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Rank #107
Daniel Gilbert
$15360.4B
Franklin, Michigan, United States
Finance & Investments
Biography
Dan Gilbert cofounded what would become Quicken Loans, the largest mortgage lender in the U.S., in 1985 at 22 years old.
Quicken, which originated $320 billion in mortgages in 2020, went public as Rocket Companies in August 2020 at a $36 billion valuation.
He also 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.
He also cofounded online sneaker sale platform StockX, which became a unicorn in June 2019 and is now valued at $3.8 billion.
Financial Assets
Rocket Companies
NYSE: RKT-USShares: 1,479,324,000