Age, Biography and Wiki
Thomas Kramer was born on 27 April, 1957 in Frankfurt, Germany, is a Thomas Kramer is born real estate developer. Discover Thomas Kramer's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 66 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
66 years old |
| Zodiac Sign |
Taurus |
| Born |
27 April, 1957 |
| Birthday |
27 April |
| Birthplace |
Frankfurt, Germany |
| Nationality |
Germany
|
We recommend you to check the complete list of Famous People born on 27 April.
He is a member of famous with the age 66 years old group.
Thomas Kramer Height, Weight & Measurements
At 66 years old, Thomas Kramer height not available right now. We will update Thomas Kramer's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Joya Burda |
Thomas Kramer Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Thomas Kramer worth at the age of 66 years old? Thomas Kramer’s income source is mostly from being a successful . He is from Germany. We have estimated Thomas Kramer's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Thomas Kramer Social Network
Timeline
Thomas Kramer (born April 27, 1957) is a German-born real estate developer and venture capitalist, noteworthy for his part in the redevelopment of South Beach, Miami, Florida.
Thomas Kramer's development projects include the Apogee, the Portofino Tower, the Murano Grande, and the Yacht Club.
Kramer is the son of Frankfurt stockbroker Willi Kramer.
He attended the Salem Boarding School.
Then he took a brokerage apprenticeship in London and became a licensed broker.
He joined his father's firm, before moving on to Shearson Lehman Brothers.
He founded his own company in 1986, TK Kapitalverwaltung GmbH.
In the early 1990s, Kramer purchased for $45 million large portions of South Pointe, the southern tip of South Beach, a high-crime and poverty-stricken area.
The deal allowed him to consolidate his holdings in a land swap.
It also cleared zoning to allow the erection of the tallest buildings south of Manhattan.
The whole area was turned into a premier residential area.
In 1992, Thomas Kramer purchased the Woman in an Armchair, painted in 1932 by Pablo Picasso, for $2.86 million, well below the expected price of $3.5 million to $4.5 million.
He was married to Catherine Burda, daughter of Franz Burda II, the son of Franz Burda I, founder of a well-known German publishing house.
The plaintiffs had financed Thomas Kramer's real estate purchases in Miami, but when they intended to collect their money in 1995, Thomas Kramer tried to overturn the request and lost.
When The Otto daughters launched the collect request in Florida, which included his 1.84 acres of Miami properties, Thomas Kramer transferred the majority of his assets to the Isle of Man.
In 2000, Verena von Mitschke-Collande and Claudia Miller-Otto, daughters of Siegfried Otto whose step-daughter was briefly married to Thomas Kramer, won a $90 million settlement against Kramer in a Swiss court.
In 2013, Kramer signed an agreement with Pakistani real estate tycoon Malik Riaz to build the first-ever Island City in Karachi, Pakistan, the Bundal & Buddo Islands, a deal worth US$20 billion.
The deal fell through since Kramer failed to provide the necessary funds.
Kramer was subjected to a record fine for an individual from the Federal Elections Commission.
He donated to political candidates as a foreign citizen.
This is illegal under United States campaign finance laws.
He claimed he had been unaware of the prohibition, pointing out that he is a prominent, public figure and known to be a German citizen.
He turned himself in to the FEC and immediately requested the refund of all political donations.
The imposed fine was agreed upon as part of a voluntary conciliation agreement with the FEC.
Howard Glicken pleaded guilty to criminal charges arising from the circumstance.
He admitted soliciting donations from Kramer when he knew that Kramer was not a U.S. citizen.
In a hearing report made public in 2014, Thomas Kramer explained that he had lost all financial liability since that event.
In August 2017, his house on Star Island was auctioned and sold for $40 million.
Thomas Kramer appeared on the third season of The Real Housewives of Atlanta and the second season of The Real Housewives of Miami.
Thomas Kramer created the Thomas Kramer Foundation, his main charitable vehicle.
He regularly rents out his Star Island mansion for charity events.
