Norman Braman
Automotive

Norman Braman Net Worth

Norman Braman was born on August 23, 1932 in Miami, Florida, United States. He is the owner of Braman Motorcars, one of the largest car dealerships in Florida, with six locations and over $2 billion in annual revenue. He has made a fortune in retailing vitamins and drugs, and now sells a variety of cars in Florida and Colorado. He is also a former owner of the Philadelphia Eagles and an avid art collector.
Norman Braman is a member of Automotive

Age, Biography and Wiki

Birth Day August 23, 1932
Birth Place Miami, Florida, United States
Age 91 YEARS OLD
Birth Sign Virgo
Residence Miami, Florida, U.S.
Known for Owner of the Philadelphia Eagles from 1985–1994
Spouse(s) Irma Miller
Children Debra Wechsler Suzi Lustgarten

💰 Net worth: $3 Billion (2024)

Norman Braman is a renowned figure in the automotive industry of the United States. His immense success and impact in the field have contributed to his remarkable net worth, which is estimated to be an astounding $3 billion in 2024. Braman's expertise and business acumen have helped him build a remarkable empire, earning him a prominent position in the automotive sector. With his vast wealth, Braman has solidified his reputation as an influential figure in the industry and continues to make significant contributions to the field.

2009 $1.2 Billion
2010 $1.5 Billion
2011 $1.6 Billion
2012 $1.6 Billion
2013 $1.9 Billion
2014 $1.9 Billion
2015 $2 Billion
2016 $1.8 Billion
2017 $1.7 Billion
2018 $2.53 Billion

Biography/Timeline

1932

Braman was born in 1932 in West Chester, Pennsylvania, and grew up in the Cobbs Creek section of Philadelphia, where his Father owned a barbershop. Braman's parents were both Jews who emigrated from Europe. His Romanian-born mother was a seamstress and his Polish Father a barber. Braman was a water boy in his teenage years at the Eagles training camp, which was then in West Chester. During the season, he would sneak into Shibe Park to watch the team play. Braman attended West Philadelphia High School and graduated from Temple University in 1955 with a degree in Business administration.

1955

He began his career in 1955 in the marketing and sales department for Seagram's Distributors. In 1957, he founded Keystone Stores, a chain of self-service department stores, in Philadelphia. In 1964, he organized Philadelphia Pharmaceuticals and Cosmetics, a manufacturer of pharmaceuticals and was President and Chief Executive Officer.

1972

In 1972, he bought a Cadillac dealership in Tampa. Three years later he bought another in Miami and today he is CEO of Braman Enterprises, an umbrella company for his Automotive businesses that include more than 20 car dealerships in Florida and Colorado selling Acura, Audi, Bentley, BMW, Bugatti, Cadillac, Genesis, Honda, Hyundai, Kia, Mercedes-Benz, MINI, Porsche and Rolls-Royce.

1982

In 1982, he led a successful campaign against a city sales tax that would have renovated the Miami Orange Bowl for Dolphins owner Joe Robbie. From 1985 to 1994, he owned the Philadelphia Eagles football team, having purchased it from Leonard Tose. During Braman's time as owner, the Eagles were NFL NFC Eastern Division champion in 1988 and won at least 10 games for five straight years through 1993.

1999

Braman served on the Board of Governors of various institutions. In 1999, he helped defeat then-County Mayor Alex Penelas campaign for a one-cent sales tax that could have generated billions of dollars to spend on mass transit, while potentially hurting automobile sales.

2011

He financially supported a recall election against Miami-Dade Mayor Carlos Alvarez because of a huge property tax increase and pay hikes to Alvarez's top staffers. On March 15, 2011 close to 90% of those that turned out to vote that day in Miami-Dade County, voted to recall the mayor. It is believed to be one of the most lopsided recall elections in the history of American elections.

2016

Braman is a supporter of Marco Rubio, and was considering spending anywhere between US$10 million to US$25 million in support of his 2016 presidential campaign. According to the acknowledgements in his autobiography, Rubio has thanked Braman for being a supporter, and Braman has employed at one time or another Marco Rubio's wife, Jeanette Dousdebes Rubio, at Braman Family Charitable Foundation.

Some Norman Braman images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.