Bruce Karatz Net Worth (Updated 2025).
Bruce Karatz, born and raised in Los Angeles, California, began his career in the real estate industry at a young age. After graduating from the University of Southern California with a degree in Business Administration, he started working for a local real estate firm, where he quickly demonstrated his prowess in the field. His keen eye for potential development sites and his ability to negotiate complex deals soon caught the attention of his superiors, leading to his rapid ascent within the company.
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Table Of Contents
Bruce Karatz’s Current Net Worth (2025)
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As of 2025, Bruce Karatz’s current net worth is estimated to be around $100 million, according to the latest available information.
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Career
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Bruce Karatz is a prominent American businessman, best known for his tenure as the CEO of KB Home, a leading homebuilder. He served in this role from 1986 to 2006, during which time he transformed the company into one of the largest homebuilders in the U.S. Prior to KB Home, Karatz held various positions in the real estate industry.
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Other Ventures
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After leaving KB Home, Karatz founded Karatz Holdings, a private investment firm focused on real estate and other industries. He also serves on several corporate boards, including those of Lowe’s Companies and Lennar Corporation. Additionally, Karatz is involved in various philanthropic endeavors, including the Karatz Family Foundation.
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Assets
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Bruce Karatz’s assets primarily consist of his stakes in various companies, including his significant holdings in KB Home and other real estate ventures. He also owns several properties across the United States, including a luxurious estate in Beverly Hills, California. Karatz’s art collection, which includes works by renowned artists like Andy Warhol and Roy Lichtenstein, is another notable asset.
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Annual Income
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As a private investor and board member of several companies, Bruce Karatz’s annual income is not publicly disclosed. However, it’s estimated to be substantial, given his continued involvement in the business world and his extensive investment portfolio. His income likely comes from dividends, capital gains, and compensation from his board roles.
Frequently Asked Questions about Bruce Karatz
**Frequently Asked Questions: Bruce Karatz Net Worth**
1. What is Bruce Karatz’s net worth?
Bruce Karatz’s net worth is estimated to be around $100 million.
2. How did Bruce Karatz make his fortune?
Bruce Karatz made his fortune primarily through his career in real estate. He served as the CEO of KB Home, a homebuilding company, from 1984 to 2006.
3. What is Bruce Karatz’s age?
Bruce Karatz was born on December 1, 1944, making him 77 years old.
4. Where did Bruce Karatz grow up?
Bruce Karatz grew up in Los Angeles, California.
5. What is Bruce Karatz’s educational background?
Bruce Karatz graduated from the University of California, Los Angeles (UCLA) with a Bachelor of Arts degree in Economics. He also holds a Master’s degree in Business Administration from the University of Southern California (USC).
6. What are some of Bruce Karatz’s philanthropic efforts?
Bruce Karatz is known for his philanthropic efforts. He has donated to various causes, including education, healthcare, and social services. He is also a significant donor to UCLA, where he established the Bruce A. Karatz Chair in Jewish History at the UCLA Alan D. Leve Center for Jewish Studies.
7. Has Bruce Karatz faced any legal issues?
Yes, Bruce Karatz pleaded guilty in 2008 to a misdemeanor charge of failing to file a tax return. He was also involved in a controversy related to his compensation at KB Home, which led to his resignation in 2006.
8. What is Bruce Karatz’s current role in KB Home?
After resigning as CEO in 2006, Bruce Karatz stepped down from the KB Home board of directors in 2008. He does not hold any current positions at KB Home.
9. What is Bruce Karatz’s political affiliation?
Bruce Karatz is a Democrat and has been a significant donor to Democratic political campaigns.
10. What are some of Bruce Karatz’s hobbies and interests?
Bruce Karatz is an avid art collector and has a significant collection of contemporary art. He is also a passionate supporter of UCLA’s athletic programs and has been a season ticket holder for the UCLA Bruins basketball team for many years.