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Daniel Gilbert (born January 17, 1962) is an American billionaire, businessman, and philanthropist. He is the co-founder and majority owner of Rocket Mortgage, founder of Rock Ventures, and owner of the National Basketball Association 's Cleveland Cavaliers.
4 days ago · Dan Gilbert cofounded what would become Quicken Loans, the largest mortgage lender in the U.S., in 1985 at 22 years old. Gilbert took Quicken public as Rocket Companies in August 2020....
- Pioneer of Tech-Powered Mortgage
- Sports Franchises
- Dan Gilbert in The Billionaire’s Club
- Money For Medical Research, Urban Rejuvenation and Community Support
- Criticism of Dan Gilbert
- Health Scare and Delegating Responsibilities
Gilbert comes from a proud line of Jewish businessmen. His dad had a bar in Detroit and his grandfather a car wash. “I used to love going down to their businesses and just watching all the action. I got hooked,” he said. “For me it was just the energy and the environment. Even a car wash has good energy if you just lay back and look at everything g...
Gilbert became majority owner of the Cleveland Cavaliers basketball team in March 2005. He undertook a complete overhaul of the front office, coaching staff, player personnel and game presentation. Two years later, he bought the dormant Utah Grizzlies American hockey league franchise, moved it to Cleveland, and renamed it the Cleveland Monsters. He...
Dan Gilbert enjoyed a brief spell as the world’s 10th-richest person in March 2021. Rocket companies’ shares rose 71 percent in March, following a GameStop-like squeeze of the firm’s heavily-shorted stock. Gilbert’s net worth jumped almost $33bn — but the very next day his fortune plunged by $25.4bn. Despite the sharp decline, the stock ended up 30...
In September 2012, the Detroit native and his wife, Jennifer, joined The Giving Pledge, committing to giving half their wealth to philanthropic causes during their time on Earth. They sold a chunk of their Rocket Companies stock in April 2021 to support Detroit’s neighbourhoods. The transaction involved 20.2 million shares of Rocket Companies’ clas...
The family has come under fire, with some saying that it has donated just a fraction of the enormous wealth acquired through tax breaks and the city’s willingness to virtually give-away real estate to Gilbert for redevelopment. The billionaire entrepreneur has redeveloped so much of Motor City real estate that downtown Detroit is known as “Gilbertv...
Dan Gilbert made an appearance at Forbes’Under-30 Summit in October 2021, where he opened up about the stroke he suffered in 2019. “It was a big shot out of nowhere,” he said. “They usually are that way.” The Rocket Companies chairman uses a wheelchair and a service dog to help navigate this new phase of his life. He spends three or four hours a da...
3 days ago · Dan Gilbert was born in a Detroit suburb on Jan. 17, 1962, the son of a bar owner. He studied at Michigan State University and completed his law degree at Wayne State University.
May 7, 2023 · Nick Gilbert, familiar to NBA fans as the Cleveland Cavaliers' representative at the draft lottery, died Saturday from a genetic condition. He was 26.
Mar 23, 2021 · Dan remains in a wheelchair from his May 26, 2019, stroke, convalescing over the winter in Florida, and has not been to a game since the stroke. The 59-year-old billionaire, mortgage and real...
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Aug 20, 2020 · Two weeks after taking the company — formerly known as Quicken Loans — public, the $4.5 billion stock gain Thursday makes Gilbert, 58, now worth $49.6 billion, the 21st richest person in the...
