Robert Kraft has been a prominent figure in American business for decades. His impact can be seen through his legacy as the Chairman, and Chief Executive Officer of the Kraft Group. For over four decades, he was an owner or partner in several different companies. He founded International Forest Products Limited which is now known as the world’s largest privately-owned paper and pulp company. His involvement with this company helped make him one of the wealthiest people on Earth, according to Forbes Magazine (2018).
- Ownership of the Patriots
He is the owner of the new England Patriots. He bought them back in 1994when they were on the brink of bankruptcy. He then spent hundreds of millions to build Gillette Stadium, the team’s new home which opened in 2002. Since then, he has seen them win six Super Bowl titles. In the process, he has been able to turn a struggling franchise into one of the most profitable and beloved organizations in all of the sports.
Robert Kraft donates a great deal of money to charitable causes. His most notable donation was $100 million to the construction of the Pats’ home stadium. He has also donated $20 million to his alma mater, Columbia University. His generosity and kindness earned him the nickname “The Santa Claus” from players and employees within the Patriots organization (Branch, 2018). Also, Robert has donated $5 million to the Israeli Defense Forces (IDF), along with his counterpart, the late Myra Kraft.
Despite being eighty years old, Robert shows no signs of slowing down. This has helped keep the Patriots among sports elite who are competing for championships each season. However, many fans wonder if he will ever sell the team to someone else. Kraft has stated that he will not sell the Patriots while he is alive. This way, there can be continuity within the organization. Robert Kraft has had a great career with his family being by his side through all of it. Visit this page to learn more.
Additional information about Kraft can be found on https://www.cbssports.com/college-football/news/patriots-owner-robert-kraft-lends-team-plane-to-undefeated-university-of-rhode-island-football-team/