By Shamatic

Itchko Ezratti Net Worth, Family Details, Age and Complete Biography

You know what’s truly inspiring? Watching someone start with humble beginnings and build a fortune that changes the landscape of an entire state. That’s exactly what Itchko Ezratti has done. As of 2025, Itchko Ezratti’s net worth is estimated to be between $1.9 billion and $2.5 billion, depending on the source you check. This range puts him among the wealthiest real estate developers in Florida, and honestly, his story is a masterclass in vision, grit, and timing.

Comparing this to previous years, Ezratti’s wealth has steadily climbed. In 2023, estimates placed his net worth closer to $1.7 billion, and by 2024, it had reached around $2.3 billion. That’s a remarkable jump, driven by the booming Florida housing market and the continued success of his company, GL Homes. If you break it down, with a $2.3 billion net worth, Ezratti is effectively earning about $262,000 every hour, $6.3 million per day, and an eye-popping $190 million each month—assuming his wealth keeps growing at its current pace.

His fortune comes from decades of smart real estate investments, luxury home developments, and a relentless focus on quality. GL Homes, the company he co-founded, is now a powerhouse, generating annual revenues close to $1 billion and building some of the most sought-after communities in the state.

About Itchko Ezratti: The Man Behind GL Homes and Florida’s Real Estate Boom

Let me explain why Itchko Ezratti is a name you keep hearing if you follow real estate or Florida business news. Born in 1953 in Israel, Ezratti moved to the United States as a young man, settling first in Washington, D.C., where he worked as a bank teller. That early experience taught him the basics of finance and customer service—skills that would serve him well in his future career.

In 1976, Ezratti co-founded GL Homes with his father-in-law, Joseph Hanin. The “GL” stands for “Good Luck,” but honestly, Ezratti’s story is more about hard work and vision than luck. He started with a single duplex in Hollywood, Florida, and grew the company into the largest private homebuilder in the state, completing over 36,000 homes. His focus on luxury estates and 55+ communities, like Valencia and The Bridges, set new standards for Florida living.

Ezratti is now 72 years old and remains the chairman of GL Homes, while his son, Misha Ezratti, serves as president and continues the family legacy. He’s known for being a family man, with three children and a long marriage to Maya Ezratti. He lives in Indian Creek, Florida, one of the most exclusive and affluent communities in the country.

One thing that stands out about Ezratti is his ability to spot opportunities others miss. After Hurricane Andrew devastated South Florida in 1992, GL Homes capitalized on the demand for new housing, selling about 1,000 homes in just two years and cementing its leadership in the industry. He’s also been a pioneer in sustainable building, earning “Gold” certifications for eco-friendly practices and pushing the company to embrace the latest in smart home technology.

Of course, no billionaire’s journey is without controversy. Ezratti and GL Homes have faced criticism from environmentalists and community members over development projects in Palm Beach County, particularly plans to build in the Agricultural Reserve. These projects sparked debates about urban sprawl and preservation, but Ezratti’s focus on luxury, amenities, and community-building has kept the company at the top.

Ezratti’s hobbies and personal interests are mostly private, but he’s known for his philanthropy. He supports the University of Miami, the Broward County Public Library Foundation, and various community initiatives. He’s also passionate about family succession, ensuring GL Homes remains a family-run business for generations to come.

Education & Career: From Bank Teller to Billionaire Builder

Here’s the thing: Itchko Ezratti’s path to success wasn’t paved with Ivy League degrees. He started his career as a bank teller in Washington, D.C., learning the ropes of finance and customer service. There’s little public information about his formal education, but what’s clear is that Ezratti learned by doing—by taking risks, working hard, and seizing opportunities.

In 1976, he made the bold move to Florida and co-founded GL Homes. The company started small, but Ezratti’s determination and business sense fueled rapid growth. He faced plenty of challenges, from adapting to a new country and culture to navigating Florida’s competitive real estate market. But each challenge became a stepping stone, especially after the company’s breakthrough following Hurricane Andrew in 1992.

Ezratti’s career is a lesson in resilience and adaptability. He stepped down as president in 2016, handing over daily operations to his son, but he remains deeply involved in strategy and big-picture decisions. His story proves that you don’t need a traditional path to build a billion-dollar empire—you just need vision, grit, and the right partners.

Achievements and Contributions: How Itchko Ezratti Changed Florida Real Estate

Itchko Ezratti’s impact on Florida’s real estate industry is massive. Here are some of his top achievements:

• Co-founded GL Homes in 1976, now Florida’s largest private homebuilder
• Built over 36,000 homes, transforming communities across the state
• Pioneered luxury 55+ communities and master-planned developments
• Led GL Homes to annual revenues nearing $1 billion
• Drove innovation in smart home technology and eco-friendly building practices
• Guided GL Homes through market booms and busts, always emerging stronger
• Supported major philanthropic initiatives, including education and libraries
• Ensured family succession by mentoring his son, Misha, as company president
• Helped rebuild South Florida after Hurricane Andrew, meeting housing demand head-on
• Expanded GL Homes’ footprint into new markets, including potential moves into Texas and Arizona
• Earned “Gold” certification for sustainability in new developments
• Created thousands of jobs and boosted Florida’s economy
• Maintained a reputation for quality, luxury, and customer satisfaction
• Championed community involvement and charitable giving
• Built a legacy that inspires future generations of entrepreneurs

Height, Color, and Weight: What Does Itchko Ezratti Look Like?

If you’re curious about Itchko Ezratti’s appearance, here’s a quick overview. He stands about 5 feet 9 inches tall (175 cm) and maintains an average, healthy build. Ezratti has dark hair and brown eyes, reflecting his Mediterranean heritage. He’s often seen in classic business attire—think tailored suits and crisp shirts—fitting for a real estate mogul of his stature.

Social Media Accounts: How to Follow Itchko Ezratti and GL Homes

You know what’s interesting? Itchko Ezratti himself keeps a low profile on personal social media, but you can follow GL Homes for updates on projects, community events, and company news.

• GL Homes Instagram: 50,000+ followers. Recent posts highlight new luxury communities and sustainability initiatives.
• GL Homes LinkedIn: 10,000+ followers. Shares company milestones, leadership news, and industry insights.
• GL Homes Facebook: 30,000+ followers. Features customer testimonials, home tours, and event announcements.

Ezratti prefers to let his work—and his company’s reputation—speak for itself, but GL Homes’ social channels are a great way to stay in the loop.

FAQs About Itchko Ezratti

Q1: What is Itchko Ezratti’s real net worth in 2025?
Estimates range from $1.9 billion to $2.5 billion, making him one of Florida’s wealthiest real estate developers.

Q2: Who runs GL Homes now?
Itchko’s son, Misha Ezratti, is the current president, while Itchko serves as chairman and guides company strategy.

Q3: Has Itchko Ezratti faced any controversies?
Yes, mainly related to development projects in Palm Beach County and debates over environmental impact.

Q4: What is Itchko Ezratti’s background?
He was born in Israel, moved to the U.S., started as a bank teller, and co-founded GL Homes in 1976.

Q5: Is Itchko Ezratti involved in charity?
Absolutely. He supports education, libraries, and community initiatives, with a focus on giving back to Florida.

Itchko Ezratti’s journey from immigrant bank teller to billionaire real estate tycoon is proof that vision, hard work, and a willingness to adapt can build a legacy. His net worth in 2025 reflects decades of smart decisions and a commitment to quality—whether you’re a real estate enthusiast or just love a good success story, Ezratti’s path is one to watch. For more about his empire and family legacy, check out Flairs Magazine, Editorialge, or The Famous Wealth.