Robert Kraft Net Worth, Relationships, Age/Birthdate & Birthday Facts
Explore Robert Kraft net worth, relationships, age/birthdate and birthday — a detailed look at the Patriots owner’s wealth, family life and legacy.
Robert Kraft Net Worth, Relationships, Age/Birthdate & Birthday
Robert Kraft is a billionaire industrialist, sports-team owner, and philanthropist best known for owning the New England Patriots and leading the diversified holdings of the The Kraft Group.
Introduction
Robert Kenneth Kraft has long stood at the intersection of industry, sports, and philanthropy — a testament to the reach and influence of visionary business leadership. Born June 5, 1941, his birthday is celebrated each year on June 5. Over decades, Kraft has built a sprawling empire yielding a net worth estimated in the tens of billions of dollars. His personal life, including relationships and family, underscores a storied life that blends ambition, legacy, and deep ties to community and values.
Here’s an up-to-date look at Robert Kraft net worth, relationships, age/birthdate & birthday, and what shapes his lasting impact.
Quick Facts
| Category | Details |
|---|---|
| Full Name | Robert Kenneth Kraft |
| Age/Birthdate | June 5, 1941 |
| Birthday | June 5 |
| Nationality | American |
| Profession | Industrialist, Businessman, Sports Team Owner, Philanthropist |
| Estimated Net Worth | ≈ US$13.8 billion |
| Relationship Status | Married to Dana Blumberg (public) — previously married to Myra Nathalie Hiatt until her passing in 2011. |
| Known For | Ownership of the New England Patriots, leading the Kraft Group, philanthropy, real-estate and manufacturing ventures. |
From Local Roots to Global Business Titan
Robert Kraft’s story begins in Brookline, Massachusetts, where he was born on June 5, 1941. Growing up in a modest environment, Kraft earned a scholarship to attend Columbia University, where academic excellence and a persistent drive helped shape his early ambitions. After completing his bachelor’s degree, he proceeded to earn an MBA from Harvard Business School — credentials that would underpin his business acumen in the years to come.
After graduating, Kraft joined a packaging firm owned by his father-in-law. By 1968, he executed a leveraged buyout to gain control of that company. In 1972, foreseeing global economic changes, Kraft founded a company specialized in forest products and paper commodities, laying the foundation for what would become the Kraft Group — a diversified holding company spanning manufacturing, real estate, private equity, sports, and entertainment.
Defining moments in Robert Kraft’s journey include:
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Founding his first packaging enterprise and later acquiring control through a leveraged buyout.
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Establishing a forest-products and paper-commodities business in 1972, anticipating globalization’s industrial needs.
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Paying US$172 million in 1994 to acquire the New England Patriots — a bold move that would transform the franchise and his fortune.
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Building a diverse business empire that spans manufacturing, packaging, real estate, private equity, and sports entertainment.
Through strategic foresight and disciplined expansion, Kraft turned early entrepreneurial efforts into a multifaceted empire — all rooted in hard work, awareness of global trends, and an ability to seize calculated risks.
The Core Pillars of Robert Kraft’s Wealth
The core pillars of Robert Kraft’s wealth include:
| Pillar | Description |
|---|---|
| Packaging & Paper Manufacturing | Starting from a packaging firm purchase in 1968, Kraft built a robust business in forest products and paper commodities that formed the bedrock of The Kraft Group. |
| Sports Franchises & Entertainment Assets | Ownership of the New England Patriots (NFL), New England Revolution (MLS), and formerly an esports team under his wider entertainment portfolio. |
| Real Estate & Venue Holdings | Through the Kraft Group, assets include stadium ownership (such as the Patriots’ home venue), adjacent commercial real estate, and other property developments. |
| Private Equity & Diversified Investments | The Kraft Group oversees private equity investments and diversified asset holdings beyond paper, packaging, and sports, contributing to overall wealth stability and growth. |
These diverse revenue streams and asset holdings have allowed Robert Kraft’s fortune to grow far beyond its early industrial roots, giving him a resilient and multi-dimensional wealth structure.
Robert Kraft Relationships & Personal Life
Robert Kraft’s personal life has seen both deep family bonds and new chapters.
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For many years, he was married to Myra Nathalie Hiatt. The couple wed in June 1963 and had four sons: Jonathan Kraft, Daniel Kraft, Joshua Kraft and David Kraft.
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Myra passed away in 2011 after a long illness.
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In a later chapter, Kraft reportedly married Dana Blumberg. According to some reports she has taken on roles connected to philanthropic or team-based community efforts.
Key insights into Robert Kraft’s relationships and personal life:
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His long marriage with Myra Hiatt produced four children, several of whom are actively involved in his business and sports operations.
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After becoming widowed in 2011, Kraft formed a new public partnership with Dana Blumberg.
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The Kraft family has historically prioritized philanthropy, community support, and charitable engagement — reflecting values beyond business.
Beyond Business: Lifestyle, Assets & Interests
Beyond career success, Robert Kraft leads a lifestyle that reflects both passion and purpose, including:
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Ownership of major sports franchises — the New England Patriots and New England Revolution — which are not just business assets but cultural institutions for many fans.
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Participation in philanthropy: the Kraft family has donated hundreds of millions of dollars to causes in education, health, community service, youth sports, and cultural support.
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Real estate holdings linked to stadiums, developments, and leisure use through The Kraft Group’s diversified portfolio.
These interests reflect a life that balances wealth generation with legacy-building and community investment.
Net Worth Breakdown & Analysis
When assessing Robert Kraft net worth, various reputable outlets offer slightly different estimates depending on methodology, timing, and asset valuations. The following table consolidates key figures:
| Category | Estimated Value | Source |
|---|---|---|
| Business Ventures (Paper, Packaging, Manufacturing, Real Estate, Private Equity) | substantial portion of net worth (core foundation) | The Kraft Group + Forbes overview |
| Sports Franchises (Patriots, Revolution, related assets) | Large proportion — team valuations, associated real estate | Bloomberg Billionaires Index |
| Other Investments & Assets (diversified portfolio, private equity, real estate) | Supplementary to main wealth pillars | Bloomberg & Forbes summaries |
Because much of his wealth is privately held — and concentrated in non-publicly traded companies and sports franchises — valuations can shift with market conditions, franchise valuations, and asset reappraisals. Still, the consistent picture from respected sources places Robert Kraft net worth in the multi-billion dollar range, with Forbes and Bloomberg among the leading trackers.
Public Image, Legacy & Influence
Robert Kraft’s public image is that of a visionary builder — not only of business empires but of community institutions. Through ownership of the Patriots and other ventures, he has shaped major facets of American sports culture. Under his ownership, the Patriots became one of the most successful franchises in NFL history, rising from modest beginnings to a dynasty.
Beyond sports, his influence extends into philanthropy, education, and community support. The Kraft Group’s charitable efforts — from youth programs to educational institutions — underscore a commitment to giving back.
In business circles, he stands as a case study in disciplined diversification: turning a packaging business into a multi-sector empire, navigating shifts in industry and economy with strategic foresight. That legacy offers inspiration for entrepreneurs aiming to balance growth, stability, and social impact.
Conclusion
Robert Kenneth Kraft’s life — from his birth on June 5, 1941 to the present — is a powerful narrative of ambition, vision, and transformation. With an estimated net worth of roughly US$13.8 billion, he remains a towering figure in sports, business, and philanthropy. His relationships, including his marriage to Dana Blumberg and his family rooted in decades of shared values, round out a personal life marked by loyalty and legacy.
Robert Kraft’s story shows how early acumen and bold decisions can evolve into a lasting empire — and how wealth, when combined with purpose, can shape not just industries, but communities. His journey remains one of the most compelling examples of American entrepreneurial success, influence, and heart.
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