Markets

Pulling pranks, bidding for Yahoo, and launching a $1 billion basketball stunt: Rocket founder Dan Gilbert and Warren Buffett are close friends with a colourful past

Rocket Companies, which owns Quicken Loans, went public on Thursday, boosting founder and chairman Dan Gilbert’s fortune to about $US34 billion. Gilbert is close friends with Warren Buffett and has partnered with the investor and Berkshire Hathaway CEO several times over the years. For example, Gilbert and Buffett pranked Quicken […]
Pulling pranks, bidding for Yahoo, and launching a $1 billion basketball stunt: Rocket founder Dan Gilbert and Warren Buffett are close friends with a colourful past
Lifestyle

Cleveland Cavaliers billionaire Dan Gilbert is waiving rent payments for Detroit small businesses suffering from the city’s coronavirus lockdown

Dan Gilbert, the billionaire owner of the Cleveland Cavaliers, is waiving the rent payments of small businesses located in buildings owned by his real-estate company, Bedrock Detroit. Small businesses are struggling to survive as authorities ask Americans to stay home and practice social distancing to combat the spread of the […]
Cleveland Cavaliers billionaire Dan Gilbert is waiving rent payments for Detroit small businesses suffering from the city’s coronavirus lockdown
Strategy

A PR firestorm around Quicken Loans founder Dan Gilbert’s $5.5 billion Detroit project shows that money isn’t the biggest challenge he faces in revitalizing the city

Since moving his company, Quicken Loans, to downtown Detroit in 2010, Dan Gilbert has been investing billions of dollars into the city to revive it after decades of decline. Last year, a marketing mistake confirmed many Detroiters’ fears that Gilbert’s project was looking to eliminate the city’s overwhelming black majority, […]
A PR firestorm around Quicken Loans founder Dan Gilbert’s $5.5 billion Detroit project shows that money isn’t the biggest challenge he faces in revitalizing the city
Strategy

Cleveland Cavaliers owner Dan Gilbert was a crucial figure in bringing casino gambling to Ohio — and it offers insight into his transformation of downtown Detroit

Cleveland Cavaliers owner Dan Gilbert is the billionaire founder of Quicken Loans and oversees more than 100 companies, including the Jack Entertainment casino group. Gilbert is based in Detroit, but in 2009 he was a pivotal champion of legalizing casino gambling in Ohio so that he could expand his business. […]
Cleveland Cavaliers owner Dan Gilbert was a crucial figure in bringing casino gambling to Ohio — and it offers insight into his transformation of downtown Detroit
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