Daniel Gilbert's Biography

Daniel Gilbert, widely known as Dan Gilbert, is a renowned American businessman, investor, and philanthropist, best recognized as the founder and chairman of Quicken Loans (now Rocket Mortgage) and the owner of the NBA's Cleveland Cavaliers. Born on January 17, 1962, Gilbert began his entrepreneurial journey early, founding Rock Financial in 1985, which later evolved into Quicken Loans, revolutionizing the mortgage industry with its online lending platform. His visionary leadership turned Quicken Loans into the largest mortgage lender in the United States. Gilbert's business empire extends beyond finance into sports, real estate, and technology, owning a portfolio of companies including Rocket Companies, Bedrock Detroit, and StockX. He is celebrated for revitalizing downtown Detroit through significant investments and urban development projects, contributing to the city's resurgence. Gilbert is also an active philanthropist, supporting causes related to education, health, and community development. As the owner of the Cleveland Cavaliers, he led the franchise to its first NBA Championship in 2016. Despite his professional success, Gilbert has faced criticism regarding his aggressive real estate strategies in Detroit. With a current net worth of approximately $20 billion, Dan Gilbert continues to influence the worlds of business and sports, embodying the spirit of innovation and resilience. He is married to Jennifer Gilbert, with whom he shares five children, and is known for his passion for basketball, technology, and urban revitalization.