Robert Kraft Bio, Age, Family, Wife, Kids, Patriots, and Net Worth

Who is Robert Kraft?

Robert Kraft is an American billionaire businessman. He’s the chairman and leader government officer (CEO) of the Kraft institution, a varied protecting organization with belongings in paper and packaging, sports and amusement, actual estate development, and a non-public equity portfolio.

He’s the owner of the countrywide soccer League’s New England Patriots, predominant League soccer’s New England Revolution, and Gillette Stadium, in which each group plays. He additionally owns the Boston Uprising, the first esports team in New England.

How Old is Robert Kraft?

Kraft was born on June 5, 1941, in Brookline, Massachusetts, U.S. He is 82 years old as of 2023.

Robert Kraft’s Family

Who are Robert Kraft’s parents?

Kraft’s parents are Sarah Bryna and Harry Kraft, a dress manufacturer in Boston’s Chinatown.

Does Robert Kraft have siblings?

Kraft has two siblings, Avram and Elizabeth Kraft.

Robert Kraft Photo
Robert Kraft Photo

Robert Kraft’s Education

Kraft attended the Edward Devotion School and graduated from Brookline High School in 1959, where he was senior class president. He later attended Columbia University on an academic scholarship and served as class president.

Robert Kraft Wife

Kraft married Myra Nathalie Hiatt, a 1964 graduate of Brandeis University and the daughter of the late Worcester, Massachusetts, businessman, and philanthropist Jacob Hiatt. She died due to ovarian cancer, aged 68, on July 20, 2011.

Robert Kraft Children – Kids

Kraft has four children named Jonathan, Joshua, David, and Daniel A. Kraft.

Robert Kraft’s Net Worth

Kraft has an estimated net worth of $6.9 billion.

Robert Kraft Height/Measurements

Kraft stands at an estimated height of 1.7 m.

Robert Kraft Career

Kraft commenced his expert profession with the Rand-Whitaney organization, a Worcester-primarily based packaging business enterprise run with the aid of his father-in-law Jacob Hiatt. In 1968, he gained manipulation of the corporation through a leveraged buyout. He nevertheless serves as this organization’s chairman. In 1972, he based global woodland products, a dealer of physical paper commodities.

The 2 blended businesses make up the largest privately held paper and packaging organizations in the United States. Kraft has stated that he started the company out of a stoop that the growth in worldwide communications and transportation would cause a ramification of world alternate within the late 20th century.

Robert Kraft Top a hundred Exporters

International forest merchandise became a pinnacle of a hundred US exporters/importers in 1997 and in 201 was ranked No. 7 at the magazine of trade’s list in that category. He stated of the business in 1991 that, “We do matters for some of the companies, inclusive of Avon, Kodak, cosmetics companies, chocolates, toys.” The corporation produced each corrugated and folding carton, which he said, “are used to bundle the whole lot from the Patriot missile, to mints, to Estee Lauder, Indiana Glass, and Polaroid.”

Also, Kraft obtained pursuits in different regions and ultimately formed the Kraft institution as an umbrella for them in 1998. Kraft became an investor in New England TV Corp., which received the management of WNAC-television in 1982, and Kraft became a director of the board in 1983. The station then became WNEV television. In 1986, he became named president of the business enterprise. In 1991, Kraft exercised his option to sell off his stocks for an anticipated $25 million.

Robert Kraft Sports

In 1974, Kraft and five others purchased the Boston Lobsters of International TeamTennis (WTT). The group spent heavily to lure a number of top gamers, inclusive of Martina Navratilova, and the Lobsters have become one of the nicest teams in WTT. Following the 1978 season, Kraft announced that the franchise might fold. The league itself folded soon thereafter. After the Lobsters folded, Kraft was additionally noted as a bidder for the Boston Pink Sox and the Boston Celtics.

Robert Kraft Football Enthusiasm

In 1996, Kraft based the New England Revolution, a charter member of Main League soccer which started gambling alongside the Patriots at Foxboro Stadium. Kraft also owned the San Jose Clash (later San Jose Earthquakes) from 1998 to 2000. In November 2005, Kraft met with Rick Parry, the chief executive of the English highest-quality League group Liverpool. Kraft became rumored to be interested in making investment cash into the 2004–05 Champions League winners. Kraft advised BBC Radio Five Live: “Liverpool is a brilliant emblem and it’s something our family respects plenty.

We are always interested in possibilities and developing so that you by no means recognize what can manifest.” eventually, however, the membership turned into offered to American duo George Gillett and Tom Hicks. Liverpool is now owned by Fenway sports organization, owners of fellow Boston-primarily based sports team the Boston Red Sox. In October 2017, Kraft said he became “still intrigued” by means of the possibility of purchasing a top-of-the-line League soccer membership, but that he became involved with the dearth of a profits cap in British soccer.

Robert Kraft New England Patriots

Kraft has been a Patriots fan considering their American Soccer League days and has been a season ticket holder since 1971 whilst the group moved to Schaefer Stadium. In 1985, he bought a ten-yr option on Foxboro Raceway, a horse track adjacent to the stadium, and the purchase prevented Patriots proprietor Billy Sullivan from protecting non-Patriot events at the stadium at the same time as races have been being held.

Kraft took benefit of the fact that the Sullivans owned the stadium but no longer the surrounding land, and it changed into the start of a quest to shop for the stadium and the Patriots. Sullivan’s own family was reeling from a sequence of horrific investments, principally The Jackson Five 1984 Victory Tour, for which they had to pledge Sullivan Stadium as collateral. Those problems ultimately pressured Sullivan to sell the controlling interest of the crew in 1988, whilst the stadium lapsed into financial ruin.

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