Itchko Ezratti Net Worth: How Rich is the Businessman Actually?

Itchko Ezratti is an American entrepreneur who co-founded GL Homes in 1976. His homebuilding company, GL Homes is known for its commitment to high quality. As of 2025, Itchko Ezratti net worth is estimated at around $700 million.

Early Life

Itchko Ezratti was born in 1953 in Israel. Later, he shifted to the United States and settled in Washington, D. C. Specific information regarding his siblings and parents is unavailable. Similarly, his academic background is not publicly documented. Since his early days, he has been working hard and is very determined. Earlier, he posed several challenges after transitioning to a new country. He had difficulty in finding good opportunities in a competitive market adapting to a different culture.

Before relocating to Florida, he started his career as a bank teller. Later, he co-founded the homebuilding company, GL Homes along with his father-in-law, Joseph Hanin in 1976. GL stands for Good Luck, as its names suggest, the company turned out to be the largest private home builder in Florida. The record shows it has finished more than 36,000 houses since it was founded.

Career

Itchzko Ezratti gained valuable skills related to customer service and finance while working as a bank teller. Later, he explored other opportunities and transitioned into the real estate industry. To create high-quality houses, he founded the homebuilding company, GL Homes in Coral Springs, Florida in 1976. Ezratti had the self-belief that he would provide high-quality homes to buyers in Florida.

In the initial days, the homebuilding company, GL Homes faced several challenges such as competition and economic fluctuations. He mainly focused on excellence and customer satisfaction. Over the years, GL Homes gained success and it ultimately expanded its operations. The company soon became famous for its focus on making exceptional communities. It didn’t just offer houses but it also provided homes with vibrant lifestyles. GL Homes worked on the approach of developing recreational facilities along with resort-style amenities that would satisfy residents’ needs and desires.

GL Homes has eventually built more than 100,000 houses. The company has likewise received numerous industry awards for its unique design and high quality. Ezratti’s role in the company’s development and expansion has evolved over time. In his different roles, he has been actively engaged in guiding and meeting the company’s vision and operations. His son, Misha Ezratti currently serves as a President of GL Homes. Misha is giving continuity in running the family legacy maintaining its core values.

Itchzko and Misha have worked on various projects together emphasizing customer satisfaction and community development. Besides his contribution to GL Homes, Itchzko has been involved in various philanthropic efforts and activities. Ezratti has often engaged with local schools and inspired young generations in construction and real estate about career opportunities.

In September 2023, Itchzko became a part of an initiative to fund The Lord’s Place Meal Mobile. The initiative was started to provide essential social services and nutritious meals to people experiencing homelessness. Every Friday, The Meal Mobile visits areas like Riviera Beach and Belle Glade. To date, it has served more than 225 residents with nutritious lunches including fresh fruit, starch, protein, and a homemade cookie. Since the launch of the initiative, it has delivered over 11,450 meals to needy people.

Itchko Ezratti’s Wife- Anna Ezratti

Itchko Ezratti is married to Anna Ezratti. The pair have raised 3 kids including Misha Ezratti, who followed Itchzko’s footsteps and currently oversees operations as the President of GL Homes. Itchzko’s daughter, Maya Ezratti is married to Andrew Rosenblum. Her wedding was organized and celebrated in Miami Beach. Details about his third kid are not disclosed. Ezrattiy family emphasizes education and philanthropic activities, and they have been engaged in various community service initiatives.

Itchko and Ezratti family have been actively engaged in various charitable activities through GL Homes. Besides their philanthropic endeavors, he and his wife, Anna have maintained a close relationship. The couple has prioritized family gatherings and has been engaged in activities that have formed strong connections among their kids.

Itchko has faced several controversies primarily related to GL Homes’ development projects in Palm Beach County. At one time, GL Homes received approval from the Palm Beach County Board of County Commissioners for their plan of development projects in Palm Beach County.

Itchko and GL Homes planned to make nearly 1,200 new houses in the Agricultural Reserve; however, their decision drew criticism from environmental advocates and various community members. They argued their plan would destroy decades of preservation efforts to prevent urban sprawl and maintain agricultural land.

Itchko Ezratti Net Worth

As of 2025, Itchko Ezratti net worth is around $700 million. He has earned whopping wealth through his successful homebuilding company, GL Homes. However, his exact salary figures as President of GL Homes are not disclosed. It is estimated his annual earning falls in the multi-million dollar range. Previously, he worked as a bank teller, where he typically earned $25,000 to $40,000 per year. The total net worth Ezratti family is now $1.9 billion

Itchzko has earned huge money by being involved in various profitable deals made through GL Homes. His company mainly specializes in luxury homebuilding which would generate him high profit margins. Over the years, GL Homes has aggressively purchased land and broadened its development projects all over Florida, which has enhanced its revenue streams.

Specific details regarding his primary residence are not publicly disclosed. Normally, his homebuilding company, GL Homes built houses in the range from $600,000 to more than $1.6 million. GL Homes executed development projects at Avenir community and the houses there are priced from $800,000 to $1.6 million. They provide luxurious amenities including smart home technologies, quartz countertops, and expansive living spaces. Considering his successful career, Itchzko might own a house that’s cost price would fall over $2 million.