Billionaire Profile
E
Global Rank
#2608

Image: Atha, Roberto J. | Public domain | via Wikimedia Commons

Elly Reisman

CEO, Homebuilding
CANADA
Real-Time Net Worth
$1.408B
Estimated based on Homebuilding stock value as of March 6, 2026
0% (24h)
Age
76
Source
Homebuilding
Industry
Construction & Engineering
Citizenship
CANADA

Biography

Elly Reisman, a prominent figure in the Canadian homebuilding industry, co-founded Great Gulf Homes in 1975. His career spans over four decades, marked by significant contributions to the construction of over 80,000 homes across North America. Reisman's wealth source stems primarily from his involvement in homebuilding. As of 2024, his estimated net worth is 1.4 billion dollars, solidifying his position among the world's wealthiest individuals. Reisman's success reflects strategic business acumen and a commitment to quality, contributing to his enduring impact on the real estate sector.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Elly Reisman was born in 1950. Not much is available about his early life.

Rise to Success

Elly Reisman co-founded Great Gulf Homes in Toronto in 1975 with his brother. Great Gulf Homes has built over 80,000 homes across North America. The company has been recognized for its award-winning designs and contributions to the real estate sector. In 2013, Reisman became a director of Ashton Woods Homes, a privately held homebuilder where he is a major shareholder. His significant stake in Ashton Woods further amplified his wealth and influence in the homebuilding market.

Key Business Strategies

Reisman's success is built on a foundation of strategic vision and operational excellence. His ability to identify market opportunities and adapt to changing trends has been crucial. Moreover, Great Gulf Homes' focus on quality construction and innovative design has set it apart in the competitive homebuilding industry. Reisman’s leadership in Great Gulf Homes and his investment in Ashton Woods Homes have demonstrated his capacity to manage and grow substantial real estate ventures.

Philanthropy

There is information available about Reisman's philanthropy.

Career Milestones

1975

Cofounded Great Gulf Homes

Co-founded Great Gulf Homes, a Toronto-based homebuilding company.

2013

Director of Ashton Woods Homes

Became a director and shareholder of Ashton Woods Homes.

Philanthropy & Social Impact

Education

HESEG Foundation

$0

Provides educational scholarships for soldiers who served in the Israeli Defence Forces. *Note: There is controversy surrounding this foundation, and the exact amounts are not available.*