Friday, 7 August 2020

Mortgage mogul Dan Gilbert sees net worth quicken to $34B

In its first day of trading, shares of Rocket Co. rose more than 19 percent, pegging the net worth of Dan Gilbert, the company’s CEO, at $34 billion. The Detroit-based mortgage company is now valued at about $40 billion, Bloomberg reported. Gilbert owns about 73 percent of its shares, and is now the 28th-richest man on earth, richer than Blackstone’s CEO Stephen Schwarzman and activist investor Carl Icahn. Rocket Co. operates Quicken Loans. Software development



source https://therealdeal.com/2020/08/07/mortgage-mogul-dan-gilbert-sees-net-worth-quicken-to-34b/

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