Joseph Bae

Last updated
Joseph Bae
Born1973 (age 5253)
South Korea
Education Harvard University (AB)
TitleCo-CEO, Kohlberg Kravis Roberts
Spouse
(m. 1996)

Joseph Yong Bum Bae (born 1973) is an American billionaire businessman who is the co-chief executive officer of KKR & Co. Inc, along with Scott Nuttall. [1] [2] They took over as co-chief executives in fall 2021 from KKR's founders, Henry Kravis and George Roberts.

Contents

Early life and education

Bae was born in 1973 in South Korea, [3] before his family moved to the United States in the 1970s. [4] Bae attended Phillips Academy before attending Harvard College, where he graduated with a bachelor's degree in economics in 1994. [5] [6] [7]

Career

Bae joined KKR in 1996 after a short stint at Goldman Sachs. [1] [2] He is credited with a critical role in KKR's expansion in Asia. [1] He is the first Korean-American to hold a top corporate position in his industry. [8] In 2021, he was one of the founders of The Asian American Foundation. [9]

As of 2025, Forbes estimated his net worth at US$2.4 billion. [10]

Personal life

In 1996, Bae married Janice Y. K. Lee, a fellow Harvard graduate. The couple are major donors to Harvard University, and Bae serves on the Harvard Corporation. [11] [12] Bae, along with his wife Janice, was among a group of Harvard alumni who donated $45 million for Harvard's Asian American studies program in 2021. [13] The couple have four children, and live in New York. [14]

References

  1. 1 2 3 Gottfried, Miriam (2023-04-15). "Don't Call Them 'Barbarians at the Gate'". Wall Street Journal. ISSN   0099-9660 . Retrieved 2023-10-14.
  2. 1 2 "KKR's Joseph Bae, Scott Nuttall succeed founders as co-CEOs". CNBC. 2021-10-11. Retrieved 2023-10-14.
  3. Kim, Ri-Ah. "Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant". The Korea Economic Daily . Archived from the original on 2023-07-17. Retrieved 2025-08-16.
  4. Team, NationSwell (2022-02-02). "A fireside chat with Joseph Bae, co-founder of 'The Asian American Foundation' and co-CEO of KKR". NationSwell. Retrieved 2025-07-22.
  5. "Alumni". Andover | An independent and inclusive coed boarding high school. Retrieved 2025-07-22.
  6. "Joseph Bae". Forbes. Retrieved 2025-07-22.
  7. Team, NationSwell (2022-02-02). "A fireside chat with Joseph Bae, co-founder of 'The Asian American Foundation' and co-CEO of KKR". NationSwell. Retrieved 2025-07-22.
  8. "글로벌 미국 최고의 투자펀드 운용사 KKR 아시아 최고 경영자 배용범Joseph Y. Bae". Korea Scoop. 2024-03-29.
  9. "New foundation with $125 million in funding aims to support Asian American and Pacific Islander community". New York Daily News. 2021-05-04. Retrieved 2023-10-14.
  10. "Forbes Profile: Joseph Bae". 12 April 2025.
  11. gazettebeckycoleman (2024-02-04). "Two new Corporation members". Harvard Gazette. Retrieved 2025-07-22.
  12. "Harvard Corporation's Newest Member Donates $20 Million for Arts & Humanities, Financial Aid | News | The Harvard Crimson". www.thecrimson.com. Retrieved 2025-07-22.
  13. "Alumni Gift $45 Million to Expand Asian American Studies | News | The Harvard Crimson". www.thecrimson.com. Retrieved 2023-10-14.
  14. "Joseph Bae". Forbes. Retrieved 2025-07-22.