Dan Gilbert
Dan Gilbert is the founder and chairman of Rocket Mortgage, the largest mortgage lender by volume in the country – which was previously known and recognized widely as Quicken Loans. Rocket Mortgage employs nearly 30,000 employees in multiple hubs around the country.
Gilbert originally founded Rock Financial in 1985 when he was 22 years old. He was a pioneer in the mortgage space, becoming one of the earlier adopters of online lending. He introduced Mortgage in a Box in 1996, which was the precursor to today’s centralized online model. Under Gilbert’s leadership, Quicken Loans became the first mortgage lender to offer a mobile app – called Rocket Mortgage – in 2011. Because of the rapidly growing popularity and consumer awareness around the product, the company went away from the Quicken Loans name and rebranded itself as Rocket Mortgage in 2021.
Gilbert is also an active investor in fintech, sports-related and consumer-direct companies, in addition to owning the Cleveland Cavaliers of the NBA.
In March 2021, Gilbert and his wife, Jennifer, announced a donation of $500 million over 10 years to the City of Detroit, with the goal of reversing years of declining property values and structural, systemic issues and dire poverty within the city’s neighborhoods.
Latest Posts
Rocket hires fintech exec Varun Krishna as new CEO
Jul 31, 2023Rocket Companies appointed Varun Krishna, a veteran in the financial technology world who held executive positions at Intuit and PayPal, as its new CEO. Bob Walters also announced his retirement.
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Push button. Get CEO? What’s next for Rocket
Feb 21, 2023 -
Jay Farner is leaving Rocket Companies
Feb 13, 2023 -
Investor accuses Rocket’s Dan Gilbert of insider trading
Feb 10, 2022 -
Pension fund withdraws insider trading lawsuit against Dan Gilbert
Dec 08, 2021 -
Quicken brand will be officially retired on July 31
May 12, 2021 -
Dan Gilbert sells $500 million worth of Rocket stock
Apr 01, 2021 -
Dan Gilbert makes $500M investment in Detroit
Mar 25, 2021 -
Rocket Mortgage receives tax subsidy, will hire in Cleveland
Feb 23, 2021 -
Rocket’s IPO makes Dan Gilbert the 28th richest person in the world
Aug 07, 2020 -
Supporting clients and brokers has been the mission for 35 years
Aug 03, 2020 12:01 am -
Bloomberg: Quicken Chairman Dan Gilbert “resting comfortably” after stroke
May 28, 2019