Robert Kraft is the owner of the New England Patriots football club, a professional American football team based in Foxborough, Massachusetts. He purchased the team in 1994 and has since led the Patriots to become one of the most successful franchises in the National Football League (NFL).
Kraft was born on June 5, 1941, in Brookline, Massachusetts. He attended Columbia University, where he earned his undergraduate degree in economics before going on to earn an MBA from Harvard Business School. After completing his education, Kraft began working for his father’s packaging company, the Rand-Whitney Group.
In addition to his ownership of the Patriots, Kraft is also involved in a variety of other business ventures. He is the chairman and CEO of the Kraft Group, a holding company that includes several subsidiaries, including the Rand-Whitney Group, International Forest Products, and a number of real estate holdings. Kraft has been recognized for his philanthropic work, including his contributions to the Dana-Farber Cancer Institute, the Jimmy Fund, and other charitable organizations. He has also been involved in efforts to promote Israeli-American relations and has received numerous awards for his contributions to the Jewish community.
Robert Kraft became the owner of the New England Patriots football team in 1994, after purchasing the franchise for $172 million. At the time, the team was struggling financially, having gone through a series of ownership changes and poor on-field performance. Kraft had been a fan of the Patriots for many years and had previously attempted to purchase the team in 1985 but was outbid by another group. However, when the team came up for sale again in 1994, Kraft was determined to acquire it.
To finance the purchase, Robert Kraft put up a significant portion of his own money, as well as securing financing from a number of banks. Kraft’s ownership of the Patriots has been marked by a period of sustained success on the field, with the team winning six Super Bowl championships under his leadership. See this article for more information.
More about Kraft on https://www.crunchbase.com/person/robert-kraft