|Net Worth:||$7.7 Billion|
|Date of Birth:||May 10, 1940 (82 years old)|
|Nationality:||United States of America|
What is Stephen Ross’s net worth? How does Stephen Ross make his money? Below is the current net worth of Stephen Ross and how Stephen Ross makes his money.
What is Stephen Ross’s Net Worth?
Stephen Ross is an American real estate developer, economist, philanthropist, and sports team owner who has a net worth of $7.7 billion. He has generated wealth and affluence through his various endeavors, but his primary source of wealth stems from him being the main owner of Related Companies, a global real estate development company best known for creating the Time Warner Center and Hudson Yards in New York. Stephen M. Ross was born on May 10, 1940, in Detroit, Michigan. Additionally, Stephen is the main proprietor of the Miami Dolphins.
Stephen took out a $10,000 loan from his mother in 1972 so he could quit his job and launch a real estate consulting company. Stephen Ross was eventually successful in protecting wealthy investors’ revenue by developing federally subsidized, reasonably priced housing. He established The Related Companies the following year to put his personal money into real estate. Today, the company manages more than $15 billion in real estate assets and has offices across the world.
The Related Companies have owned the exclusive health club Equinox Fitness since 2006. Stephen Ross is a member of Equinox’s board of directors.
Ross co-founded RSE Ventures in 2012, a private equity company with a sports and entertainment specialty. RSE has investments in a wide range of businesses today, including Vayner Media and the Drone Racing League.
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