When A Billionaire Lives In Your Town: Robert Kraft

Robert Kraft, the New England Patriots owner, is one of the most successful businessmen in Massachusetts. His company, The Kraft Group, has over 20 different entities that generate billions of dollars in revenue each year. Robert Kraft was born and raised in Brookline, MA, and attended Columbia University, majoring in Business Administration.

He then went on to work for his father’s packaging company before purchasing it from him when he retired at age 54. Robert grew from a simple packaging supplier to a diversified international conglomerate with over 100 different businesses in 30 countries.

Robert Kraft is most known for his ownership of the New England Patriots football team since 1994 when he bought them from the previous owner James Orthwein who was moving out of Boston after failing to secure public financing for a new stadium. According to Forbes magazine, Robert, along with his three sons, who all have an ownership stake in the Patriots as well, is some of the wealthiest people on the planet, worth around 25 billion dollars combined.

Robert Kraft has led several business initiatives, including construction and development projects throughout Boston, including building multi-use venues like Patriot Place in Foxborough. Kraft is also an active philanthropist donating large sums of money to several charitable initiatives, including the Boys and Girls Club, Dana Farber Cancer Institute, Massachusetts General Hospital, and Boston College Athletics.

The Robert and Myra Kraft Family Foundation has donated over $100 Million to various charitable causes, including the Boys and Girls Club, Dana Farber Cancer Institute, Massachusetts General Hospital, and Boston College Athletics.

Robert is also involved in many different business initiatives, such as his multi-use venue Patriot Place located in Foxborough. According to Forbes magazine, Robert has three sons who all have ownership stakes in the Patriots and combined with Robert, and they are worth around 25 billion dollars. Visit this page for related information.

 

Learn more about Kraft on https://www.pro-football-reference.com/executives/KrafRo0.htm