Itzhak Ezratti's net worth: Is the GL Homes CEO really a billionaire?
Itzhak Ezratti's net worth is allegedly $1.9 billion, meaning he is a confirmed billionaire as of 2025. He built his fortune by founding GL Homes in 1976 and growing it into one of Florida's largest private homebuilders, specialising in luxury and 55+ master-planned communities.
Source: Getty Images
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Key takeaways
- Itzhak Ezratti is a confirmed billionaire as of 2025, with an alleged net worth of $1.9 billion, according to Forbes.
- He co-founded GL Homes in 1976, turning it into one of Florida's largest private luxury and 55+ homebuilders.
- Ezratti stepped down as president in 2016 but remains chairman, while his son Misha now leads the company.
- GL Homes' high-end communities include Valencia Grand, Apex at Avenir, and Lotus Edge, with prices ranging from mid-$300,000 to over $3 million.
- Ezratti is also known for philanthropy, supporting healthcare, education, and homelessness programs such as The Lord's Place Meal Mobile.
Itzhak Ezratti's profile summary
| Full name | Itzhak "Itchko" Ezratti |
| Gender | Male |
| Date of birth | Late 1952 |
| Age | 72 (as of July 2025) |
| Place of birth | Israel |
| Current residence | Indian Creek, Florida, USA |
| Nationality | American |
| Ethnicity | White |
| Religion | Judaism |
| Sexuality | Straight |
| Hair colour | Black |
| Eye colour | Brown |
| Marital status | Married |
| Wife | Anna Ezratti |
| Children | Three |
| Profession | Real estate developer, entrepreneur |
| Net worth | $1.9 billion |
What is Itzhak Ezratti's net worth?
According to Forbes and the Miami Herald, Itzhak Ezratti's net worth in mid-2025 is allegedly 1.9 billion. He amassed his wealth through decades in real estate development, primarily by co-founding and expanding GL Homes into one of Florida's largest private homebuilders.
His company develops for luxury communities and deals with land investment.
What does Itzhak Ezratti do?
Source: Original
Itzhak Ezratti is a prominent real estate developer and entrepreneur, best known as the co-founder and chairman of GL Homes in Florida, USA. He launched the firm in 1976 with his father-in-law, Joseph Hanin, starting with a modest duplex in Hollywood, Florida.
Over the decades, Ezratti transformed GL Homes into a powerhouse specialising in luxury residential communities, particularly for adults aged 55 and older.
His professional focus includes strategic land acquisition, upscale home construction, and the development of master-planned communities with resort-style amenities. GL Homes has built over 36,000 homes and continues to expand its footprint across Florida, with projects such as Valencia Walk and APEX at Avenir.
Although he stepped down as president in 2016, Ezratti remains actively involved as chairman, guiding the company's vision and growth. His son, Misha Ezratti, now serves as president and CEO, continuing the family legacy.
Notable GL Homes' developments
According to GL Homes' official listings and verified pricing data from NewHomeSource, the company is renowned for its upscale residential communities across Florida. In Boynton Beach, Valencia Grand caters to residents 55 years and above with resort-style amenities and homes priced between $1 million and $2.5 million.
In Palm Beach Gardens, Apex at Avenir offers luxury family residences ranging from $900,000 to $1.7 million, designed for high-end living. In Naples, Valencia Sky provides low-maintenance 55+ living near downtown, featuring fitness centres, pools, and social clubs.
Lotus Edge in Boca Raton targets younger buyers with sleek, modern homes priced from $1.6 million to $3 million. Valencia Parc at Riverland in Port St. Lucie introduces Luxury Club Villas tailored for seasonal or year-round living, with prices starting in the mid-$300,000s.
On Florida's west coast, RiverCreek in Estero offers family-friendly amenities including indoor sports courts and splash pads, with homes priced between $600,000 and $800,000.
A look at Itzhak Ezratti's career
Source: Getty Images
Born in Israel, Ezratti immigrated to the U.S. and began his career as a bank teller in Washington, D.C., gaining early exposure to finance and customer service. In 1976, he co-founded GL Homes in Florida with his father-in-law, Joseph Hanin.
GL Homes gained momentum after Hurricane Andrew in 1992, selling around 1,000 homes and establishing itself as a major player in Florida's housing market. He stepped down as president in 2016 but remains chairman.
Itzhak Ezratti is also actively involved in philanthropy. He provides financial support and resources to initiatives that improve access to education, enhance healthcare services, and assist individuals facing homelessness. Notable contributions include funding The Lord's Place Meal Mobile, which provides meals to underserved communities.
FAQs
- Who is Itzhak Ezratti? Itzhak Ezratti is an Israeli-American real estate developer and the founder and chairman of GL Homes, one of Florida's largest private homebuilders. He immigrated to the U.S. from Israel, began his career as a bank teller, and launched GL Homes in 1976 with his father-in-law, Joseph Hanin.
- How much is Itzhak Ezratti worth? As of 2025, Itzhak Ezratti's net worth is allegedly $1.9 billion, according to Forbes. His wealth stems from decades of success in real estate development and strategic land investments through GL Homes.
- Who owns GL Homes? The Ezratti family owns and operates GL Homes. Itzhak Ezratti co-founded GL Homes and continues to serve as chairman, while his son, Misha Ezratti, leads the real estate company as president.
- Who is the CEO of GL Homes? Misha Ezratti is the current President and CEO of GL Homes. He took over leadership from his father in 2017 and continues to expand the company's footprint across Florida.
- Who founded GL Homes? Itzhak Ezratti and his father-in-law, Joseph Hanin, founded GL Homes in 1976. Their first project was a modest duplex in Hollywood, Florida.
- What does the GL stand for in GL Homes? The initials GL stand for "Good Luck", reflecting the founders' optimistic spirit and belief in hard work and opportunity.
Wrapping up
Itzhak Ezratti's net worth is allegedly $1.9 billion as of 2025, earned through decades of real estate success as the co-founder of GL Homes, one of Florida's largest private homebuilders. Although Ezratti stepped down as president in 2016, he remains chairman. His son Misha leads the firm, continuing the family's legacy in Florida's booming housing market.
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