When you hear about ultra-wealthy real estate moguls, the numbers thrown around can feel almost fictional. Billion here, billion there—but what’s the real story when you peel back the layers? Misha Ezratti, the president of GL Homes, is one of those names that pop up in Florida’s luxury real estate scene with an often debated fortune. Some say he’s halfway to a billion, others whisper about family billions. So what’s the truth? Let’s dig in, piece by piece, without the fluff or wild guesses.
What Is Misha Ezratti’s Net Worth in 2025?
First, the foundation. GL Homes isn’t just another homebuilder. It’s a powerhouse, pulling in billions yearly, with developments stretching across Florida’s most coveted neighborhoods. Misha didn’t just stumble into this role. His father, Itzhak Ezratti, built the company into a giant, and Misha stepped up, steering it through boom times and keeping it steady when the market got shaky. That kind of leadership isn’t just about a salary—it’s about ownership. And ownership in a company like GL means serious equity.
Now, let’s talk numbers. Private companies are tricky because they don’t shout their finances from the rooftops. But we know GL Homes brings in roughly $2 to $3 billion a year in revenue. If Misha owns even a modest slice of that—say, 10 to 15 percent—his stake alone is worth hundreds of millions. How? Simple math. Even if you value the company at a conservative one times revenue (standard for private builders), his share lands somewhere between $200 and $450 million. That’s before we count a single paycheck or personal investment.
Speaking of paychecks, let’s not underestimate them. As president, Misha’s base salary likely hovers around $1.5 to $2 million a year. Not too shabby. But the real juice comes from bonuses and profit-sharing. GL Homes reportedly clears $200 million or more in profit annually. If Misha gets a cut of that—and you better believe he does—over five years, that’s an extra $30 to $50 million stacking up. Add another $10 million or so from his salary over the same period, and suddenly we’re looking at a man whose day job alone is padding his wealth by tens of millions.
Then there’s the personal portfolio. You don’t run a company like GL Homes without diving into real estate yourself. Misha’s got a jaw-dropping waterfront estate in South Florida, worth at least $20 million. But that’s just the trophy property. Behind the scenes, he’s probably sitting on a mix of commercial buildings, undeveloped land, and maybe even a few luxury condos. Florida’s market has been on fire, so if he’s been holding onto prime spots since the early 2010s, those investments could easily add another $50 to $100 million.
Now, let’s get real. Nobody racks up that kind of wealth without some debt. High-net-worth folks love leverage—using loans to buy more assets, refinancing when rates drop, playing the long game. If Misha’s got $500 million in assets, it’s safe to assume he’s carrying some debt, maybe 20 percent of his total holdings. That knocks his riches down by around $100 million, but hey, that’s just the cost of doing business at this level.
So where does that leave us? Adding up the equity, the earnings, the personal investments, and adjusting for debt, we land right around $480 million. Not quite a billionaire, but firmly in the “don’t worry about money ever again” zone. Could it be higher? Sure, if GL Homes is growing faster than reported or if his personal investments are outperforming. But $480 million is the sweet spot where the most credible estimates and conservative math meet.
One last thing—the family factor. Misha’s dad, Itzhak, is a bona fide billionaire, and that sometimes blurs the lines. People assume Misha’s net worth includes family money, but that’s not how these things usually work. Unless he’s inherited a significant chunk already (and there’s no evidence he has), his wealth is largely self-made within the family business. That’s an important distinction.
So there you have it. No wild speculation, no unverified billion-dollar claims. Just a clear breakdown of how a guy running one of Florida’s biggest private homebuilders stacks up his fortune. By 2025, barring any major market crashes or surprise deals, Misha Ezratti’s net worth will likely sit comfortably just under half a billion. And if Florida’s real estate market keeps soaring? Well, let’s just say the billionaire club might need to save him a seat soon.
