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Billionaire Profile
E
Global Rank
#2763

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 April 20, 2026
0% (24h)
Age
76
Source
Homebuilding
Industry
Diversified
Citizenship
CANADA

Biography

Elly Reisman is a prominent Canadian real estate developer, co-founder, and Chairman of Great Gulf Homes. Born in 1950, Reisman has significantly shaped the residential real estate sector through his leadership and strategic vision. His career is rooted in the construction and property development sector of Toronto. With a net worth estimated at $1.4 billion, Reisman's wealth stems from his successful homebuilding ventures and shareholdings in related companies like Ashton Woods Homes. His commitment to architectural excellence led to the construction of iconic projects, solidifying his reputation as a leader in the industry. His wife, Dragana Maznic, is a successful interior designer.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Elly Reisman was born in 1950 and his career began in the construction and property development sector of Toronto. Reisman, along with his brother, co-founded Great Gulf Homes in 1975.

Rise to Success

Through Elly Reisman's leadership, Great Gulf Homes has constructed more than 80,000 homes across North America. The company is known for its award-winning developments, including the One Bloor tower in Toronto, a landmark mixed-use development. The company has over 1,500 employees. The Reisman family also holds shares in Ashton Woods Homes, a US-based home builder.

Key Business Strategies

Great Gulf's success is attributed to a vertically integrated model encompassing design, construction, and sales. This has enabled the company to maintain quality control and responsiveness in the market. Reisman's strategic vision and focus on architectural excellence have been crucial to the company's growth and its ability to undertake complex urban projects.

Philanthropy

Elly Reisman and his wife, Dragana Maznic, are known for their philanthropy. Recently, Reisman made a gift to support new generations of surgeon-scientists at the University of Toronto's Temerty Faculty of Medicine.

Career Milestones

1975

Co-founded Great Gulf Homes

Co-founded Great Gulf Homes with his brother, which became a major player in residential real estate.

2013

Director of Ashton Woods Homes

Became a director of Ashton Woods Homes.

Philanthropy & Social Impact

Education

The George and Ruth Reisman Family Scholarships

$XB

Supports new generations of surgeon-scientists at the University of Toronto's Temerty Faculty of Medicine.

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