The US economy added , jobs in October. See director's response. Watch this robot take over a fry station. Matt Damon: Clean water access frees up time for school. Facebook changes its company name to Meta amid controversies. Barbara Corcoran: The housing boom is not a bubble. The trio has been among most successful in the history of professional sports.
Kraft has become a titan of pro sports, helping turn the NFL into the country's most valuable league. He is a close friend to President Donald Trump. He is the 79th wealthiest person in America. In all of its business activities, the Kraft Group is mindful that good business and sustainability can go hand-in-hand and strives to be cognizant of the impact it has on the environment. As a result, the Kraft Group is responsible for recycling 1.
Robert and his late wife Myra understood the power of philanthropy even before the Kraft Group had achieved significant financial success. For 50 years, the principle of giving back to your community and the world at large has been a core value of the group, with the Kraft family and its foundations contributing hundreds of millions of dollars to charities and nonprofits around the world.
The Kraft Group is a privately-owned, family-operated company. The show of support validated Kraft's decision to buy the team and gave him the confidence to focus on another long-term project with great financial risk: the private-financing and construction of Gillette Stadium.
In his first year of ownership, the Patriots won their final seven regular season games to qualify for the postseason, ending an eight-year playoff drought. By his fifth anniversary as owner, under the direction of two different head coaches, the Patriots had already established themselves as perennial playoff contenders, qualifying for the postseason four times, twice as division champions.
In , the Patriots claimed their first division title in 10 years. After defeating Pittsburgh in the playoffs that year, the Patriots hosted their first conference championship game in franchise history and defeated Jacksonville, , to advance to Super Bowl XXXI. From to , the Kraft Group's construction and real estate development team oversaw the on-time and on-budget construction of Gillette Stadium, a privately-financed facility and the only one of its kind to be financed without the burden of personal seat license fees charged to season ticket members.
The financial commitment from Kraft provided a solid foundation on which to build for the first time in the franchise's nomadic history. Moving from Foxboro Stadium into majestic Gillette Stadium marked another worst-to-first transformation for the Krafts, who now operate New England's premier entertainment venue. The construction of Gillette Stadium was the first project of the Kraft Group's development team.
In , the Kraft Group expanded the development of the site with the construction of Patriot Place, a mixed-use lifestyle center and entertainment destination. Kraft is widely recognized as one of the most successful owners in professional sports. His long-standing support of soccer in the United States dates back to his efforts in the early s to secure Foxborough as one of the nine host venues for the FIFA World Cup and become one of three principal investors in Major League Soccer when he founded the New England Revolution in A native of Brookline, Massachusetts, Kraft attended public schools before entering Columbia University on an academic scholarship.
Following graduation, he received a fellowship to attend Harvard Business School, where he earned his master's degree in business administration. Kraft's love for football and the Patriots began decades ago.
When the Patriots moved to then Schaefer Stadium in , Kraft invested in season tickets for his family. He credits the memories and experiences shared with his family and other Patriots fans during those years for his passionate pursuit of ownership of the franchise.
He is also a prior member of the Federal Reserve Bank of Boston. Kraft is a trustee emeritus at Columbia, a trustee of Boston College and has received honorary degrees from several colleges and universities. He was awarded the Theodore Roosevelt Award, "presented annually to a distinguished citizen of national reputation and outstanding accomplishments.
That year, he was also inducted into the Columbia Athletic Hall of Fame. In , he received the Carnegie Hall Medal of Excellence. The group also owns Gillette Stadium , Patriot Place, and the staffing company that manages the labor at the stadium. Never forget when Bob Kraft read for his girlfriend Ricki Lander's audition tape for the role of Marielena in the "film" 'The Internship' pic.
Robert Kraft was born and raised in Brookline, Massachusetts. He was one of three children born to Sarah Bryna and Harry Kraft. They wed a year later and went on to have four sons together: Jonathan, Daniel, Joshua, and David.
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