Stephen Ross is the Chairman and Founder of The Related Companies, a global real estate development firm. He has been involved in the real estate industry for over four decades and is responsible for the development, management and financing of some of the most prominent mixed-use projects in the United States. Ross began his career as a lawyer with Proskauer Rose LLP, where he worked on large-scale development projects in New York City.
In 1972, he left Proskauer to form his own real estate development company, The Related Companies. The first project undertaken by The Related Companies was Riverbend Apartments, a 1,000-unit low-income housing development in Far Rockaway, Queens. The Related Companies has since gone on to develop numerous other high-profile projects in New York City, including Time Warner Center, Hudson Yards and Brooklyn Bridge Park.
Ross has also been instrumental in the revitalization of neighborhoods such as Harlem and Times Square. In addition to his work in New York City, Ross has developed major mixed-use complexes in cities such as Boston, Los Angeles and Las Vegas.
Is Stephen Ross a Billionaire?
Yes, Stephen Ross is a billionaire. He is the chairman and CEO of The Related Companies, a real estate development firm. He has an estimated net worth of $4.4 billion as of March 2021.
How Did Ross Make His Money?
Ross Gellar is a character from the popular sitcom Friends. He made his money by working as a paleontologist at a museum and then later becoming a professor at NYU.
Stephen Ross Net Worth
Stephen Ross is an American businessman and sports owner. He is the chairman and CEO of The Related Companies, a real estate development firm. Ross also owns the Miami Dolphins of the National Football League (NFL).
He has an estimated net worth of $12 billion as of March 2019. Ross was born in Detroit, Michigan, on May 10, 1940. He received a bachelor’s degree in business administration from the University of Michigan in 1962.
Ross began his career as an accountant with Coopers & Lybrand (now PricewaterhouseCoopers). He later worked for investment bank Bear Stearns before starting his own firm, WCI Communities, in 1971. Ross acquired the Miami Dolphins in 2008 for $1 billion.
Under his ownership, the team has made two Super Bowl appearances: XLIV in 2010 and LVI in 2020. Ross is also a minority owner of English Premier League football club Arsenal F.C.. In addition to his sports investments, Ross is active philanthropist.
He founded The Robin Hood Foundation, an organization that combats poverty in New York City.
Stephen Ross Wife
Stephen Ross is married to Hilary Geary Ross. The couple have been married since 1995 and have three children together. Hilary is a former model and the current chairwoman of the New York Academy of Art.
She is also an accomplished philanthropist, working with numerous charities and causes. Stephen and Hilary are both very involved in their community and are known for their generosity.