Misha Ezratti Net Worth: The Gl Homes President Behind An Estimated $450 Million To $500 Million

In 2002, Misha Ezratti signed on as a construction superintendent, and fourteen years later he was running his father’s company GL Homes.

He has an estimated net worth about $450 million to $500 million as of mid 2026. The money is equity in GL Homes, a private family homebuilder that sells close to $2 billion of Florida houses a year and has never offered a share to the public.

His father, founder Itzhak Ezratti, holds the headline fortune, an estimated $1.9 billion per Forbes as of July 2026, ranked No. 2177 on the 2026 Billionaires list. That figure covers Itzhak and the family holdings. Misha’s own slice has never been disclosed.

From Tel Aviv ice cream to a Miramar job site

Ezratti was born in Hollywood, Florida, where GL Homes built its very first project, a single duplex, back in 1976. His parents came from Tel Aviv, and his first paying job was scooping Ben & Jerry’s ice cream on a beach there one summer, where he sold more than fifty flavors in a second language.

His father Itzhak, an Israeli immigrant who once worked as a bank teller in Washington, D.C., cofounded the company with Joseph Hanin, Misha’s grandfather. The initials stand for Good Luck.

His apprenticeship started absurdly early. At nine, Misha rode around a Miramar job site on his father’s lap while Itzhak explained construction and land development. He has said he was hooked from that day.

Still, he tried to leave. He went to Boston University’s Questrom School of Business for a finance degree and pointed himself at New York. “I really didn’t want to go to the city after that,” he said of the September 11 attacks, which came in his senior year. So in 2002 he went home and signed on as a construction superintendent instead.

Fourteen years to the president’s chair

Those fourteen years in between were a slow rotation through the whole company, and by the end he had worked in every department. That construction stretch left a mark he still jokes about. “When I started with the company, I worked in construction. While I loved the experience, I do not miss the early hours and heat,” he told Florida Trend, which lists him in its Florida 500 of the state’s most influential business leaders.

In 2016, he was appointed president, with his father moving up to chairman. Asked years later what shaped him, he called his father his biggest mentor, a visionary who had to personally sign for loans and risk the family house to grow the business. Asked for the title of his life story, he answered with the proverb: like father, like son.

The company he took over was already big. GL Homes booked $939 million in revenue and delivered almost 1,600 homes in 2016, with more than 430 employees, as Ezratti laid out for the Palm Beach Post the following June. Eight years into his presidency, the South Florida Business Journal named him a 2024 Ultimate CEO.

What a private homebuilder is worth

GL Homes today sells close to $2 billion of homes a year, a 2026 figure that puts it 27th among all American builders by revenue and in the top ten of the privately owned ones. Across Florida, over 100,000 residents live in a GL Homes community, spread across more than 36,000 houses built over five decades. The company is privately held, and it has never said publicly how ownership is divided among the family.

Houses for buyers 55 and over

Most of what it builds are big master planned communities for people 55 and older, most of them sold under the Valencia name, and by 2023 there were almost 60 statewide. GL Homes leaves the golf courses out and puts the money into clubhouses instead. Ezratti described that buyer shift back in 2017, as golf communities with their upkeep costs fell out of favor.

At Seven Bridges west of Delray Beach, homes ran from $757,000 to $1.9 million around a 30,000 square foot clubhouse. Buyers took 510 of 700 home sites before that clubhouse even opened, faster than the company expected, by his own account at the time. Dakota, its mid priced neighbor, took 50 reservations in the first three hours of sales.

Retail centers next to the rooftops

The company also makes money on retail, which gets less attention than the houses. Where it can, GL Homes sets aside 20 to 30 acres beside a residential project and builds the shopping center itself.

“We like to control all the aspects of what’s going in and around our developments,” Ezratti told Commercial Observer in September 2025, after opening a retail center built around a 48,000 square foot Publix at Valencia Parc at Riverland in Port St. Lucie.

The company hired Michael Friedman away from Stiles roughly fifteen years ago to run that division, and its first center went up in Miramar.

Land first, houses later

Ezratti told the South Florida Business Journal in his 2024 Ultimate CEO interview that the key for the company is land, the right land close to infrastructure, because that is where its growth comes from.

The strategy mostly wins. It lost once, loudly, in October 2023, when Palm Beach County commissioners rejected GL Homes’ bid to build 1,277 homes on 653 acres of the protected Agricultural Reserve. In exchange, the company had offered to preserve 1,600 acres it owns at Indian Trails Grove. The 4-3 defeat landed only after two commissioners flipped their votes at the end of an eleven hour meeting, WLRN reported.

The company bought more land anyway. In January 2026, GL Homes paid Minto Communities $80 million for 192 acres in Westlake. Combined with a neighboring parcel it picked up in 2024, the site has room for more than 1,000 homes, and The Real Deal called it “one of the largest undeveloped tracts in the county.”

As of mid 2026, the company’s newest Valencia communities are selling near Tampa, Naples, Fort Myers and Boynton Beach, while the 12,000 home Riverland development keeps rising in Port St. Lucie.

In that same September 2025 interview he called affordability the biggest challenge in a cooling market, with buyers holding back until their old houses sell. Once that happens, he said, they come in excited to buy, and he stays bullish.

A family that stays off camera

The personal side is deliberately small. In a 2017 interview, Ezratti said he had been married five years to a ballet dancer and had a young son, without naming either. His wife, Jessica Ezratti, appears alongside him in GL Homes’ charity event videos.

He has two sisters, his parents live nearby in South Florida, and home is Miami Beach. Sometimes, he goes boating and scuba diving, follows the Heat and the Dolphins, and calls himself a huge grunge fan.

Most of his public appearances happen at GL Homes Philanthropy events, the company’s charity operation. Its Make a House a Home program donates surplus cabinets and appliances to families in need, and the company funds The Lord’s Place Meal Mobile and packs food with Feeding South Florida. By its own count, that giving has reached more than 2,000 Florida charities.

In 2023, the Jewish Federation of South Palm Beach County named him its Industry ICON, and its president and CEO, Matt Levin, interviewed him on stage about business and giving.

In a GL Homes video from July 2021, Ezratti talks through the company’s Summer of Service support for Feeding South Florida and why the builder sends its own employees out to help.

Twenty four years after he walked away from New York, the superintendent who came home is still doing what his father showed him at nine on that Miramar job site. Buy the right land early, hold it, and build when the time comes.

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