Daniel Gilbert
$24.1B
Born
Jan 17, 1962
Age
64
Source of Wealth
Rocket Mortgage
Residence
Franklin, Michigan
Citizenship
United States
Marital Status
Divorced
Children
5
Education
Bachelor of Arts/Science, Michigan State University; LLB, Wayne State University
- Dan Gilbert cofounded what would become Rocket Mortgage, the second-largest mortgage lender in the U.S., in 1985 at 22 years old.
- Gilbert took the firm public as Rocket Companies in August 2020. Rocket originated $101 billion in mortgages in 2024.
- He owns the NBA's Cleveland Cavaliers.
- He and his companies have committed more than $7 billion to acquiring and restoring more than 100 properties in downtown Detroit and Cleveland.
- Gilbert also cofounded online sneaker sale platform StockX, which became a unicorn in June 2019.
- Gilbert started his mortgage lender, then named Rock Financial, with $5,000 earned from selling pizzas in college.
- Gilbert sold Rock Financial to Intuit for $532 million in 1999. He bought the firm, then renamed Quicken Loans, back 3 years later for $64 million.
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