Jules B. Kroll

Jules B. Kroll (born May 18, 1941) is an American businessman whose company, Kroll, Inc., is credited with founding the modern corporate investigations industry, Kroll, Inc., in 1972. In 2004 Kroll was sold to Marsh & McLennan Companies for $1.9 billion.

In 2009, Kroll founded two successor firms, Kroll Bond Rating Agency (KBRA) and K2 Intelligence. KBRA is the first independent bond rating agency formed since the financial crisis of 2007–08. Kroll Bond Rating Agency, a Nationally Recognized Statistical Rating Organization (NRSRO), was established by Jules Kroll to restore trust in credit ratings by establishing new standards for assessing risk and offering clear and transparent ratings. K2 Intelligence, run by Kroll's son Jeremy continues the family's work in asset recovery, due diligence, litigation support, and a range of corporate investigations.

Early life and education

Jules Kroll was born to a Jewish family on May 18, 1941, in Bayside, Queens. His father ran a printing business that was subject to graft and demands for kickbacks from purchasing agents. Kroll attended Cornell University, where he was a member of Quill and Dagger, and Georgetown University Law Center.