Stephen Ross
Overview
- Source of Wealth
- Real estate
- Industry
- Real Estate
- Residence
- Palm Beach, Florida
- Education
- New York University (Master of Laws)University of Michigan (Bachelor of Arts/Science)Wayne State University (Doctor of Jurisprudence)
- Marital Status
- Married
- Children
- 4
Biography
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.