Robert Kraft is an American businessman who is the CEO and chairman of the company Kraft Group. He has got various sports holding from Major League Soccer’s New England Revolution and NFL’s New England Patriots. He co-owned the team Boston Lobsters of World Team Tennis. Kraft has made donations worth millions to several organisations. His holding also comes from the Gillette Stadium. Here is a quick summary of Robert Kraft’s net worth in 2018, career and earnings.
Robert Kenneth Kraft is the son of Harry and Sarah Kraft. He was born in Massachusetts’s Brookline on 5 June 1941. He comes from an observant Orthodox Jewish family.
He finished his schooling in 1959 from Brookline High School. Following that, Kraft attended Columbia University and joined the Zeta Beta Tau fraternity. He has also finished his MBA from Harvard Business School.
Robert Kraft married Myra Nathalie Hiatt in 1963. The couple was the parents of Daniel, David, Jonathan, and Joshua. Kraft’s wife died in 2011 following ovarian cancer. He started dating Ricki Noel Lander in 2012.
He has made a contribution of more than $100 million for various causes like health care, education, youth sports, and much more. He has also funded for Brandeis University. Kraft has supported several universities in the United States.
Robert Kraft became the Newton Democratic City Committee’s chairman when he was 27. He then started to work for Rand-Whitney Group. In 1968, he fetched the company’s control. Four years later, he formed International Forest Products, which dealt in paper commodities.
By 1997, his company became a leading company of imports and exports in the USA. In 1998, he created Kraft Group. Kraft has also invested in New England Television Corp. In 1983, he became the director of the board of New England Television Corp.
In 1974, he became one of the co-owners of the team Boston Lobsters. The team was later folded. He then attempted to purchase the New England Patriots and was also a bidder of Boston Celtics and Boston Red Sox. He bought the horse track Foxboro Raceway in 1985.
In 1994, he bought the New England Patriots. Kraft financed for the creation of Gillette Stadium in 2002. He is also the owner of the New England Revolution. In 2017, he was made the honorary chairman forbidding the FIFA World Cup 2016 jointly in Canada, USA, and Mexico.
Awards & Achievements
Robert Kraft has won the Theodore Roosevelt Award. He was inducted into the American Academy of Arts and Sciences in 2011. In 2012, he won the George Halas Award. Columbia University conferred Kraft with the Alexander Hamilton Medal in 2004. He had also won the Carnegie Hall Medal of Excellence Award in 2013. In 1987, he won the John Jay Award and was a five-time winner of Super Bowl. He has received an honorary doctorate from Yeshiva University.
Net Worth of Robert Kraft
The estimated net worth of Robert Kraft is more than $6.4 billion. The inheritance of this mammoth fortune is from his company, The Kraft Group. His company has got assets from various fields like sports, entertainment, paper and packaging, and real estate. He is the owner of two major sports team. His wealth also comes from the Gillette Stadium. He is the owner of Boston Uprising and successfully formed International Forest Products. His sons are also involved in his business and hold important positions in his company.
Robert Kraft considered one of the most successful business leaders in the world. He was interested in sports for a very long time. Under his ownership, the Patriots won the Super Bowl five times. He has also received several honors for his contribution to philanthropy. Robert Kraft is a prominent name in the field of sports.