Itchko Ezratti is a real estate tycoon with a net worth of around $2.5 billion. He built GL Homes into one of the largest homebuilders in the US. In 2016, he stepped down as president but stayed on as chairman. His son Misha now leads the company as president, continuing the family legacy.
Net Worth – $2.5 billion
GL Homes: From Humble Beginnings to Florida’s Leading Homebuilder
- Co-founding GL Homes: Itzhak Ezratti co-founded GL Homes in 1976 with his father-in-law, Joseph Hanin.
- Meaning of GL Homes: The name “GL Homes” stands for “Good Luck.”
- Growth and Impact: GL Homes has completed over 36,000 homes, becoming one of Florida’s largest private homebuilders.
- Early Career: Originally from Israel, Ezratti started his career as a bank teller in Washington, D.C., before relocating to Florida.
- Major Breakthrough: In 1992, after Hurricane Andrew devastated south Florida, GL Homes capitalized on the increased housing demand, selling about 1,000 homes within two years, solidifying its leadership in the industry.
| Personal Details | Information |
|---|---|
| Age | 72 |
| Source of Wealth | Homebuilding, Self-Made |
| Residence | Indian Creek, Florida |
| Citizenship | United States |
| Children | 3 |
| Wife | Maya Ezratti |
| Business | Co-founder, GL Homes |
| Current Position | Chairman, GL Homes |
