Robert Kraft, the founder of Kraft Group, is a leading American sportsman and industrialist. He is also the founder of the New England Patriots football team. Kraft helped transform the Patriots Group to higher ranks, becoming a leading team in the National Football League. Kraft’s father, also his mentor, was a businessman in the clothing industry.
Robert Kraft attended Columbia University, graduating with a bachelor’s degree in 1963. In 1965, Robert Kraft joined Harvard Business School, earning his M.B.A. After his studies, he got employed at Rand-Whitney, a paper packaging manufacturer in one of his dad’s firms. In 1968, Robert Kraft started purchasing shares, and in 1968, he became Hiatt’s largest shareholder, taking complete control in 1972. Later, he established International Forest Products to deal with paper products, pulp, and wood. In 1998, he co-founded Kraft Group, currently ranked among the best firms in America.
The first sports team to be supported by Robert is Boston Lobsters. Robert Kraft partnered with other investors and wholly owned this tennis team in 1975. In 1985, he sold the tennis team and purchased land near Suvillan Stadium. In 1998, he collaborated with other investors to buy the New England Patriots stadium before acquiring the team in 1994.
It is under the management of Robert that the Patriots managed to rise from the bottom to the top of the league, winning several trophies. The team improved to participating in top leagues like the Super Bowl and hired Bill Belichick to take over as the head coach. The team’s networth and revenue started rising gradually, motivating Kraft to build a modern stadium with impeccable features. The stadium had an entertainment complex, dining area, retail, hotel, free wifi, and a spacious parking space. In 1996, Kraft established New England Revolution, which participated in a top soccer league. The impact of Robert in the sports sector is worth complimenting.
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