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5 days ago · Biography. 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. He ...
4 days ago · Daniel Gilbert. Reflects change since 5 pm ET of prior trading day. Dan Gilbert cofounded what would become Quicken Loans, the largest mortgage lender in the U.S., in 1985 at 22 years old. Gilbert ...
Awards. 2016 NBA Champion. 2016 Calder Cup Champion. 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.
Dan Gilbert ranked at No. 230 on Forbes’ World’s Billionaires list, published in April, far lower than the position he now holds on Forbes’ Real-Time Billionaires list. He owns 95% of Rocket Companies’ stock, which means that a small movement in the stock price can have an outsized impact on the value of his stake.
- What Is Dan Gilbert's Net Worth and Salary?
- Early Life
- Quicken Loans
- Rocket IPO
- Sports Franchise Ownership
- Personal Life
- Philanthropy
- Awards and Honors
- Real Estate
Dan Gilbert is an American self-made entrepreneur who has a net worth of $32 billion. Dan Gilbert earned his fortune as the founder and CEO of Quicken Loans (originally called Rock Financial). The company's name was changed after it was purchased by Intuit Inc., the company that also created QuickBooks and TurboTax. Quicken Loans now operates under...
Dan Gilbert was born Daniel Gilbert on January 17, 1962, in Detroit, Michigan. He grew up in a Jewish household in Southfield, Michigan, and attended Southfield-Lathrup High School and Michigan State University. After earning his bachelor's degree, Dan enrolled at Wayne State University Law School, earned a Juris Doctor, and became a member of the ...
In 1985, a 22-year-old Dan Gilbert saw a huge opportunity in the growing mortgage origination industry. Seizing this opportunity, Gilbert set up a small mortgage company that he called Rock Financial. He founded the company with Ron Berman, Lindsay Gross, and his younger brother, Gary Gilbert. The company eventually turned out to be a huge success,...
In August 2020, Rocket Companies went public on the New York Stock Exchange. In its first few hours of trading the share price jumped 20% and the company's market cap topped $38 billion. Dan owns 95% of Rocket's equity which mean at that level his stake was worth $36.5 billion. He sold $1.8 billion worth of his shares at the IPO. When combined with...
Dan became the majority owner of the Cleveland Cavaliers in 2005 for $375 million. Two years earlier, the team had drafted a local high school superstar by the name of LeBron James. Gilbert hired a new head coach and a new general manager soon after acquiring the team, and the Cavs went on to make five straight playoffs from 2006 to 2010. LeBron fa...
Dan and his wife, Jennifer, have five children; their oldest, Nick, had brain surgery when he was 10 years old and has undergone chemotherapy several times due to a condition called neurofibromatosis. In May 2019, Gilbert spent several days in the hospital after suffering a stroke and was later moved to a Chicago in-patient rehab facility, where he...
In 2012, Dan and Jennifer signed The Giving Pledge, a "commitment to give away 50% of their wealth or more during their lifetimes or upon their death" that was launched by Warren Buffett and Bill and Melinda Gatesin 2010. Inspired by his son's neurofibromatosis diagnosis, Gilbert founded Neurofibromatosis research clinics at Washington, D.C.'s Chil...
Quicken Loans has won the JD Power Highest Customer Satisfaction Award 17 times and has also been named one of the "Fortune" 100 Best Companies to Work For 17 times. In 2016, the Cleveland Cavaliers were NBA champions and won the Best Team ESPY Award, and the Cleveland Monsters won the Calder Cup.
In 2020, Golden Crate LLC, which is linked to Gilbert, purchased two Palm Beach mansions. The LLC paid $24.5 million for an 11,000 square foot estate and $18.75 million for a 5,000 square foot home.
- Celebrity Net Worth
Mar 26, 2021 · RKT. Detroit billionaire Dan Gilbert is investing $500 million over the next 10 years in revitalizing Detroit's neighborhoods. With a net worth of roughly $47 billion, Gilbert is one of the 30 ...
May 8, 2021 · T. he S&P 500 index rose Thursday and Friday to close the week at a record high, but not every billionaire reaped the rewards during the heart of earnings season. Billionaire Dan Gilbert’s net ...
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