Itzhak Ezratti Net Worth
Itzhak Ezratti’s net worth reaches an estimated $900 million in 2025, though some sources indicate it could be much higher at $1.9 billion. The founder and chairman of GL Homes built his fortune through decades of strategic real estate development in Florida. His leadership has resulted in sales of over 100,000 residences throughout the state, making him one of Florida’s housing market’s most influential figures.
GL Homes, a company whose name stands for “Good Luck”, forms the foundation of Ezratti’s success. The company has completed over 36,000 homes and now generates $1.9 billion in annual revenue while managing more than $3.75 billion in total assets. Ezratti stepped down as president in 2016 but continues to serve as chairman.

He works with several family members, including his son, to run the business. His wife’s information remains private, yet his family’s legacy lives on through the company’s operations and charitable work.
Ezratti’s vision extends beyond just building houses to creating communities. GL Homes revealed four new premier communities in March 2025: Valencia Harbor, Valencia Ridge, Valencia Del Mar, and Valencia Sky. These developments complement other high-end communities like Valencia Grand, Apex at Avenir, and Lotus Edge. Home prices range from the mid-$300,000s to over $3 million. His story shows how a bold vision can create thriving communities that offer elegance and lasting value.
Itzhak Ezratti Net Worth in 2025: The Numbers Explained
Financial experts still debate the exact figures of Itzhak Ezratti’s net worth in 2025. The estimates range widely. Getting into these numbers means exploring multiple sources and valuation methods that measure his decades of success in Florida’s competitive real estate market.
Estimated net worth range: $700M to $1.9B
Experts present different assessments of Itzhak Ezratti’s net worth, with estimates between $700 million and $1.9 billion as of 2025. This wide range shows how challenging it is to value private companies and personal assets. Notwithstanding that, several respected publications, especially Forbes, value his fortune at $1.9 billion consistently.
One source puts a more modest estimate at around $900 million, but this represents just one data point in the spectrum of valuations. Other financial experts see his wealth anywhere from $500 million to $1.9 billion. These differences highlight how complex it is to determine Ezratti’s true net worth, given his private business holdings.
The big variance in these figures comes from different methods used to value GL Homes—Ezratti’s main wealth generator. Some valuations look only at liquid assets and annual revenue. Others include the large land bank and future development potential that GL Homes has throughout Florida.
Reports show Itchko Ezratti’s net worth hit the $1.9 billion mark after decades of smart real estate investments. His company’s premium pricing strategies for luxury developments have made him one of Florida’s top developers, even though he stays focused on regional rather than nationwide projects.
Source | Estimated Net Worth (2025) | Reliability Rating |
Forbes | $1.9 billion | High |
Larissa Runkle | $700 million – $1.9 billion | High |
Reality Tea | $900 million | Very Low |
Odd Culture | $500 million – $1.9 billion | Low |
Sources of data: Forbes, Bloomberg, industry analysis
Forbes leads as the most cited source for Itzhak Ezratti’s net worth figures. They’ve included him in their detailed billionaires list. Their data collection involves careful analysis of public documents, insider interviews, and special valuation models for private businesses.
Forbes’ estimate gains credibility from its place in their official World’s Billionaires List, where Ezratti appears with other wealth creators. Forbes Israel notes, “All data comes from Forbes’ updated billionaires list as of December 25, 2024”, which adds weight to the $1.9 billion valuation.
Market experts look at GL Homes’ strong position to assess Ezratti’s wealth. The company holds extraordinary pricing power in Florida’s luxury segment, despite staying regional. On top of that, analysts factor in the company’s extensive land holdings—a key asset in real estate development with significant unrealized value.
Ezratti’s personal holdings add to his overall net worth. The self-made billionaire lives in exclusive Indian Creek, Florida at age 72, where property values alone show substantial wealth. Details about Itzhak Ezratti’s wife and exact family holdings stay private, which makes a full valuation tricky.
Financial commentators have started to look at Ezratti’s legacy and charitable giving as part of his “net worth” beyond just money. This adds another layer to understanding the true value of his life’s work.
How Itzhak Ezratti Built His Wealth Through GL Homes
The story of Itzhak Ezratti’s wealth creation started with a single duplex in Hollywood, Florida. He and his father-in-law Joseph Hanin started GL Homes—named for “Good Luck”—in 1976. Their venture grew into one of Florida’s most successful real estate development companies.
Founding GL Homes in 1976
Ezratti’s path to fortune had humble beginnings. He moved from Israel to the United States in 1974 and worked as a bank teller in Washington, D.C., before moving to Florida. This immigrant entrepreneur had a clear vision to build quality homes that balanced luxury with livability. He first built a reputation for quality construction, which became the foundation of his future success.
Strategic land acquisition and development
Ezratti’s smart approach to buying land played a key role in building his wealth. GL Homes bought land across Florida at lower prices during the housing market downturn and waited for market conditions to improve. This smart planning set the company up perfectly for future development.
GL Homes has always used careful planning for each community. Their master plans create the right balance of open spaces, lakes, and recreation areas to boost community value and appeal. The company’s attention to detail in floor plans and use of quality materials helped their homes keep their value over time.
Focus on 55+ luxury communities
A game-changing moment came when the company spotted an untapped market: luxury homes for active adults. GL Homes launched its first Valencia-branded community in 1996. They built larger single-family homes with premium amenities instead of the typical smaller condos in the senior market. This smart move led to over 12,000 homes across 14 Valencia communities, which significantly increased Itchak Ezratti’s net worth.
Valencia communities stand out with their lifestyle programs and resort amenities. Residents enjoy multiple pools, restaurants, theaters, sports facilities with pickleball courts, and fitness classes. This innovative approach set new standards in Florida retirement living and attracted thousands of wealthy buyers.
Revenue growth and market dominance
Hurricane Andrew in 1992 sparked explosive growth for GL Homes when thousands of South Miami-Dade residents looked north to relocate. The company already owned options on 3,000 lots in Pembroke Pines and sold 250 homes in 1992 and 750 in 1993. This success fueled further expansion and strengthened Itzhak Ezratti’s wealth.
GL Homes Growth Milestones | Achievement |
1976 | Founded with first duplex project |
1992-1993 | Sold 1,000 homes post-Hurricane Andrew |
1996 | Launched first Valencia community |
Present Day | Completed over 36,000 homes |
Current Status | 9th largest private homebuilder in U.S. |
The company continues its impressive growth with his son Misha Ezratti serving as President since 2016. While Itzhak Ezratti’s wife stays out of the public eye, his son and Misha Ezratti’s wife actively participate in both business operations and charitable work, which ensures the family legacy lives on.
Inside GL Homes: The Engine Behind Itzhak Ezratti Net Worth
GL Homes’ sophisticated business model and operations stand behind every dollar of Itzhak Ezratti’s net worth. The company has become skilled at building residential communities that fetch premium prices in Florida’s competitive market.
Master-planned community model
GL Homes shines at creating thoughtfully designed communities with unique identities. Each project strikes a perfect balance of open spaces, lakes, and recreation areas that maximize beauty and function. Raw land transforms into vibrant neighborhoods through careful planning. The company puts floor plans through detailed reviews and uses premium materials throughout construction.
Valencia Del Mar showcases this approach with base home prices ranging from $1.2-$1.7 million. High-net-worth buyers’ attention is drawn to the company’s quality reputation. They seek more than just houses – they want lifestyle-centered developments with resort-style amenities. This community-focused strategy is the life-blood of Itzhak Ezratti’s wealth growth.
Land bank and asset value
GL Homes’ most valuable strategy lies in smart land banking. The company buys and holds parcels for future development, sometimes waiting years before starting new projects. This strategy works especially well in Palm Beach County’s Agricultural Reserve, where GL Homes leads residential development.
Land Values in Agricultural Reserve | Price Per Acre |
Current Purchase Price (2025) | $280,000-$440,000 |
Price Five Years Ago | $70,000 |
These holdings add substantial unrealized value to Itzhak Ezratti’s net worth as vacant land becomes scarce. The company moves parcels “like pawns in a chess game” and acquires development rights for future expansion.
Annual revenue and home sales
GL Homes brings in about $750 million in yearly revenue. Florida’s largest private builder has built over 36,000 homes since it started. The company ranks as the 9th largest private homebuilder nationwide – impressive for a Florida-focused operation.
These financial results are the foundations of Itzhak Ezratti’s net worth estimates. Premium pricing at developments like Valencia Del Mar creates exceptional profit margins compared to industry standards.
Leadership transition to Misha Ezratti
Itzhak Ezratti stepped down as president in 2016 but stayed on as chairman, handing leadership to his son Misha. This change meant more than just a new title – it carried forward family values in the business.
GL Homes has managed to keep its momentum under Misha’s guidance. The company builds thousands of homes across Florida while planning many more. His leadership emphasizes teamwork, integrity, honesty, and hard work. Misha’s wife Jessica, like Itzhak’s wife, brings fresh ideas to the family business. Her ballet background adds creative insights that blend well with Misha’s financial expertise.
This smooth transition between generations keeps the Ezratti legacy strong. The business principles and family values that built Itzhak Ezratti’s wealth continue to thrive.

Beyond Business: Philanthropy and Family Legacy
The Ezratti family’s legacy reaches way beyond the reach and influence of real estate development and financial success. GL Homes places philanthropy as a core value that defines its company culture and community relationships.
Charitable initiatives in Florida
GL Homes channels its philanthropic work into three crucial areas: breaking the cycle of homelessness, curbing hunger, and supporting children and education. The company created innovative programs like “Good Night’s Sleep” to provide essential home furnishings for people moving out of homelessness. GL Homes also fully sponsors The Lord’s Place Meal Mobile program that serves over 1,000 meals monthly to those in need. These remarkable efforts earned GL Homes the prestigious Florida Impact Award from Leadership Florida® in 2021.
GL Homes Philanthropy Focus | Key Programs |
Homelessness | Good Night’s Sleep |
Hunger Relief | Meal Mobile, Food Bank Partnerships |
Children & Education | Passion For Playgrounds, Boys & Girls Clubs |
The role of Misha Ezratti and his leadership
Misha Ezratti’s guidance has helped GL Homes manage to keep its philanthropic commitments while broadening its community effect. His leadership style embodies teamwork, integrity, honesty, and hard work. The South Florida Business Journal will honor Misha as an Ultimate CEO in November 2024. He actively joins volunteer efforts with his team, particularly at Feeding South Florida.
Itzhak Ezratti wife and family involvement
Anna Ezratti’s low public profile belies her most important role in shaping the family’s charitable initiatives. She dedicates her efforts to Jewish education, women’s health, cultural preservation, and youth leadership. Her approach values results over recognition, showing quiet yet effective leadership.
Community impact beyond real estate
The Ezratti family’s financial success has created tangible benefits for the community. GL Homes contributes land for public use, builds essential roadways, and supports local housing initiatives. Of course, the company’s involvement reaches nearly 2,000 Florida-based charities, redefining success through social impact rather than just financial metrics.
How Experts Estimate Itzhak Ezratti Net Worth
The calculation of Itzhak Ezratti’s true net worth needs sophisticated financial methods beyond basic math. Financial experts use multiple approaches that place his estimated worth between $900 million and $1.9 billion.
Revenue multiples and EBITDA
Valuation experts look at GL Homes’ impressive financial performance through revenue metrics. The company generated $1.53 billion in 2023 and projects $1.9 billion by 2025. Industry multipliers applied to these numbers result in substantial valuations. The company’s operating margins of 10-15% create annual income between $150-$285 million. Ezratti benefits directly through his controlling stake. GL Homes’ growth continues to outpace many competitors, adding to his wealth steadily.
Asset-based valuation
GL Homes’ extensive tangible holdings form the core of this approach. The company owns large land banks throughout Florida plus active developments, equipment, and infrastructure. South Florida’s Agricultural Reserve property values have jumped from $70,000 per acre to $280,000-$440,000 today. This dramatic increase has boosted itchko ezratti’s net worth proportionally. Real estate development’s asset-heavy nature makes this method particularly useful.
Comparable private builder transactions
The analysis of similar private homebuilder sales helps establish reasonable value ranges. Luxury home developers typically command multiples between 2.1x-2.7x recurring revenue. GL Homes stands out in the luxury segment with 2,062 home closings in 2023. This market position creates exceptional value that directly impacts Itzhak Ezratti’s net worth calculations.
Discounted cash flow (DCF) analysis
DCF analysis offers the most complete picture by projecting GL Homes’ future cash flows and converting them to present value. This method works well for real estate developers who have variable cash flows and long-term land holdings. The valuation reflects the contributions of both itzhak ezratti’s wife and misha ezratti’s wife to company leadership. Their family’s generational planning has created a sustainable growth model.
A Journey From Zero
Itzhak Ezratti’s trip from immigrant entrepreneur to real estate mogul is proof of his business vision and steadfast dedication to quality. Financial experts debate his net worth—estimates range from $900 million to $1.9 billion—yet his influence reaches way beyond the reach and influence of these numbers. GL Homes serves as the life-blood of his wealth creation story and has revolutionized Florida’s residential landscape with each carefully planned community.
GL Homes soared to extraordinary growth because Ezratti bought land when markets were down. The company carved out a unique market position through its Valencia brand of luxury 55+ communities that still brings in substantial revenue. These wins show his deep understanding of what homeowners need and want.
Misha Ezratti’s leadership will keep this legacy growing for generations. Family values run through the business operations and charitable work, which helps tackle homelessness, hunger, and education across Florida. Itzhak Ezratti’s net worth means more than just money in the bank—it shows decades of building communities and making positive changes in society.
His real contributions shine when you look past the usual money metrics. His company built homes for tens of thousands of families and created lasting communities with smart designs and top-notch amenities. So Itzhak Ezratti’s net worth includes both his actual assets and the priceless value of changed lives and flourishing neighborhoods throughout Florida.
GL Homes’ story reminds us that huge success often comes from basic principles: quality building, smart planning, and genuine care for what communities need. While experts might calculate his worth differently, one thing stays clear—Itzhak Ezratti’s vision has changed Florida’s housing landscape forever and built a legacy that exceeds mere financial success.
Here are some FAQs about Itzhak Ezratti net worth
What is Itzhak Ezratti’s estimated net worth in 2025?
Itzhak Ezratti Net Worth in 2025 is estimated to range between $700 million and $1.9 billion. Forbes consistently values his fortune at the higher end, around $1.9 billion, reflecting his long-standing influence in the real estate industry.
How did Itzhak Ezratti build his wealth?
Itzhak Ezratti Net Worth comes primarily from his role as the co-founder of GL Homes, established in 1976. Through strategic land acquisitions, large-scale community developments, and a focus on the lucrative 55+ housing market, he steadily expanded his fortune, which plays a major role in the continued growth of Itzhak Ezratti Net Worth.
What is GL Homes known for in the real estate industry?
GL Homes is recognized for designing luxury master-planned communities, particularly the Valencia-branded communities that cater to active adults with premium amenities. These projects have elevated the company’s reputation and significantly contributed to Itzhak Ezratti Net Worth over the decades.
How does GL Homes contribute to philanthropy?
GL Homes supports causes such as homelessness prevention, hunger relief, and children’s education. Programs like “Good Night’s Sleep” and meal sponsorships highlight their impact. While charitable, these initiatives also reflect the leadership vision behind the success of GL Homes and, indirectly, the sustained growth of Itzhak Ezratti Net Worth.
Who is currently leading GL Homes?
While Itzhak Ezratti remains chairman, his son Misha Ezratti has served as president since 2016, continuing the family’s legacy. This generational leadership ensures that GL Homes remains strong and that Itzhak Ezratti Net Worth continues to grow alongside the company’s reputation.