Tom Gores net worth 2024, age, height, wife, girlfriend, kids, biography, wiki

Tewfiq Georgious is an American investor and businessman.  He is known s the founder of Platinum Equity, a privately owned equity firm located in Beverly Hills, California. In 2011 Platinum Equity and Gores acquired National Basketball Association’s Detroit Piston. In 2015 e became the sole owner of the team. Additionally Gore is in the list of billionaires who have been ranked by Forbes magazines.

Maybe you know about Tom Gores very well But do you know how old and tall is he and what is his net worth in 2024? If you do not know, We have prepared this article about details of Tom Gores’s short biography-wiki, career, professional life, personal life, wife, girlfriend, dating, divorce, kids, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.

Early Life & Biography

Tom Gores was born Tewfiq Georgious in Nazareth, Israel on 31 July 1964. He comes from a large family of six with Tom being the second last. When he was just five years old his family moved to Genesee, Michigan.

He went to Genesee High School where he played football as a defensive back, guard in basketball and midfielder in baseball. He late went to Michigan State University and because of the financial status he worked a telemarketer and a janitor just to make ends meet. He graduated in 1986 with a bachelor’s degree in construction management.

Age, Height, Weight and Body Measurements

Being born on 31 July 1964, Tom Gores is 60 years old as of today’s date 20th December 2024. His height is 180 cm tall, and weight is 78 kg.

Personal Life: wife, girlfriend, dating, divorce, kids

Gores personal life is kept under wraps. He keeps his followers in suspense as there is no complete information about his dating life or even how they met. Despite the fact that he is private he has just disclosed a handful information to the public and the rest is left s a mystery.

For those who have been wondering the rich billionaire is a married man. He is married to his wife Holly Gores from the year 1995. Together they have 3 children but their names have not been disclosed.

Gore, his wife and three children lives in Beverly Hills.

Career

When he finished his education was a contributor in the making of Lumber-logistics firm called Ventech. They moved to Los Angeles with his wife to run the firm’s West Coast operations in 1989.

Then in 1995 he founded Platinum Equity while he was at his home in Sherman Oaks. He then secured his first project with Litigation Services Inc. which was a computer generated recreations of car accidents for courtroom testimony evidence. Tom bought then from at $ 200,000 which only took him six months for the firm to be a profitable organisation.

Between1996 and 2001 he has been on the forefront leading 32 acquisitions such as Pilot Software, Rascal and Williams communications. Then the following year Platinum Equity’s portfolio extended to companies including Alcatel, Motorola and Fujitsu this elevated him to appear in Forbes list of 400 wealthiest Americans.

In the year 2006 Platinum Equity bought PNA Steel and sold it to Reliance Steel Aluminium Co. after two years making a profit of $ 512 million.

Tom went ahead to purchase The San Diego Union-Tribute for $ 30 million and sold it two years later for $ 110 million. Tom has facilitated over 100 deals through Platinum Equity by the end of 2009.

In the year2011 Platinum Equity an Tom purchased The Detroit Pistons and their former arena The Palace of Auburn Hills at a cost of $325 million which was referred to as a shocking bargain. He renovated the  arena for a cost of $10 million.

In 2015 Tom became the sole owner of Piston’s after purchasing Platinum Equity Shares. The following year he signed a deal with Detroit Red wings owners to allow Piston’s share new little Caesars Arenas in downtown Detroit. Since tom acquired Pistons in 2011 the company has gained over $ 775 million.

Awards & Achievements

Amongst other achievement Tom is the youngest persons who has appeared on the Forbes being ranked as World’s billionaires and Richest Americans list.

Net Worth & Salary of Tom Gores in 2024

When it come to Gores’s worth it goes without saying that his worth is in billions. Gores oversee more than 40 companies through his private Equity firm. He is the owner of the NBA franchise Detroit Pistons accompany making him $775 million in profits.

Amongst other assets he has house in Birmingham Michigan and a mansion in Los Angeles, California. He can afford anything money can buy but chooses to live a standard life. As of December 2024, His estimated net worth is $6 billion.

Besides his wealth that defines him, he is also a philanthropic person who supports charitable organisations that assists the under privileged people in the society. He has also helped dozens of companies get back to their feet changing for making losses to profits.