Dan Gilbert

Billionaire Dan Gilbert launches $20 M fund for Detroit home repairs

Detroit billionaire Dan Gilbert and his wife Jennifer’s foundation is starting up a $20 million fund to pay for home repairs, which are desperately needed across the city’s aging housing stock. What’s happening: More than 1,000 homeowners should be able to access free repair services for their roofs, foundations, stairs and other areas through the three-year program.The Gilbert Family Foundation is giving $10 million, with $8 million coming from health company ProMedica and $2 million from utility DTE Energy.The foundation picked two national nonprofits, Enterprise Community Partners and Green & Healthy Homes Initiative, to administer the fund — with local groups...
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Matt Ishbia Takes Shot at Dan Gilbert for 'Disgusting' Worker Layoffs

Matt Ishbia, president and CEO of United Wholesale Mortgage, slaps his competitor, Rocket Mortage/Quicken Loans, run by Dan Gilbert. "Disappointed is the nicest way to describe my thoughts around Rocket Mortgage/Quicken Loans laying off over 2,000 of their people, as this should not be necessary for a company that made over $5 Billion last year in profits," Ishbia writes on LinkedIn Wednesday. "Even though United Wholesale Mortgage directly competes with Rocket, I hate seeing this type of negative impact on families in Metro Detroit. These 2,000+ people will struggle to find new jobs, and I think it’s disgusting that they’re thinking short term and are solely focused on cutting a few million per month in costs. … This is the wrong thing to do to people."
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Dan Gilbert, Cubs owner drop bid to buy Chelsea Premier League club

Detroit billionaire Dan Gilbert, who was part of a group bidding to buy Chelsea, a Premier League soccer club, has dropped out of the bidding war. Gilbert, who along with Chicago Cubs chairman Tom Ricketts and American investor Ken Griffin, were one of many bids in play for buy Chelsea after an enforced sale of the club by sanctioned Russian owner Roman Abramovich.

Cavs owner Dan Gilbert among bidders for England's Chelsea Football Club

Cleveland Cavaliers owner Dan Gilbert may be looking to add another sports team to his roster. Crain’s Detroit Business reports Gilbert is part of one bid for the Chelsea Football Club, an English Premier League soccer team. Crain’s reports the prospective ownership group also includes the Ricketts, who also...

Ricketts Family Consortium Adds Cavs Owner Dan Gilbert’s Rock Entertainment Group to Strengthen Chelsea Bid

The Ricketts family continues to strengthen their bid to purchase Chelsea Football Club, adding Rock Entertainment Group to a consortium that already included hedge-fund billionaire Ken Griffin. Sky News reported over the weekend that REG, led by Cleveland Cavaliers owner Dan Gilbert, “had agreed to invest a significant – though undisclosed – sum” to aid a bid that is also being assisted by US-based investment bank Jefferies.

Dan Gilbert reportedly joins group bidding to purchase Chelsea FC

(WXYZ) — Dan Gilbert is reportedly part of a group of people attempting to buy Chelsea Football Club from Russian oligarch Roman Abramovich. According to a report in Sky News, Gilbert has joined a group that includes the Ricketts family, who owns the Chicago Cubs, and Ken Griffin, a hedge fund tycoon.