Robert Kraft Net Worth (Updated 2026).

Robert Kraft, the renowned businessman and philanthropist, began his career in the most humble of ways. Born in 1941, Kraft grew up in a working-class family in Brookline, Massachusetts. After graduating from Harvard Business School, he started his professional journey at the family packaging business, Rand-Whitney Corporation. It was here that Kraft honed his skills in business management and entrepreneurship, eventually taking over the company in the 1960s.

Kraft’s big break came in 1972 when he purchased the New England Patriots, a then-struggling football team. Under his leadership, the Patriots transformed into one of the most successful and beloved sports franchises in the United States. Kraft’s innovative strategies, both on and off the field, not only brought six Super Bowl victories to the team but also made him a household name in American sports.

**Robert Kraft’s Current Net Worth (2025)**

As of 2025, Robert Kraft’s net worth is estimated to be around $8 billion, according to Forbes. This significant wealth is primarily attributed to his ownership of the New England Patriots, a professional American football team.

**Robert Kraft’s Career**

Robert Kraft, born in 1941, is an American businessman and philanthropist. He founded International Forest Products (IFP) in 1970, a global paper and packaging company, from which he built his initial fortune. Kraft’s most notable achievement is his ownership of the New England Patriots, which he purchased in 1994. Under his leadership, the Patriots have won six Super Bowls, making them one of the most successful NFL franchises in history.

**Robert Kraft’s Other Ventures**

In addition to his ownership of the Patriots, Kraft has several other business ventures. He is the founder of the Kraft Group, a diversified holding company with interests in paper and packaging, real estate, sports, entertainment, and technology. Kraft is also a majority owner of Major League Soccer’s New England Revolution and has been involved in the development of the stadium where both the Patriots and Revolution play.

**Robert Kraft’s Assets**

Kraft’s assets are extensive and diverse. Besides the New England Patriots and the New England Revolution, he owns several properties, including Gillette Stadium, where the Patriots and Revolution play, and the Patriot Place shopping center. Kraft also has a significant stake in the paper and packaging industry through IFP and the Kraft Group.

**Robert Kraft’s Annual Income**

Robert Kraft’s annual income is primarily derived from his ownership of the New England Patriots and the Kraft Group. According to Forbes, in 2021, the Patriots were valued at $5 billion, making them the most valuable sports franchise in the world. Kraft’s annual income from these ventures fluctuates but is typically in the hundreds of millions of dollars.

Frequently Asked Questions about  Robert Kraft

**Frequently Asked Questions: Robert Kraft Net Worth**

1. What is Robert Kraft’s net worth?

Robert Kraft’s net worth is estimated to be $8.3 billion.

2. How did Robert Kraft make his fortune?

Robert Kraft made his fortune through the New England Patriots, the NFL team he purchased in 1994. He also owns the MLS team, the New England Revolution, and has significant real estate holdings.

3. What is Robert Kraft’s age?

Robert Kraft was born on June 5, 1941, making him 81 years old.

4. Where was Robert Kraft born?

Robert Kraft was born in Brookline, Massachusetts.

5. What is Robert Kraft’s educational background?

Kraft graduated from Columbia University with a Bachelor of Science degree in 1963. He also holds a Master’s degree in Business Administration from Harvard Business School.

6. Who is Robert Kraft married to?

Robert Kraft is married to Myra Hiatt Kraft, whom he met at a Hebrew High School event. They have four sons together.

7. How did Robert Kraft become the owner of the New England Patriots?

Kraft purchased the New England Patriots in 1994 for $172 million. He then moved the team from Foxborough, Massachusetts, to Gillette Stadium in 2002.

8. What is Robert Kraft’s involvement in philanthropy?

Kraft is involved in various philanthropic activities, including the Robert and Myra Kraft Family Foundation, which focuses on education, health, and community development.

9. Does Robert Kraft have any children?

Yes, Robert Kraft has four sons: Jonathan, Daniel, Joshua, and Benjamin.

10. What is Robert Kraft’s height?

Robert Kraft is 5 feet 10 inches (1.78 meters) tall.