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Itzhak Ezratti is a famous thinker in Florida’s real estate business and is seen as a pioneer in the field. He helped start what would become one of the most important real estate groups in Florida in 1976. As a result of his guidance, GL Homes has built more than 70,000 homes across the state, making it even stronger as a market leader. This piece goes into detail about Itzhak Ezratti net worth, showing how his wealth has grown from hundreds of millions of dollars to more than a billion dollars as he became famous in the real estate business.
Learn about his professional accomplishments, important turning points, and the roots of GL Homes, and think about the factors that have led to his huge financial success.
The Rise of GL Homes and Itzhak Ezratti Net Worth
Itzhak Ezratti net worth is closely linked to the Florida real estate business. His name is linked to visionary leadership and residential growth. As Chairman of GL Homes since its founding in 1976, he has been a key figure in shaping the state’s housing market for more than 40 years. Under his direction, GL Homes grew from a small business to GLH, a public company on the New York Stock Exchange that is now worth over $4 billion.
Ezratti’s market strategy and real estate management skills have helped the company become a huge success, building more than 70,000 houses in some of Florida’s most desirable areas, like Palm Beach County, Broward County, and Collier County.
Itzhak Ezratti is one of the most powerful people in Florida’s real estate market because of his strategic vision, which has not only made GL Homes the leader in its field but also added a lot to his own net worth.
| Category | Details |
| Full Name | Itzhak Ezratti |
| Founder of | GL Homes |
| Year Founded | 1976 |
| Co-Founder | Melvin Gross |
| Company Status | Publicly Traded (NYSE: GLH) |
| GL Homes Market Value (2025) | Over $4 billion |
| Total Homes Built | Over 70,000 |
| Main Operating Areas | Palm Beach County, Broward County, Collier County, and other Florida regions |
| 2023 Company Revenue | $1.53 billion |
| 2023 Company Net Income | $201.5 million |
| 2024 | $1.9B(Forbes) |
| March 2025 | $1.9B (Forbes) |
Early Years and the Start of a Career
Public records show that Itzhak Ezratti’s first job as a real estate leader was to help Melvin Gross start GL Homes in 1976. He learned a lot about the real estate business when he was young, which set him up for future success as the head of GL Homes. At first, the business only built single-family homes in Broward County, but it quickly became known for building high-quality communities.
During this time of growth, Ezratti improved his skills in buying land, developing the housing market, and doing technical market analysis. These are all important skills that have helped GL Homes grow and increase Itzhak Ezratti’s wealth over the years.
Family Tree and Legacy
There is no doubt that Itzhak Ezratti is still very dedicated to his family and his work. Many people know about his professional accomplishments, but not as many people know about his close family or the future plans for GL Homes. This is because he had an effect on both areas. Misha Ezratti’s appointment as President of GL Homes in 2014, which marked an important leadership change, was a major turning point in this history. This succession strengthens GL Homes’ long-term strategy by making sure that the founding principles set by Itzhak Ezratti will continue to shape the future of the company.
GL Homes has been an important part of Florida’s economy for almost 50 years, directly and indirectly supporting thousands of jobs. It has also helped build Itzhak Ezratti’s wealth and enduring influence in the real estate business.
When GL Homes began and how it grew
In 1976, GL Homes was started by building single-family homes in Broward County, Florida. People quickly became familiar with and respected the company for its exceptional craftsmanship and high-quality domestic properties.
Growth into new markets
• In the 1980s, GL Homes grew into Palm Beach County because they saw its growth potential. Because of this smart move, Palm Beach County became its main site.
• In the 1990s, the business expanded its reach to the Gulf Coast of Florida, which includes Collier County. The growth helped the company reach new types of homeowners and improve its position as the market leader.
Building up large-scale communities
As an example, GL Homes has built hundreds of residential communities, ranging from small areas with less than 30 homes to large master-planned communities with thousands of homes.
The Bridges, Valencia Lakes, Valencia Bay, and Valencia are some of GL Homes’ most well-known neighborhoods. These developments have modern living areas and high-end amenities.
Successes and Market Growth
• In 2024, GL Houses built more than 70,000 houses in Florida.
• In 2013, the business went public on the New York Stock Exchange (NYSE) with the code GLH.
• In 2025, GL Homes was worth more than $4 billion, which shows how dominant it was in its field.
What GL Homes Did to Florida’s Real Estate Market
The building work that GL Homes did start in 1976 helped the real estate market in Florida grow. More than 70,000 homes have been built by the company over the years, and they continue to help Florida’s
Every master-planned community by GL Homes is filled with high-end features, such as:
• Many clubhouses
• Many swimming pools
• Multiple fitness centers
• Tennis and pickleball courts
• Some communities even have golf courses
Over 10,000 homeowners have joined together in the Valencia communities in Palm Beach County, which share hundreds of open areas for recreation. GL Homes is a big part of the economies of the places where it works, and it does more than just build homes.
Contributions to the economy and finances
Revenue for 2023: $1.5 billion
- Brought in a lot of tax money for state and local governments
- Made thousands of jobs possible in sales, building, and other fields
- Uses strategic land planning and nature protection
- Sets aside hundreds of acres as protected natural habitats in large-scale developments • Provides lots of green spaces for people to use
- $2 million to Florida charities that help with education, health care, and community growth
- Itzhak Ezratti net worth still runs the best home development company in Florida, which solidifies his place as a major figure in the state’s real estate history.
The rise in Itzhak Ezratti net worth is due in large part to GL Homes’ growth, real estate knowledge, and constant dedication to quality and making a difference in the community.
Simple Estimates and an Overview of Itzhak Ezratti Net Worth
To find out how much Itzhak Ezratti net worth, you have to look closely at the businesses and buildings he owns. He is best known for starting and running the successful real estate company GL Homes. Experts think Ezratti has made a lot of money because GL Homes has done so well in the market. The business was worth more than $4 billion at the beginning of 2025.
Since Ezratti helped start the business and ran it for many years, he probably made a lot of money from his shares (ownership in the business) and his salary as a top executive. Experts say that Itzhak Ezratti net worth is between $500 million and $1.5 billion, even though he owns less of the company now that it’s public. This guess comes from a few important things:
- Big Shares in GL Homes: Ezratti helped start the business and ran it for a long time. He most likely owned a big piece of it, and it got more valuable after the company went public in 2013.
- Dividends (Profit Sharing): Ezratti possibly made a lot of money over the years from dividends, which are payments made to shareholders. GL Homes gave each share $1.20 in 2024.
- CEO Pay: Ezratti would have made a lot of money as Chairman because he would have gotten high pay, bonuses, and stock options.
- Other Investments: Rich people like Ezratti also put their money into other things, like the stock market, private businesses, or different business projects.
| Year | Milestone |
| 1976 | GL Homes founded by Itzhak Ezratti & Melvin Gross |
| 1980s | Expansion into Palm Beach County |
| 1990s | Entered Florida’s Gulf Coast markets (Collier County) |
| 2013 | Initial Public Offering (NYSE: GLH) |
| 2023 | Revenue surpassed $1.5 billion |
| 2025 | Market capitalization exceeded $4 billion |
Why Itzhak Ezratti Became Rich: GL Homes’ Success
Itzhak Ezratti made most of his money from GL Homes. The company grew fast and made him wealthy. Here’s why:
- Smart Land Buys: GL Homes bought land in busy parts of Florida. In 2024, they owned or controlled 10,000 acres.
- Big Communities: They built large, planned neighbourhoods. Valencia Lakes has 3,000 homes. The Bridges has 1,600 homes.
- High-Quality Homes: Their homes are well-built and look great. In 2023, the average price was $600,000.
- Good Market Sense: GL Homes knows what buyers want. Their Valencia line sold 20,000 homes to active adults.
- Strong Money Skills: The company manages money well. In 2023, it earned more than $200 million in profit.
- Ezratti’s Leadership: He guided the company for many years. His ideas helped it grow.
- Perfect Timing: Florida’s population grew by 2.7 million between 2010 and 2020. More people meant more homes were needed.
GL Homes: A Closer Look at the Company’s Success
GL Homes plays a big role in Itzhak Ezratti’s wealth. His success is linked to the company’s strong financial performance.
In 2023, GL Homes made $1.53 billion in revenue. In 2022, the company made $1.25 billion. Itzhak Ezratti net worth income in 2023 was $201.5 million. This shows the company is highly profitable.
By the end of 2023, GL Homes had 2,872 homes in backlog. These were worth about $1.9 billion. This means future earnings are strong.
The company builds homes across Florida. In Palm Beach County, GL Homes built over 30,000 homes. They also started in Broward County and expanded to Collier County. In Collier, they built homes in places like Riverstone and Marbella Isles.
GL Homes focuses on smart design. Their homes have modern floor plans and updated features. They keep changing designs to meet what buyers want.
The company also invests a lot in land. In 2024, it controlled about 10,000 acres of land. This gives them space for future projects.
Leadership Transition and Family Involvement
In 2014, Itzhak Ezratti gave the role of President of GL Homes to his son, Misha Ezratti.
From 2014 to 2021, Itzhak Ezratti stayed on as Chairman. This period marked a big shift in the company’s leadership. Misha Ezratti worked at GL Homes for over 20 years. He held many top roles, including Senior Vice President, before becoming President. Misha has deep knowledge of the real estate market. His experience helped him take over successfully from his father.
The Ezratti family still plays a big role in the company. Even though exact stock details are private, the family likely owns a large share of GL Homes. This ownership adds to their overall wealth.
Today, the market views Misha’s leadership in a positive light. He led the company to record-high revenue and profits in 2023.
Personal Investments
Itzhak Ezratti keeps his personal life private. Still, his career has given him a very comfortable lifestyle.
People with his level of wealth usually invest in more than just one business. Ezratti likely follows this approach.
His investments may include:
- Expensive real estate in Florida and other top city areas
- Stocks and bonds in the real estate sector
- Private equity and other business deals
These smart moves help him grow and protect his wealth. They also support his financial future.
His lifestyle shows signs of wealth. It includes luxury homes, travel, and a focus on giving to charity.
Philanthropy & Community Contributions
- Under Itzhak Ezratti’s leadership, GL Homes has always supported local charities.
- In 2023, the company gave over $1 million to groups helping with education and healthcare.
- Besides company donations, Ezratti is also believed to give privately.
- However, details about his personal giving are not made public.
Itzhak Ezratti net worth success is not just about real estate.
He is also known for smart investments, luxury living, and giving back to the community.
This makes his impact even stronger across Florida’s real estate world.
| Company | Market Cap (2025) | Annual Revenue (2023) | Homes Built (2023) | Average Home Price (2023) |
| GL Homes | $4 billion | $1.53 billion | 2,628 | $600,000 |
| Lennar Corporation | $40 billion | Over $30 billion | 70,000+ | ~$450,000 |
| D.R. Horton | $35 billion | Over $35 billion | 80,000+ | ~$400,000 |
Conclusion
Itzhak Ezratti started GL Homes in 1976. He turned it into a successful public company worth over $4 billion. The company has built more than 70,000 homes. His focus on quality, smart planning, and strong leadership helped the company grow fast. This growth also increased his personal wealth, now estimated between $500 million and $1.5 billion. In 2023, GL Homes made over $1.5 billion in revenue and still has many active projects.
Ezratti passed leadership to his son, Misha Ezratti, keeping the business in the family. This move ensures their vision continues. Itzhak Ezratti’s work changed many parts of Florida. His company-built homes and communities for thousands of people. Itzhak Ezratti net worth real estate success and community efforts have created a lasting legacy for future generations.
