Robert Kraft: A Billionaire With A Heart

Robert Kraft has been an American businessman and entrepreneur for several decades now. He is best known as the chairman and CEO of the Kraft Group, which oversees his various investments in sports, manufacturing, and real estate properties. A graduate of Columbia University’s School Of International & Public Affairs, Robert Kraft now devotes most of his time to the philanthropic efforts of his Robert and Myra Kraft Foundation, which is focused on supporting various social justice areas.

Born on June 5, 1941, in the Forest Hills area of Queens borough in New York City, Robert Kraft was raised by Jewish parents who were immigrants from Poland. He attended John Dewey High School before enrolling at Columbia University in 1959. During this time, Robert Kraft worked part-time as a vending machine operator and caddie before joining the university wrestling team. He played as an offensive tackle, serving as co-captain during his senior year in 1962.

While attending Columbia University, Robert Kraft was also introduced to the real estate business, working for Arnow Properties. After graduating with a Bachelor of Science degree in business administration, he continued to work for Arnow before being drafted into the United States Army’s officer training program during the Vietnam War.

After his honorable discharge from the army, Robert Kraft began investing in several small apartment buildings and nursing homes before forming International Forest Products with his brother-in-law. During this time, he met his future wife, Myra Hiatt, through a mutual friend. They eventually married in 1968, and together, they had two children; one son and one daughter.

Robert Kraft then moved on to purchase several local paper companies before acquiring the Rand-Whitney Group, an international packaging company, in 1972. During this time, he and his business partner, Steve Karp, also purchased an interest in two local competitors: the Paper-Bag and Gift Wrap Co., and Rand Paper Corp. They later renamed all three companies as Rand Worldwide Inc., or just WW for short. Visit this page to learn more.

 

More about Kraft on https://chicago.suntimes.com/2021/6/8/22524362/new-england-patriots-owner-robert-kraft-gifted-brand-new-bentley-for-80th-birthday