A closer look at the biggest achievements of Robert Kraft. Awards, milestones, and records that define success.
Robert Kraft is an American billionaire businessman, best known as the chairman and CEO of the Kraft Group. His portfolio includes holdings in paper, sports, real estate, and private equity. Kraft is most prominently recognized as the owner of the New England Patriots (NFL) since 1994 and the New England Revolution (MLS) since its founding in 1996. He also founded the Boston Uprising Overwatch League esports team in 2017, which disbanded in early 2024. With an estimated net worth of $11.1 billion as of July 2024, Kraft remains a significant figure in both the business and sports worlds.
In 1968, Kraft gained control of the Rand-Whitney Group through a leveraged buyout and remains the chairman.
In 1972, Kraft founded International Forest Products, a trader of physical paper commodities.
In 1985, Kraft bought a 10-year option on Foxboro Raceway, a horse track adjacent to the stadium.
In 1988, Kraft bought Sullivan Stadium out of bankruptcy court for $22 million.
Following the NFL's approval of the sale of the Patriots to Kraft in 1994, the team sold out their entire 1994 season, marking the first full sell-out in franchise history.
In 1994, Kraft launched a hostile takeover and acquired the New England Patriots for $172 million, the highest amount ever paid for an NFL team at the time.
In 1996, Kraft founded the New England Revolution of Major League Soccer (MLS).
In 1998, Kraft formed the Kraft Group as an umbrella for his various business interests.
On January 27, 2000, Kraft traded a first-round draft pick to the New York Jets for the rights to hire Bill Belichick as head coach.
In 2002, Kraft financed a $350-million stadium for the Patriots, initially called CMGI Field but later renamed Gillette Stadium.
From 2009 to 2019, the Patriots won 11 consecutive AFC East titles.
In 2017, Kraft was named the Honorary Chairman of the board of directors for the successful joint Canadian-Mexican-American bid for the 2026 FIFA World Cup.
In June 2019, Kraft received Israel's Genesis Prize. While at the event in Jerusalem, Kraft pledged $20 million to establish a foundation that will fight antisemitism and combat the Boycott, Divestment, and Sanctions (BDS) movement against Israel.
From 2009 to 2019, the Patriots won 11 consecutive AFC East titles.
In 2017, Kraft was named the Honorary Chairman of the board of directors for the successful joint Canadian-Mexican-American bid for the 2026 FIFA World Cup.
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