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Stephen Ross

Stephen Ross

S. Ross
-7.76% | - $-1.43B
$16.98 B ₹ 1.54 Lk Cr
Real Time Net Worth #163 Ranking as of 21 Feb 2026 By Forbes

More on Stephen Ross

Gender

Male

Age

85Y

Country

United States

Born On

May, 1940

Deceased

No

Relationship Status

Divorced

Children

4

Education

University Of Michigan - BBA

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

The Related Companies

Titles

Founder & Chairman

Sources of Wealth

The Related Companies, Miami Dolphins

Industry

Real Estate, Sports, Construction, Investments

About Stephen Ross


S tephen M. Ross is a self-made American real estate developer, philanthropist, and sports team owner. He is the founder and chairman of The Related Companies, one of the most prominent privately owned real estate firms in the United States. A tax attorney by training, Ross started his business in the 1970s by focusing on the development of affordable housing projects by leveraging federal tax credits. He later pivoted to large-scale, high-profile, and complex mixed-use urban developments, which became his signature.

His most notable projects have dramatically reshaped the skyline of New York City, including the Time Warner Center and, most significantly, Hudson Yards, the largest private real estate development in U.S. history. Beyond real estate, Ross is the principal owner of the Miami Dolphins of the National Football League (NFL) and the Hard Rock Stadium. He is also one of the country's most significant philanthropists, having given hundreds of millions of dollars to his alma mater, the University of Michigan, where the business school is named in his honor.

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Quick Reads


  • Founder and Chairman of real estate giant The Related Companies.
  • Developer of the massive Hudson Yards project in New York City.
  • Principal owner of the NFL's Miami Dolphins.
  • Started his career developing affordable housing.
  • A major philanthropist, particularly to the University of Michigan.

Early Life and Background


Stephen 'Steve' M. Ross is an American businessman, the self-made billionaire Founder and Chairman of The Related Companies, a massive real estate development and property management firm specializing in luxury, large-scale urban projects. His career is rooted in law, finance, and entrepreneurial audacity.

Ross holds a B.A. from The University of Michigan, a J.D. Law degree from Wayne State University Law School, and an LL.M. in Taxation from NYU Law School. His philosophical approach centers on scale, vertical integration (controlling everything from construction to management), and long-term asset hold in prime urban real estate (pioneering mega-development projects). He is the Controlling Owner of the Miami Dolphins (NFL).

  • The Related Companies (Founder & Chairman): The core private asset, a major developer of luxury residential, commercial, and mixed-use properties (e.g., Hudson Yards in New York City).
  • Miami Dolphins (NFL) (Controlling Owner): The National Football League franchise he acquired a controlling stake in 2009.
  • Real Estate Apex: His success is built on scale development and dominating the market for high-end, complex urban renewal projects (a major structural contribution to city skylines).
  • Philanthropy: He is a major donor to The University of Michigan (committing $300 million).

Career Journey of Stephen Ross


Stephen Ross's strategic genius was his commitment to high-density, complex urban development. He founded The Related Companies in 1972, successfully building it into a global powerhouse by specializing in large-scale, transformative urban projects. His structural contribution is immense: pioneering the mega-development model in New York City (e.g., Hudson Yards, the largest private real estate development in U.S. history).

His public focus shifted to sports ownership in 2009 when he acquired a controlling stake in the Miami Dolphins (NFL). His structural contribution is tied to providing foundational stability to the franchise and driving urban revitalization in cities where he builds. His wealth is secured by the colossal, long-term, stable appreciation and cash flow generated by his vast global real estate portfolio.

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Stephen Ross's Timeline


1972:

Founds The Related Companies (Founding).

1988:

Donates a major sum to The University of Michigan Business School (Philanthropic Milestone 1).

2009 (January):

Acquires a controlling stake in the Miami Dolphins (NFL) (Sports Acquisition/Apex).

2019:

Hudson Yards (the massive urban development) opens (Real Estate Apex).

Ongoing:

Continues as Founder and Chairman of The Related Companies and Controlling Owner of the Dolphins (Executive Oversight).

Major Business Ventures and Investments


Stephen Ross's wealth is concentrated in his founding equity and continued executive leadership of the private real estate giant, The Related Companies, and his sports assets.

  • The Related Companies (Founder & Chairman): The core private asset, a major developer of luxury residential, commercial, and mixed-use properties (e.g., Hudson Yards in New York City).
  • Miami Dolphins (NFL) (Controlling Owner): The National Football League franchise he acquired a controlling stake in 2009.
  • Academic Background: He holds an LL.M. from NYU Law School and an MBA (from a related source).
  • Real Estate Apex: His success is built on scale development and dominating the market for high-end, complex urban renewal projects.

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Philanthropy and Social Impact


Stephen Ross's social impact stems from The Related Companies' role in providing essential housing and commercial infrastructure in major U.S. cities, most notably the transformative Hudson Yards project in NYC. He is a major donor to The University of Michigan (funding the Ross School of Business) and supports educational and cultural initiatives, demonstrating a significant commitment to higher education.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Stephen Ross maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes real estate sector.

Residing in New York City and Palm Beach, Florida, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic planning, and sports management.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder of The Related Companies (real estate) and Controlling Owner of the Miami Dolphins (NFL).
  • He is the mastermind behind Hudson Yards, the largest private real estate development in U.S. history.
  • He committed $300 million to The University of Michigan (his alma mater).
  • He holds a J.D. Law degree and an LL.M. in Taxation.
  • His fortune is tied to the long-term, massive appreciation of prime urban real estate values.
  • His philosophy emphasizes scale, vertical integration, and urban revitalization.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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