Career
He is the president and chief executive officer of Alliance Resource Partners, L.P., the third-largest coal producer in the eastern United States. Craft received an undergraduate degree in accounting in 1972 from the University of Kentucky before earning a law degree in 1976. 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 United Kingdom Athletics.
In January 2012 Craft donated around $500,000 to Restore Our Future, a Super Public Affairs Committee supporting Mitt Romney.