Leon Black, co-founder and CEO of Apollo Global Management LLC, received $125.5 million in compensation and dividends last year. Mr. Black, 61, was paid $287,368, which included a $100,000 salary and $187,368 from other compensation, New York-based Apollo said. He received $125.2 million in cash dividends from his ownership of Apollo stock.
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Henry Kravis, KKR & Co.'s co-founder and co-CEO, received a payout of over $137 million in 2012, according to the firm. Mr. Kravis earned $35 million in compensation, consisting of a $300,000 salary and $34.7 million in carried interest. Mr. Kravis also received $102 million in cash dividends from his ownership of KKR stock.
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George Roberts, KKR & Co.'s other co-founder and co-CEO, received a payout of over $140 million in 2012, according to the firm. Like Mr. Kravis, Mr. Roberts earned $35 million in compensation, consisting of a $300,000 salary and $34.7 million in carried interest, but Mr. Roberts got $106 million in stock dividends.
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Stephen Schwarzman, co-founder and chief executive officer of Blackstone Group LP, received $213.3 million in pay and cash dividends last year. Mr. Schwarzman was paid a $350,000 salary and $8.1 million from his share of the firm's profits, known as carried interest. He got $204 million in cash dividends from his ownership of Blackstone stock, according to the filing.See the largest leveraged buyouts that made them billionaires