Seeking Alpha

Top P-E execs enjoy bonanza year

  • The nine founders of four of the biggest private-equity firms in the world earned over $2.6B between them last year, more than double what they took home in 2012.
  • The executives' base pay is relatively low - in the hundreds of thousands - but they earned the huge amounts from dividends and other payouts as soaring markets allowed their firms to make large profits from cashing out their portfolio investments.
  • Apollo Global Management's (APO) Leon Black earned the most with $546.3M, followed by Blackstone's (BX) Stephen Schwarzman with $465.4M. Carlyle's (CG) David Rubenstein, William Conway and Daniel D'Aniello earned a total of $750M, while at KKR (KKR), cousins Henry Kravis and George Roberts took in a mere $161.4M and $165.5M respectively.
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Comments (1)
  • Michael Nau
    , contributor
    Comments (972) | Send Message
     
    Does this mean that market top is coming?
    4 Mar 2014, 06:59 AM Reply Like
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