Robert Kraft started with the sale of newspapers on the streets of Boston to later become a great millionaire.
At 83 years old, Kraft is not only a leading figure in business, but also in sports. As owner of the New England Patriotsis one of the most influential personalities in the NFL. Here we review his inspiring career.
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Robert Kraft managed to have his own edition of Nike sneakers called RKK Air Force 1 Ultra Flyknit with a design valued in millions
How Robert Kraft Became a Millionaire
The current millionaire was born on June 5, 1941 in Brookline, Massachusettswithin an Orthodox Jewish family. From a young age, he demonstrated an impressive work ethic, selling newspapers at the Los Angeles Stadium. Boston Braves. Although his parents wanted him to become a rabbi, the young man decided to take another path.
Thanks to a scholarship, he studied at the Columbia Universitywhere he was president of his class and participated in sports such as tennis and football. Later, he obtained a MBA in the Harvard Business School. These formative years laid the foundation for his foray into the business world.
His professional career began in his father-in-law’s family business, the Rand-Whitney Group, specialized in packaging. In 1968, Kraft took control of the company through a leveraged buyout, demonstrating its strategic vision. In 1972, he founded International Forest Productsturning both companies into leaders in the paper and packaging industry.
“I believed that international trade would expand rapidly towards the end of the 20th century, and I was determined to be part of that revolution“, he explained about his decision to undertake in this sector. This vision was key to building the conglomerate that we know today as Kraft Group.
Robert Kraft and the purchase of the New England Patriots
The businessman was always passionate about American football, being a fan of the New England Patriots since his youth. In 1994, he acquired the team for 172 million dollarsa record number at that time. What seemed like a risky bet turned out to be one of the most successful investments of his life.
Under his leadership, the Patriots became one of the most successful NFL franchises, achieving six championships Super Bowl. “Breaking every financial rule to buy this team was one of the best decisions I ever made,” Kraft confessed. His management, along with the hiring of figures such as Bill Belichick and Tom Bradymarked the beginning of a dynasty in sports.
Furthermore, the millionaire was key in the development of the Gillette Stadium, inaugurated in 2002, and Patriot Place, a shopping and entertainment center that reinforces the cultural and economic impact of the Patriots in the region.
How much is Robert Kraft’s fortune today?
At 83 years old, Robert has a fortune estimated at 11.8 billion dollarsaccording to Forbes. This wealth comes not only from his success in the NFL, but also from his involvement in other sports, such as football, through New England Revolution and video games, with the team Boston Uprising.
Furthermore, his business vision has led him to explore sectors such as real estate and entertainment. His ability to diversify investments and reinvent himself in the face of challenges has been key to consolidating his wealth.
“I have always believed that success is not a destination, but a journey. Every step, every decision, has led me to where I am today,” Kraft reflected in one of his most recent interviews. His story is a reminder that perseverance and strategic vision can turn dreams into reality.
Source: Ambito

I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.