Robert Kenneth Kraft, a multimillionaire American businessman, was born on June 5, 1941. The Kraft Group, a diversified holding firm with interests in paper and packaging, sports and entertainment, real estate development, and a private equity portfolio is led by him as chairman and CEO.
He has owned the National Football League’s New England Patriots since 1994. (NFL). In addition, Robert Kraft launched the esports-based Boston Uprising in 2017 and the Major League Soccer (MLS) New England Revolution in 1996. He will be valued at $10.6 billion in 2023.
What Is Robert Kraft Net Worth In 2023?
Forbes estimates that Robert Kraft’s net worth will be $10.6 billion by 2023. His sports franchises, the New England Patriots and New England Revolution, are reported to be his primary sources of income.
The mythical grocery manufacturing conglomerate Kraft Foods is where Robert Kraft made his wealth. This is not accurate at all. Kraft Foods, the company behind Grey Poupon, A1, Gevalia, Planters, Jell-O, Kraft Singles, Velveeta, Kool-Aid, Cadburys, Oscar Mayer, and Maxwell House, has absolutely nothing to do with Robert Kraft.
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As chairman and CEO of The Kraft Group, which has holdings in everything from paper to real estate, Robert Kraft made his wealth. He is best known for being the principal owner of Gillette Stadium, the New England Patriots, and the New England Revolution.
Does Robert Kraft Own Any Real Estate?
Fining Robert Kraft the maximum allowable NFL owner fine of $500,000, based on median net worth in America and Kraft’s net worth of $6.6B, is the equivalent of fining the average fan $2.87. pic.twitter.com/78Xu8iqRA9
— Darren Rovell (@darrenrovell) February 23, 2019
For $3.8 million, Robert Kraft and his wife Myra sold their 7,500-square-foot Cape Cod home to Jonathan in 2010. The house has six bathrooms and seven bedrooms, built-in 2006.
Robert owns a sizable estate on roughly 6 acres of expansive land in the Boston suburb of Chestnut Hill. The estate consists of three separate pieces of land.
Robert Kraft spent $43 million on an oceanfront Hamptons property in May 2021. The 7,000-square-foot estate, constructed in 2017, is situated in Southampton on the opulent Meadow Lane. Several well-known millionaires who live nearby are neighbors.
Robert Kraft spent $23.75 million on a 5,000-square-foot condo in Palm Beach, Florida, in December 2022. The transaction set the local record for a condominium’s highest price.