Dan Gilbert is Founder and Chairman of Rock Ventures LLC, the umbrella entity for his investments and real estate, and Quicken Loans Inc., the nation’s third largest mortgage lender. Rock Ventures and its affiliated companies across the country employ more than 21,000 team members in more than 110 companies. Detroit-based Quicken Loans employs more than 10,000 team members nationally, earned the highest ratings for customer satisfaction among all U.S. home loan lenders by J.D. Power in 2013 for the fourth consecutive year and closed a record $80 billion in home loan volume in 2013. In January 2014, Quicken Loans ranked in the Top-5 of FORTUNE Magazine’s “100 Best Companies to Work For” and is currently recognized as #1 on Computerworld magazine’s ‘100 Best Places to Work in IT.’
Dan is also majority owner of the NBA’s Cleveland Cavaliers and operates the Quicken Loans Arena (“The Q”) in downtown Cleveland.
Dan began moving his family of companies from suburban Detroit to the city’s central business district in 2010 to lead the revitalization of a great American city. Since then, Rock Ventures has invested more than $1.3 billion to purchase and renovate 40-plus properties in downtown Detroit totaling nearly 8 million square feet of commercial real estate in the city’s urban core. Thousands of jobs have been created, and today more than 12,000 Rock Ventures team members work in downtown Detroit.
In addition, Dan is a Principal of Detroit Venture Partners (DVP), a venture capital firm that funds start-up and early-stage technology companies in Detroit as well as a founding partner of Detroit-based private equity group Rockbridge Growth Equity LLC., which invests in growing businesses in the financial services, Internet technology, consumer-direct marketing, and the sports and entertainment industries.
Dan launched Bizdom, a non-profit entrepreneurial accelerator that trains, mentors and finances business builders in their start-up enterprises with operations in Detroit and Cleveland.
Dan is a shareholder in several sports-related consumer and technology businesses including a wall graphics company (Fathead), an electronic ticketing company (Flash Seats) and a helmet maker (Xenith).
Gilbert founded Rock Gaming, a developer and owner of unique urban casinos under the Horseshoe brand in Cleveland, Cincinnati, and Baltimore (expected to open in 2014.)
The company acquired Detroit’s Greektown Casino-Hotel in April 2013.
Dan earned his bachelor’s degree from Michigan State University and his law degree from Wayne State University. He serves on the boards of the Cleveland Clinic, the Washington D.C.-based Children’s National Medical Center (CNMC), and the Children’s Tumor Foundation (CTF). Dan also serves as Vice Chairman of the non-profit M-1 RAIL, a 6.6 mile light rail designed to help spur economic development in downtown Detroit.
Dan and his wife Jennifer live just outside of Detroit with their five children.