Robert K. Kraft was born on June 5, 1941 and grew up in Brookline, Massachusetts. He is a widower whose wife Myra died in 2011. Kraft has four sons: Jonathan, Daniel, Joshua and David.
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2. Income & Salary
He graduated from Columbia University in 1963 and from Harvard Business School two years later. In 1967, he purchased the Rand-Whitney Group, a packaging company based in Worcester, Massachusetts. Five years later, he founded a physical paper commodity company, International Forest Products. The latter company remains one of the top exporters/importers in the United States. He went on to purchase a Boston TV station and several radio stations. In 1994, Kraft purchased the New England Patriots for $175 million, and has since developed property around the team‰Ûªs stadium. During his time as owner of the team, it‰Ûªs reached the Super Bowl six times, winning on four occasions. The team has sold out every game since Kraft purchased the team, despite having the second highest ticket prices in the NFL.
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3. Estimated Net Worth
During the time Kraft has owned the Patriots, the value of the team has steadily increased, with the last estimate at $2.6 billion. Yearly profits (also an estimate) are considered to be at over $100 million each year. Those positive numbers, coupled with the continuing success of his other companies, have placed his overall net worth at over $4 billion.
How much is Robert Kraft’s Net Worth? $4 Billion!
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