Peter Kramer Net Worth

Net Worth: $10 Billion
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    Peter Kramer
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About Peter Kramer

Peter Kramer is a German shipping tycoon with an estimated net worth of $10 billion. His net worth came from a German shipping conglomerate. In 2012, he became an infamous personality after he became a very vocal opponent of the Giving Pledge, a charity led by Bill Gates. It has asked billionaires to donate a large part of their net worth to charity. However, Kramer insisted that he thinks it would be a lot better if the government will increase taxes on billionaires. The result would be that more money will be properly distributed to the people who need it through the government agencies. According to him, the effort is a way of showing “a bad transfer of power from the state to billionaires”. He found it to be too ostentatious just like many other wealthy people such as Carl Ichan, George Soros, Meg Whitman, Oprah Winfrey and the Walton family. Rich people will have a way not to pay their taxes when they donate to their favorite interests and hobbies.