Portrait of Itzhak Ezratti & family

Rank #2230

Itzhak Ezratti & family

Net worth $1.9B

Homebuilding · United States

Born
Oct 14, 1952
Age
73
Source
Homebuilding
Residence
Indian Creek, Florida
Citizenship
United States
Marital status
Children
3
Education

Net worth over time

Biography

  • Itzhak Ezratti cofounded GL Homes in 1976 with his father-in-law Joseph Hanin.
  • GL Homes, the initials of which stands for "Good Luck," is one of Florida's largest private home builders, having completed over 36,000 homes since its founding.
  • Originally from Israel, Ezratti immigrated to Washington, D.C., and worked as a bank teller before moving to Florida.
  • GL Homes gained momentum in 1992 after Hurricane Andrew hit south Florida. That year and the year following, the company sold about 1,000 homes.
  • Ezratti stepped down as president of the firm in 2016 but continues to serve as chairman. His son Misha now runs GL Homes as president.
  • Ezratti and his father-in-law's first GL Homes project in 1976 was a single duplex in Hollywood, Florida.
  • GL Homes specializes in its housing communities for people aged 55 and over.