Rank #113
Daniel Gilbert
Net worth $23.5B
Rocket Mortgage · United States
- Born
- Jan 17, 1962
- Age
- 64
- Source
- 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
Net worth over time
Biography
- 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.
Financial assets
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