear Sterns. One of the biggest risks they took was buying out Nabisco in the 1980s, which was the largest buyout ever in America at the time. Smart acquisitions (like Duracell) made up for losses from not-so-smart purchases (like Regal Cinemas), and the firm has significantly expanded its overseas market, with their most recent purchase of a motion picture studio as well as German media companies.
The Kravis Family – $5.8B
The Gallo Family – $10.7B
The Gallos have been in the business of producing wine for almost a century, and their original patriarch, Giuseppe Gallo, actually immigrated from Fossano, Italy to America in the early 20th century. He first did menial labor jobs before starting a vintner business and finding a winery. After Giuseppe’s death, his winery was passed to his children Ernest and Julio, who established the E. & J. Gallo Winery officially. Their other brother, Joseph, made cheese and founded the huge Joseph Gallo Farms empire. Together, the family is currently the largest producer of wine that is based in the U.S..
The Gallo Family – $10.7B