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...
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."
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.
Cleveland Cavaliers governor Dan Gilbert has joined a group bidding for ownership of the English Premier League's Chelsea FC. The Ricketts family, which owns the Chicago Cubs, is also part of the group. "We are excited to join the Ricketts family and Ken Griffin for their bid to acquire Chelsea,...
Ken Griffin and Dan Gilbert, both of whom are involved in the Ricketts Family Investment Group's bid for Chelsea, have revealed their plans for the Club if they are successful. This comes after the Ricketts family were in London to meet with supporters group ahead of the April 14 deadline...
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.
(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.
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Billionaire Dan Gilbert, the Detroit mortgage loan mogul and owner of the Cleveland Cavaliers, has joined a group bidding for the Chelsea Football Club in London, the 2021 league champion. Gilbert joins a consortium led by the Chicago Cubs-owning Ricketts family and hedge fund tycoon Ken Griffin, Sky News reports....
Cleveland Cavaliers owner Dan Gilbert is reportedly joining the Ricketts family in bidding to buy Chelsea Football Club. “The Ricketts family’s bid to buy Chelsea is backed by Cleveland Cavaliers owner Dan Gilbert, the PA news agency understands,” wrote Nick Purewal. Chelsea is currently owned by Russian oligarch...
Dan Gilbert is reportedly part of a group of people attempting to buy Chelsea Football Club from Russian oligarch Roman Abramovich.