Rich Kinder buys 200K KMI shares as "smart money" moves away from KMP

|About: Kinder Morgan, Inc. (KMI)|By:, SA News Editor

Rcihard Kinder discloses buying nearly 200K shares of Kinder Morgan (KMI -2.4%) worth ~$6.4M, just four days after disclosure of a 100K share purchase worth ~$3.3M.

The purchases may add to the perception, discussed in this weekend's negative Barron's piece, of an enormous transfer of wealth from MLP Kinder Morgan Partners (KMP -5.3%) to general partner KMI and that “the smart money has gravitated toward the GP.”

Rich Kinder owns an $8.1B stake in KMI vs. just $26M in KMP.

Also: KMR -4.6%, EPB -0.6%.