Portrait of Richard Kurtz

Rank #3387

Richard Kurtz

Net worth $1.0B

Real estate · United States

Born
May 15, 1940
Age
86
Source
Real estate
Residence
Palm Beach, Florida
Citizenship
United States
Marital status
Divorced
Children
0
Education

Net worth over time

Biography

  • Richard Kurtz is the founder, CEO and controlling shareholder of The Kamson Corporation, a privately held real estate management company.
  • The Englewood, New Jersey-headquartered Kamson controls 75 multifamily apartment buildings properties, across New Jersey, New York, Pennsylvania, Connecticut and South Dakota.
  • Kurtz founded Kamson in 1976 after selling his New Jersey-based pizza chain, which had 39 stores. His first property was a 62-unit apartment building in Trenton.
  • In 2006, Kurtz bought the historic estate of industrialist Henry Clay Frick for $58 million in Alpine, New Jersey, an upscale neighborhood.
  • Kurtz donated over $230,000 in support of Mehmet Oz's campaign for U.S. Senate in the state of Pennsylvania.
  • Kurtz lives in Palm Beach, Florida, just three miles from a home owned by Mehmet Oz and his wife, Lisa Oz.