Daniel Gilbert

Daniel Gilbert

Entrepreneur and billionaire
Country: USA

  1. Biography of Daniel Gilbert
  2. Entrepreneurial Journey
  3. Quicken Loans and Business Expansion
  4. Recent Controversies and Other Interests

Biography of Daniel Gilbert

Daniel Gilbert, an entrepreneur and billionaire, was born in 1961 in the United States. He received his education from Michigan State University and also completed a course at Wayne State University. Gilbert is married and is the father of five children. Currently, he resides in his mansion in the small town of Livonia, Michigan.

Entrepreneurial Journey

Gilbert's entrepreneurial journey began while he was still in college, earning money by selling pizzas. In 1985, he and his younger brother, Harry Gilbert, founded the company "Rock Financial Corporation." At the time, Daniel was a law school student, successfully balancing his studies with his commercial activities. The "Rock Financial Corporation" had a promising future and is now one of the leading companies among independent banks in the United States. In May 1998, Gilbert took the company public by offering its stocks for sale. In 1999, the company launched the highly successful online lending project "Rockloans.com."

Quicken Loans and Business Expansion

In 2002, with the profits earned from the previous year, Gilbert acquired the company "Quicken Loans." Later, he established the holding company "U.S. Quicken Loans Inc.," which consolidated entities such as "Quicken Loans," "Rock Financial," and "Title Source." Currently, "U.S. Quicken Loans Inc." has several branches across the United States, with a workforce of 3,500 employees. The company's headquarters is located in Livonia, Michigan.

Recent Controversies and Other Interests

Recently, there have been rumors surrounding Daniel Gilbert regarding lawsuits filed by employees of "U.S. Quicken Loans Inc." These lawsuits mainly accuse the company of irregular working hours and delayed payment of wages. Apart from his business ventures, Gilbert has a passion for sports. He owns several hockey and basketball teams, including a significant stake in the renowned basketball team "Cleveland Cavaliers." He is also the owner of the hockey team "Utah Grizzlies," which was later renamed "Lake Erie Monsters."