Misha Ezratti Net Worth: The Business Journey and Achievements of the GL Homes Chairman

In this article, we will discuss Misha Ezratti net worth, his career, his biography, his personal life, etc. Come on!

Key Highlights

  • Full Name: Misha Ezratti
  • Responsibility: Chairman of GL Homes
  • Net Worth: $200-300 Million
  • Corporate Revenue: $1.5 Billion
  • Key Projects: 50,000+ Homes in Florida, Nevada & New Jersey
Misha Ezratti Net Worth

Misha Ezratti Net Worth: Sources & Breakdown

Misha Ezratti net worth is $200 to 300 Million. Misha Ezratti net worth comes mostly from his shares in GL Homes and real estate investments. The main categories of his investments and their value are explained below:

SourceNet Worth (USD)Percentage (%)
Shares in GL Homes$120M – $180M60%
Personal Real Estate$50M – $80M25%
Other Investments$30M – $40M15%

Key Facts

GL Homes Shares (60%)

  • The largest portion of Misha Ezratti wealth comes from his shares in GL Homes.
  • The value of the shares ranges from $120 million to $180 million.
  • This is 60% of his total wealth.

Personal Real Estate (25%)

  • Misha has personally invested in ultra-luxury homes and rental properties.
  • This is worth between $50 million and $80 million.
  • This is 25% of his total wealth.

Other Investments (15%)

  • He is involved in industrial complexes, the stock market, and other business investments.
  • It is worth $30 million to $40 million.
  • This is 15% of the total wealth.

Source: GL Homes 2023 Annual Report, Bloomberg

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Biography & Education

Birth & Family

Misha Ezratti was born in 1975. He is 50 years old. He was born into a high-class business family. And his father, Itzhak Ezratti, is the founder of GL Homes.

GL Homes was founded in 1976. Although it was initially a small home construction company, it has become one of the leading home construction companies in the United States over time.

GL Homes is today one of the Top 10 home construction companies in the United States. It mainly specializes in building ultra-luxury homes and high-end apartments.

Education

Misha Ezratti has completed his education at the world’s leading educational institutions. He has earned a strong position in the industry by receiving high education related to real estate and business administration.

Misha Ezratti completed his Bachelor’s Degree at the Wharton School of the University of Pennsylvania.

  • He received a BS in Real Estate.
  • The Wharton School is considered one of the top business schools in the world.
  • The education received here plays a key role in the development of residential and commercial real estate.

After graduation, Misha Ezratti completed his Master’s Degree at Harvard Business School with an MBA (Master of Business Administration).

  • The Harvard MBA is a famous degree program that has produced great personalities worldwide.
  • Studying here gave him in-depth knowledge in many fields including corporate governance, development projects, and financial management.
  • This helped him make significant changes in the management of GL Homes.

Career Achievements

The company has witnessed a wide range of growth during Misha Ezratti’s tenure as the CEO of GL Homes. The key achievements are detailed below.

GL Homes Expansion

Under Misha Ezratti leadership, GL Homes expanded its operations to new states.

  • In 2020, GL Homes expanded its operations to Texas and the Carolinas.
  • This made GL Homes a major player in the housing market in these states.
  • GL Homes is a pioneer in building homes that prioritize environmental protection.
  • New homes include solar panels and water recycling systems.
  • This helps provide environmentally friendly homes while reducing electricity and water consumption.
  • In 2022, Builder Magazine awarded GL Homes the “Best Luxury Home Builder” award.
  • This reflects GL Homes’ high-end home designs and luxury amenities.

Popular Home Projects

GL Homes has implemented official development projects in several states.

  • Florida’s “Valencia Cove” project is a large housing project set on 1,200 acres.
  • With 2,500 homes, this project has grown to be one of the largest residential projects in Florida.
  • Nevada’s “Summerlin” project is a popular housing project in the state of Nevada. Its total sales value is over $500 million.

Annual Revenue Growth

Under Misha Ezratti’s leadership, GL Homes has seen significant growth in revenue.

  • In 2015, GL Homes’ total revenue was $800 million.
  • By 2023, it is expected to reach $1.5 billion in revenue, a growth of 87.5%.

Personal Life and Philanthropy

Misha Ezratti is not only a business achiever but also a family man. Key facts about his family:

  • Misha Ezratti’s wife’s name is Brooke Ezratti.
  • She worked as a journalist for the New York Times.
  • Her passion and experience are firmly in the media industry.
  • Misha Ezratti has two daughters.
  • Both are studying at the most prestigious Ivy League colleges in the world.
  • This shows the importance of their education and their efforts to provide quality education.

Charity and Community Service

Misha Ezratti is a successful businessman and a person who is very concerned about social welfare. His charitable and environmental efforts are notable.

  • He has donated $10 million (USD) to the Ezratti Foundation for education and homeless welfare.
  • It is used to improve the education of children and help homeless people.
  • In particular, he supports programs that help students who cannot afford a quality education in the United States.
  • He provides $1 million annually to the Florida Sea Turtle Conservation Fund.
  • It plays a key role in efforts to protect marine life and ensure environmental sustainability.
  • Florida’s sea turtles are one of the species that require special protection. Therefore, it is a very important environmental initiative.

Misha Ezratti Real Estate Investments

Misha Ezratti has built a large fortune through his real estate investments. His properties are located in prime locations. He is also heavily involved in housing, commercial real estate, and hotel industry investments.

Key Assets and Their Value

Property TypeLocationValue (USD)
Luxury HomePalm Beach, FL $25 million
Commercial CenterMiami$40 million
Hotel Chain InvestmentLas Vegas, NV$35 million

Capital and Investment Strategy

High-end Residence

  • His home in Palm Beach is valued at $25 million.
  • Palm Beach is one of the most popular and high-quality areas in the United States.
  • The property is located in a quiet and affluent residential area.

Commercial Investment

  • He has invested in a major commercial complex in Miami worth $40 million.
  • Miami is a city that is a leader in business, tourism and real estate development.
  • This can be achieved through long-term business profits.

Hotel Chain

  • He has invested in the hotel industry in Las Vegas worth $35 million.
  • Las Vegas is one of the largest tourist cities in the world.
  • This is an investment project with high cash flow. Because Las Vegas is a city famous for its nightlife and tourism business.

Frequently Asked Questions (FAQs)

1.How much is GL Homes currently worth?

  • $3 billion+ (2024 PrivCo valuation).

2.What is Misha Esrati’s business philosophy?

  • Creating eco-friendly luxury.

3.How much stake does Misha have in GL Homes?

  • 25% (as per company data)

This article contains interesting information about Misha Ezratti net worth, his education, biography, and many more. We hope you find it useful.

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