jerome coleberg one of the original architects and co-founder of kkr was 90 years old. he founded it in 1976 and became a major force when it took over rjr nabisco. though he left the firm a year before that deal was completed. the leverage buyout industry is now valued at more than $2.5 trillion. >>> an update to a story we told but in april. the ceo of gravity payments made a splash, a radical move to raise his companywide minimum wage to $70,000 over the next three years. however, today, according to a new york times report, that plan has back fired. customers with drew their business their clients that were attracted because of the new plan haven't started paying off yet. some higher ranking employees have quit since they didn't receive raises comparable to the huge jump for entry level staff. >> we've told but the rising price of housing in silicon valley of course. that pales in comparison to the real estate market two hours north of san francisco. josh lipton tells us what is driving the sky high listings in california's wine country. >>> check money is flowing i