BillionaireNet
Kurtz
Richard Kurtz
Rank #3120
UNITED STATESreal-estateReal estate

Richard Kurtz

Net Worth
$1B
0% (24h)
Richard Kurtz is an 85-year-old real estate mogul, the founder, CEO, and controlling shareholder of The Kamson Corporation, a privately held real estate management company. His wealth source is real estate. Kurtz began his career in the real estate industry in 1976 after selling his pizza chain. Today, The Kamson Corporation controls 75 multifamily apartment buildings across multiple states. His entrepreneurial journey demonstrates innovation and dedication. His net worth is estimated at $1.0 billion.

The Full Dossier

Early Life

Richard Kurtz was born in 1939. He began his entrepreneurial journey in 1967 by opening a pizza shop in Clifton, New Jersey. After expanding the business to 39 stores, he sold the chain in 1976.

Rise to Success

In 1976, Kurtz founded The Kamson Corporation and purchased his first apartment property, a 62-unit building in Trenton, New Jersey. The company grew to control 75 multifamily apartment buildings properties across New Jersey, New York, Pennsylvania, Connecticut, and South Dakota.

Key Business Strategies

Kurtz's key business strategy involves acquiring and managing multifamily apartment buildings. The Kamson Corporation focuses on providing value to residents and stakeholders through strategic investments and operational excellence.

Philanthropy

Richard Kurtz is known for supporting medical research, education, and community health programs. He donated over $230,000 in support of Dr. Mehmet Oz's campaign for U.S. Senate. He also established the Richard J. Kurtz Family Community Well-Being Doctoral Program Endowed Fellowship Fund and the Isaac Prilleltensky Fund for Community Well-Being at the University of Miami.

Career Timeline

1976

Founded The Kamson Corporation

Founded The Kamson Corporation and purchased first apartment property.

1967

Founded Pizza Shop

Opened a pizza shop in Clifton, New Jersey.

Philanthropic Impact

Education$1.5M+

Richard J. Kurtz Family Community Well-Being Doctoral Program Endowed Fellowship Fund

Established at the University of Miami.

Community Well-BeingUnknown

Isaac Prilleltensky Fund for Community Well-Being

Established at the University of Miami.

Wealth Trajectory