Dan Gilbert Son, Wife (Jennifer Gilbert), Family, Height, Home, Bio

May 2024 · 4 minute read

Dan Gilbert understands the hard waters of business and the entrepreneurial spirit and has worked his way up to a place where he is on the list of the richest people in the world according to Forbes. The Michigan billionaire has many interests in various industries, primarily in the areas of finance, investing, and entertainment.

He founded several businesses such as the mortgage company Quicken Loans Inc. and his holding company Rock Ventures LLC. Gilbert’s portfolio also includes sports franchises such as the Cleveland Cavaliers of the NBA, the Cleveland Gladiators of the Arena Football League and the Cleveland Monsters of the American Hockey League. Apparently the businessman sees something in Cleveland.

Dan Gilbert’s bio

The billionaire was born and raised Jewish in Detroit, Michigan on January 17, 1962. There he attended Southfield-Lathrup High School and earned a bachelor’s degree from Michigan State University. It was at this time that he obtained a license allowing him to act as a real estate agent. After MSU, he began his JD at Wayne State University Law School, while working for his parents.

Dan Gilbert co-founded Rock Financial in 1985 with two of his friends and his younger brother. The company quickly became one of the largest independent mortgage lenders in the country. In 2000, Rock Financial was purchased by software company Intuit Inc. and renamed Quicken Loans. Gilbert stayed on as CEO and teamed up with a small group of investors to buy out his company in 2002. He continues to serve as chairman of the board of the mortgage lender.

The acquisition of Dan Gilbert saw him delve into the sports world. He bought the almost defunct Utah Grizzlies from the American Hockey League in 2007, then transferred them to Cleveland, before taking the name Cleveland Monsters.

At that time, he was already the majority owner of the NBA giant, the Cleveland Cavaliers, which dates back to March 2005. He carried out a complete overhaul of the team, from the coaching and player staff to the reception staff. The revamp has worked as the Cavaliers have won six Central Division championships since 2009, the most recent being in 2018, the fourth straight time they have won the championship. They also won five Eastern Conference championships and an NBA championship.

The Cleveland Monsters also won the Calder Cup, the American Hockey League’s top prize in 2016.

Dan Gilbert moved the New Mexico Thunderbirds from the G League to Canton, Ohio in 2011, he renamed the team in charge of Canton and made it an affiliate team of the Cleveland Cavaliers. In 2012, he bought the Cleveland Gladiators from the Arena Football League.

Dan Gilbert still has many other investments besides sports franchises. He owns Rockbridge Growth Equity LLC, a private equity firm with interests in various industries. He is also a lead investor in Courtside Ventures and also a non-profit company, Bizdom, which he started in 2007. Other companies in his portfolio include StockX, Horseshoe Cleveland, Greektown Superholdings Inc. and many others. .

Dan Gilbert’s family: parents, wife and son

Dan Gilbert’s parents are real estate agents. His entry into the real estate world in law school saw him work at his parents’ real estate company, Century 21 Real Estate Agency. Dan also has two half-siblings and a younger brother, Gary Gilbert, co-founder of Rock Financials in 1985.

Gilbert is married to Jennifer Gilbert and together they have five children. Gilbert is very fond of his children and has often explained that this stems from the fact that he was not close to his father. The business veteran is especially fond of his first child and son, Nick Gilbert, who was born with neurofibromatosis, a disease of the nervous system that causes tumors to grow anywhere on the body without warning.

Nick had to undergo frequent chemotherapy for about 15 years. The young man is also almost blind and must be assisted by a specialist in educational disabilities while studying at MSU.

Nick played a memorable role in place of his father for the Cleveland Cavaliers during the NBA drafts in 2011 and 2013. He is studying business at Michigan State Univesity Business School.

Dan Gilbert’s house

Gilbert has spent billions buying, renovating, and repurposing real estate in his hometown of Detroit. It is also the largest employer of labor in the city after the government. It is expected that whenever he is not investing billions, he should be able to rest and rejuvenate.

Dan Gilbert lives in the village of Franklin in Oakland County, Michigan. There, the billionaire has built a deserving home occupied by a few hectares of greenery. Not much is known about the house other than the fact that it is a massive 21 room mansion on a 5 acre lot.

Dan Gilbert’s Height

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