Stephen Ross
Stephen Ross Net Worth: Stephen Ross is an American real estate developer, philanthropist and sports team owner who has a net worth of $7.6 billion. Born Stephen M. Ross on May 10, 1940 in Detroit, Michigan, he is best recognized for being the chairman and majority owner of The Related Companies. Based in New York City, it is a global real estate development firm that Ross set up in 1972. He owes most of his net worth to the success of Related Cos. that cemented its status as a leader in real estate with the development of the Time Warner Center. The company went on to prove its excellence further pushing forward with the new Hudson Yards Redevelopment mega project estimated at $15 billion. Furthermore, Stephen Ross is actively working on the Related Companies’ global expansion with plans to put in $1 billion in Brazil over the next couple of years, as well as to frame a compound in Riyadh, Saudi Arabia and to team up with Gulf Capital on two dual-use developments on the Sowwah Island, Abu Dhabi. Apart from the above, he appears to be the main benefactor of his alma mater, the University of Michigan, and the key owner of the Miami Dolphins and Sun Life Stadium. Married with four children, Ross unsurprisingly resides at the Time Warner Center, NY.
Ross is chairman of Related Cos., a closely held New York real estate developer. The company, which is building Manhattan’s Hudson Yards, has interests in more than 400 properties that have a total value of more than $40 billion as of October 2018. The billionaire also owns gym chain Equinox and 95 percent of the Miami Dolphins.