Dan Gilbert Net Worth

How much is Dan Gilbert Worth?

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Dan Gilbert Net Worth
Net Worth:
$4.2 Billion
Date of Birth
January 17, 1962
Place of Birth
Detroit
Profession
Entrepreneur, Businessperson, Investor

Dan Gilbert Net Worth: Dan Gilbert is an American self-made entrepreneur who has a net worth of $4.2 billion dollars. Dan Gilbert earned his fortune as the founder and CEO of Quicken Loans. He also famously is owner of the NBA's Cleveland Cavaliers and the American Hockey League team the Lake Erie Monsters. Quicken Loans was originally called Rock Financial. Gilbert launched the company with his brother and some childhood friends. The company's name was changed after it was purchased by Intuit, Inc, the company that also created Quicken and TurboTax. Gilbert continues to serve as company Chairman. Daniel Gilbert was born on January 17, 1962, in Detroit, Michigan. He started his career back in 1985, when Gilbert saw a huge opportunity in the growing mortgage origination industry. Seizing this opportunity, Gilbert set up a small mortgage company called Rock Financial, along with Ron Berman, Lindsay Gross and his younger brother, Gary Gilbert. The company eventually turned out to be a huge success. In 1999, Gilbert sold Rock Financial to Intuit for $532 million. Three years later, Gilbert purchased his company back for $64 million. Today Quicken Loans is nation's largest online lender, as it is anticipated to issue $80 billion in loans this year alone. In 2010, Quicken Loans moved its headquarters and 1,700 of its employees to downtown Detroit to help revitalize the city. In addition, Gilbert has made several other major investments in the bankrupt city of Detroit, including his recent $600 million purchase of Greektown Casino and Hotel. Gilbert is also the majority owner of the NBA's Cleveland Cavaliers, the AHL's Lake Erie Monsters, the AFL's Cleveland Gladiators, as well as the NBA Development League's Canton Charge. Furthermore, he serves as operator of the Quicken Loans Arena in Cleveland, Ohio and chairman of Rock Gaming, which opened its first Horseshoe Casino in downtown Cleveland in May 2012.

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Dan Gilbert

Dan Gilbert

Daniel "Dan" Gilbert is the chairman and founder of Rock Ventures and Quicken Loans Inc., the majority owner of the National Basketball Association's Cleveland Cavaliers, the American Hockey League's Lake Erie Monsters, the Arena Football League's Cleveland Gladiators and th...
Profession
Date of Birth
  • January 17, 1962
Nicknames
  • Daniel "Dan" Gilbert
  • Daniel Gilbert
Height
  • 5 ft 6 in (1.68 m)
Nationality
  • United States of America
Country
  • United States of America
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