Dan Gilbert
- Net worth $22.5 billion
- Birthday January 17, 1962
- Status -
- Country United States
- Source(-s) of wealth Businessman, Entrepreneur, Investor
How much is Dan Gilbert Worth? Dan Gilbert Net Worth in 2026
Dan Gilbert’s net worth is estimated at $22.5 billion as of November 2026. When Rocket Companies went public in August 2020 at $18 a share, he held about 79 percent of it. Six years, two big acquisitions and one restructuring later, the stock trades near $15, and his 1.14 billion shares are worth about $3.3 billion less than they would have been at the IPO price, by our calculation.
| Net worth | $22.5 billion (estimate, range $19 billion to $26 billion) |
|---|---|
| Born | January 17, 1962, Detroit, Michigan |
| Age | 64 |
| Country | United States |
| Known for | Founding Rock Financial, now Rocket Companies, and owning the Cleveland Cavaliers |
| Main income sources | Rocket Companies shares, Cleveland Cavaliers, Detroit real estate through Bedrock |
How much is Dan Gilbert worth in 2026?
We estimate about $22.5 billion. Three quarters of it is Rocket stock, and that part is close to exact: an SEC filing lists his shares, and the price is public. The basketball team and the Detroit buildings are our estimates. Public figures have run from about $20 billion upward, mostly because of the Rocket share price on the day each was made.
How we got to $22.5 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| Rocket Companies shares | $17.12 billion | 1,137,047,556 Class L shares reported in his Form 4 after the June 30, 2025 restructuring, times $15.06 a share as of November 8, 2026. We did not find a later sale in the filings we opened. |
| Cleveland Cavaliers | $3.89 billion | The team was valued at $4.86 billion in October 2025. He is the majority owner; we assume he holds 80 percent, since the exact split is not public. |
| Bedrock and Detroit property | $1.5 billion | Our assumption. Bedrock had put $7.5 billion into downtown Detroit by 2026, but that includes partners’ money and loans. We credit him a fifth of it as equity. |
| Cash from casino sales, other stakes | $0 | Not counted. Greektown was sold in 2019 and the family sold its Ohio casino interests in 2021, but his share of the proceeds is not public. |
| Total | $22.5 billion | Rounded from $22.51 billion. |
The share count is from his Form 4 for June 30, 2025. The price comes from Rocket’s market data, and the Cavaliers valuation from Sportico’s 2025 list as summarized by Hoops Rumors.
The day his shares changed shape
Until mid-2025 Gilbert owned Rocket through a holding company called Rock Holdings, which held 1.85 billion Class D shares and matching partnership units. On June 30, 2025 Rocket collapsed that structure. He gave up the Class D shares and received Class L shares directly: 498,416,138 of Class L-1 and the same number of Class L-2, plus 70,107,640 of each held indirectly. As we read the filing, the rest of the old block went to Rock Holdings’ other shareholders.
The L-1 shares could not be sold before June 30, 2026, and the L-2 shares are locked until June 30, 2027. So 2026 was the first year he could sell half of his new stock. The April 2026 proxy says he still holds most of the Class L stock and a majority of the votes.
Thirteen times his money in Cleveland
He bought the Cavaliers in 2005 for $375 million, a record NBA price then. At the 2025 valuation of $4.86 billion, the team is worth about 13 times that, by our math. Put the other way, the whole purchase price is now less than 8 percent of the team’s value.
Why other estimates disagree
Rocket’s price swings hard: its market value went from $22 billion at the end of 2024 to $54.7 billion a year later and back to about $42.7 billion now. With more than a billion shares, every dollar on the stock moves him by $1.1 billion. Estimates also split on how much Detroit property is his after debt and partners, and on whether to subtract the more than $1 billion his family had committed to charity by 2023.
Rock Financial, Quicken, Rocket
Gilbert founded Rock Financial in 1985 with Ron Berman, Lindsay Gross and his brother Gary. Intuit bought the company in 2000, and his group bought it back, as Quicken Loans, in 2002. Rocket listed on the NYSE in August 2020, offering 100 million shares at $18, per the company’s history. In 2025 it agreed to buy Redfin and completed its takeover of Mr. Cooper on October 1. He founded Bedrock in 2011, which has acquired 140 properties with 21 million square feet. His Greektown Casino was sold to VICI Properties in 2019 for a reported $1 billion.
He joined the Giving Pledge in 2012. In 2021 his family foundation and the Rocket Community Fund pledged $500 million over ten years to Detroit, and in 2023 the family committed nearly $400 million to the Shirley Ryan AbilityLab at Henry Ford Health.
What would move the figure
The Rocket share price, first. A sale of a Cavaliers stake would turn our 80 percent assumption into a real number. And with the L-2 lock-up ending on June 30, 2027, any large sale after that date would show up in an SEC filing.
Dan Gilbert net worth FAQ
What is Dan Gilbert’s net worth?
We estimate about $22.5 billion as of November 2026, with $17.1 billion of it in Rocket Companies shares.
How many Rocket shares does Dan Gilbert own?
1,137,047,556 Class L shares after the June 2025 restructuring, according to his Form 4.
How much did Dan Gilbert pay for the Cavaliers?
$375 million in 2005. The team was valued at $4.86 billion in 2025.
How much has Dan Gilbert invested in Detroit?
Bedrock had invested $7.5 billion in downtown Detroit by 2026, across 140 properties.
How old is Dan Gilbert?
He is 64. He was born on January 17, 1962, in Detroit.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.
Photo: Cleveland Cavaliers / Wikimedia Commons, CC BY-SA 4.0, cropped