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Robert Kraft Net Worth

Robert Kraft Net Worth 2020

Robert Kenneth Kraft aka Robert Kraft is one of the most renowned businessmen in the United States. With exceptional hard work and sheer dedication, he has created a flattering empire which is still a dream for many. He is globally recognized as the chief executive officer as well as the chairman of the Kraft Group. Kraft Group has risen to fame with a number of business branches clinging to it. It majorly circulates around paper & packaging, sports, equity portfolio, entertainment and a few more.

If you want to know more about the man behind the establishment of this huge empire, keep reading the following article and acknowledge the early life, biography, career, awards and net worth 2019 of Robert Kraft.

Early Life & Biography

Robert Kraft Net Worth 2020

Robert Kraft was born on the 5th of June in the year 1941 in the Brookline region of Massachusetts, United States. Growing up in an Orthodox Jewish family, Robert Kraft has inculcated the virtues and the religious sentiments very well. He was enrolled in the prestigious Edward Devotion School for his preliminary education, henceforth which, he was shifted to the popular Brookline High School. After graduating in the year 1959, he had taken admission in the prestigious Columbia University to pursue higher studies.

Though he had never got indulged in sports during his school time because of his Hebrew classes post-school, Robert Kraft had actively participated in playing football during his college days. He had graduated from the university in the year 1963 henceforth which, Robert Kraft went ahead to Harvard Business School to study MBA.from there, he graduated with flying colors in the year 1965.

Career, Awards & Nominations

Robert Kraft is known to have joined packaging company of his father-in-law, which was formerly situated in Worcester. The employment in the prestigious Rand-Whitney Group was right after his graduation.

Soon in the year 1972, Robert Kraft came up with an establishment known as the International Forest Products which revolved around paper products. Within a very less span of time, both the companies emerged as one of the finest companies in the entire country.

Later, Kraft had spread his wings to the world of entertainment and he kick-started the journey via owning a few radio stations in Boston. Thereafter, there was no looking back. Over the years, he had soon emerged as the biggest group to sponsor movies and television shows. Taking over the major portions of entertainment, the company of Robert Kraft was reported to even fund the biggest producing company known as the “Scott Sanders Productions”.

It was in the year 1998 that Robert Kraft had established the Kraft Group. Robert Kraft is majorly known for establishing one of the largest business empires in the US. Besides the Kraft Group, he is also a shareholder in the New England Patriots. Apart from this, he is also the former holder of the Gillette Stadium as well as the New England Revolution.

Robert Kraft was awarded the prestigious John Jay Award in 1987, Theodore Roosevelt Award in 2006, George Halas Award in 2012 and a few more awards.

Net Worth & Earnings

Robert Kraft is known as one of the greatest businessmen of all times in the United States. His net worth is the result of a number of business-wings that he handles altogether. His own company, the Kraft Group alone is known to make an approximate worth of $2 billion. Besides, his other venture in New England Patriots sums up to be $172 million. Apart from this, he is also a shareholder of a football club whose worth is of $2.6 billion. Hence, being one of the biggest billionaires of the United States, the approximate net worth of Robert Kraft has been estimated to be $7 billion.

The 77-year-old businessman has no plans for settling anytime soon and is planning to expand his companies to furthermore countries. The Kraft Group is presently operating in 90 countries. In the year 1962, Robert Kraft had first met Myra Hiatt henceforth which the duo fell in love. The couple tied the marriage knots in the year 1963. However, recently in the year 2011, they got divorced due to their own personal reasons. The couple is blessed with four children.