Itchko Ezratti Net Worth: The Billionaire Behind GL Homes
When people look up Itchko (Itzhak) Ezratti net worth, they see different numbers. Some websites say around $900 million, others say between $700 million and $1.9 billion, but the most trusted source, Forbes, lists him as a billionaire worth $1.9 billion.
Why are there so many different numbers? The main reason is that his company, GL Homes, is private. That means it doesn’t share official financial information. This article will explain who Ezratti is, how he made his money, what his company does, and what he gives back to the community.
1. Who Is Itchko Ezratti?
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Full name: Itzhak “Itchko/Ike” Ezratti
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Born: 1952 (about 72–73 years old today)
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Profession: Real estate developer and businessman
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Known for: Founder of GL Homes, one of Florida’s largest home builders
Ezratti moved to Florida and started working in construction and real estate in the 1970s. In 1976, he co-founded GL Homes, which grew into a huge company.
2. GL Homes: How It Made Him Rich
GL Homes builds large neighborhoods in Florida. These are not just houses, but master-planned communities with parks, clubhouses, pools, golf courses, and other services.
Why GL Homes Became Popular
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Lifestyle living: Many neighborhoods are designed like resorts.
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Valencia series: Special communities for adults aged 55+, with luxury features.
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Florida growth: Florida’s population has grown quickly, and many retirees move there.
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Strong reputation: Known for building safe, modern, and attractive communities.
Homes Built (different reports say different numbers)
| Source | Homes Built | Comment |
|---|---|---|
| NetworthHub | 36,000 | Lower estimate |
| AskDaman, LarissaRunkle, RapidMagazine | 75,000+ | Most common number |
| OddCulture | 70,000+ | Midpoint estimate |
| RealityTea | 100,000+ | Likely too high |
Even if we don’t know the exact number, it is clear that GL Homes has built tens of thousands of homes in Florida.
3. How Much Is He Worth?
There is no single answer online.
Reported Net Worth Numbers
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$1.9 billion → Forbes, Tuko, NetworthHub, RapidMagazine
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$900 million → RealityTea
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$700 million–$1.9 billion → AskDaman, LarissaRunkle
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No exact number, focus on legacy → CEOWORLD
Why So Many Different Numbers?
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Private company → GL Homes does not share financial details.
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Land values change → Real estate prices in Florida go up and down.
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Unclear sources → Some websites copy from others without checking.
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Mistakes → A few blogs wrongly say GL Homes is a public company with a stock ticker “GLH.” This is false.
4. Public vs. Private Company
Some blogs confuse readers by saying GL Homes is a public company. That is not true.
| Claim | Who Says It | Correct? |
|---|---|---|
| GL Homes is private | Forbes, Tuko, NetworthHub, LarissaRunkle, RealityTea | ✅ Yes |
| GL Homes is public, ticker GLH | OddCulture, GreenEcoDream | ❌ Wrong |
Fact: GL Homes is private. It does not trade shares on the stock market.
5. His Role and Leadership
Itchko Ezratti no longer runs GL Homes every day.
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Current role: Chairman of the Board
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Next generation: His son, Misha Ezratti, is now President and CEO
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Why it matters: The company stays family-run, with long-term stability
This handover ensures GL Homes continues to grow with new leadership, while still following Ezratti’s original vision.
Read also: Karol G Net Worth
6. Personal Life
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Where he lives: Reports say either Indian Creek (a wealthy island near Miami) or Bal Harbour (another luxury area).
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Family: Married to Deborah Ezratti; they have children including Misha.
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Lifestyle: Ezratti is private and avoids the spotlight, unlike many billionaires.
7. Philanthropy and Giving Back
Ezratti is not only about wealth. He also supports causes that help people in Florida.
Examples of His Donations
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The Lord’s Place → Helps the homeless find housing and jobs.
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Habitat for Humanity → Builds affordable homes for families.
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Education programs → Scholarships and school support.
Some articles argue that Ezratti’s “true net worth” is not only in dollars but also in the impact he has on communities through his giving.
8. What We Can Learn
Here are the most important points about Ezratti and his wealth:
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He founded GL Homes in 1976 and grew it into one of Florida’s biggest homebuilders.
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His net worth is most often reported as $1.9 billion by Forbes.
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Other estimates vary because GL Homes is private, so exact numbers are unknown.
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He has built tens of thousands of homes and owns or has developed thousands of acres of land.
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He passed the leadership of GL Homes to his son Misha, but remains active as Chairman.
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He lives in Florida, in wealthy areas like Indian Creek or Bal Harbour.
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He donates to charities that fight homelessness, support education, and build affordable homes.
9. Conclusion
So, how much is Itchko Ezratti worth? The most trusted answer is $1.9 billion. This makes him a billionaire real estate developer and one of the richest people in Florida.
But Ezratti’s story is more than just money:
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He has built entire communities that shape how people live.
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He has passed on leadership to his son, keeping GL Homes in the family.
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He gives back through donations to housing and education charities.
Whether you measure his net worth in dollars or in the positive changes he has helped bring to Florida, Itchko Ezratti is a man of wealth, vision, and lasting impact.
