Robert Kenneth Kraft is an American billionaire businessman. He is the chairman and chief executive officer of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development, and a private equity portfolio.
Who was Robert Kraft’s mother Sarah Kraft?
Robert Kraft was born in Brookline, Massachusetts, the son of Sarah Bryna (Webber), a dress manufacturer in Boston’s Chinatown. His mother was born in Halifax, Nova Scotia.
The Krafts were a Modern Orthodox Jewish family. Robert attended the Edward Devotion School and graduated from Brookline High School. As a child, he sold newspapers outside of Braves Field in Boston.
Kraft was elected chairman of the Newton Democratic City Committee when he was 27. He considered running against Representative Philip J. Philbin in 1970 but chose not to, citing the loss of privacy and strain on his family that politics would have caused.
Kraft began his professional career with the Rand-Whitney Group, a Worcester-based packaging company run by his father-in-law Jacob Hiatt.In 1968, he gained control of the company through a leveraged buyout. He still serves as this company’s chairman.