Who Owns Kraft Foods
Kraft Foods is not owned by Robert Kraft. Robert Kraft is the chairman and owner of the New England Patriots and Kraft Group, a private investment firm focused on sports, real estate, and entertainment. Kraft Group has no ownership stake in Kraft Foods, the packaged foods company. The Kraft Foods brand is now part of Mondelez International, a publicly traded company headquartered in Chicago.
Kraft Foods was originally part of the former Kraft Heinz company, which was created in 2015 through a merger between Kraft Foods Group and H.J. Heinz Company, led by Berkshire Hathaway and 3G Capital. In 2023, Kraft Heinz announced a plan to split into two separate companies, and the snacking business was spun off as Mondelez International, while the grocery business retained the Kraft Heinz name.
Robert Kraft and the Kraft Group
Robert Kraft founded the Kraft Group, which owns the New England Patriots, Gillette Stadium, and various real estate and logistics businesses. The Kraft Group is a separate entity from Kraft Foods and has no connection to the food company's ownership or operations.
Robert Kraft's net worth is largely tied to his ownership of the Patriots and his private investments. He is not involved in the management or ownership of Kraft Foods, Kraft Heinz, or Mondelez International.
Who Owns Kraft Foods Today
Mondelez International owns the Kraft Foods brand for snacks, including Oreo, Toblerone, and Trident. Mondelez is a publicly traded company listed on NASDAQ under the ticker MDLZ. Major institutional investors and shareholders hold the company, with Vanguard Group and BlackRock among the largest shareholders.
Kraft Heinz, the grocery-focused company, is publicly traded on NASDAQ under the ticker KHC. It is controlled by Berkshire Hathaway and 3G Capital, with Berkshire Hathaway holding a significant ownership stake. Robert Kraft does not own or operate Kraft Heinz or Mondelez.
