Eugene Harold Krabs (born November 30, 1942), commonly known as Mr. Krabs, is a character in The Life of SpongeBob SquarePants. He is a crimson sea crab who owns the wildly popular Krusty Krab restaurant in Bikini Bottom. He is the employer of SpongeBob SquarePants and Squidward Tentacles. Krabs has an overwhelming, unhealthy obsession with money; he keeps much of them to himself and pays his employees under the minimum wage limit. However, he is also a shrewd and capable, if sometimes manipulative, businessman who successfully established the Krusty Krab's reputation as the most successful restaurant in Bikini Bottom. Squidward mostly despises him, while SpongeBob - who cares less about his income - looks up to him as a father figure.
Mr. Krabs has a great obsession with money; in fact, it can be said that he worships money and puts it on a pedestal. He essentially devotes his life to gaining as much money as possible, even at the expense of others; he is always very reluctant to pay his employees above the minimum wage limit. This has resulted in Krabs gaining a reputation as greedy and unscrupulous. Among those who subscribe to this view is his own employee Squidward, who works for him only to avoid falling into poverty and wishes that he can get out of his business as quickly as possible. On the other hand, Krabs is also a very capable businessman and successfully made the Krusty Krab the most popular restaurant in Bikini Bottom. SpongeBob - who does not care very much about his income or getting a raise - reveres Krabs and looks up to him as a father figure.
As shown by his formal, written letter designating SpongeBob as Temporary Manager of the Krusty Krab ("Our Temporary Manager, Mr. SquarePants!"), in which he lists, among others, the full names, dates of birth, and lengths of tenure in the restaurant of himself and his employees, Eugene Harold Krabs was born on November 30, 1942. He is the owner of the Krusty Krab, which he himself established and is now the most popular restaurant in Bikini Bottom. Krabs currently lives in Bikini Bottom.