Robert Kraft is a Massachusetts-born businessman. He is the Chairman and CEO of The Kraft Group. The company handles many assets including paper and packaging, sports and entertainment, real estate development a, etc. You might also know him well as the owner of New England Patriots, a professional American Football team in NFL. Robert Kraft Net Worth is around $4.8 billion (according to Forbes).
Robert K. Kraft was born on June 5, 1941, in Brookline, US. He lives with his Jewish Family. His father used to be a dress manufacturer in China town. The blood of businessman might be from his father. He even attended Harvard Business School to get MBA.
Kraft began his career at the Rand-Whitney Groupm owned by his father-in-law Jacob Hiatt. This is a Worcester-based packaging company. While, Kraft founded International Forest Products in 1972. At that time the combined company successfully became the largest privately held paper and packaging companies in US.
With the success of his company, he then became the investor for New England Television Corp. He gained control of WNAC-TV in 1982 which became WNEV-TV. He also expanded his investments by buying several Boston radio stations. Thus, he became a member of a group that funded film, theater, and television produced by “Scott Sanders Productions”.
In 1995 he bought New England Patriots for $172 million. Currently, the football club worth is more than $2.6 billion. Kraft also owns the Major League Soccer’s New England Revolution. The based of the team was in Gillete Stadium (owned by him too).
The Source of Robert Kraft Net Worth and Income
Robert is really successful businessman. He started his career from a company which now listed as one of the biggest company in US. Of course, the source of Robert Kraft income was from his great business Empire. He is also brave in investing in some other fields. It included The NFL team, New England Patriots. He bought it for only 172 million dollars, now it turned to 2.6 billion dollars. Forbes named him one of the richest owners in NFL. Robert Kraft Net Worth is around $ 4.8 billion