Alec Gores Net Worth

$3 Billion         |         Rank #1196

Who is Alec Gores

His SPACs have orchestrated mergers to take companies like Luminar Technologies, United Wholesale Mortgage and Twinkie-maker Hostess Brands public.
Gores founded private equity firm The Gores Group in 1987, though its assets have shrunk more than 80% in the last decade to $574 million.
Gores and his younger brother Tom, also a billionaire, immigrated to America from Israel with their parents and four other siblings in 1968.
The brothers worked together at the beginning of their careers but went their separate ways in 1995 and have occasionally competed for buyout deals. Coming from an average or middle class family, Alec Gores is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1196 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 69.0 years old. As of today, Alec Gores’s net worth is approximately 3 Billion.

Facts about Alec Gores

Net Worth: 3 Billion
Billionaire Rank: 1196
Age: 69.0
Date of Birth: 18-03-53
Gender: Male
Currently Living in: Beverly Hills, California, United States
Birth Place: United States
Source of Wealth: private equity

To find out what is Alec Gores Net Worth, how he got there and what is Alec Gores Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Alec Gores

Alec Gores was born on 18-03-53 in United States. Alec’s and Tom’s brother Sam is the chairman of the Paradigm Talent Agency, which lists Coldplay, Laurence Fishburne and Ed Sheeran among its clients.
Gores says he has donated more than $50 million in his lifetime, as of mid-2018, to recipients such as the Hebrew University of Jerusalem and programs for children Gores’ first job after immigrating to the United States at age 15 was bagging groceries for 25 cents an hour at his uncle’s store in Flint, Michigan. Being raised in the same country, Alec Gores spent most of his time in California in the city of Beverly Hills.

Alec Gores net worth is estimated at 3 Billion Billion to date.

 

Alec Gores private equity
Alec Gores Net Worth

Professional Journey

You will see him often in social media.  Gores has sponsored more than a dozen SPACs since 2015 as an early adopter of the blank-check frenzy that exploded in 2020. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Alec’s and Tom’s brother Sam is the chairman of the Paradigm Talent Agency, which lists Coldplay, Laurence Fishburne and Ed Sheeran among its clients.
Gores says he has donated more than $50 million in his lifetime, as of mid-2018, to recipients such as the Hebrew University of Jerusalem and programs for children In his youth, he was adventurous but unknown, but that was years ago. His SPACs have orchestrated mergers to take companies like Luminar Technologies, United Wholesale Mortgage and Twinkie-maker Hostess Brands public.
Gores founded private equity firm The Gores Group in 1987, though its assets have shrunk more than 80% in the last decade to $574 million.
Gores and his younger brother Tom, also a billionaire, immigrated to America from Israel with their parents and four other siblings in 1968.
The brothers worked together at the beginning of their careers but went their separate ways in 1995 and have occasionally competed for buyout deals. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Gores has sponsored more than a dozen SPACs since 2015 as an early adopter of the blank-check frenzy that exploded in 2020.
It is to be noted that Alec Gores is one of the selfmade billionaires in the world and stands at 1196 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Alec Gores:

How much is Alec Gores worth?

Alec Gores’s net worth is estimated to be 3 Billion.

How old is Alec Gores?

Alec Gores was born on 18-03-53, and is currently 69.0 years old.

What is Alec Gores source of income?

Alec Gores acquires most part of his wealth from private equity.
 

Concluding Alec Gores Net Worth

Currently with a net worth of 3 Billion, Alec Gores stands at 1196 in the world billionaires list. And draws most of his wealth from private equity. Hope you like this information about Alec Gores. If you like this, then please share it with your friends. This above post is all about the estimated worth of Alec Gores. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Alec Gores. Actual worth may vary a little. You can always get information by checking out Leaktown.com.