Tom Gores (born July 31, 1964) is an American billionaire with an estimated current net worth of $2.5 billion dollars. He is the founder of Platinum Equity, a global private equity firm headquartered in Beverly Hills. He appears on the 2011 Forbes list of World's Billionaires. On June 1, 2011, Tom Gores and Platinum Equity became the owners of the National Basketball Association’s (NBA) Detroit Pistons.
... Tom Gores supports several philanthropic organizations, and serves on the board of trustees for the Los Angeles County Museum of Art (LACMA) ... In 2011, Gores and Platinum Equity began making a series of donations to San Diego-area causes and institutions, including the San Diego State University School of Journalism and Media Studies, public ... Gores and his brother Alec donated $250,000 to Genesee High School in honor of Tom and Julia Joubran's 50th wedding anniversary in 2002 ...
... Platinum Equity was founded in 1995 by Tom Gores ... Tom Gores purchased LSI for $200,000, then focused on servicing existing customers and returning the company to profitability ... Over the next five years, between July 1996 and September 2001, Tom Gores' wholly owned fund (Platinum Equity, LLC) made 32 acquisitions with $226 million, and realized $940 million on those investments ...
Famous quotes containing the word tom:
“The man that hails you Tom or Jack,
And proves by thumps upon your back
How he esteems your merit,
Is such a friend, that one had need
Be very much his friend indeed
To pardon or to bear it.”
—William Cowper (17311800)