Itzhak Ezratti built his career in Florida’s homebuilding industry and became the founder of GL Homes. Over the years, he helped grow the company from a small residential builder into a major privately held homebuilder in Florida.His business journey also shaped the financial success of the Ezratti family. In 2026, Forbes Israel lists Itzhak Ezratti & family at an estimated $1.9 billion.
The same listing gives his age as 73 and names homebuilding as the family’s source of wealth. Because Forbes reports the figure for Ezratti and his family together, readers should not treat $1.9 billion as his personal cash or individual assets.
Quick Facts
| Detail | Information |
|---|---|
| Full Name | Itzhak Ezratti |
| Age | 73 in 2026 |
| Profession | Homebuilding executive and entrepreneur |
| Known For | Founding GL Homes |
| GL Homes Founded | 1976 |
| Co-Founder | Joseph Hanin |
| Current Role | Chairman, GL Homes |
| Son | Misha Ezratti |
| Misha’s Role | President, GL Homes |
| Estimated Family Wealth | $1.9 billion in 2026 |
| Main Source of Wealth | Homebuilding |
| Primary Business Market | Florida |
Itzhak Ezratti Net Worth in 2026
Forbes Israel currently estimates Itzhak Ezratti and his family’s wealth at $1.9 billion. The publication also identifies homebuilding as the main source of that wealth.
However, this figure needs some context. Forbes does not present the $1.9 billion as a personal bank balance. Instead, the ranking groups Ezratti and his family together.
That distinction matters because GL Homes operates as a private company. Therefore, the public cannot see the same level of financial information that a publicly traded company must disclose.
In addition, a family wealth estimate can include business interests and other assets connected to the family. As a result, the $1.9 billion figure works best as a public estimate rather than an exact statement of Ezratti’s personal fortune.
Who Is Itzhak Ezratti?
Itzhak Ezratti is best known for founding GL Homes and building a long career in Florida residential real estate.
His path to the homebuilding industry did not begin with a large established company. According to GL Homes’ published history, Ezratti moved from Israel to Washington, D.C., in 1974. He initially worked as a bank teller before moving to Florida, where he also had experience in the restaurant business.
Two years later, in 1976, Ezratti and his father-in-law, Joseph Hanin, founded GL Homes. That decision eventually became the foundation of the family’s long-term business success.
Today, GL Homes identifies Ezratti as its founder and chairman.
How GL Homes Started
GL Homes began in 1976 with Itzhak Ezratti and Joseph Hanin.
The company’s early work focused on residential construction in South Florida. Its first project involved a duplex in Hollywood, Florida, according to published accounts of the company’s history.
From that modest beginning, GL Homes gradually expanded its residential developments.
Over time, the company moved beyond individual projects and developed larger communities. This approach gave the business a broader presence in Florida and created a foundation for continued growth.
Most importantly, Ezratti stayed connected to the company as it expanded. His long involvement helped make GL Homes the central part of the Ezratti family’s business story.
From a Small Builder to a Major Homebuilder
Homebuilding involves much more than constructing houses. Developers must acquire land, plan communities, arrange financing, manage construction, market properties, and respond to changing buyer demand.
GL Homes expanded by developing large residential communities and serving different groups of homebuyers.
As the company grew, it built a strong presence across Florida. Today, GL Homes says it builds exclusively in Florida and has served more than 100,000 residents. The company also describes itself as the eighth-largest private homebuilder in the United States.
Consequently, the company’s size provides important context when people discuss the family’s wealth. The fortune did not come from one property or one short-term investment. Instead, it developed through decades of residential construction and business growth.
Why Florida Matters to His Career
Florida has remained at the center of Ezratti’s business career.
The state has attracted new residents for decades, creating demand for different types of housing. In turn, that environment has provided opportunities for residential developers.
GL Homes chose to concentrate its operations in Florida rather than spread its business across the entire country. The company continues to describe Florida as its exclusive building market.
This focused strategy has helped GL Homes build experience in local markets and understand the needs of Florida homebuyers.
For Ezratti, therefore, Florida was not simply the location of his first major business opportunity. It became the market around which he built the family’s long-term homebuilding business.
Itzhak Ezratti’s Role at GL Homes
Ezratti remains involved with GL Homes as chairman.
The company identifies him as its founder and chairman, while his son Misha Ezratti serves as president.
This leadership structure also shows how the company has developed across generations.
Ezratti helped establish the business and guide its growth for decades. Meanwhile, Misha gradually took on a larger leadership role within the company.
It is also worth clarifying Misha’s title. Some online articles refer to him as CEO, but current GL Homes material identifies him as President.
Misha Ezratti and the Next Generation
Misha Ezratti represents the next generation of the family business.
According to GL Homes, Misha joined the company in 2002 and became president in 2016.
His career shows a gradual transition into leadership. Rather than immediately taking the top executive position, he spent years working within the company before becoming president.
Today, Misha leads GL Homes as president, while his father continues to serve as chairman.
As a result, the company combines the experience of its founder with the leadership of the next generation.
How Homebuilding Created the Family’s Wealth
The Ezratti family’s wealth connects directly to the growth of GL Homes and the broader value of residential development.
A homebuilder can create value at several stages. First, the company acquires land that it believes can support future development. Next, it plans infrastructure and builds homes. Finally, it sells those homes to buyers.
When a company repeats this process across many communities over several decades, the business can grow substantially.
GL Homes now operates at a much larger scale than it did when Ezratti and Hanin founded it in 1976. The company’s Florida focus and extensive residential operations help explain why homebuilding remains the family’s primary source of wealth.
Therefore, the story behind Ezratti’s wealth is closely tied to long-term business ownership rather than a single financial event.
Is the $1.9 Billion His Personal Wealth?
Not exactly.
Forbes Israel lists “Itzhak Ezratti & family” at $1.9 billion in its 2026 Jewish billionaires ranking.
So, readers should avoid describing the entire amount as Ezratti’s personal cash or personal assets.
Private family businesses can involve several ownership interests and assets. Public wealth rankings estimate those holdings from available information, but they do not reveal every private financial arrangement.
For that reason, the most accurate way to discuss the figure is to say that Forbes estimates Ezratti and his family’s combined wealth at $1.9 billion in 2026.
His Philanthropic Work
Ezratti’s public business profile also includes philanthropy and community involvement.
GL Homes has supported nonprofit organizations and community programs in Florida. Company-related announcements have highlighted support for causes involving areas such as hunger relief, housing, education, and community services.
These activities form part of the broader public story surrounding GL Homes.
At the same time, readers should distinguish between company-reported charitable work and Ezratti’s personal donations. Public sources do not provide a reliable figure for his personal annual charitable giving, so it is better to avoid assigning an exact amount.
What Is Itzhak Ezratti Known For?
Ezratti is primarily known for founding GL Homes and helping develop it into a major private homebuilder.
His business story spans roughly five decades. Since 1976, GL Homes has expanded from its early South Florida projects into large residential communities across the state.
Moreover, the family has continued its involvement in the company. Misha Ezratti joined GL Homes in 2002 and became president in 2016, while Itzhak remains chairman.
This generational transition has become an important part of the company’s ongoing story.
Frequently Asked Questions
How much is Itzhak Ezratti worth in 2026?
Forbes Israel estimates Itzhak Ezratti and his family at $1.9 billion in 2026. The figure represents a family wealth estimate rather than a confirmed amount of Ezratti’s personal cash or individual assets.
How old is Itzhak Ezratti?
Forbes Israel lists Ezratti as 73 years old in 2026.
What is Itzhak Ezratti known for?
He is best known as the founder of GL Homes. He currently serves as chairman of the company.
When was GL Homes founded?
Itzhak Ezratti and Joseph Hanin founded GL Homes in 1976.
Who is the president of GL Homes?
Misha Ezratti serves as President of GL Homes. He joined the company in 2002 and became president in 2016.
What is the main source of the Ezratti family’s wealth?
Forbes Israel identifies homebuilding as the main source of wealth for Itzhak Ezratti and his family.
Does Itzhak Ezratti still have a role at GL Homes?
Yes. GL Homes identifies Ezratti as its founder and chairman. His son Misha serves as president.
Final Thoughts
Itzhak Ezratti’s financial story is closely connected to the growth of GL Homes.
He and Joseph Hanin founded the company in 1976, starting a business journey that eventually made residential homebuilding the foundation of the Ezratti family’s wealth.
Today, GL Homes remains focused on Florida, while the family continues to play an important role in its leadership. Ezratti serves as chairman, and Misha Ezratti serves as president.
Meanwhile, Forbes Israel estimates the combined wealth of Itzhak Ezratti and his family at $1.9 billion in 2026.
Ultimately, his story is less about one billionaire figure and more about the decades of work behind a family-owned homebuilding company. That long-term connection to GL Homes explains why Ezratti remains a notable figure in Florida’s residential real estate industry. Click here for more information.