R ichard Kurtz is a self-made American billionaire who is the founder and president of the Kamson Corporation, a major private real estate company based in New Jersey. He started his career in real estate in the 1970s and has since built a massive and highly successful portfolio of multifamily apartment communities. His company owns and manages tens of thousands of apartment units, primarily in New Jersey and Pennsylvania.

His business model is to acquire, own, and manage a large portfolio of rental properties for long-term cash flow and appreciation. He has a reputation as a shrewd and successful operator in the multifamily housing market. His wealth is derived from his sole ownership of the vast, privately held real estate empire he created over several decades. He is a major and influential figure in the New Jersey real estate market.