Robert Kraft has become a titan of the business world by building upon his acquired knowledge and expertise to create an empire. In this article, we’ll take a closer look at Kraft’s life story and how he rose from humble beginnings to one of the wealthiest entrepreneurs in the United States.
His Achievements
Robert Kraft has been widely recognized for his success as an entrepreneur and philanthropist. He has been honored with numerous awards throughout his career, including the Distinguished American Award from the National Football Foundation and the Lifetime Achievement Award from the U.S. Olympic Committee. In 2017, he was inducted into the Pro Football Hall of Fame.
Kraft is also known for his generous philanthropic efforts. He has donated millions of dollars to various causes, including education, healthcare, and Jewish causes. In 2014, he received the award for Distinguished Humanitarian Service from the Jerusalem Foundation.
Kraft is a staunch advocate for social justice and has dedicated much time and energy to the fight against racism. He donated $1 million to support organizations fighting police brutality in 2020.
Kraft’s professional career began in 1968 when he joined the Rand-Whitney Group, a packaging company owned by his father-in-law. He later became president of the company. In 1972, Kraft set up a private investment firm called Foxboro Company, which acquired several businesses over time, including Foxboro Coated Paper and Foxboro Containers.
In 1977, Robert Kraft created Jonathan Kraft Foods, Inc., a holding company for his food businesses. The following year, he bought the New England Patriots football team for $172 million. Under Kraft’s ownership, the Patriots have won six Super Bowl championships: 2001 (XXXVI), 2003 (XXXVIII), 2004 (XXXIX), 2014 (XLIX), 2016 (LI), and 2018 (LIII). The Patriots also appeared in two other Super Bowls during Kraft’s tenure: 2008 (XLII) and 2012 (XLVI).
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More about Kraft on https://www.pro-football-reference.com/executives/KrafRo0.htm
