Jonathan Kraft is an American businessman best known as the president of The Kraft Group, a holding company that controls the business interests of the Kraft family. He is also the president of the New England Patriots and the New England Revolution’s investor-operator.
According to various sources, Jonathan Kraft is one of the wealthiest men in the world today. Here is a look at Jonathan Kraft’s life and career, as well as how it influenced his billionaire status.
Jonathan Kraft Biography
Kraft was born on March 4, 1964, in Brookline, Massachusetts, USA. He was born into a Jewish family and is one of four children of New England Patriots owner Robert Kraft and his late wife, Myra Kraft. His father, Robert Kraft, has an estimated net worth of $4.8 billion and is the 108th richest person in the world, according to Forbes.
Kraft attended Belmont High School and then went on to Williams College, where he received a Bachelor’s degree in history. From 2003 to 2015, Kraft served on the board of trustees of Williams College. He spent two years as a consultant at Bain & Company before receiving his MBA from Harvard Business School in 1990.
Jonathan Kraft Age, Height, Weight
Jonathan Kraft was born on March 4, 1964, and is 59 years old as of 2024. His height is 188 cm, and he weighs 70 kg.
Career
Jonathan Kraft is best known as the president of the New England Patriots, and in 1994, he assisted his family in developing a plan to purchase the team. The New England Patriots had changed hands several times before the family purchased the team.
Victor Kiam bought the team from the Sullivan family in the late 1980s or early 1990s. Victor Kiam later sold the team to James Orthwein in 1992. Orthwein owned the team for a brief but contentious period before selling it to Robert Kraft.
Robert Kraft purchased the New England Patriots for an estimated $175 million in 1994. This was following his purchase of Foxboro Stadium, the team’s home stadium, out of bankruptcy in 1988.
The Kraft family is doing an excellent job of managing the team. Since taking over, they have sold out every preseason, regular season, and playoff home game. By 2009, the franchise’s value had risen above $1 billion, to an estimated $1.361 billion.
Jonathan Kraft has served as the team’s Vice President, Vice Chairman, and President since his father took over the team. He has also served on a number of National Football League committees (NFL).
The Digital Media and Business Ventures committees are two of these committees. When the National Football League Players’ Association and the NFL were at odds over contracts in 2006, Kraft helped to engineer a revenue-sharing plan that was used to settle the dispute.
The New England Revolution were among the first teams to join Major League Soccer in 1995. He and his father have been co-owners of the team since its inception. The soccer team is fairly good, having reached the MLS Cup Final five times: in 2002, 2005, 2006, 2007, and 2014.
In March 2020, the Kraft family offered to use the New England Patriots’ plane to transport over a million N95 masks from Shengzhen, China to Massachusetts to aid medical professionals in their fight against COVID-19.
Jonathan Kraft Achievements and Awards
Jonathan Kraft has won six Super Bowls as an executive with the New England Patriots.
Jonathan Kraft’s Net Worth in 2024
Jonathan Kraft has had a wildly successful business career. He has been able to establish himself in some of the world’s most prestigious positions and make the most of them. Kraft’s net worth is estimated to be $25 million as of March 2024.
Kraft has accomplished this much as an executive with the New England Patriots and the New England Revolution.
Jonathan Kraft has had an extremely successful career as a result of the opportunities provided by his father. We wish him the best of luck in his future endeavors and look forward to seeing more of his accomplishments.
Jonathan Kraft Wife, Marriage
Jonathan Kraft is currently married to Patricia Lipoma in a Jewish ceremony at his parents’ Chestnut Hill home. Patricia converted to Judaism to complete the marriage, and the two have three children together.
