Joe Craft

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Joe Craft
Born 1950
Hazard, Kentucky, United States
Residence Tulsa, Oklahoma, United States
Nationality American
Alma mater University of Kentucky
Occupation Businessman
Employer Alliance Resource Partners, L.P.
Net worth US$1.4 billion (February 2011)[1]

Joseph "Joe" Craft III (born 1950), a Kentucky native,[2] is an American businessman and philanthropist. He is the president and chief executive officer of Alliance Resource Partners, L.P., the third-largest coal producer in the eastern United States.[3]

Craft received an undergraduate degree in accounting in 1972 from the University of Kentucky before earning a law degree in 1976. During his time at the University of Kentucky, Craft was a member of the Sigma Alpha Epsilon fraternity.

The Joe Craft Center, a state-of-the-art basketball practice facility for the Kentucky Wildcats men's and women's basketball teams was named for him after he pledged $6 million toward the completion of the project. This was the largest private gift in the history of UK Athletics.[4]

Political activism[edit]

In January 2012 Craft donated around $500,000 to Restore Our Future, a Super PAC supporting Mitt Romney.[5]


  • The University of Tulsa, Collins College of Business - 2008 Outstanding Business Leader[6]
  • 2007 City of Tulsa Oklahoma - Hall of Fame[6]
  • Ernst & Young Entrepreneur of the Year for the Southwest Region energy, chemical, and mining category[7]


  1. ^ "Joseph W. Craft Profile". Forbes. Retrieved 19 February 2011. 
  2. ^ "Hazard native gives generously to UK". Hazard Herald. 18 July 2013. Retrieved 13 April 2015. 
  3. ^ "Alliance Resource Partners, L.P. Announces Acquisition of Coal Supply Agreements from Affiliate of Patriot Coal Corporation". Business Wire. 2 January 2015. Retrieved 13 April 2012. 
  4. ^ "UK Athletics Receives Record Gift". The University of Kentucky. 18 August 2006. Retrieved 13 April 2015. 
  5. ^ "Billionaire Joe Craft at nexus of Kentucky basketball, coal and politics". Lexington Herald-Leader. 4 November 2012. Retrieved 13 April 2015. 
  6. ^ a b Joseph W. Craft III - 2008 Outstanding Business Leader
  7. ^ "Alliance Exec Among Regional Honorees". Tulsa World. Retrieved 13 April 2015. 

External links[edit]