Quick Info about Bruce E. Karatz
- Full NameBruce E. Karatz
- First NameBruce
- Middle NameE.
- Last NameKaratz
- Born NameBruce E. Karatz
- Birth date10/10/1945
- Birth PlaceChicago, Illinois
- ProfessionBusinessman, Philanthropist
- WifeLilly Tartikoff
- Net Worth$200
Bruce Karatz is a popular American businessman as well as a philanthropist. He holds the position of both CEO as well as the chairman at KB Home. He got more highlighted after his ex-wife Sandra Lee came into a relationship with Andrew Cuomo.
He was born as Bruce E. Karatz on October 10, 1945, in Chicago, Illinois, USA. However, he spent his entire childhood in Minneapolis, Minnesota. In the year 1963, he completed his high school studies. Later, he completed his undergraduate degree from Boston University in 1967. Finally, in 1970, Bruce Karatz received his JD degree from the University of Southern California.
Bruce Karatz officially started his professional career in the year 1972 by joining Kaufman & Broad as their associate general counsel. After spending a few years there, he got promotion as the head of KB Home’s French division. During his time in France, Bruce Karatz was regarded as one of the largest homebuilders. He got appointed as the new CEO of KB Homes in 1986. After becoming the CEO, he brought a lot of changes. Under him, KB Homes achieved a lot of success. In fact, KB Homes was ranked as the #1 homebuilder by Fortune Magazine in 2006.
According to statistics, Bruce Karatz was the richest CEO of the USA during 2006 and later until 2010. In October 2014, he was involved in the creation of a Paris-based real estate development company named “Nafilyan & Partners”. Despite all of it, he is active in various philanthropical activities. He is a well-recognized personality who was involved hugely during the reconstruction of Los Angeles after the disastrous LA Riots. Also, he was involved in the reconstruction of New Orleans after Hurricane Katrina. Currently, Bruce Karatz has been providing his services for BK Capital LLC which is located in Beverly Hills, California.
Bruce Karatz has been married thrice in his lifetime. First, he was married to Janet Dreisen in 1968. Janet is a popular Art Consultant. But in 2001, the couple divorced after 33 years of relationship. In the same year 2001, he married Sandra Lee. Sandra is a popular television personality. However, the relation lasted only four years as they divorced in 2005. Four years later in 2009, he married Lilly Tartikoff. Lilly is a popular and leading cancer activist. Bruce Karatz has a son named Mathew from his first marriage. Where Lilly Tartikoff has two daughters- Calla Lianne Tartikoff and Elizabeth Justine Tartikoff from her previous marriage. But now they all live together.
The estimated net worth of Bruce Karatz is approximately $200 million as of 2020. His major source of income is from his businesses. He is considered one of the richest CEO in the world. His fortune includes stocks, luxury goods such as cars, yachts, and private planes.
- Bruce Karatz was raised in a Jewish family. But, he changed his religion to Judaism in the year 2001.
- He is a huge supporter of the Democratic Political Party.
- According to the source, it is found that he has supported Bill Clinton, Barack Obama, Al Gore, etc. in their presidential election campaigns.
- Bruce Karatz doesn’t seem to use any social media accounts.
- Some of Bruce Karatz’s awards include Home Boy Community Service Award (2012), Human Relations Award (2004), Distinguished Humanitarian Award (2000), etc.