Itzhak Ezratti & family
Source of wealth: Homebuilding
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The scale of their wealth
Health
The price of life
Let's compare Itzhak Ezratti & family's fortune with the healthcare spending of a massive country
Itzhak Ezratti & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Itzhak Ezratti & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Itzhak Ezratti & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Itzhak Ezratti & family could pay for it entirely for 0.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Itzhak Ezratti & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Itzhak Ezratti & family with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Itzhak Ezratti & family's fortune is equivalent to 13 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Itzhak Ezratti & family could buy 3,424,131 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Itzhak Ezratti & family will almost certainly have enough money left over to pay for the gas.
Biography
Itzhak Ezratti cofounded GL Homes in 1976 with his father-in-law Joseph Hanin.
GL Homes, the initials of which stands for "Good Luck," is one of Florida's largest private home builders, having completed over 36,000 homes since its founding.
Originally from Israel, Ezratti immigrated to Washington, D.C., and worked as a bank teller before moving to Florida.
GL Homes gained momentum in 1992 after Hurricane Andrew hit south Florida. That year and the year following, the company sold about 1,000 homes.
Ezratti stepped down as president of the firm in 2016 but continues to serve as chairman. His son Misha now runs GL Homes as president.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison