Dan Gilbert Biography
Dan Gilbert is an American billionaire businessman who is the founder of Quicken Loans and Rock Ventures.
He owns several sports franchises which include the American Hockey League’s Cleveland Monsters, the NBA G League’s Canton Charge and the Arena Football League’s Cleveland Gladiators.
He is the chairman of JACK Entertainment which was formerly known as Rock Gaming and which opened its first Horseshoe Casino; JACK Cleveland Casino, in downtown Cleveland in May 2012.
Dan Gilbert Career
Dan Gilbert Quicken Loans
When Dan recognized that the real potential was in originating mortgages and not in selling homes, he founded Rock Financial in 1985 together with his younger brother Gary Gilbert.
Rock Financial grew into one of the largest independent mortgage lenders in the United States and in the late 1990s and it launched its internet strategy and quickly positioned itself as the fastest-growing direct mortgage lender online. The company, in the fourth quarter of 2017, became the largest retail mortgage lender by volume in the United States.
Later in 2000, Rock Financial was purchased by software maker Intuit Inc. and renamed it Quicken Loans. It substantially grew as the leading provider of direct-to-consumer home loans on the internet, offering mortgages in all 50 states.
Dan remained the CEO and he in 2002 led a small group of private investors that purchased Quicken Loans and its affiliated national title company, Title Source, Inc., from Intuit. Dan serves as the chairman of Quicken Loans, Inc.
Quicken Loans moved its headquarters and 1,700 of its employees to downtown Detroit in 2010 and after moving all 3,600 Michigan-based team members into Detroit’s urban core by the end of 2010, the company now has approximately 17,000 staff in downtown Detroit and a total of 24,000 nationwide, making it one of Detroit’s largest employers, minority employers and taxpayers.
Dan Gilbert Cleveland Cavaliers
In March 2005, Dan became the majority owner of the Cleveland Cavaliers and undertook a complete overhaul of the front office, player personnel, coaching staff, and game presentation.
During his time the Cavaliers have won six Central Division championships in 2009, 2010, 2015, 2016, 2017 and 2018. They have also won five Eastern Conference championships in 2007, 2015, 2016, 2017 and 2018 and also One NBA championship in 2016 which ended the 52-year Cleveland sports curse.
Dan Gilbert Age
Gilbert was born on January 17, 1962.
Dan Gilbert Family
Dan was born in Detroit, Michigan, to a Jewish family. He has two step-siblings and a younger brother, Gary Gilbert, co-founder of Rock Financials in 1985.
His parents are real estate agents and his love for real estate when he was in law school saw him work in his parents’ real estate company, Century 21 Real Estate Agency.
Dan Gilbert Wife
Dan is married to his wife Jennifer Gilbert. Jennifer serves on the Gilbert Family Neurofibromatosis Institute at Children’s National Medical Center in Washington, D.C. She also serves on the boards of ORT America and the Israeli and Overseas Committee of the Jewish Federation of Metropolitan Detroit. The couple has five children.
Dan Gilbert Son
Dan’s son Nick Gilbert, was born with neurofibromatosis which is a nerve disorder that causes tumors to grow anywhere in the body. Nick is in his early 20’s and has already undergone two brain surgeries to remove the tumors.
Dan Gilbert Body Measurements
- Height: 5 feet 5 inches.
- Weight: Not Available
- Shoe Size: Not Available
- Body Shape: Not Available
- Hair Colour: Black
- Eye Colour: Brown
Dan Gilbert Net Worth
Gilbert has a net worth of 6.7 billion USD.
Dan Gilbert Lebron James
On July 8, 2010, Dan received national attention on a highly criticized ESPN television special dubbed The Decision, when LeBron James announced that he was leaving the Cavaliers for the Miami Heat.
Following the special, Dan published an open letter in Comic Sans font to Cleveland Cavaliers fans in which he strongly criticized how James made his announcement. Dan was fined $100,000 by NBA Commissioner David Stern on July 12, 2010, for his remarks.
He has since regretted the open letter which he wrote when running high on emotions in 45 minutes. The letter was taken down from the team website after a few weeks but remained widely available on the Internet. Even though some members of the media heavily criticized Dan, many of Cleveland fans embraced him for it and even offered to pay the fine but Dan insisted on donating the money to charity.
Four years later when James LeBron opted out of his contract with Miami Heat, he and Dan met privately and Dan apologized to Lebron for the open letter saying, “LeBron, we had five good years together and one bad night; like a marriage that’s good and then one bad thing happens and you never talk to each other again.” LeBron also expressed his regret to Dan about The Decision and the two men embraced.
Days later Lebron subsequently returned to Cleveland in free agency and explained his homecoming to Cleveland in his Sports Illustrated announcement. Lebron said that he had, met with Dan, face-to-face, man-to-man and that they had talked it out.
Dan Gilbert Stroke
It is reported that Dan, on Sunday, May 26, 2019, suffered symptoms of stroke. He was rushed to the hospital where he was treated and recovered.
Frequently Asked Questions About Dan Gilbert
Who is Dan Gilbert?
Gilbert is an American billionaire businessman.
How old is Gilbert?
Dan is 57 years old as of 2019. He was born on January 17, 1962.
How tall is Gilbert?
Dan stands at a height of 5 feet 5 inches
Is Gilbert married?
Dan is a married man. His wife is known as Jennifer Gilbert.
How much is Dan Gilbert worth?
Dan has a net worth of $6.7 billion USD.
How much does Gilbert make?
It is not known how much Dan makes from his businessees in a year or even monthly. This information will be provided as soon as it is available.
Where does Gilbert live?
Dan resides in Michigan together with his wife and their children.
Is Gilbert dead or alive?
Dan is still alive and in good health.
Where is Gilbert now?
Dan is the chairman of JACK Entertainment which opened its first Horseshoe Casino, known as JACK Cleveland Casino.
Dan Gilbert Twitter