Dan Gilbert is the Founder and Chairman of Rocket Companies (NYSE: RKT), which includes Rocket Mortgage, the nation’s largest retail mortgage lender Dan is also the majority owner of the Cleveland Cavaliers. Gilbert also serves as the Founder and Chairman of ROCK and real estate development firm Bedrock Detroit.
Through his “For More Than Profit” philosophy, the Rocket Community Fund and the Gilbert Family Foundation committed $500 million over 10 years to Detroit through investments in organizations and programming to support housing stability, educational attainment, and economic mobility. Additionally, Gilbert and the Family of Companies have committed more than $1 billion to medical research and community initiatives around the country.
Gilbert moved his businesses to Detroit’s urban core in 2010. His investment in the revitalization of downtown led to the creation of Bedrock. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland.
Gilbert is an active investor in fintech, sports-related and consumer-direct companies. He founded Detroit Venture Partners (DVP) to fund startup and early-stage technology companies. In 2016, he co-founded Detroit-based StockX, the world’s first ‘stock market of things’, combining the visible, liquid, anonymous and transparent benefits of a stock market with the online consumer secondary market.
Gilbert is a fourth generation Detroiter and a graduate of Michigan State University. He obtained his Juris Doctor from Wayne State University in Detroit.