Robert Kraft net worth, how he makes money, what he owns, and the biography of the New England Patriots owner are revealed.
Find out about Robert Kraft's net worth, what he owns, and how he makes money. The biography of the New England Patriots owner is revealed.
Robert Kenneth Kraft is an American businessman. He is the owner of the Kraft Group holding company with assets in diverse areas, including sports, entertainment, real estate development, and a private equity portfolio, etc.
Robert Kraft's net worth
According to figures from Forbes, Robert Kraft's net worth is $13.8B. His wealth comes from diverse areas through his holding company, the Kraft Group.
Robert Kraft's source of wealth, how he makes money and what he owns
The Kraft Group
Kraft Group is privately held by companies with assets in many industries, such as sports and entertainment, manufacturing, financial services, and real estate development.
New England Patriots (NFL)
Robert Kraft purchased the team for $172 million in 1994. He was a fan of the team and was a season ticket holder, according to Wikipedia. The team is currently one of the most valuable sports teams.
New England Revolution (MLS)
Robert Kraft was the founder of the New England Revolution as one of the charter clubs of Major League Soccer.
Gillette Stadium
The Gillette Stadium was opened in 2002 and is currently the home of the New England Patriots (NFL) and New England Revolution (MLS). It was built at a cost of $325 million, which was entirely financed by Kraft.
The Gillette Stadium is located in Foxborough and is considered to be one of the most popular stadiums for pro sports and entertainment in the United States. Other investments include the Patriot Place, a lifestyle and retail development brand.
Kraft Sports + Entertainment
The Kraft Sports and Entertainment company was established to oversee operations of Kraft’s sports properties like the New England Patriots, the New England Revolution, and the Gillette Stadium.
The Patriot Place
The Patriot Place is a world-class shopping centre which also includes a dining and entertainment facility for fans and is situated around the Gillette Stadium. Other unique features include restaurants, a health centre, retail stores, a movie theatre, and the Patriots Hall of Fame.
Rand-Whitney Group
The Rand-Whitney Group is a packaging solutions and waste management company based in Worcester, Massachusetts.
Rand-Whitney Containerboard
It is a subsidiary of Rand-Whitney with a core focus on producing container boards used in corrugated packaging.
International Forest Products
The International Forest Products (IFP) was founded in 1972. It is one of the largest companies in forest products and trades goods like exporting paper, pulp, and packaging materials.
How the New England Patriots fared under the ownership of Robert Kraft
The New England Patriots have enjoyed an outstanding performance throughout his ownership of the team. He brought significant investment to the team from its home ground, the Gillette Stadium, to other areas of the team, including management and player transfers.
Today, the Patriots have won six Super Bowl titles overall. The team is currently ranked among the most successful franchises in the National Football League following its impressive run of six Super Bowls in seventeen years. The team also excelled in conference and divisional championships.
The New England Patriots are a household name in the NFL franchise that has gone through a series of ownership throughout its history. The team is based in Foxborough, Massachusetts.
The Patriots are members of the American Football Conference East division. They were founded in 1959 as the Boston Patriots but had a name change in 1971 after relocating to Foxborough.