The three of us -- Jerry Kohlberg, George Roberts and I -- left Bear Stearns without a job or a business, but we had what we believed to be a good idea. George and I each scraped together $10,000, and Jerry, who was 19 years older and on much better financial footing, put down $100,000 to start the firm we named after ourselves.
In 1976, George Roberts and I sat down at Joe & Rose to discuss what we wanted to do, sketching out on a napkin plans for what we know today as KKR. © Chester Higgins Jr./The New York Times/Redux
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