Tom Gores Net Worth of 2.9 Billion Dollars

Tom Gores is an American businessman with a net worth of 2.9 billion. Tom Gores was born July thirty one, 1964 in Nazareth, Israel. He's best famous as the founder, Ceo and Chairman of Platinum Equity, a global private equity firm founded in 1995 with headquarters in Beverly Hills, California. On June one, 2011, Tom Gores and Platinum Equity became the owners of the National Basketball Association's Detroit Pistons. He's a broad history of operational knowledge, technological expertise, and acquisitions experience and also has completed above eighty transactions in the firm, generating nationwide recognition as being a mergers, acquisitions as well as operations strategist in the naturally competitive acquisitions industry. He was an energetic investor in smaller business enterprises, in which companies oftentimes trade principally on the great word of theirs and power to follow through on what they promised. He was also an active investor of startup operations. Gores serves as the Chairman of Merry X Ray Corporation and has been the Chairman of PNA Group, Inc. since July 2006. He also products on several other boards. Throughout 2010, Platinum Equity was realized as one of the largest and fastest growing private companies in America, ranking No. thirty one on Forbes' Largest Private Companies list of 2010 and No. eleven on the 2010 and 2011 Los Angeles Business Journal list of LA's Largest Private Companies. In 2011, Platinum Equity rose to No. twenty three on Forbes' Largest Private Companies list, due to a 22.4 % expansion in the firm's revenue. In 2011, Platinum ranked No. seven on the Los Angeles Business Journal's list of the biggest Private Equity Firms in Los Angeles. Tom Gores supports several philanthropic organizations and acts on the panel of trustees for the Los Angeles County Museum of Art (LACMA). In 2011, Gores and Platinum Equity started making a series of donations to San Diego area causes and institutions, including the San Diego State Faculty School of Journalism and Media Studies, public broadcasting service KPBS, Junior Achievement, the AVID Center and the Classroom of the Future Foundation. Gores and the brother Alec of his donated 250,000 to Genesee High School of honor of Tom and Julia Joubran's 50th wedding anniversary in 2002. He was named the M&A Pro of the Year by Mergers and Acquisitions magazine. A B.Sc. degree from Michigan State Faculty is held by Tom Gores.

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