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Tom Gores net worth

Tom Gores

How much is Tom Gores Worth? Tom Gores Net Worth in 2026

$ 8 billion
Tom Gores Net Worth
$150,000,000 / year
Tom Gores salary

Tom Gores’s net worth is estimated at $8 billion as of November 2026. He made his name buying companies through Platinum Equity, but by our sums, his two sports stakes now outweigh the firm: the Pistons and 27 percent of the Chargers make up about 58 percent of his fortune. The Pistons cost $325 million in 2011 and are now valued at $4 billion.

Net worth $8 billion (estimate, range $6 billion to $10 billion)
Born July 31, 1964, Nazareth, Israel (age 62)
Country United States
Known for Founding Platinum Equity, owning the Detroit Pistons
Main income sources Platinum Equity fees and carried interest, Detroit Pistons, Los Angeles Chargers stake

How much is Tom Gores worth in 2026?

Our figure is $8 billion, in a range of $6 billion to $10 billion. The sports stakes rest on recent, dated valuations. The private equity part doesn’t: Platinum publishes no accounts and his ownership share isn’t public, so those two rows are our assumptions.

Public estimates disagree mostly over how to value Platinum, and because some apply a full team value to a minority NFL stake he can’t turn into control.

How Tom Gores built it

  • Started from a home office. He founded Platinum Equity in 1995 in his Sherman Oaks home.
  • Bought in at a discount. He paid $750 million for 27 percent of the Chargers, over 30 percent below a 2024 valuation.
  • Took full control in time. He bought Platinum's 49 percent of the Pistons in 2015 and became the sole owner.

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How we got to $8 billion

Source Our estimate What it rests on
Detroit Pistons $3.4 billion CNBC’s February 2026 list values the team at $4 billion, and CNBC said in 2024 that he holds 100 percent of the equity. We take off 15 percent for debt and sale costs, our assumption.
Los Angeles Chargers, 27 percent $1.27 billion Sportico’s August 2026 ranking has the team at $8.65 billion. We take off the 31 percent minority discount worked out below, which comes from CNBC’s numbers, then $1.22 billion of implied debt, our assumption, held flat since 2024. That leaves $4.71 billion, and 27 percent of it is $1.27 billion. CNBC says he holds it with his wife, Holly, and we count the stake as one household.
Platinum Equity, value of fees $2.2 billion Fund commitments of $24.68 billion at an assumed 1.5 percent fee is $370 million a year. Assumed 50 percent margin and a 15 times multiple gives $2.78 billion. We credit him with 80 percent, also assumed.
Carried interest and own money in funds $1.25 billion Assumed. An unrealized gain equal to Fund V’s $10 billion, at 20 percent carry, half credited to him, is $1 billion, or $750 million after 25 percent tax. Add a 2 percent commitment to the same funds, about $500 million.
Total $8 billion Rounded from $8.12 billion. Homes and cash aren’t counted: we assume they roughly offset any borrowing behind the Chargers deal, which is undisclosed.

A cheap seat at the NFL table

CNBC reported in October 2024 that Gores paid $750 million for 27 percent of the Chargers at a $4 billion enterprise value, more than 30 percent below the $5.83 billion it had put on the team that year. The stake came from the Spanos family, mostly the 24 percent held by Dea Spanos Berberian. The seller carried a 10 percent flip tax. He bought it personally, not through Platinum, and the NFL’s report says he gets no role in the team’s daily business and no path to control.

That discount is the number to keep. Our calculation: $4 billion over $5.83 billion is a 31.4 percent discount. The check was also smaller than the enterprise value suggests. 27 percent of $4 billion would be $1.08 billion, but he paid $750 million, which implies $2.78 billion of equity and about $1.22 billion of debt or other claims. CNBC gives no debt figure, so that gap is our inference. Apply the same discount to today’s $8.65 billion, take off the same $1.22 billion, and 27 percent comes to about $1.27 billion, roughly 1.7 times what he paid two years ago. At the full value, with neither adjustment, it would be $2.34 billion, so the two adjustments take more than $1 billion off.

Sportico’s figure is up 39 percent in a year. NBC Sports’ write-up of CNBC’s 2026 list has a different angle on the same team: the Chargers are tenants at SoFi, with about $630 million in 2025 revenue against $950 million for the Rams.

The Pistons multiple

He and Platinum bought the Pistons’ parent company for $325 million in June 2011, with Gores on 51 percent, and he bought out Platinum’s 49 percent in 2015. The buyout price isn’t in anything we opened. $4 billion over $325 million is about 12.3 times in 15 years, by our math. The 2011 price also covered the wider Palace business, so the team’s own gain is larger.

What Platinum actually is

He started it in 1995 in his Sherman Oaks home, per Wikipedia, and his first project was a $200,000 purchase of a company called Litigation Services. Now, the firm reports more than $50 billion under management across about 60 operating companies. The Los Angeles Business Journal counted more than 450 acquisitions by 2025.

Fund sizes are the firm’s clearest money trail: $10 billion for Fund V in 2020, $12.4 billion for Fund VI, closed in the first half of 2024, and $2.28 billion for Small Cap Fund II, closed in September 2025. Those three make the $24.68 billion in our ledger. It is a fee base, not a measure of what he owns, and we ignore older funds still winding down.

The figure moves on three things. A sale of the Pistons would crystallize the largest row, with tax. A sale of part of Platinum would finally put a price on rows three and four. And if NFL team values cool, the Chargers stake falls with them, since about 16 percent of the ledger hangs on it.

Tom Gores net worth FAQ

How much did Tom Gores pay for the Chargers stake?

$750 million for 27 percent in 2024, at a $4 billion enterprise value. We value it at about $1.27 billion today.

How much did Tom Gores pay for the Detroit Pistons?

He and Platinum Equity paid $325 million in 2011, with Gores taking 51 percent. He bought Platinum’s 49 percent in 2015.

How big is Platinum Equity?

It reports more than $50 billion under management across about 60 companies, and has completed more than 450 acquisitions since 1995.

How old is Tom Gores?

He was born on July 31, 1964, so he is 62.

Does Tom Gores control the Chargers?

No. The NFL’s report says he has no role in daily business and no path to a controlling stake. The Spanos family holds about 69 percent.

How accurate is the $8 billion figure?

The sports rows rest on dated 2026 valuations. The Platinum rows, $3.45 billion of the total, are built on our own assumptions about fees, carry and his ownership.

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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.