$6 Billion         |         Rank #424

Who is Tom Gores

The Gores family moved from Israel to Michigan when Tom was four. In his youth, he stocked shelves at his father’s small grocery store in Flint.
His brother, Alec, is also a private equity billionaire. Tom and Alec spent their 20s learning the buyout business together before splitting in 1995.
In January 2020, Platinum closed on its largest fund to date, raising a higher-than-expected $10 billion from investors.
In 2011 Gores and Platinum bought the NBA’s Detroit Pistons. In August 2015 he purchased Platinum’s stake, giving him 100% of the team’s equity.
Gores bankrolled a new $90 million headquarters and training center for the Pistons. It opened in September 2019. Coming from an average or middle class family, Tom Gores is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 424 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 57.0 years old. As of today, Tom Gores’s net worth is approximately 6 Billion.

Facts about Tom Gores

To find out what is Tom Gores Net Worth, how he got there and what is Tom Gores Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Tom Gores

Tom Gores was born on 31-07-64 in United States. In January 2016 Gores launched FlintNow, a campaign to raise private sector funds to address the Flint, Michigan water crisis. A sports nut, Gores played football, basketball and baseball in high school and still coaches youth soccer and basketball teams. Being raised in the same country, Tom Gores spent most of his time in California in the city of Beverly Hills.

Tom Gores net worth is estimated at 6 Billion Billion to date.

Professional Journey

You will see him often in social media.  Tom Gores oversees more than 40 companies with some $26 billion in assets through his Los Angeles-based private equity firm, Platinum Equity. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In January 2016 Gores launched FlintNow, a campaign to raise private sector funds to address the Flint, Michigan water crisis. In his youth, he was adventurous but unknown, but that was years ago. The Gores family moved from Israel to Michigan when Tom was four. In his youth, he stocked shelves at his father’s small grocery store in Flint.
His brother, Alec, is also a private equity billionaire. Tom and Alec spent their 20s learning the buyout business together before splitting in 1995.
In January 2020, Platinum closed on its largest fund to date, raising a higher-than-expected $10 billion from investors.
In 2011 Gores and Platinum bought the NBA’s Detroit Pistons. In August 2015 he purchased Platinum’s stake, giving him 100% of the team’s equity.
Gores bankrolled a new $90 million headquarters and training center for the Pistons. It opened in September 2019. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Tom Gores oversees more than 40 companies with some $26 billion in assets through his Los Angeles-based private equity firm, Platinum Equity.
It is to be noted that Tom Gores is one of the selfmade billionaires in the world and stands at 424 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Tom Gores:

How much is Tom Gores worth?

Tom Gores’s net worth is estimated to be 6 Billion.

How old is Tom Gores?

Tom Gores was born on 31-07-64, and is currently 57.0 years old.

What is Tom Gores source of income?

Tom Gores acquires most part of his wealth from private equity.
 

Concluding Tom Gores Net Worth

Currently with a net worth of 6 Billion, Tom Gores stands at 424 in the world billionaires list. And draws most of his wealth from private equity. Hope you like this information about Tom Gores. If you like this, then please share it with your friends. This above post is all about the estimated worth of Tom Gores. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Tom Gores. Actual worth may vary a little. You can always get information by checking out Leaktown.com.