Early Life and Education
Norman Braman was born on August 23, 1932, in West Chester, Pennsylvania, to Jewish immigrant parents. He graduated from Temple University in 1955 with a degree in business administration.
Rise to Success
Braman's career began in market research before he entered the automotive industry. He acquired his first Cadillac dealership in Tampa, Florida, in 1972. Over the years, he expanded his automotive empire, establishing Braman Motorcars, which now includes numerous dealerships in Florida and Colorado selling luxury brands like BMW, Porsche, and Rolls-Royce. His business acumen led to substantial financial success.
Key Business Strategies
Braman's success can be attributed to his keen understanding of the luxury automotive market, strategic acquisitions, and a commitment to customer service. His willingness to adapt to market changes and his focus on high-end brands have been crucial to his sustained success. He is known for his strong marketing and in-depth research.
Philanthropy
Braman and his wife, Irma, are known for their extensive philanthropic efforts. They established the Norman and Irma Braman Family Foundation, which supports medical and educational projects worldwide. They are also major contributors to the arts, including the founding of the Holocaust Memorial Miami Beach and supporting Art Basel. The Bramans have also been generous advocates for cancer care and built the Braman Comprehensive Cancer Center in South Florida.