Alec Gores Net Worth

August 2024 · 2 minute read

Age, Biography and Wiki

Birth Year1953
Birth PlaceBeverly Hills, California, United States
Alec Gores age70 YEARS OLD
ResidenceBeverly Hills, California, U.S.
Alma materWestern Michigan University
OccupationInvestor
Spouse(s)Kelly Noonan (m. 2016); Lisa (div.)
Children5
FamilyTom Gores (brother) Sam Gores (brother)

💰 Net worth: $2.5 Billion (2024)

Alec Gores, a prominent figure in the world of investments in the United States, is projected to have a net worth of $2.5 billion in 2024. Throughout his successful career, Gores has made shrewd and strategic investment choices, gaining considerable wealth over the years. He is known for his expertise in identifying lucrative opportunities and capitalizing on them. With his vast knowledge and experience, Alec Gores has proven his ability to navigate the intricate world of investments, solidifying his status as an influential figure in the industry.

2009 $1.6 Billion 2010 $1.7 Billion 2011 $1.9 Billion 2012 $1.9 Billion 2013 $2 Billion 2014 $2.1 Billion 2015 $2.1 Billion 2016 $2.1 Billion 2017 $2.1 Billion 2018 $2.16 Billion

Some Alec Gores images

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Famous Quotes:

"I love this country. I love what it brings. When you come from a different place, and you get to see the freedom that we have, the opportunity that we have -- it's insane."

Biography/Timeline

1953

Alec Gores was born in 1953 in Nazareth, Israel to a Catholic family, and he was raised and remains a practicing Catholic.

1978

In 1978, he founded Executive Business Systems with $10,000, selling computers out of his basement. By 1986 the company employed over 200 people and was acquired by CONTEL for approximately $2 million.

1987

Following the acquisition, Gores began acquiring and operating non-core businesses from major corporations. He eventually founded The Gores Group, a private equity firm in 1987 and since then has acquired 80 companies over 25 years.

2012

In November 2012, he lost $17.4 million to gambler JP McManus in one backgammon session.

Tags:

Living people American billionaires American computer businesspeople American financiers American investors American people of Greek descent American people of Lebanese descent American Roman Catholics American technology company founders American technology chief executives American venture capitalists Israeli emigrants to the United States Israeli people of Greek descent Israeli people of Lebanese descent People from Flint, Michigan People from Nazareth Western Michigan University alumni 1953 births

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