Richard Nicotra Net Worth - A Look At His Success
When people talk about individuals who have truly made a mark in the business world, especially in real estate, the name Richard Nicotra often comes up. So, there's quite a bit of interest, you know, in what he has built over the years and what his financial standing might be. This article takes a closer look at the life and business ventures of this notable figure, giving you a clearer picture of his accomplishments and what he has amassed.
It's interesting to consider how someone can achieve such significant financial success and also contribute so much to their community. We're going to explore the various parts of his professional life, from starting a company that shapes the physical spaces around us to his involvement in other kinds of businesses, like places where people gather for food and fun. This exploration, you know, helps paint a more complete picture of his journey.
You might be wondering, just how much wealth has he gathered? We'll get into the details of what's been reported about his financial value, along with some insights into his charitable activities. It's really quite something to see how different parts of his work, from building properties to giving back, are all connected. This piece will, in a way, lay out the different threads of his story.
Table of Contents
- The Story of Richard Nicotra
- Personal Details and Background
- Richard Nicotra Net Worth - What Is It Really?
- Building an Empire - Nicotra Enterprises
- How Does Philanthropy Connect with Richard Nicotra Net Worth?
- Another Richard Nicotra - The Legal Professional
- Can a Law Firm Really Make a Difference?
- What Do We Know About the Nicotra Family and Associates?
The Story of Richard Nicotra
Richard Nicotra, a person from the United States, has certainly made a name for himself in the business arena. He's widely seen as someone who has done very well in his chosen field. His primary venture, Nicotra Enterprises, which he both started and currently leads, focuses on developing real estate. This means they build and improve properties, shaping the places where people live and work. So, his impact on the physical layout of certain areas is, you know, quite visible.
Beyond creating buildings, Richard has also put his energy into other kinds of businesses. For example, he has been involved with places to eat and establishments where people go out for entertainment. This shows, in a way, a broad interest in different parts of the business world, not just focusing on one specific type of activity. It's rather clear he has a diverse set of business interests.
His work in real estate has been particularly impactful in one specific area, Staten Island. In that place alone, his company is, quite frankly, the biggest private real estate developer. They hold control over more than a million square feet of important commercial space. That's a very large amount of property, almost certainly making them a significant player in the region's development. It's a pretty substantial footprint, you know, in terms of sheer size.
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Personal Details and Background
When we talk about Richard Nicotra, it's worth noting that the source information mentions two individuals with this same name, which can be a little confusing. The one connected to the real estate development and the estimated financial value is described as being 52 years of age. He was born, apparently, on the third day of July in the year 1972. This particular Richard is the one often discussed in terms of his business achievements and wealth. It's important to keep these details straight, you know, to avoid mixing up their stories.
The other Richard Nicotra, who we'll discuss a little later, is a legal professional and is described as being 84 years old. He was born on the twenty-second day of February in 1940. This individual calls Staten Island, New York, his home. In the past, he has been known by slightly different versions of his name, like Richard M Nicotra, Richard Nictora, and even Richardd Nicotra. So, while they share a name, their birth dates and professional paths are quite distinct. It's almost like they're two different chapters in a book, even with the same title.
For the purpose of discussing the business endeavors and the financial standing that has gained public attention, we are focusing on the Richard Nicotra who is 52. His life story, his business growth, and his contributions to the community are what people are often curious about when his name comes up. It's a bit like trying to follow a specific thread in a large, rich tapestry, you know, making sure you're looking at the right one.
| Detail | Information (Richard Nicotra - Businessman) |
|---|---|
| Age | 52 years old |
| Date of Birth | March 7, 1972 |
| Primary Business | Real Estate Development (Nicotra Enterprises) |
| Other Business Interests | Restaurants, Nightclubs |
| Estimated Financial Value | $100 million |
| Location of Main Operations | Staten Island, NY |
Richard Nicotra Net Worth - What Is It Really?
When people talk about the financial worth of Richard Nicotra, the businessman, an estimated figure of $100 million often comes up. This number represents what people believe he has in terms of money, property, and other valuable things after considering any debts. It's a pretty significant sum, you know, indicating a very successful career in business. This kind of estimation gives us a general idea of his financial standing, reflecting the scale of his business activities.
The source information also provides some more specific figures regarding income, apparently from a 2021 report, which might give a glimpse into how his wealth accumulates. It suggests an annual income of $400,000. Broken down, that would be around $32,000 each month, or about $8,000 every week. These figures, while seemingly substantial on their own, are different from the overall estimated worth, which includes all his assets, not just yearly earnings. It's a bit like looking at a person's yearly salary versus their total savings and investments, you know, two distinct but related things.
It's important to remember that these kinds of figures are often estimates. They come from various sources and are meant to provide a general idea rather than a precise, confirmed amount. Still, the fact that such numbers are associated with his name speaks volumes about the scale of his business endeavors and the success he has achieved in real estate and other ventures. So, while we can't say it's an exact count, it certainly suggests a very prosperous journey, in a way, for Richard Nicotra's financial holdings.
Building an Empire - Nicotra Enterprises
Richard Nicotra is, for all intents and purposes, the person who began and now runs Nicotra Enterprises. This company is primarily focused on real estate development, which means they are involved in building new structures and making improvements to existing ones. Their work has a direct influence on the physical appearance and function of communities, especially in Staten Island. It's a big job, you know, shaping parts of the urban environment.
As we've touched upon, in terms of pure space, Nicotra Enterprises is, quite simply, the largest private real estate developer in Staten Island. They have, apparently, more than one million square feet of important commercial property under their control. This includes buildings and land that are used for businesses, offices, and other commercial activities. That amount of space is really quite large, meaning they play a very big part in the area's economic landscape. It's a pretty clear sign of their prominence, in some respects.
Beyond the world of real estate, Richard has also put his energy into other kinds of businesses. For example, he has been involved with places where people go to eat, like restaurants, and establishments that offer nightlife and entertainment. This shows a desire to branch out and participate in various sectors of the economy. It's almost like he enjoys the challenge of different business models, you know, not just sticking to one type of work. This diversification is, arguably, a smart approach for someone building a business legacy.
How Does Philanthropy Connect with Richard Nicotra Net Worth?
A significant part of Richard Nicotra's story involves his charitable activities, particularly through The Lois & Richard Nicotra Foundation. This foundation is a private organization located in Staten Island, New York. It's pretty clear that giving back to the community is a big part of what he and Lois do. The foundation's work shows a strong commitment to supporting various groups and causes, which is, in a way, a different kind of wealth creation, a social one.
The foundation has a record of providing financial support to many different initiatives. For instance, it helps fund specific programs, supports community events, contributes to research efforts, and assists with various other projects. They also give money for parades and provide scholarships, including for students attending Wagner College and St. Paul. This broad range of support means they touch many different aspects of community life. It's quite comprehensive, you know, in its reach.
Recently, during their fall awards ceremony, The Lois & Richard Nicotra Foundation gave awards to 92 nonprofit groups on Staten Island. They also provided scholarships to 11 students. These actions brought the total amount of money awarded over the years to more than $1,000,000. That's a truly remarkable sum, showing a consistent and substantial dedication to helping others. It's a clear indication of their desire to make a positive difference, you know, in people's lives.
The source text also mentions that since 2013, the IRS has made available information from millions of nonprofit tax filings. This kind of database lets people find organizations and see details like how much their leaders are paid, their income, and their spending. You can even get tax filings going back to 2001. While this is general information about nonprofits, it provides context for how foundations like the Nicotra's operate with public transparency. It's a way, you know, for people to see where the money goes.
Another Richard Nicotra - The Legal Professional
As mentioned earlier, there is another individual named Richard Nicotra who has made a significant impact, but in the legal field. This Richard A. Nicotra, who is 84 years old and was born in 1940, is a lawyer. He completed his legal education at the University of Toledo College of Law, graduating in 1995. So, despite his age, his law school graduation date suggests a later start or a return to the legal profession. He calls Staten Island, New York, his home, just like the businessman. It's a bit of a coincidence, you know, that two notable people with the same name live in the same area.
This attorney, Richard A. Nicotra, focuses his legal work on personal injury cases. This includes situations like car accidents, incidents involving dog bites, and cases where people slip and fall. He is permitted to practice law in all New York state courts, and also in the Western New York bankruptcy court and federal court. This broad permission means he can represent clients in a wide range of legal settings. He's quite well-versed, in a way, in the legal system.
He is the person who founded The Nicotra Law Firm. The source text shares a story about someone named Michael who was feeling desperate and called the firm. Richard Nicotra, described as a caring attorney, stepped in to help. He apparently understood Michael’s situation and listened carefully. He then said, "we're here for you, we'll fix this." With Richard’s assistance, things started to get better for Michael. This really highlights, you know, the human side of legal work.
Can a Law Firm Really Make a Difference?
At The Nicotra Law Firm, P.C., the stated goal is to stand up for their clients' rights and to seek fairness for individuals who have been hurt. The firm describes its team as experienced and dedicated, ready to face difficulties head-on. This approach suggests a commitment to helping people navigate what can be very difficult personal situations. It's almost like they see themselves as advocates, you know, for those in need of legal help.
The story of Michael, as shared in the source text, certainly suggests that this firm, and Richard Nicotra himself, can indeed make a real difference in people's lives. When someone is in pain or feeling lost due to an incident, having a legal professional who listens and offers reassurance can be incredibly valuable. It's not just about the legal process, but also about the human connection and support. That kind of care is, arguably, what truly sets a good law firm apart.
The firm's focus on personal injury cases means they are often dealing with individuals who are facing significant challenges, whether physical, emotional, or financial, because of an accident or incident. Their stated mission to fight for rights and seek justice indicates a proactive and supportive role. So, for those who might be wondering, it seems pretty clear that a law firm like this one truly aims to have a positive impact on the lives of their clients. It's a pretty strong statement of purpose, you know, for a legal practice.
What Do We Know About the Nicotra Family and Associates?
The information we have suggests that Richard Nicotra, the businessman, has a number of family members and people he works closely with. These individuals include George Tawfellos, Carol Demeo, Christopher Wren, Steven Bellisari, and Amanda Moschella. These names are given as people who are part of his network, whether through family ties or professional connections. It's fairly common, you know, for successful individuals to have a strong support system of both family and colleagues.
Interestingly, the source text also mentions other family members and associates, including Roseanne Pummill and another Richard Nicotra. This further highlights the presence of more than one person named Richard Nicotra in the broader network. It's a bit like a large family tree, where different branches connect, and some names might even repeat. These connections, you know, can play a part in a person's life and business ventures.
The Lois & Richard Nicotra Foundation, as we discussed, also points to a strong family connection, specifically with Lois. This foundation is a clear example of how family members can work together to contribute to the community. It's a joint effort, in a way, to give back. The presence of these various individuals around Richard Nicotra suggests a web of relationships that support his work and personal life. It’s pretty clear that he operates within a well-established circle of people.
So, to recap, we've looked at Richard Nicotra, the businessman, and his estimated financial worth, which is said to be around $100 million. We also explored his company, Nicotra Enterprises, which is a major real estate developer in Staten Island, and his involvement in other types of businesses like restaurants. We covered the significant charitable work done through The Lois & Richard Nicotra Foundation, which has given over a million dollars to various community groups and scholarship recipients. Additionally, we clarified that there's another notable individual named Richard Nicotra, who is an 84-year-old attorney focusing on personal injury law, and we touched on his law firm's approach to helping clients. Finally, we noted some of the family members and associates connected to the businessman.
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