Robert Kraft net worth: Robert Kraft is a Massachusetts-born businessman who has a net worth of $4 billion dollars. Robert Kraft made his fortune as Chairman and CEO of The Kraft Group, which holds assets in everything from paper to real estate. He is most widely known as the primary holder of the New England Patriots, the New England Revolution, and Gillette Stadium. Born Robert K. Kraft on June 5, 1941, in Brookline, Massachusetts, US, he is the Chairman and CEO of The Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development and a private equity portfolio. The Columbia University and Harvard Business School graduate started his career at the Rand-Whitney Group, a Worcester-based packaging company owned by his father-in-law Jacob Hiatt. In 1972, he set up International Forest Products, a trader of physical paper commodities. Rand-Whitney Group and International Forest Products make up together the largest privately held paper and packaging companies in the United States. 1986 saw Kraft assisting a minority business group acquire WNEV-TV, a CBS affiliate. He went on with his investments in the world of entertainment by buying several Boston radio stations. Thus, he became a member of a private equity group that funded film, theater, and television producer Scott Sanders' company, "Scott Sanders Productions". Eventually, he formed his Kraft Group paper business in 1998, which operates in 90 countries and has sales over $2 billion. Meanwhile, he bought New England Patriots for $172 million in 1995, a football club which is now worth more than $2.6 billion. His other sports holdings include the Major League Soccer's New England Revolution and Gillette Stadium.
Robert Kraft Net Worth
Have something to add to this net worth? Share it by adding comments below.
Date of Birth
Jun 5, 1941 (74 years old)
United States of America
Robert K. Kraft
A 100-Year Old Japanese Mafia – The Richest In The World – May Be In The Midst Of A Destructive Spliton Oct 3, 2015
How Tech N9ne Became One Of The Highest Paid People In Hip-Hopon Oct 3, 2015
Some Of The Most Eccentric Billionaires And Millionaireson Oct 7, 2015
These Celebrities Were Rich Even Before They Were Famouson Oct 6, 2015
Some Athletes Go Broke In Retirement. David Robinson Just Luanched His SECOND Private-Equity Fundon Oct 7, 2015
Here Are Jennifer Lawrence's Top 7 Movie Paycheckson Oct 6, 2015
5 Insane Facts About Pablo Escobar's Wealthon Sep 28, 2015
Buy Ricky Gervais' London Home for $11.7 Million!on Oct 7, 2015
This Billionaire Has Lost 85% Of His Fortune In The Last Few Monthson Oct 6, 2015
How Much Has Sofia Vergara Made From Her Major Film Roles?on Oct 7, 2015
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
- Weekend Box Office Review For October 2nd – October 4thThis weekend, The Martian opened at #1, but how did other movies stack up?
- 10 Highest-Paid Soccer Coaches In The WorldSoccer superstars get a lot of attention for their salaries, but there are some coaches in the game pulling in good money of their own.
- Everything You Need To Know From Week 4 Of The NFLWe're a quarter of the way through the NFL season. How's your favorite team doing?
- Now You Can Buy Donald Trump's Rare Lamborghini DiabloTrump's 1997 Lamborghini Diablo VT Roadster has been officially put up for sale at an asking price of $299,000.