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Latest Updtaes Robert kraft net worth

Robert kraft net worth 2022

Robert kraft net worth
Robert kraft net worth

Acccording To Uswhispers Robert kraft net worth $7 Billion Robert Kraft amassed his fortune as Chairman and CEO of The Kraft Group, a conglomerate that owns businesses ranging from paper to real estate. He is best known for his ownership of the New England Patriots, the New England Revolution, and Gillette Stadium.

Wealth in Paper

Kraft's first job was with the Rand-Whitney Group, a packaging firm managed by his father-in-law Jacob Hiatt. Kraft led a leveraged buyout to gain control of the company in 1968. He is still the chairman of the Rand-Whitney Group. In 1972, Kraft established International Forest Products, a seller of physical paper commodities. The two paper and packaging enterprises are the largest privately held businesses in the United States.

Kraft was also a shareholder in New England Television Corp., which purchased WNAC-TV in 1982. He was elected to the board of directors in 1983. The station was renamed WNEV-TV, and he was chosen president of the firm in 1986. He exercised his option to sell his shares for $25 million in 1991. Kraft also purchased a number of Boston radio stations. He eventually founded his Kraft Group paper company in 1998, which now operates in 90 countries and has sales of more than $2 billion.

Private Life

He met Myra Hiatt in a Boston deli in February 1962. In June 1963, they married. Jonathan, Daniel, Joshua, and David were the couple's four sons. The Krafts were members of Newton, Massachusetts' Temple Emanual. On July 20, 2011, Myra Kraft died of ovarian cancer. Her age was 68 years.

Kraft began dating actress Ricki Noel Lander, who is 39 years his junior, in June 2012. In the fall of 2017, Lander gave birth to a child. While there was conjecture that Kraft was the father, when the child's birth was announced in May 2018, he denied paternity. Kraft and Lander divorced in 2018.

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