How Robert Kraft became a billionaire

New York (CNN Business)Robert Kraft bought the New England Patriots in 1994 from an owner who wanted to move the team to St. Louis and call them the Stallions. And the Patriots today are worth $3.7 billion, the sixth most valuable pro franchise in the world, and Kraft is worth $6.6 billion, according to Forbes. He is the 79th wealthiest person in America. On Friday, Kraft, 77, was making headlines for other reasons. He was facing charges of soliciting prostitution, stemming from a raid on a day spa in Florida. A spokesperson for Kraft denied that he had committed a crime. Lee Igel, an associate professor at NYU’s Tisch Institute for Global Sport, said Kraft transformed the Patriots into a …