BillionaireNet
family
Itzhak Ezratti & family
Rank #2052
UNITED STATESConstruction & EngineeringHomebuilding

Itzhak Ezratti & family

Net Worth
$1.873B
0% (24h)
Itzhak Ezratti, a prominent figure in the Florida real estate market, is the founder and chairman of GL Homes. Born in Israel, he immigrated to the United States and, after a brief stint as a bank teller, co-founded GL Homes in 1976 with his father-in-law. Over the decades, Ezratti transformed GL Homes into one of Florida's largest private homebuilders, with a focus on luxury and 55+ communities. As of 2025, his net worth is estimated at $1.9 billion, primarily from his homebuilding ventures. Ezratti's career has been marked by strategic land acquisition, upscale home construction, and a commitment to community-centered living.

The Full Dossier

Early Life

Itzhak Ezratti was born in Israel. In 1974, he immigrated to the United States and began his career as a bank teller in Washington, D.C. He later moved to Florida, drawn by the opportunities and warmer climate.

Rise to Success

In 1976, Ezratti co-founded GL Homes with Joseph Hanin. Their first project was a duplex in Hollywood, Florida. GL Homes gained momentum after Hurricane Andrew in 1992, selling approximately 1,000 homes in the following years. Ezratti focused on developing high-quality homes and master-planned communities. He stepped down as president in 2016 but remains chairman.

Key Business Strategies

GL Homes' success stems from several key strategies. These include strategic land acquisition, a focus on luxury and 55+ communities, and the development of master-planned communities with resort-style amenities. The company has built over 36,000 homes and continues to expand its footprint across Florida. Ezratti's leadership also emphasized quality craftsmanship and customer satisfaction, building trust with every buyer.

Philanthropy

Itzhak Ezratti and GL Homes are actively involved in philanthropy, supporting healthcare, education, and initiatives to combat homelessness. Notably, they have partnered with Feeding South Florida and Habitat for Humanity to address hunger and housing instability, reflecting their belief in community-centered living.

Career Timeline

2016

Stepped Down as President

Transitioned from president of GL Homes but remains chairman.

1992

GL Homes Momentum

The company gained momentum after Hurricane Andrew, selling approximately 1,000 homes.

1976

Co-founded GL Homes

Established GL Homes with Joseph Hanin, starting with a duplex project in Hollywood, Florida.

Philanthropic Impact

Hunger Relief$XB

Feeding South Florida

Partnered with Feeding South Florida to provide meals to families in need.

Housing$XB

Habitat for Humanity

Supported Habitat for Humanity and similar initiatives to improve housing stability.

Hunger Relief$XB

The Lord's Place Meal Mobile

Funded The Lord's Place Meal Mobile, which provides meals to underserved communities.

Wealth Trajectory