
Robert Kraft
Businessman•Philanthropist•Sports 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
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
Relationships & Dating History
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
2004 · NFL Champion
New England Patriots
Known For
New England Patriots Owner
1994 · Owner
Kraft Group CEO
1968 · Chairman and CEO
New England Revolution Founder
1996 · Founder
Keywords
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?
How much is Robert Kraft worth?
Is Robert Kraft still married?
Why did Robert Kraft ban Macklemore?
What is the Kraft Group?
Join the community
fans discussing



