Dan Gilbert is a well-known American entrepreneur, investor, and humanitarian. He founded Quicken Loans Inc., the largest online mortgage lender in the United States.
He also owns the Cleveland Cavaliers of the NBA. Additionally, he serves as the founder and chairman of Rock Ventures LLC, the parent company of numerous portfolio firms.
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Quick Stats
Full Name | Daniel Gilbert |
Born | January 17, 1962 |
Birthplace | Detroit, Michigan, USA |
Occupation | Businessman |
Net Worth | $18.6 billion USD |
Education | Michigan State University, Wayne State University Law School |
Spouse | Jennifer Gilbert |
Children | Five |
Companies | Quicken Loans, Cleveland Cavaliers, Rock Ventures, StockX, Fathead |
Dan Gilbert Early Life
Born on January 17, 1962, in Detroit, Michigan, Dan Gilbert grew up in Southfield, Michigan. He attended Southfield-Lathrup High School.
Dan earned a bachelor’s degree from Michigan University and a Juris degree from Wayne University School. Gilbert is a member of the State Bar of Michigan.
Although Gilbert initially pursued a career in law. However, his love for entrepreneurship led him to co-found Rock Financial with his brother in 1985.
The company eventually evolved into Quicken Loans, which Gilbert transformed into the largest online mortgage lender in the United States.
Dan Gilbert Age
As of 2024, Dan Gilbert is 62 and was born in Detroit, Michigan, on January 17, 1962. He is a prominent American billionaire businessman, entrepreneur, and philanthropist who co-founded Quicken Loans.
He is the chairman of Rock Ventures, the parent company of Quicken Loans. Additionally, Gilbert is the owner of various sports franchises, such as the NBA’s Cleveland Cavaliers.
Dan Gilbert Family
The late Sam Gilbert, a notable real estate developer and humanitarian based in Detroit, was the father of Daniel Gilbert (Dan Gilbert).
Gilbert’s father, Sam Gilbert, passed away in 1981. He owned Sam Gilbert & Company, a real estate development company that constructed various commercial and residential properties throughout Michigan. However, his mother Shirley’s profession is unknown yet.
Dan Gilbert Siblings
Daniel Gilbert is an American billionaire, businessman, and humanitarian. He co-founded and owned Rocket Company, the parent firm of Rocket Mortgage.
Gilbert has a younger brother named Gary Gilbert. Gary, alongside Dan Gilbert, Ron Berman, and Lindsay Gross, co-founded Rock Financial in 1985. Through several mergers, the company evolved into Quicken Loans, the largest online mortgage lender in the United States.
Apart from his involvement in the financial industry, Gary Gilbert is also recognized for his contributions as a film producer. He produced the critically acclaimed movie “The Kids Are All Right,” which was nominated for four Academy Awards, including Best Picture.
Additionally, he produced “Garden State,” which won the Sundance Film Festival’s Best Director Award.
Dan Gilbert Wife
Jennifer Gilbert is the wife of Dan Gilbert. She is an interior designer with a Bachelor of Arts degree from Michigan State University in Interior Design.
Jennifer Gilbert plays a significant role in philanthropy. She works at the Gilbert Family Neurofibromatosis Institute at Children’s National Medical Center located in Washington, D.C.
Furthermore, she is a board member of ORT America and the Israeli and Overseas Committee of the Jewish Federation of Metropolitan Detroit.
Dan Gilbert Kids
Dan Gilbert is a billionaire businessman who co-founded Quicken Loans and owned several sports teams, including the Cleveland Cavaliers.
He is married to Jennifer Gilbert, and together they have five children. The couple is recognized for their philanthropic efforts and founded the Gilbert Family Foundation.
Nick Gilbert, the oldest child of Dan and Jennifer Gilbert, had neurofibromatosis, a nerve disorder that causes tumors.
He was an adored figure in the Cleveland Cavaliers community, and unfortunately, he passed away in 2023 due to complications from the condition at the age of 26.
The second oldest child, Grant Gilbert, has recently taken on a role in the Cleveland Cavaliers organization.
The names of the other three children are AJ Gilbert, Nash Gilbert, and Gracie Gilbert. However, Gracie Gilbert is the daughter of Dan Gilbert and Jennifer Gilbert. Not much information is available about her.
Dan Gilbert Career
Daniel Gilbert, an American billionaire businessman, and philanthropist, was born on January 17, 1962. He founded Rock Ventures and owns the NBA’s Cleveland Cavaliers. With his success as an entrepreneur, Gilbert has become one of Michigan’s wealthiest individuals.
In 1985, Gilbert founded a mortgage origination company that became Quicken Loans. It is the largest online mortgage lender in the United States. His business ventures include technology startups, real estate development, and venture capital.
Dan Gilbert Height And Weight
Dan Gilbert is 5 feet 6 inches (1.68 m) and weighs 155 lb (70 kg), as reported. He is renowned for his philanthropic endeavors and his instrumental role in the revival of downtown Detroit.
Controversy About Dan Gilbert
Dan Gilbert’s Bedrock erected a controversial sign in downtown Detroit in July 2017. Gilbert’s sign sparked backlash, forcing him to apologize for promoting gentrification.
However, Gilbert, Farner, and Rocket Companies faced a securities lawsuit in April 2023.
Dan Gilbert’s Net Worth
Dan Gilbert has an estimated net worth of $18.6 billion. Apart from his business accomplishments, Gilbert is also known for his philanthropic work through the Gilbert Family Foundation, based in Detroit.
Dan Gilbert Assets
Rock Ventures, the company Gilbert owns, has made substantial investments in real estate in Cleveland and Detroit. It acquired over 100 properties in these cities, such as the Greektown Casino Hotel in Detroit.
Additionally, Gilbert has invested in various other ventures, including the tech firm StockX and the retail outlet Fathead.
To revive Detroit’s neighborhoods, Gilbert pledged $500 million towards the cause in 2021. However, his companies have already invested over $5.6 billion in similar endeavors.
Gilbert’s philanthropic endeavors include the Gilbert Family Neurofibromatosis Institute at the Children’s Tumor Foundation and the Gilbert Family Foundation, which supports various charitable initiatives.
Dan Gilbert Social Media
Dan Gilbert is not an active social media user on Twitter and Instagram. However, despite being a renowned personality, Dan prefers to keep his life private.
What Happened To Nick Gilbert, Son Of Dan Gilbert?
Nick, the son of Cleveland Cavalier’s proprietor Dan Gilbert, died on May 6, 2023, at 26, after a long battle with neurofibromatosis.
Nick Gilbert was known to NBA fans as the Cavaliers’ representative at the draft lottery and became the team’s good luck charm.
In 2011, he wore a bowtie and thick-rimmed glasses while representing the Cavs at the draft lottery. There they won and selected Kyrie Irving, who became a star for the team.
Dan Gilbert released a statement confirming that Nick had died at home, surrounded by family, and asked for privacy during this difficult time. The Cleveland Cavaliers encouraged donations to fight neurofibromatosis in response to Nick’s passing.
Although Nick Gilbert was born in Detroit and raised in Franklin, Michigan. He was strongly connected to the Cleveland Cavaliers and the city of Cleveland, where his father owned the team.
The Gilbert family has been a significant part of the Cleveland community, and Nick’s passing has been a tremendous loss to the city.
Nick Gilbert’s legacy will be remembered as a beloved figure in Cleveland sports history. His infectious personality and unwavering positivity made him a favorite among Cavaliers fans, and he will be deeply missed.
FAQS
Q. What illness does Dan Gilbert have?
Nick Gilbert, who had neurofibromatosis, which induces tumors to develop along the nervous system, had battled the condition his entire life.
Q. How many kids does Dan Gilbert have?
Nick Gilbert was one of five children born to Dan and Jennifer Gilbert. In addition to being a father, Dan Gilbert is also the co-founder and owner of Rocket Mortgage, a mortgage loan company.
Q. Did Dan Gilbert’s son die?
On Saturday, Nick Gilbert, the son of Cleveland Cavaliers owner Dan Gilbert, passed away at 26 due to neurofibromatosis, a genetic disorder that causes tumors to grow on tissue throughout the nervous system. The Ira Kaufman Chapel in Southfield, Michigan, announced his passing.
Q. How old was Dan Gilbert’s son, Nick?
Nick Gilbert, the son of Cavaliers owner Dan Gilbert, passed away at 26 on May 6, 2023, after a lifelong battle with neurofibromatosis.
Q. What religion is Dan Gilbert?
Gilbert, a member of the State Bar of Michigan, was born into a Jewish family in Detroit, Michigan.