Billionaire Profile
Richard Kurtz
Global Rank
#2933

Image: Public domain | via Wikimedia Commons

Richard Kurtz

CEO, The Kamson Corporation
US
Real-Time Net Worth
$1B
As of December 2025
Age
85
Source
Real estate
Industry
real-estate
Citizenship
US

Biography

Richard Kurtz, at 85 years old, is a prominent figure in the real estate industry, recognized for founding and leading The Kamson Corporation, a privately held real estate management company. His wealth source is primarily real estate. Kurtz's career spans decades, starting with a pizza chain before transitioning into real estate, where he built a substantial portfolio of multifamily properties. He is also known for his philanthropic endeavors, supporting various causes. Kurtz's achievements include building a successful real estate empire and making significant contributions to community initiatives.

Wealth Over Time

In-Depth Profile

Early Life

Richard Kurtz's entrepreneurial journey began in 1976 when he sold his pizza chain business, which comprised 39 stores. With the capital from the sale, he ventured into the real estate sector. His initial investment was a 62-unit apartment building in Trenton, New Jersey.

Rise to Success

Kurtz founded The Kamson Corporation, which grew into a significant player in the multifamily real estate market. Under his leadership, Kamson controls 75 multifamily apartment buildings across multiple states including New Jersey, New York, Pennsylvania, Connecticut, and South Dakota. Kurtz focused on long-term stability and tenant safety, strategies that helped Kamson establish a strong reputation in competitive real estate markets.

Key Business Strategies

Kurtz’s approach combines disciplined acquisition, strong local management, and a resident-first philosophy. He has demonstrated a keen ability to identify opportunities and manage properties effectively. Kurtz has been noted for purchasing the historic Frick estate in Alpine, New Jersey, showing his interest in high-value properties.

Philanthropy

Richard Kurtz supports various philanthropic initiatives, primarily focusing on education, healthcare, and community health programs. He has contributed over $230,000 to Dr. Mehmet Oz's campaign for the U.S. Senate. Kurtz's philanthropic efforts also extend to economic development and community initiatives across the states where Kamson operates.

Career Milestones

1976

Founded The Kamson Corporation

After selling his pizza chain, Kurtz founded The Kamson Corporation, a real estate management company.

2006

Purchased the Frick Estate

Kurtz purchased the historic Henry Clay Frick estate in Alpine, New Jersey.

Philanthropy & Social Impact

Political Donations

Support for Mehmet Oz's campaign

$0.23

Donated over $230,000 to Dr. Mehmet Oz's campaign for the U.S. Senate.

Business Philosophy & Leadership

Notable Quotes

""Security is number one and that's the greatest reason we are giving money right now in the Republican sector. Because we need safety, our tenants have to be safe.""

Leadership Principles

Safety and Security

Kurtz prioritizes the safety and security of his tenants, as reflected in his political donations and property management practices.

Long-Term Stability

Kurtz focuses on long-term stability and consistent property improvement.