Billionaire Kinder's Pipeline Giant Drops Under Junk Threat

Updated on
  • Moody's lowered outlook to negative after debt-bloating deal
  • Chairman Rich Kinder added half million shares to his holdings

Billionaire Rich Kinder owned about 11 percent of Kinder Morgan Inc. valued at more than $10 billion in June when he stepped down as chief executive of the company he co-founded.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.