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Billionaire Profile
Richard Kurtz
Global Rank
#3139

Image: The original uploader was Richard Arthur Norton (1958- ) at English Wikipedia. | Public domain | via Wikimedia Commons

Richard Kurtz

CEO, Real estate
UNITED STATES
Real-Time Net Worth
$1B
Estimated based on Real estate stock value as of March 6, 2026
0% (24h)
Age
85
Source
Real estate
Industry
Diversified
Citizenship
UNITED STATES

Biography

Richard Kurtz, a prominent figure in the real estate sector, is the founder, CEO, and controlling shareholder of The Kamson Corporation. With an estimated net worth of $1.0 billion, Kurtz's wealth stems from his successful ventures in real estate. His career began in 1976 after selling a pizza chain, leading him to establish Kamson, a company that has grown to manage 75 multifamily apartment buildings across the Northeastern United States. Kurtz is known for his strategic approach and commitment to building thriving communities, buying the historic Frick Estate in 2006. His achievements include expanding Kamson through strategic acquisitions and long-term operational control.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Richard Kurtz was born with an entrepreneurial spirit. He founded The Kamson Corporation in 1976.

Rise to Success

Kurtz's journey began after selling his New Jersey-based pizza chain, which had 39 stores. His first property was a 62-unit apartment building in Trenton. The Kamson Corporation has flourished under his leadership, managing 75 multifamily apartment buildings across several states. He is known for disciplined acquisitions, property repositioning, and long-term operational control. In 2006, Kurtz purchased the historic estate of industrialist Henry Clay Frick for $58 million.

Key Business Strategies

Key strategies include a focus on apartment ownership and management, disciplined acquisitions, and a patient, cash-flow-driven approach. Kurtz has maintained The Kamson Corporation as a family-led platform through multiple real estate cycles.

Philanthropy

Kurtz donated over $230,000 in support of Mehmet Oz's campaign for U.S. Senate.

Career Milestones

1976

Founded The Kamson Corporation

Founded a real estate management company.

2006

Purchased the Frick Estate

Bought the historic estate of industrialist Henry Clay Frick.

Philanthropy & Social Impact

Political Donations

Political Donations

$0.23B

Donated over $230,000 in support of Mehmet Oz's campaign for U.S. Senate in the state of Pennsylvania.

Business Philosophy & Leadership

Notable Quotes

""Real estate is all about location location location""

Leadership Principles

Strategic Investment

Making strategic investments in properties to drive growth.

Operational Excellence

A relentless pursuit of operational excellence.

Community Development

Committed to building thriving communities.

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