Shocking Itzhak Ezratti Net Worth 2025: The Visionary Behind GL Homes and His $1.9 Billion Legacy

Itzhak Ezratti Net Worth in 2025 stands at $1.9 billion, thanks to his success as an entrepreneur and founder of GL Homes, one of Florida’s leading homebuilders.
With a career spanning nearly five decades, Ezratti has built over 70,000 homes and transformed countless neighborhoods by focusing on luxury, lifestyle, and community-first living.
But how did Ezratti build such an empire from the ground up?
Let’s examine his net worth, the business empire he created, and how his legacy continues to shape the future of Florida real estate.
Key Takeaways
- Itzhak Ezratti is the founder of GL Homes, a top residential developer in Florida.
- His net worth in 2025 is estimated at $1.9 billion.
- Ezratti built his wealth through decades of success in real estate development, focusing on community-driven luxury living.
- His son, Misha Ezratti, now leads the company, continuing his father’s vision.
Itzhak Ezratti Net Worth in 2025 & Sources of Income
Category | Details |
---|---|
Full Name | Itzhak Ezratti |
Net Worth in 2025 | $1.9 Billion |
Source of Income | Real Estate Development (GL Homes) |
Profession | Real Estate Developer, Entrepreneur |
Achievements | Founder of GL Homes; Built over 70,000 homes in Florida |
Date of Birth | Not Publicly Disclosed |
Nationality | American |
Net Worth: $1.9 Billion
As of 2025, Itzhak Ezratti’s net worth is estimated at $1.9 billion.
This valuation is primarily attributed to his ownership and leadership of GL Homes, a company renowned for its master-planned communities and luxury residences throughout Florida.
Primary Sources of Income
- GL Homes Revenue: GL Homes generates over $1.9 billion in annual revenue, stemming from the sale of high-end residential properties.
- Itzhak Ezratti is the co-founder and chairman of GL Homes, one of Florida’s largest private homebuilders.
The company has completed over 36,000 homes since its founding in 1976. Ezratti’s wealth is largely tied to GL Homes’ extensive real estate holdings, including luxury residential communities such as APEX at Avenir in Palm Beach Gardens and Valencia Walk at Riverland in Port St. Lucie.
His company gained significant momentum after Hurricane Andrew in 1992, selling approximately 1,000 homes in the aftermath.
- Ezratti stepped down as president of GL Homes in 2016 but continues to serve as chairman, while his son, Misha Ezratti, now leads the company. His fortune, estimated at $1.9 billion, is built on decades of success in the home construction sector.
Itzhak Ezratti Early & Personal Life
Itzhak Ezratti’s story begins in Israel, where he was born into a family with a rich cultural heritage.
In 1974, seeking better opportunities, he immigrated to the United States. Initially settling in Washington, D.C., Ezratti worked as a bank teller.
However, disenchanted with the cold climate and drawn by the prospects in Florida, he relocated to the Sunshine State.
There, he ventured into the restaurant business, gaining valuable experience in customer service and operations.
Ezratti’s personal life is marked by a strong emphasis on family and community.
He instilled these values into his business practices, fostering a company culture that treats employees and customers as part of the GL Homes family.
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Itzhak Ezratti Career
Founding GL Homes
In 1976, at the age of 23, Ezratti co-founded GL Homes alongside his father-in-law, Joseph Hanin.
The company’s name, “GL,” stands for “Good Luck,” reflecting the optimism and ambition that fueled its inception.
Starting with a modest duplex project in Hollywood, Florida, GL Homes quickly gained a reputation for quality construction and customer satisfaction.
Growth and Expansion
Over the decades, GL Homes expanded its footprint across Florida, developing master-planned communities that offer residents a blend of luxury and lifestyle amenities.
Notable developments include Valencia Sound, Boca Bridges, and Lotus Palm, each characterized by meticulous planning and attention to detail.
The company’s success is attributed to Ezratti’s strategic foresight and commitment to excellence.
By focusing on creating communities rather than just houses, GL Homes has set itself apart in the competitive real estate market.
Leadership Transition
In 2016, Ezratti stepped down as president of GL Homes, passing the leadership baton to his son, Misha Ezratti.
Misha, who had been involved in the company for years, embraced his new role with vigor, continuing the legacy of quality and community focus established by his father.
1 Key Lesson to Learn from Itzhak Ezratti’s Life
Vision Coupled with Integrity Leads to Lasting Success
Itzhak Ezratti’s journey underscores the importance of having a clear vision and adhering to one’s values.
His commitment to building not just homes but communities has resonated with thousands of families across Florida.
By prioritizing quality, customer satisfaction, and community engagement, Ezratti has demonstrated that business success is not solely measured by profits but by the positive impact on people’s lives.
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FAQs About Itzhak Ezratti
Q1: Who is Itzhak Ezratti?
A1: Itzhak Ezratti is the founder and chairman of GL Homes, a leading real estate development company in Florida known for its master-planned communities and luxury homes.
Q2: What is Itzhak Ezratti’s net worth in 2025?
A2: As of 2025, Ezratti’s estimated net worth is approximately $1.9 billion, primarily derived from his ownership and leadership of GL Homes.
Q3: What makes GL Homes different from other builders?
A3: GL Homes distinguishes itself by focusing on creating comprehensive communities that offer residents a blend of luxury homes and lifestyle amenities, such as clubhouses, fitness centers, and walking trails.
Q4: Is Itzhak Ezratti involved in any charity work?
A4: Yes, Ezratti is known for his philanthropic efforts, supporting causes related to education, healthcare, and affordable housing, often through GL Homes’ community outreach programs.
Q5: Who runs GL Homes now?
A5: GL Homes is currently led by Misha Ezratti, Itzhak’s son, who serves as the company’s president, continuing the family’s legacy in real estate development.