Joseph Craft Net Worth

What is Joseph Craft's Net Worth?

Joseph Craft is an American lawyer and businessman who has a net worth of $1.4 billion dollars which makes him one of the richest people in Oklahoma. A resident of Tulsa, Oklahoma, Joseph Craft earned his Bachelor of Science degree in Accounting, and his law degree, from the University of Kentucky. He also graduated from the Senior Executive program at M.I.T. After finishing school, he worked briefly as a lawyer, and was then hired by MAPCO in 1980, to serve as assistant general counsel. Seven years later, he had become MAPCO's president. His business and legal acumen helped the company broker a successful public limited partnership deal in 1996. In 1999, the company was renamed Alliance Resource Partners, and he was appointed CEO. Since then, the company, which is focused on coal, has expanded throughout the Midwest, and is currently making $390 million annually. Mr. Craft recently donated $6 million to his alma mater's basketball program, so that the school could complete their new practice facility.