A native of Brookline, Massachusetts, Robert Kraft attended public schools before entering Columbia University on an academic scholarship. Upon graduation in 1963, he received a fellowship to attend Harvard Business School, where he earned a master's degree in business administration. In 1972, Robert founded International Forest Products which has grown to become one of the largest privately owned paper trading companies in the world. With IFP, Robert also created a platform that has grown in to what is known as The Kraft Group, a diverse holding company that comprises the family's various business interests.
The Kraft Family supports various philanthropic causes including education, child and women issues, healthcare, youth sports and American and Israeli causes. Robert is a Trustee Emeritus of Columbia University, as well as a trustee of Boston College. He also serves on the Board of Directors for Viacom, the Executive Committee of the Federal Reserve Bank of Boston, and the Executive Committee of the Dana-Farber Cancer Institute. In January of 2006, Robert was presented with the highest honor bestowed by the NCAA as the recipient of the Theodore Roosevelt Award.