Thomas Kramer (born April 27, 1957) is a German-born real estate developer and venture capitalist, noteworthy for his part in the redevelopment of South Beach, Miami, Florida.
Thomas Kramer's development projects include the Apogee, the Portofino Tower, the Murano Grande, and the Yacht Club.
When The Otto daughters launched the collect request in Florida, which included his 1.84 acres of Miami properties, Thomas Kramer transferred the majority of his assets to the Isle of Man.
[5][6] In 2013, Kramer signed an agreement with Pakistani real estate tycoon Malik Riaz to build the first-ever Island City in Karachi, Pakistan, the Bundal & Buddo Islands, a deal worth US$20 billion.
He claimed he had been unaware of the prohibition, pointing out that he is a prominent, public figure and known to be a German citizen.
[10][11] Howard Glicken [12] pleaded guilty to criminal charges arising from the circumstance.
[13][14] In a hearing report made public in 2014, Thomas Kramer explained that he had lost all financial liability since that event.