Michael Krausz's brother, Peter Krausz, was born in Lausanne, Switzerland, and arrived in New York with his parents and younger brother Michael in 1947. The family relocated to Cleveland with his family two years later. Peter Krausz attended Columbia University and the Jewish Theological Seminary, taking out a year of study and work in Israel. He became assistant national director of Young Judea, a Zionist youth organization. Following the Six-Day War of 1967, he was sent to Israel to coordinate young volunteers from the organization streaming into the country then settling in Ra'anana, Israel, with his wife Judy and his young family in 1970. He founded one of the country's first public relations companies, representing such clients as the Ministry of Commerce, Ministry of Tourism, American Professors for Peace in the Middle East, Wall Street Journal, Israel Airforce Magazine, and international trade magazines and corporations in the fields of defense, industry and agriculture. Peter Krausz organized the international campaign to free Prisoner of Zion Ida Nudel from imprisonment and exile in the Soviet Union, which ultimately led to her release and arrival in Israel in 1987. He was survived by his wife, Judy Grubart Krausz and four children and now their families: Gilah Krausz-Nevo, Ezra Simon Krausz, Raquel Krausz Goldstein, and Tamar Krausz-Bouille.