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Robert Kraft Net Worth: What Were the Controversies About Him?

Robert Kraft is one of the most wealthy people in the world. He owns one of the most successful and well-known NFL teams ever, the New England Patriots.

On July 12, 1933, Kraft was born in New York City. He went to Cornell University and worked as a stockbroker before starting The Kraft Group in 1965.

The company increased; by the early 1990s, it was one of the world’s best food and drink makers. Kraft became a US citizen in May 1993.

Four years later, he bought the New England Patriots for $155 million from his longtime friend Billy Sullivan. Jonathan, Karen, and David Kraft are the children of Kraft and his wife, Myra Kraft.

Throughout his life, he has worked on many charitable projects and given more than $200 million to different organizations; in 2007, Forbes magazine named Kraft the second most powerful person in the world.

Robert Kraft Early Life

Robert Kraft was born in Boston, Massachusetts, on October 21, 1949. His parents came to the United States from Austria and settled in Boston.

He is the owner and chairman of the Kraft Group, one of the world’s largest privately held companies, and is involved in making, distributing, selling, and marketing food.

Robert Kraft Net Worth

Kraft went to Boston Latin School before attending Tufts, where he played football and soccer on the varsity level.

After getting his business administration degree from Tufts in 1971, Kraft started working at General Electric. Later, he went to work at the food company Nabisco and worked his way up the ranks.

When Kraft bought Falstaff Brewing Company in 1986, it made the Kraft Group. The business increased; by 1990, it was running in six states.

Kraft bought ConAgra Foods in 1997, which gave him control over brands like Oscar Mayer, Jimmy Dean, Peter Paul, Planters, and Goya.

The business kept growing; by 2009, it was running in more than 30 countries. Robert Kraft also served on the boards of PepsiCo Inc., DuPontTM, and Proctor & Gamble Co. during this time.

After buying the New England Patriots for reportedly $400 million in 2012, Robert Kraft became the team’s chairman.

Since then, the Patriots have won three Super Bowls (XXXVI, XXXVIII, XXXIX). Forbes magazine said in 2013 that Robert Kraft was the fifth richest person in the United States.

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Robert Kraft Career

Robert Kraft owns and runs the New England Patriots, one of the most successful NFL teams ever.

He is one of the wealthiest people in America because he is worth $1.8 billion. Most of his success comes from owning the Patriots, who have won more Super Bowls than any other team, with five.

Kraft was born in Everett, Massachusetts, on February 26, 1943. After getting a degree in business administration from Boston University, he started his own business, Sportswear Distributors Inc.

In 1969, Kraft paid $2 million for the WHA’s New England Whalers. He then changed the team’s name to the Patriots.

The following year, he moved the team to Foxboro Stadium and started to win in and out of the game. The Patriots are now one of the most valuable teams in American sports, and they are known as “The Gang That Couldn’t Shoot Straight.”

Kraft was known for his generosity both on and off the field. Between 1988 and 2011, he gave nearly $100 million to different charities.

Robert Kraft Net Worth

In 1995, he was inducted into the Pro Football Hall of Fame and the Sports Hall of Fame (2010).

He got married to Myra Kraft in 1975, and they have three kids: Robby (born in 1976), Jonathan (born in 1978), and Sydney (born in 1982). (1981). After 25 years of marriage, Myra filed for divorce in April 2013.

What is Robert Kraft’s Net Worth?

According to, Robert Kraft is a businessman born in Massachusetts with a net worth of $7 billion.

As Chairman and CEO of The Kraft Group, which has assets in everything from paper to real estate, Robert Kraft made a lot of money.

He is best known as the principal owner of the New England Patriots, the New England Revolution, and Gillette Stadium.

People often think that Robert Kraft’s wealth came from Kraft Foods, a company that makes and sells groceries. This is not true at all.

Robert Kraft has nothing to do with Kraft Foods, which makes Grey Poupon, A1, Gevalia, Planters, Jell-O, Kraft Singles, Velveeta, Kool-Aid, Cadburys, Oscar Mayer, and Maxwell House, among other brands.

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Robert Kraft’s Personal Life

On July 24, 1942, Robert Kraft was born in Boston, Massachusetts. He started the $1 billion company Kraft Group and is now its chairman.

Kraft’s first job was as a sales representative for Gillette. Before becoming president in 1984, he was the company’s vice president of marketing and advertising.

In 1986, he started the Kraft Group to build a business that could work in many different fields. Currently, the Kraft Group does business in four areas: food, drinks, retail clothing, and home furnishings.

Kraft and Myra have four children: Jonathan, Jamie-Lynn, Jennifer, and Steven. Since 1965, they’ve been married.

In 2002, Myra was told that she had stage 3 thyroid cancer, but she could not beat it. Amanda and David are two of Robert’s children from previous relationships.

He helps fund children’s cancer research at Memorial Sloan Kettering Cancer Center, The Leukemia & Lymphoma Society, The Jewish National Fund, and United Way Worldwide.

Along with these groups, he helps the Disaster Response InitiativeTM program at Stony Brook University’s School of Social Work, Habitat for Humanity, Feeding America®, and Save The Children® International.

Robert Kraft Net Worth

What Were the Controversies About Him?

On February 22, 2019, the chief of police in Jupiter, Florida, charged Kraft with the misdemeanor of “soliciting someone to engage in prostitution.” A probe into human trafficking at the Orchids of Asia Day Spa led to the claims.

Investigators thought that the spa’s managers were trafficking women and making them do sex acts on clients against their will. At the Orchids of Asia Day Spa, Kraft was allegedly caught on tape engaging in sexual activities.

On March 19, 2019, Kraft was given a plea deal, but he turned it down because it required him to admit guilt. Kraft’s lawyers sent papers to the court on March 26, where he pleaded not guilty to all charges and asked for a jury trial.

In August 2020, a judge in Florida ruled that it was against Kraft’s constitutional rights for police to take away videotapes that showed him having sex at the spa.

The court said that the government couldn’t use the supposed videos in court. The charges against Kraft were dropped on September 24, 2020, because there wasn’t enough proof.

Robert Kraft’s Real Estate

In 2010, Kraft and his wife, Myra, sold their 7,500-square-foot Cape Cod home to their son Jonathan for $3.8 million. Built-in 2006, the house has seven bedrooms and six bathrooms.

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