Live Interview With Related Ross CEO Stephen Ross

Watch on YouTube ↗ | January 15, 2026 at 09:42 | 45:30 | Bloomberg Markets

Speakers

Stephen Ross — CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins

Summary

Stephen Ross, CEO of Related Ross and owner of the Miami Dolphins, spoke with Bloomberg’s Caroline Gage about South Florida’s development outlook, arguing Palm Beach County can become a major business and tech hub. He highlighted infrastructure investments in education, healthcare, workforce housing, defense tech, and sports entertainment, and said NFL franchise values should keep rising on media-rights demand. He also warned that New York City’s new mayor could damage its business climate.

Ross is bullish on Palm Beach County and South Florida, citing business migration from high-tax, high-regulation states.
He is developing office, education, healthcare, housing, and entertainment infrastructure to support growth.
He sees defense technology and startup/venture activity as key future growth drivers.
He says affordable and workforce housing is essential for continued expansion.
He built Hard Rock Stadium into an entertainment hub with tennis, F1, and other events.
NFL franchise values should keep rising due to media rights and private-equity demand.
He is negative on New York City’s business climate under the new mayor.
He declined to discuss the Dolphins’ coaching search and said the team will stay in the family.

Ideas

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 1:46

Palm Beach County real estate to boom.

Ross believes Palm Beach County will become one of the most important U.S. counties and the next Silicon Valley. He argues businesses, venture capital, and startups are leaving California and New York for Florida because of lower taxes, lighter regulation, lower costs, and better quality of life. He is building office, education, healthcare, housing, and entertainment infrastructure to attract corporate relocations, which should support Palm Beach County and South Florida commercial real estate.

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 2:17

South Florida tech hub to grow.

Ross says South Florida can become the next Silicon Valley because tech investors and venture capitalists are leaving California due to restrictions, taxes, and costs, and because Vanderbilt’s engineering and AI programs can supply talent and attract startups. He sees an environment that encourages startups and young people as key to future growth.

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 6:35

New York City business climate at risk.

Ross warns that New York City under the new mayor could suffer like San Francisco because the mayor's policies are not good for business, and damage to a city's business climate and reputation can take years to reverse.

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 10:37

South Florida defense tech will grow.

Ross says South Florida already hosts three of five major military commands, Vanderbilt has a defense-tech program, and a Vanderbilt/AWS defense technology conference is coming. He expects defense technology to be a major growth factor for Palm Beach County.

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 16:31

Workforce housing demand remains strong.

Ross says affordable and workforce housing is a major national issue and a prerequisite for South Florida growth. As one of the largest owners of affordable housing, he has sites and believes more for-sale and rental workforce housing must be built to support corporate relocation and population growth.

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 20:24

South Florida sports entertainment hub growing.

Ross has built Hard Rock Stadium into a broader South Florida entertainment hub by bringing the Miami Open tennis tournament, Formula 1, concerts, and other events. He says these events generate over $100 million a year in regional benefits and make South Florida more attractive to residents and tourists.

Stephen Ross CEO and Chair, Related Ross; Founder, Related Companies; Owner, Miami Dolphins 26:13

NFL franchise values keep rising.

Ross says NFL franchise values will keep rising because sports media rights are uniquely valuable, demand is strong, football is more popular than all other U.S. sports combined, and competition from Amazon, Netflix, and networks keeps pushing rights prices higher. He keeps the Miami Dolphins in the family, controls the team, and says he has been offered close to $15 billion, showing scarcity and private-equity demand support valuations.

Up Next

중동으로 향한 미 항모… 하메네이 운명, 드디어 끝나나 / 이란 사태 확대는 재앙, 커지는 트럼프의 고민ㅣ고려대 서상현 연구위원

815 Money Talk (815머니톡) · Jan 15

Astronauts Return to Earth Following Medical Issue on ISS

Bloomberg Markets · Jan 15

How to Make Money From the Booming Demand for Energy | Odd Lots

Bloomberg Odd Lots · Jan 15

반도체 질주…韓 EPS 증가율 세계 1위

Chesley Investment Advisory (체슬리투자자문) · Jan 15

Precious Metals Have Rallied Too Quickly: 3-Minutes MLIV

Bloomberg Markets · Jan 15

This Bloomberg Markets video, published January 15, 2026, features Stephen Ross discussing Palm Beach County commercial real estate, South Florida commercial real estate, South Florida technology sector, New York City commercial real estate, Defense technology, South Florida defense technology, Workforce housing, Affordable housing, South Florida sports and entertainment, Miami Dolphins, NFL franchises. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Stephen Ross · Tickers: Palm Beach County commercial real estate, South Florida commercial real estate, South Florida technology sector, New York City commercial real estate, Defense technology, South Florida defense technology, Workforce housing, Affordable housing, South Florida sports and entertainment, Miami Dolphins, NFL franchises