Tom Gores

Tom Gores

Tom Gores (#332)

If we are making progress--then I am patient. If we are not making progress, I am very impatient.

  • $ 10 B
  • Private equity
  • United States
  • M
  • 61 Years

About Me

Tom Gores oversees more than 60 companies with some $50 billion in assets through his Los Angeles-based private equity firm, Platinum Equity. The Gores family moved from Israel to Michigan when Tom was four. In his youth, he stocked shelves at his father's small grocery store in Flint. His brother, Alec, is also a private equity billionaire. Tom and Alec spent their 20s learning the buyout business together before splitting in 1995. Gores and Platinum bought the NBA's Detroit Pistons in 2011. He bought out Platinum's stake in 2015, giving him 100% of the team's equity. Gores bankrolled a $90 million headquarters and training center for the Pistons that opened in 2019.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Tom Gores’s rise and global influence.

  • #332   Billionaires (2026)
  • #121   Forbes 400 (2025)
  • #19   Richest U.S. Sports Team Owners (2025)
  • #25   World's Richest Sports Team Owners (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Tom Gores’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $10.1B (May 4, 2026)