Robert Kraft

$13.84 B

Ranked #205 in World

About Robert Kraft

Robert Kraft, an esteemed American sports executive and businessman, is the Chairman and CEO of the Kraft Group, a diversified holding company. He is renowned for owning the New England Patriots (NFL), New England Revolution (MLS), and Boston Uprising (esports). With an estimated net worth of $11.1 billion, according to Forbes, Kraft has achieved remarkable success in both his sports ventures and business career. Beginning with the Rand-Whitney Group, he gained control of the company through a leveraged buyout and later founded International Forest Products, establishing the largest privately held paper and packaging companies in the US. In the world of sports, Kraft has demonstrated his ownership prowess, leading the Patriots to an impressive six Super Bowl championships and overseeing the establishment of the New England Revolution. Additionally, he has made substantial contributions to philanthropic causes, donating millions of dollars to support various initiatives, including education, healthcare, and combating antisemitism. Kraft's achievements have earned him numerous awards and honors, further solidifying his iconic status in the world of finance and sports.

Born

June 05, 1941 in Brookline, Massachusetts, U.S.

Age

84 years

Source Of Wealth

Manufacturing, New England Patriots

Industries

Sports

Citizenship

United States

Residence

Brookline, Massachusetts

Education

Bachelor of Arts/Science, Columbia University; Master of Business Administration, Harvard Business School

Robert Kraft was born on June 5, 1941, in Brookline, Massachusetts. He is the son of Sarah Bryna (Webber) and Harry Kraft, a dress manufacturer. Kraft attended Columbia University on an academic scholarship, where he played tennis and safety on the school's football teams. He graduated from Columbia in 1963 and Harvard Business School in 1965.

Robert Kraft: Family

Robert Kraft married Myra Nathalie Hiatt in 1963. They had four sons together: Jonathan A. Kraft, Daniel A. Kraft, Joshua M. Kraft, and David H. Kraft. Myra passed away in 2011. Kraft dated actress Ricki Noel Lander from 2012 to 2018. He is currently engaged to Dana Blumberg.

Robert Kraft: Career Highlights

Kraft began his career with the Rand-Whitney Group, a packaging company run by his father-in-law. He gained control of the company through a leveraged buyout in 1968. Kraft founded International Forest Products in 1972, a trader of physical paper commodities. He combined the two companies to form the largest privately held paper and packaging company in the United States.

Kraft is also an investor in New England Television Corp., which gained control of Boston's channel 7 license in 1982. He served as president of the corporation from 1986 to 1991.

Robert Kraft: Companies

Robert Kraft is the chairman and CEO of the Kraft Group, a diversified holding company. The Kraft Group owns the New England Patriots (NFL), New England Revolution (MLS), and Boston Uprising (esports). Kraft is also the founder and chairman of the board of directors for International Forest Products, the largest privately held paper and packaging company in the United States.

Robert Kraft: Major Achievements

Kraft has achieved significant success as a sports owner. Under his ownership, the New England Patriots have won six Super Bowl championships and numerous conference and division titles. Kraft also founded the New England Revolution, a charter member of Major League Soccer, in 1996.

Robert Kraft: Awards & Achievements

Kraft has received numerous awards and honors for his contributions to sports and philanthropy.

He is a six-time Super Bowl champion as the owner of the Patriots and has received the George Halas Award (2012), Theodore Roosevelt Award (2006), John Jay Award from Columbia University (1987), Alexander Hamilton Medal from Columbia University (2004), and honorary doctorate in humane letters from Yeshiva University (2015). Kraft was also inducted into the American Academy of Arts and Sciences (2011) and received the Carnegie Hall Medal of Excellence (2013).

Robert Kraft: Personal Life & Legacy

Kraft is known for his philanthropy and has donated hundreds of millions of dollars to various causes, including education, child- and women-related issues, healthcare, youth sports, and American and Israeli causes. He has also been involved in several high-profile controversies, including charges for soliciting prostitution at a day spa in 2019, which were later dropped.

Robert Kraft: Trivia

Kraft is a fan of the Boston Red Sox and Boston Celtics. He is also a licensed pilot and has flown his own plane to various Patriots away games. Kraft is a member of the board of directors for several organizations, including the Boys & Girls Clubs of America, the United Way of Massachusetts Bay, and the Massachusetts General Hospital.

Wealth History

Timeline

June 5, 1941

Robert Kraft is born in Brookline, Massachusetts.

1963

Graduates from Columbia University.

1965

Graduates from Harvard Business School.

1968

Gains control of the Rand-Whitney Group through a leveraged buyout.

1972

Founds International Forest Products, a trader of physical paper commodities.

1974

Purchases the Boston Lobsters of World TeamTennis (WTT).

1978

Boston Lobsters fold and the league soon follows.

1982

Investor in New England Television Corp., which gained control of Boston's channel 7 license.

1985

Buys Foxboro Raceway, preventing Patriots owner Billy Sullivan from holding non-Patriot events.

1986

Serves as president of New England Television Corp. from 1986 to 1991.

1988

Outbids competitors to buy the Patriots out of bankruptcy court for $22 million.

1994

Turns down an offer to sell the team's lease for $75 million.

1996

Founds the New England Revolution, a charter member of Major League Soccer.

1998

Owns the San Jose Clash (later San Jose Earthquakes) from 1998 to 2000.

2000

Traded a first-round draft pick to the New York Jets for the rights to hire Bill Belichick as head coach.

2000

Drafted quarterback Tom Brady, who became the team's starter from 2001 to 2019.

2001

The Patriots win their first Super Bowl championship.

2003

The Patriots win their second Super Bowl championship.

2004

The Patriots win their third Super Bowl championship.

2005

Expressed interest in investing in Liverpool F.C. in 2005 but the club was sold to American duo George Gillett and Tom Hicks.

2007

The New England Revolution win the U.S. Open Cup.

2011

Myra Nathalie Hiatt, Robert Kraft's wife, passes away.

2012

Robert Kraft is awarded the George Halas Award.

2014

The Patriots win their fourth Super Bowl championship.

2015

Robert Kraft is awarded an honorary doctorate in humane letters from Yeshiva University.

2016

The Patriots win their fifth Super Bowl championship.

2017

Robert Kraft is named Honorary Chairman of the board of directors for the successful joint Canadian-Mexican-American bid for the 2026 FIFA World Cup.

2017

Bought ownership in the Boston Uprising, one of the first seven teams for the professional esports Overwatch League.

2018

The Patriots win their sixth Super Bowl championship.

2019

Robert Kraft is awarded the Genesis Prize.

2019

Robert Kraft faces charges for soliciting prostitution at a day spa, but all charges are dropped.

2021

The New England Revolution win the Supporters Shield.

2022

Robert Kraft becomes engaged to Dana Blumberg.

October 2022

Robert Kraft marries Dana Blumberg.

Robert Kraft : FAQs

What is Robert Kraft's current net worth?

Robert Kraft's current net worth is $13.84 billion.

What is Robert Kraft's current global rank among billionaires?

Robert Kraft holds the 205th position globally among billionaires.

What is Robert Kraft's current ranking within the United States?

Robert Kraft holds the 77th position in United States.

What was the change in Robert Kraft's net worth compared to the previous year?

Robert Kraft's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 13.84 billion dollars.

What are Robert Kraft's main sources of wealth?

Robert Kraft's main source of income comes from Manufacturing, New England Patriots.

In which industry does Robert Kraft primarily operate?

Robert Kraft is primarily involved in the Sports industry.

What is Robert Kraft educational background?

Robert Kraft holds a Bachelor of Arts/Science from Columbia University and a Master of Business Administration from Harvard Business School.

How old is Robert Kraft?

Robert Kraft is 84 years old.

How many children does Robert Kraft have?

Robert Kraft has 4 children.

What is Robert Kraft known for?

Robert Kraft is known as an American sports executive and businessman. He is the Chairman and CEO of the Kraft Group, a diversified holding company. He is also the owner of the New England Patriots (NFL), New England Revolution (MLS), and Boston Uprising (esports). According to Forbes, his estimated net worth is $11.1 billion.

Where was Robert Kraft born and when?

Robert Kraft was born in Brookline, Massachusetts, on June 5, 1941.

What are Robert Kraft's notable achievements in sports ownership?

Robert Kraft has made several notable achievements in sports ownership. He purchased the Boston Lobsters of World TeamTennis (WTT) in 1974 and later bought the Patriots out of bankruptcy court in 1988. Under his ownership, the Patriots won six Super Bowl championships. He also founded the New England Revolution, a charter member of Major League Soccer, in 1996, and bought ownership in the Boston Uprising, a professional esports team, in 2017.

What philanthropic work has Robert Kraft been involved in?

Robert Kraft and his family have been actively involved in philanthropic work. They have donated hundreds of millions of dollars to support education, child- and women-related issues, healthcare, youth sports, and American and Israeli causes. Some of their notable contributions include the launch of the Passport to Israel Fund, funding joint professorships, supporting cancer research, combating antisemitism, and establishing foundations for criminal justice reform and to fight against the Boycott, Divestment, and Sanctions (BDS) movement against Israel.

What awards and honors has Robert Kraft received?

Robert Kraft has received numerous awards and honors throughout his career. He has been recognized as a six-time Super Bowl champion as the owner of the Patriots and has received awards such as the George Halas Award, Theodore Roosevelt Award, John Jay Award, Alexander Hamilton Medal, and Honorary Doctorate from Yeshiva University. He was also inducted into the American Academy of Arts and Sciences and received the Carnegie Hall Medal of Excellence and the Genesis Prize.