Introduction
Have you ever wondered how someone starts with nothing but a dream and builds an empire? That’s the story of Itzhak Ezratti, a real estate developer who turned a small duplex project into one of Florida’s biggest homebuilding companies. In this Itzhak Ezratti biography and net worth overview, we’ll explore his journey from Israel to the sunny shores of Florida, where he founded GL Homes and created communities that people love to call home. He’s not just about business; his story includes a strong family foundation, with his wife Anna by his side through it all. Let’s dive in and see what makes this self-made billionaire tick.
Source: prnewswire.com
Personal Details Table
| Field | Details |
| Full Name | Itzhak “Itchko” Ezratti |
| Nickname / Stage Name | Itchko |
| Date of Birth | October 14, 1952 |
| Age | 73 (as of February 2026) |
| Birthplace | Tel Aviv, Israel |
| Nationality | American (Israeli-born) |
| Occupation | Real estate developer, Founder and Chairman of GL Homes |
| Known For | Co-founding GL Homes, building over 36,000 homes in Florida |
| Height | Not publicly disclosed |
| Family / Spouse | Married to Anna Ezratti; three children (Misha, Maya, and Maxie) |
| Education | Early education in Tel Aviv; no formal higher education details available |
| Social Media Followers | Not active on social media; low public profile (estimated under 1,000 if any) |
| Estimated Net Worth | $1.9 billion (as of 2026) |
These details come from reputable sources like Forbes and business profiles, with net worth estimates based on public data from company valuations and real estate holdings. Ages and figures are approximate, as Ezratti keeps a low profile.
Early Life & Background
Itzhak Ezratti grew up in Tel Aviv, Israel, in a Jewish family that emphasized hard work and resilience. Born in 1952, his early years were shaped by his mother’s experiences as a Holocaust survivor, which taught him the value of perseverance. As a young man, he studied in local schools but didn’t pursue extensive formal education beyond that. In 1974, at age 22, he immigrated to the United States, landing in Washington, D.C. There, he took a job as a bank teller to make ends meet. The cold winters didn’t suit him, so he soon moved to warmer Florida, where his real estate dreams began to take shape.
His first steps toward fame weren’t glamorous. He worked in the restaurant business briefly, but his big opportunity came through family ties. Meeting Anna, his future wife, connected him to her father, Joseph Hanin, an engineer. Together, they saw potential in Florida’s growing housing market. This blend of family support and personal drive set the stage for what would become a powerhouse company.
Career Journey & Achievements
Itzhak Ezratti’s career kicked off in 1976 when he co-founded GL Homes with his father-in-law, Joseph Hanin. The name “GL” stands for “Good Luck,” a nod to their hopeful start. Their first project? A simple duplex in Hollywood, Florida. It was small, but it laid the groundwork for bigger things. By the 1980s, the company was growing steadily, focusing on quality homes at fair prices.
The Turning Point: Hurricane Andrew and Expansion
A major milestone came in 1992 after Hurricane Andrew devastated South Florida. Demand for sturdy, new homes skyrocketed, and GL Homes stepped up, selling around 1,000 homes that year and the next. This boosted their reputation and scale. Ezratti’s vision shifted toward master-planned communities, especially for people aged 55 and over, with amenities like pools, clubhouses, and green spaces. Today, GL Homes has completed over 36,000 residences across the state, from Port St. Lucie to Boca Raton.
Business Ventures and Leadership Transition
Beyond homebuilding, Ezratti invested in land development and community planning. In 2016, he stepped down as president but stayed on as chairman, passing the reins to his son Misha. This family handover ensured the company’s values of integrity and customer focus continued. Recent projects include luxury communities like Valencia Harbor and Valencia Sky, unveiled in 2025, catering to mid-priced and high-end buyers. GL Homes remains privately owned, avoiding the pressures of public markets, which Ezratti credits for their long-term success.
His achievements include earning respect as a dependable builder, with no major awards listed but a legacy of satisfied homeowners and community impact.
Personal Life & Relationships
Itzhak Ezratti’s personal life centers around his family, kept mostly out of the spotlight. He’s been married to Anna Ezratti for decades, a partnership that started before GL Homes. Anna, born around 1952 into a family that prized education and community, is described as the quiet strength behind him. She focuses on philanthropy, supporting causes like education and Jewish community initiatives, though she avoids public attention. Together, they raised three children: son Misha (now GL Homes president), daughter Maya (a dating expert), and daughter Maxie (a therapist). The family lives in Indian Creek, Florida, a private island known for its exclusivity.
Ezratti’s hobbies aren’t widely shared, but sources suggest he enjoys family time and giving back through company philanthropy, like supporting local charities. His lifestyle reflects his roots: grounded, family-oriented, and focused on legacy over flash.
Net Worth & Financial Overview
Itzhak Ezratti’s estimated net worth stands at $1.9 billion as of 2026, making him one of the wealthiest in real estate. This figure comes from sites like Forbes, which analyze public data on GL Homes’ valuations, land holdings, and sales. Remember, net worth estimates aren’t exact; they’re based on available info and can fluctuate with market conditions.
Breakdown of Income Sources
- Homebuilding and Sales: The bulk comes from GL Homes, with over 100,000 homes sold since 1976. Recent expansions into new communities add millions annually.
- Land Development: Investments in Florida properties, especially in growing areas, provide steady returns.
- Other Ventures: No major side businesses noted, but company philanthropy and family trusts contribute to overall wealth management.
Ezratti made his money by spotting opportunities in Florida’s booming population, focusing on quality over quantity. Starting small, he scaled through smart planning and customer trust, turning GL Homes into a billion-dollar enterprise.
Notable Facts & Trivia / Fun Info
- Ezratti’s mother was a Holocaust survivor, inspiring his resilient mindset.
- GL Homes’ first project was a duplex, but after Hurricane Andrew, they built entire neighborhoods.
- He lives on Indian Creek Island, rubbing shoulders with neighbors like Jared Kushner.
- The company name “GL” means “Good Luck,” a charming start to a fortunate career.
- In 2025, GL Homes marked nearly 50 years, with projects like Valencia Del Mar showcasing modern luxury.
Source: glhomes.com
- Fun fact: Ezratti handed leadership to his son Misha at age 36, keeping it in the family.
Impact & Legacy
Itzhak Ezratti matters because he changed how people live in Florida. Through GL Homes, he’s created communities that foster connection, especially for retirees. His influence extends to ethical building practices, emphasizing sustainability and resident happiness over quick profits. Fans and industry peers admire his self-made path, inspiring other immigrants and entrepreneurs. Culturally, he’s contributed to Florida’s growth, supporting philanthropy that aids education and health. His legacy? A family-run business that prioritizes people, ensuring GL Homes thrives for generations.
FAQs
Who is Itzhak Ezratti’s wife?
Anna Ezratti is his longtime wife, known for her private nature and support in family and philanthropy. They met before he started GL Homes, and she’s been a key partner ever since.
What is Itzhak Ezratti’s net worth?
Estimates put it at $1.9 billion, mainly from GL Homes. These are based on public data and may vary.
How did Itzhak Ezratti become famous?
He rose through real estate, founding GL Homes in 1976 and expanding after Hurricane Andrew. His focus on quality communities made him a respected name in Florida development.
What are his biggest achievements?
Co-founding GL Homes, building over 36,000 homes, and transitioning leadership to his son while maintaining company values.
Where is Itzhak Ezratti now?
He’s chairman of GL Homes, living in Indian Creek, Florida, and focused on family and company oversight.
How many children does Itzhak Ezratti have?
Three: Misha (GL Homes president), Maya, and Maxie.
What is GL Homes known for?
Luxury and 55+ communities with top amenities, built with integrity.
