Robert Kraft’s Investment Portfolio And Philanthropic Endeavors

Robert Kraft is the CEO and chairman of the Kraft Group, a diversified holding company. Born on June 5, 1941, in Brookline, he studied in his hometown before joining Columbia University and Harvard Business School, where he received an MBA.

His journey to become a renowned American businessman began when he joined Rand-Whitney Group, a Worcester-based packaging company. Kraft’s experience in the company inspired him to start International Forest Products in 1972, which has been listed among the top 100 US importers and exporters for years. Through International Forest Products, he created a platform that has grown over the years to become the Kraft Group.

The Kraft Group is a diversified holding company comprising several businesses ranging from real estate development and private equity to sports and entertainment. The Kraft Group Real Estate Development stands out in the portfolio because of its achievements. The real estate development business specializes in constructing, developing, and managing projects, ranging from sports venues, and manufacturing facilities, to world-class medical facilities. The team of construction specialists prides themselves on planning, designing, developing, and constructing Gillette Stadium and Patriot Place.

In the sports and entertainment categories, Robert Kraft owns New England Patriots and Revolution, which both play at Gillette Stadium. Since childhood, Kraft has been a fan of the New England Patriots. The journey to acquire a football team began when he purchased a parcel adjacent to Schaefer Stadium. In 1988, he bought the stadium for $25 million, and the deal included a lease agreement with the Patriots. Robert Kraft later used the lease agreement as leverage to acquire the team for a record $175 million from Orthwein and has been the CEO and Chairman of the team since 1994.

In addition to his wide investment portfolio, Robert Kraft is also known for his philanthropic spirit. He has funded various charitable causes with his wife Myra, including child and women issues, education, healthcare, and youth sports. See related link to learn more.

 

Additional information about Robert Kraft can be found on https://bleacherreport.com/robert-kraft