Age, Biography and Wiki
Who is it? | Economist |
Birth Day | May 10, 1940 |
Birth Place | United States |
Age | 83 YEARS OLD |
Birth Sign | Taurus |
Net Worth: | $7.7 Billion |
Gender: | Male |
Last Updated: | 2020 |
Net worth: $11.6 Billion (2024)
Stephen is also the principal owner of the Miami Dolphins.
In 1972 Stephen borrowed $10,000 from his mother to allow him to quit his job and start a real estate advisement business. He quickly found success helping wealthy investors shelter income by developing federally subsidized affordable housing. That same year he launched The Related Companies to invest his own income into real estate. Today the company has offices around the globe and manages more than $15 billion in real estate assets. With 5,000 rental units, the Related Co is NYC's largest owner of luxury rentals.
Since 2006, the luxury health club Equinox Fitness has been a subsidiary of The Related Companies. Stephen Ross sits on the board of Equinox.
In 2012, Ross co-founded RSE ventures, a private equity firm focused on sports and entertainment. Today RSE has stakes in everything from Vayner Media to the Drone Racing League.
Stephen through one of his ventures also owns stakes in the following brands:
Soul Cycle, Bluestone Lane coffee, &pizza, Momofuku, Milk Bar, Blink Fitness, Pure Yoga, the Miami Open, feminine product company Lola and more.