Stephen M. Ross

Stephen M. Ross

About Stephen M. Ross

"Stephen M. Ross (born May 10, 1940 in Detroit, Michigan) is an American real estate developer living in New York City. He is the founder, chairman and majority owner of The Related Companies, L.P., a global real estate company he formed in 1972. Related is best known for developing the Time Warner Center, where Ross currently lives and works, as well as its new $15 billion Hudson Yards Redevelopment Project. According to Forbes magazine, Ross has a net worth of $4.4 billion.
A resident of Miami Beach, Ross is also the principal owner of the Miami Dolphins and Sun Life Stadium.
Ross is a major benefactor of his alma mater, the University of Michigan; with lifetime contributions of $313 million to the university, he is the largest donor in university history. According to the Chronicle of Philanthropy, Ross's higher education gifts rank behind only billionaire New York City mayor Michael Bloomberg, who has contributed $350 million to Johns Hopkins University. The University of Michigan renamed its business school, the Ross School of Business, in Ross's honor in 2004, after Ross made a $100 million gift to fund a new business-school building. In September 2013, Ross donated $200 million to the University ($100 million to the Business School and $100 million to Michigan athletics), the largest single gift in the history of the university; the University of Michigan announced plans to rename the university's athletics campus in his honor. Ross also gave $5 million to the athletic department's academic center and $1 million to endow a professorship in real estate at the Ross School of Business"