Stephen Ross has been in two marriages that eventually hit the rocks. His first wife is not mentioned anywhere. There is no record or information about her.
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However, his immediate ex-wife is Kara Ross, an American jewelry designer.
In 2003, she married billionaire real estate developer Stephen M. Ross.
They reside in New York with her two daughters from a previous marriage to Jonathan McCann, Jennifer and Kimberly.

Image Source: washingtonpost.com
Stephen also has two of his own children, Avery and Drew from his first marriage. In April 2021, it was made public that the couple was divorcing after 18 years of marriage.
Ross currently serves on the 2012-2013 Board of Directors of Georgetown University.
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Kara Gaffney grew up in the Main Line town of Malvern, Pennsylvania, one of the five children of a surgeon, Edmund Gaffney and his wife, Barbara.
She designed her first piece of jewelry when she was thirteen from a tourmaline gemstone she acquired during a family safari in Africa.
She attended the exclusive Agnes Irwin School in Rosemont, Pennsylvania with fashion designer Tory Burch (they remain friends today) and her first job was at Ann Taylor in the King of Prussia mall.
She graduated from Georgetown University with a major in English and a minor in art history and interned at several local public relations agencies as well as CNN.
She then moved to New York City where she accepted a position in advertising sales with Harper’s Bazaar in Manhattan.
In 2008, Ross won the Fashion Group International Rising Star Accessories Award. In 2012, she was pronounced the Design Award Winner by the Women’s Jewelry Association.


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