Stephen Ross | |
|---|---|
 Ross in 2012 | |
| Born | Stephen Michael Ross May 10, 1940 |
| Alma mater | University of Michigan (BBA) Wayne State University (JD) New York University (LLM) |
| Occupation(s) | Non Executive Chairman of Related Companies, 95% owner of Miami Dolphins |
| Known for | Developing the Deutsche Bank Center and the Hudson Yards |
| Children | 2 |
| Relatives | Max Fisher (uncle) |
|
American football career | |
| Miami Dolphins | |
| Position: | Owner |
| Career history | |
| As an executive: | |
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Stephen Michael Ross (born May 10, 1940) is an American real estate developer, philanthropist, and sports team owner. Ross is the chairman of Related Companies, a global real estate development firm he founded in 1972. Related is best known for developing the Deutsche Bank Center, as well as the Hudson Yards Redevelopment Project. Ross has a net worth of $10.1 billion in 2020, ranking him 185 on Forbes Billionaires List in 2020.[1][2] He is still featured on the list as of 2023.[3] Ross is also the principal owner of the Miami Dolphins and Hard Rock Stadium.[4]
Ross is a major benefactor of his alma mater, the University of Michigan; with lifetime contributions of $478 million to the university, he is the largest donor in the university's history.[2][5] According to the Chronicle of Philanthropy, his higher education gifts rank behind only those of fellow American billionaire New York City mayor Michael Bloomberg.[5][6] The University of Michigan renamed its business school to the Ross School of Business in Ross's honor, in 2004, after he made a $100 million gift to fund a new business-school building.[7][8] The Stephen M. Ross Academic Center was completed in winter 2006. 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.[5] In 2020, Ross announced an additional $100 million donation to kickstart fundraising for the construction of the University of Michigan Detroit Center for Innovation.[9]
- ^ Carl Swanson (February 18, 2019). "The Only Man Who Could Build Oz How Stephen Ross outmaneuvered, outspent, out-leveraged, and out-sweet-talked his way into the Hudson Yards deal". Intelligencer. Retrieved September 8, 2023.
- ^ a b Kellie Woodhouse, Stephen M. Ross gives University of Michigan record $200M (September 4, 2013), AnnArbor.com.
- ^ Glanzer, Ted (2023-04-09). "Real Estate Billionaires on Forbes' 2023 List". The Real Deal. Retrieved 2023-08-21.
- ^ Stephen Ross Buys Ownership of the Miami Dolphins Archived 2009-01-21 at the Wayback Machine SI.com, January 20, 2009
- ^ a b c David Jesse, U-M receives record-setting $200-million donation from Stephen Ross, Detroit Free Press (September 4, 2013).
- ^ $1.1 Billion in Thanks From Bloomberg to Johns Hopkins. Retrieved on 2013-11-12.
- ^ Why Change the Name of the School? | Stephen M. Ross – University of Michigan Business School Archived 2011-09-28 at the Wayback Machine. Retrieved on 2012-03-22.
- ^ About the Gift | Stephen M. Ross – University of Michigan Business School Archived 2011-04-25 at the Wayback Machine. Bus.umich.edu. Retrieved on 2012-03-22.
- ^ University of Michigan Press Office (2020-02-27). "Stephen Ross announces $100 million gift to Detroit Center for Innovation" (Press release). Ann Arbor, MI: University of Michigan. Retrieved 2021-08-11.