Daniel Gilbert
$23.0B
Born
Jan 17, 1962
Age
63
Source of Wealth
Rocket Mortgage
Residence
Franklin, Michigan
Citizenship
United States
Marital Status
Married
Children
5
Education
Bachelor of Arts/Science, Michigan State University; LLB, Wayne State University
- 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. Rocket originated $79 billion in mortgages in 2023.
- He owns the NBA's Cleveland Cavaliers.
- He and his companies have invested $5.6 billion to purchase and rehab a swath of buildings in downtown Detroit, with a plan to create 24,000 jobs.
- 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.
| Exchange | Ticker | Company Name | Number Of Shares | Share Price | Currency Code |
|---|---|---|---|---|---|
| NYSE | RKT-US | Rocket Companies | 1,368,457,291 | 12.34 | USD |