Stephen M. Ross

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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 Deutsche Bank Center, as well as the Hudson Yards Redevelopment Project. Ross had a net worth of $10.1 billion in 2020, ranking him 185 on Forbes Billionaires List in 2020. In 2026, his net worth was listed as $17 billion and he was ranked #59 on the Forbes list. Ross is also the principal owner of the Miami Dolphins and Hard Rock Stadium. 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. According to the Chronicle of Philanthropy, his higher education gifts rank behind only those of fellow American billionaire New York City mayor Michael Bloomberg. 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. The Stephen M. Ross Academic Center was completed in January 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. In 2020, Ross announced an additional $100 million donation to kickstart fundraising for the construction of the University of Michigan Detroit Center for Innovation.