$18.4B

US
· Age 85
Source of wealth: Real estate
Industry: real-estate
Residence: Palm Beach
{
"bio": [
"Real estate and sports magnate Stephen Ross was a tax attorney before founding Related Companies in 1972 as an affordable housing developer.",
"In all, Related has developed or acquired more than $60 billion worth of properties of all kinds from California to Abu Dhabi to London.",
"After a decade of planning and construction, Related Co.'s Hudson Yards on Manhattan's west side opened to the public in March 2019.",
"In July 2024, Ross formed a new real estate firm, Related Ross, in West Palm Beach, Florida.",
"Ross also owns a stake in the Miami Dolphins NFL team and the Formula One Miami Grand Prix, plus stakes in Equinox Fitness and SoulCycle.",
"In December 2024, he sold a 13% stake in the Dolphins, the Miami Grand Prix and the Miami Open to Ares Management and the owners of the NBA's Brooklyn Nets at an $8.1 billion valuation."
],
"about": [
"The single largest donor to alma mater University of Michigan, Ross has given a total of $480 million, including $100 million announced in February 2020.",
"Ross' uncle, oil tycoon Max Fisher, was on The Forbes 400 for 23 years until his death in 2005."
]
}