In total, the Kravis group will control a 63.7 percent stake in the company.
If the companies in which he controls big stakes perform well, he said, new buyers are likely to pick up the stock.
Under the proposal, the university's Board of Regents would control a 51 percent stake in the for-profit company.
While shares in both are now traded publicly, the Spanish and Dutch governments still control major stakes.
The issue before the Court was whether the right to control high stakes gambling was protected under section 35(1) of the Constitution Act, 1982.
Burelle controls a 55.1 percent stake in Plastic Omnium, making it the largest shareholder.
Institutional investors who control larger and larger stakes have changed the focus of businesses to increasing short-term profits and dividends.
Companies he controls own stakes in the Russian television channel ORT.
Boris Berezovsky, who controlled major stakes in several banks and the national media, emerged as one of Yeltsin's most prominent backers.
Mr. Harvey, who is 52, is chairman of Matrix and controls a 6 percent stake, which includes a 6,800-share custodial interest for his nieces.