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#120 Billionaire

Stephen Ross

Stephen Ross
$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." ] }

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