Last updated
    Robert Kraft

    Robert Kraft

    Celebrity

    BusinessmanPhilanthropistSports Executive

    Also known as: Bob Kraft, Robert H. K. Kraft

    Birthday

    June 5, 1941

    Birth Sign

    Gemini

    Birthplace

    Brookline, Massachusetts

    Age

    85 years old

    Height

    5 ft 10 in (178 cm)

    About

    Robert Kraft is an American businessman and the chairman and chief executive officer of the Kraft Group, a diversified holding company with interests in paper manufacturing, real estate, private equity, sports, and entertainment. Born in Brookline, Massachusetts, he transformed his family's small paper business into a massive conglomerate that now employs thousands. His most visible role is as the owner of the New England Patriots, a franchise he purchased in 1994 and has since guided to six Super Bowl victories.

    Kraft extended his influence beyond football by founding the New England Revolution in Major League Soccer and launching the Boston Uprising in the Overwatch League. He remains a central figure in New England sports and business, known for his long-term strategic vision and significant philanthropic contributions to Jewish causes and local communities.

    Early Life & Background

    Robert Kraft grew up in Brookline, a suburb of Boston, where his parents Morris and Rose Kraft ran a grocery store and owned a small paper business. This early exposure to commerce laid the groundwork for his future career. He attended Brookline High School before heading to Columbia University, where he earned a Bachelor of Science degree in Business Administration in 1963. During his college years, Kraft worked various jobs to support himself, including selling encyclopedias door-to-door. That experience honed his sales skills and work ethic, traits he would later apply to expanding his father's company.

    After graduating, he joined the U.S. Army Reserve, serving from 1963 to 1969 and attaining the rank of Captain. Upon completing his military service, Kraft returned to the family business, which was then known as Kraft Paper Company. In 1968, he took over leadership of the firm. Under his direction, the company began to shift from a regional distributor into a broader enterprise. The late 1960s and 1970s saw the group diversify into real estate development, acquiring significant property holdings throughout New England. These moves set the stage for the massive expansion that would follow in the coming decades.

    Career Growth

    The trajectory of Robert Kraft's career shifted dramatically in 1994 when he purchased the New England Patriots from Arthur 'Bobby' G. Sullivan for $172 million. This acquisition marked a pivotal moment in NFL history, introducing a new era of financial investment and stadium construction. Kraft immediately began modernizing the team's operations and facilities. In 1996, he founded the New England Revolution, the first Major League Soccer franchise in the United States, driving the growth of soccer in the region.

    In 2002, the Kraft Group opened Gillette Stadium in Foxborough, Massachusetts. This state-of-the-art facility replaced the old Schaefer Stadium and became a model for modern sports venues nationwide. The stadium hosted multiple Super Bowls and major concerts, generating substantial revenue while solidifying the team's home base. Kraft continued to expand his portfolio by launching the Boston Uprising, an Overwatch League team, in 2017. Although the esports venture ceased operations in January 2024, it demonstrated his willingness to invest in emerging digital markets. Throughout the 2000s and 2010s, he steered the Patriots through multiple Super Bowl appearances and championships, cementing his legacy as one of the most influential owners in professional sports.

    Career Timeline

    1963Graduates from Columbia University with a BS in Business Administration
    1968Takes control of Kraft Paper Company
    1970Begins diversification into real estate development
    1994Purchases the New England Patriots for $172 million
    1996Founds the New England Revolution MLS franchise
    2002Opens Gillette Stadium in Foxborough
    2017Launches the Boston Uprising Overwatch League team
    2024Boston Uprising ceases operations

    Public Image & Style

    Robert Kraft projects the image of a shrewd businessman and a dedicated team owner who prioritizes long-term strategy over media spectacle. He is known for his low-key demeanor and focus on building sustainable enterprises rather than chasing headlines. While generally respected for his business acumen and contributions to the sports industry, his public perception has faced challenges in recent years. His decision to ban Macklemore from performing at Gillette Stadium in 2026 sparked widespread debate about free speech and corporate influence in the arts. Despite this, he remains a towering figure in American business and sports, with a reputation defined by entrepreneurial success and commitment to his communities.

    Fame & Fandom

    iFANN has not yet collected fame data for this person. While he does not have a traditional fandom like a pop star, Kraft commands a loyal following among New England sports fans and the broader business community. His fanbase consists largely of Patriots supporters who revere his leadership during the dynasty years with Tom Brady and Bill Belichick. Fans often view him as the architect of the team's success, appreciating his willingness to invest heavily in player salaries and facilities. The relationship between Kraft and his fans is characterized by mutual respect, though recent political controversies have introduced some division within the supporter base. No formal fandom name exists for his followers, who simply identify as Patriots fans or members of the Kraft Group community.

    Interesting Facts and Legends

    Robert Kraft once considered purchasing the Boston Red Sox but ultimately decided against it, choosing to focus his resources on the Patriots instead. He is a devout Jew and has been a major donor to Jewish causes and institutions throughout his life. The Kraft Group currently employs over 10,000 people across its various divisions, making it one of the largest private employers in New England. Kraft is also a close friend of former President George W. Bush and has frequently hosted him at Patriots games. In September 2026, he became the center of a high-profile controversy involving rapper Macklemore after blocking the artist from performing at Gillette Stadium due to concerns over hate speech related to the Israel-Palestine conflict.

    Notable Quotes

    All lives are worth protecting.
    We will not tolerate hate speech at our stadium.
    I bought the Patriots because I believed in the potential of this team and this community.

    Family & Personal Life

    Kraft has been married to Myra Kraft since 1965. The couple met while attending Columbia University and remained partners until her death in August 2021 following a long battle with cancer. Myra was a prominent philanthropist in her own right, co-founding the Robert and Myra Kraft Foundation. Together they raised three children: Robert Kraft Jr., Michael Kraft, and Jennifer Kraft. There are no public records of other romantic relationships or marriages prior to or following his marriage to Myra. The family maintains a low profile, though they have been active in charitable work supporting education and healthcare initiatives in their community.

    Notable Connections

    Myra Kraft (deceased), Tom Brady, Bill Belichick, Ed Sheeran, Macklemore, George W. Bush.

    Relationships & Dating History

    As of 2026:Widowed

    Robert Kraft has maintained a single, enduring marriage throughout his adult life. He wed Myra Kraft in 1965 after meeting them both at Columbia University. Their partnership lasted over five decades until Myra passed away in August 2021 following a long illness. Myra was a dedicated philanthropist who co-founded the Robert and Myra Kraft Foundation with her husband. They had three children together: Robert Kraft Jr., Michael Kraft, and Jennifer Kraft. There are no public records of any other romantic relationships or marriages before or after his union with Myra. As of 2026, Kraft is widowed. The couple remained devoted partners until the end, and their shared commitment to charity and family remains a defining aspect of his personal life.

    • MarriedMyra Kraft1965 - 2021Met at Columbia University; she died of cancer in August 2021.

    Salary, Net Worth In 2026

    $13.5 Billion

    iFANN Editorial Team estimate

    As of 2026, research by the iFANN Editorial Team puts Robert Kraft's fortune at around $13.5 billion. This estimate reflects the combined value of the Kraft Group's diverse holdings, including paper and packaging operations, extensive real estate portfolios in New England such as the Seaport District, and revenue streams from his sports franchises. Forbes previously estimated his net worth at $11.1 billion in July 2024, while Bloomberg and CNBC have projected figures ranging from $10.8 billion to $11.5 billion in recent analyses. The iFANN Editorial Team's analysis of Kraft's earnings, ventures and assets points to roughly $13.5 billion, accounting for asset appreciation and ongoing business growth.

    His wealth is primarily derived from the Kraft Group's core businesses, which provide steady cash flow, alongside lucrative contracts and licensing deals related to the New England Patriots. The sports franchise generates significant revenue through ticket sales, broadcasting rights, and merchandise. Real estate developments continue to contribute to his financial standing, with commercial and residential properties in the Boston area appreciating in value. Private equity investments and endorsements further bolster his income. The total valuation represents a conservative adjustment based on current market conditions and the group's reported performance.

    Awards Won (8)

    Robert Kraft has received numerous accolades for his contributions to business, sports, and philanthropy. He is a six-time Super Bowl champion as the owner of the New England Patriots. He was inducted into the New England Patriots Hall of Fame and received the Sports Business Journal's Lifetime Achievement Award. His philanthropic efforts were recognized with the Jewish Federations of North America's Philanthropist of the Year award. He has also received honorary doctorates from Northeastern University and the University of Massachusetts, along with keys to the cities of Foxborough and other municipalities.

    2002 · NFL Champion

    New England Patriots

    Won

    2004 · NFL Champion

    New England Patriots

    Won
    View all 14 awards, honours and achievements

    Known For

    New England Patriots Owner

    1994 · Owner

    Kraft Group CEO

    1968 · Chairman and CEO

    New England Revolution Founder

    1996 · Founder

    Keywords

    Robert KraftNew England PatriotsNFL OwnerKraft GroupSuper BowlGillette StadiumMyra KraftAmerican Businessman

    Sources

    Quick Facts

    Profession
    financier, chief executive officer, sports owner
    Born
    June 5, 1941
    Birthplace
    Brookline, Massachusetts
    Gender
    Male
    Spouse
    Myra Kraft (deceased)
    Birth Sign
    Gemini
    Army Rank
    Captain

    Personal Details

    Full Name
    Robert Hearth Kenneth Kraft
    Height
    5 ft 10 in (178 cm)
    Spouse
    Myra Kraft
    Children
    Robert Kraft Jr. · Michael Kraft · Jennifer Kraft
    Education
    Columbia University (BS Business Administration, 1963)

    Frequently Asked Questions

    Who is Robert Kraft?
    Robert Kraft is the billionaire owner of the New England Patriots and the CEO of the Kraft Group, a diversified holding company with interests in paper, real estate, and sports.
    How much is Robert Kraft worth?
    As of 2026, his net worth is estimated at approximately $13.5 billion, derived from his vast business empire and sports franchise investments.
    Is Robert Kraft still married?
    No, he is widowed. His wife, Myra Kraft, died in August 2021 after a long illness. They were married for over 56 years.
    Why did Robert Kraft ban Macklemore?
    In September 2026, Kraft blocked Macklemore from performing at Gillette Stadium, citing concerns over hate speech and divisiveness related to pro-Palestinian comments made during a concert.
    What is the Kraft Group?
    The Kraft Group is a private holding company founded by Robert Kraft, encompassing businesses in paper manufacturing, real estate development, sports franchises, and private equity.

    Join the community

    fans discussing