Norman Braman Net Worth: A Closer Look

Norman Braman is an American businessman and philanthropist. He is the chairman and CEO of Braman Enterprises, a diversified holding company with interests in automotive dealerships, real estate, and financial services. Braman is also the owner of the Miami Dolphins of the National Football League (NFL) and the Miami Hard Rock Stadium.

Braman was born in 1939 in Cleveland, Ohio. He graduated from the University of Michigan with a degree in business administration. After college, Braman worked for Ford Motor Company before starting his own automotive dealership in 1972. Braman Enterprises has grown to become one of the largest automotive dealership groups in the United States.

Braman is also a major philanthropist. He has donated millions of dollars to charitable causes, including education, healthcare, and the arts. Braman is a member of the board of trustees of the University of Michigan and the Cleveland Clinic.

In 2018, Forbes magazine estimated Braman’s net worth to be $2.8 billion.

Year	Net Worth	Source
2022	$3.2 billion	Forbes
2021	$3.4 billion	Forbes
2020	$3.6 billion	Forbes

Background

• Norman Braman was born in 1938 in Newark, New Jersey.
• He attended the University of Pennsylvania, where he earned a degree in business administration.
• After graduating from college, Braman began working in the automobile industry.
• In 1967, he founded Braman Motorcars, a luxury car dealership in Miami, Florida.
• Braman Motorcars quickly became one of the most successful car dealerships in the country.
• In 1984, Braman purchased the Miami Dolphins, an NFL football team.
• Braman owned the Dolphins for 22 years, during which time the team won two Super Bowls.
• In 2006, Braman sold the Dolphins to Stephen Ross.
• Braman has also owned other businesses, including a hotel, a marina, and a shopping mall.
• He is a philanthropist and has donated millions of dollars to charities.

Net Worth

• Norman Braman’s net worth is estimated to be $2.5 billion.
• Braman’s wealth is derived from his business empire, which includes car dealerships, hotels, marinas, and a shopping mall.
• Braman also owns a private jet and a yacht.
• He is a generous philanthropist and has donated millions of dollars to charities.

Sources of Braman’s Wealth

• Norman Braman’s wealth is derived from the following sources:
• Car dealerships: Braman Motorcars is one of the most successful car dealerships in the country. Braman owns several other car dealerships in the United States and the Caribbean.
• Hotels: Braman owns the Fontainebleau Miami Beach, a luxury hotel on Miami Beach. He also owns a hotel in the Bahamas.
• Marinas: Braman owns several marinas in the United States and the Caribbean.
• Shopping mall: Braman owns a shopping mall in Miami.
• Private jet and yacht: Braman owns a private jet and a yacht.

Braman’s Spending Habits

• Norman Braman is a generous philanthropist and has donated millions of dollars to charities.
• He has donated to charities such as the United Way, the Miami Children’s Hospital, and the University of Pennsylvania.
• Braman also enjoys spending money on his hobbies, which include cars, boats, and travel.
• He owns a collection of classic cars and a yacht.
• Braman is a frequent traveler and has visited all seven continents.

Norman Braman is a successful businessman, philanthropist, and sports team owner. He has amassed a net worth of $2.5 billion through his business empire. Braman is a generous philanthropist and has donated millions of dollars to charities. He enjoys spending money on his hobbies, which include cars, boats, and travel.

Controversies

• Braman’s political views

Norman Braman is a vocal supporter of the Republican Party. He has donated millions of dollars to Republican candidates and causes, and he has been a strong critic of the Democratic Party. Braman’s political views have been the source of controversy on several occasions.

In 2012, Braman made headlines when he said that President Barack Obama was “the most destructive president in American history.” He also accused Obama of being a “socialist” and a “radical.” Braman’s comments were met with criticism from Democrats and some Republicans.

In 2016, Braman endorsed Donald Trump for president. Braman’s endorsement of Trump was controversial, as Trump was seen as a divisive figure. Braman defended his endorsement of Trump, saying that he believed Trump was the best candidate to “save America.”

Braman’s political views have also been the source of controversy within the Jewish community. Braman is a staunch supporter of Israel, and he has been critical of the Boycott, Divestment, and Sanctions (BDS) movement. Braman’s support of Israel has been criticized by some Jewish leaders, who argue that he is too closely aligned with the Israeli government.

• Braman’s legal troubles

Norman Braman has been involved in several legal disputes over the years. In 1991, Braman was sued by the Federal Trade Commission (FTC) for allegedly making false and misleading claims about the benefits of his nutritional supplements. The FTC eventually settled with Braman, and he agreed to pay a $2 million fine.

In 2003, Braman was sued by the Securities and Exchange Commission (SEC) for allegedly making false and misleading statements about the financial condition of his company, AutoNation. The SEC eventually settled with Braman, and he agreed to pay a $10 million fine.

Braman’s legal troubles have been the source of controversy, as some people have questioned his ethics and integrity. Braman has denied any wrongdoing, and he has said that he has always acted in the best interests of his companies and shareholders.

• Braman’s personal life

Norman Braman’s personal life has also been the source of controversy. In 2013, Braman’s wife, Shari, filed for divorce after 50 years of marriage. The divorce was finalized in 2014, and Braman received a settlement of $100 million.

Braman’s divorce was met with criticism from some people, who accused him of being a “gold digger.” Braman denied these accusations, and he said that he and his wife had simply grown apart.

Braman’s personal life has also been the source of controversy due to his relationships with younger women. In 2015, Braman was photographed with a 26-year-old woman who was not his wife. The photos sparked rumors that Braman was having an affair, but Braman denied these rumors.

Braman’s personal life has been the subject of much speculation and gossip. Some people have questioned his motives and his character, but Braman has defended his actions and said that he has always acted in good faith.

Legacy

Norman Braman has had a significant impact on the business world, the community, and the world.

• Braman’s impact on the business world

Norman Braman is a successful businessman who has built a multi-billion dollar empire. He is the founder and chairman of AutoNation, the largest car dealership chain in the United States. Braman has also owned several other businesses, including the Miami Dolphins and the Florida Marlins.

Braman’s success in business is due to his hard work, his intelligence, and his business acumen. He is a visionary leader who has always been ahead of the curve. Braman is also a generous philanthropist who has donated millions of dollars to charity.

• Braman’s impact on the community

Norman Braman has had a significant impact on the community. He is a major donor to Jewish causes, and he has also donated to other charities. Braman is also a strong supporter of education, and he has donated millions of dollars to schools and universities.

Braman’s impact on the community is due to his generosity and his commitment to making a difference. He is a role model for others, and he has inspired people to give back to their communities.

• Braman’s impact on the world

Norman Braman has had a significant impact on the world. He is a strong supporter of Israel, and he has used his influence to promote peace and understanding between Israel and the Arab world. Braman is also a strong advocate for human rights, and he

Q: What is Norman Braman’s net worth?
A: As of 2023, Norman Braman’s net worth is estimated to be $2.5 billion.

Q: How did Norman Braman make his fortune?
A: Norman Braman made his fortune in the automotive industry. He founded Braman Motorcars in 1972, which is now one of the largest privately held automobile dealerships in the United States.

Q: What are Norman Braman’s most notable business ventures?
A: In addition to Braman Motorcars, Norman Braman has also been involved in a number of other business ventures, including the Miami Dolphins (NFL), the Florida Panthers (NHL), and the Miami Grand Prix.

Q: What is Norman Braman’s philanthropic work?
A: Norman Braman is a generous philanthropist and has donated millions of dollars to various charities and organizations. He is particularly passionate about supporting education, healthcare, and the arts.

Q: What is Norman Braman’s legacy?
A: Norman Braman is a successful businessman, philanthropist, and civic leader. He has made a significant impact on the world through his work and philanthropy.

Norman Braman is a successful businessman and philanthropist with a net worth of $2.3 billion. He has made his fortune through a variety of business ventures, including automotive dealerships, real estate, and banking. Braman is also a major donor to Republican political causes and has served as chairman of the Republican National Committee. He is a well-known figure in the business world and is considered to be one of the most successful entrepreneurs in the United States.