Itzhak Ezratti Net Worth: Earnings, Career, Salary, Lifestyle & Assets

Co-authorLast Updated: May 30, 2025

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Itzhak Ezratti is a prominent figure in the luxury real estate industry, best known for co-founding GL Homes, one of Florida’s largest privately-owned homebuilding companies. As of now, Itzhak Ezratti’s net worth is estimated at $1.9 billion (Approximately £1.3 million), placing him among the world’s richest, ranked 1,850th globally by Forbes. His wealth primarily stems from his ownership stake in GL Homes, a privately-held company valued at over $4 billion. With annual revenues in the billions, GL Homes likely generates hundreds of millions in profits, assuming a conservative 10-15% profit margin typical for successful homebuilding firms. Ezratti’s earnings also include passive income from commercial properties and diversified investments in stocks, bonds, and private equity.

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While specific salary details are private, as a founder and chairman, Ezratti’s compensation likely includes a substantial base salary, performance bonuses tied to company profitability, and dividends from his equity. His investment portfolio, encompassing upscale properties and undeveloped land, further bolsters his wealth. Despite market volatility, Ezratti’s focus on the luxury sector and diversified assets has maintained his financial stability.

Itzhak Ezratti

Itzhak Ezratti Career

Born in Israel, Itzhak Ezratti immigrated to the United States, where he initially worked as a bank teller in Washington, D.C. His early career in finance provided a foundation for understanding market dynamics, which later proved invaluable in real estate. In 1976, Ezratti, alongside his father-in-law Joseph Hanin, co-founded GL Homes (originally named “Good Luck” Homes) in Hollywood, Florida, starting with a modest duplex project. The company’s focus on quality construction and innovative community design set it apart, laying the groundwork for its eventual dominance in Florida’s luxury housing market.

Ezratti’s vision was to create more than just houses; he aimed to build lifestyle-driven communities with premium amenities like golf courses, fitness centers, and resort-style facilities. This approach resonated with affluent buyers and retirees, particularly in Florida’s southeastern and southwestern regions, including Boca Raton, Delray Beach, and Tampa. A pivotal moment came in 1992 after Hurricane Andrew devastated South Florida, creating a surge in housing demand. GL Homes capitalized on this opportunity, selling approximately 1,000 homes in the following years, cementing its reputation as a leading homebuilder.

Building GL Homes: A Real Estate Empire

Under Ezratti’s leadership, GL Homes grew from a small operation into a powerhouse, developing over 75,000 homes across Florida since its inception. The company specializes in master-planned communities, such as the Valencia line for 55+ residents and The Bridges, known for upscale amenities and modern living spaces. GL Homes’ revenue reflects its market strength, with reported figures of $3.6 billion in 2022, $1.5 billion in 2024, and a projected $1.9 billion for 2025. These numbers highlight the company’s resilience despite economic fluctuations like the 2008 housing crisis.

Ezratti’s strategic approach involved selecting prime locations, integrating smart home features, and prioritizing customer satisfaction. His ability to anticipate market trends and adapt to changing homeowner preferences such as sustainability and technological integration kept GL Homes competitive. In 2016, Ezratti stepped down as president, passing the role to his son, Misha Ezratti, while remaining chairman to guide the company’s vision. This family-driven succession ensured continuity, blending traditional values with modern innovation.

Itzhak Ezratti Salary

As of 2025, specific details regarding Itzhak Ezratti’s annual salary as Founder of GL Homes are not publicly disclosed. However, considering his significant role in leading one of Florida’s largest private homebuilders, it’s reasonable to infer that his compensation is substantial.

Itzhak Ezratti Personal Life

Itzhak is married to Anna Ezratti, who prefers to stay out of the public eye. Together, they reside in Miami, Florida, and share a luxurious lifestyle, including ownership of the Amels yacht named Avanti. The couple has three children, with their son, Misha Ezratti, serving as the president of GL Homes. Misha has been instrumental in continuing the family’s legacy in the real estate business.

Itzhak Ezratti Lifestyle and Assets

Itzhak Ezratti leads a luxurious yet relatively private lifestyle, reflective of his billionaire status. He resides in a multimillion-dollar estate in Boca Raton, designed with the same elegance and sophistication as GL Homes’ developments. His real estate portfolio includes luxury homes, commercial properties, and possibly vacation homes in exclusive destinations. Ezratti’s car collection reportedly features high-end vehicles, aligning with his penchant for quality and luxury.

Despite his wealth, Ezratti maintains a low public profile, focusing on business and philanthropy rather than media attention. His lifestyle balances opulence with a grounded approach, emphasizing family and community involvement. GL Homes’ social media presence highlights its projects, but Ezratti himself avoids personal publicity, letting his work speak for itself.

Philanthropy and Community Impact

Ezratti’s commitment to philanthropy is a cornerstone of his legacy. Through GL Homes, he supports causes in education, healthcare, and community development, including programs for affordable housing and homelessness. These efforts reflect his belief in creating opportunities for others, mirroring his own journey from humble beginnings. His contributions have earned recognition for their impact on Florida’s communities, particularly in areas where GL Homes operates.