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Alec Gores

Alec Gores

0% | $ 0M
A. Gores
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
72Y
Country
United States
Born On
January, 1953
Deceased
No
Relationship Status
Married
Children
6
Education

Western Michigan University - Bachelor Of Science In Computer Science

Designation Info :

Self-Made
Yes
Type
Self-Made (Private Equity)
Organization Name
The Gores Group
Title
Founder & CEO
Source

The Gores Group

Industry
Finance, Investments, Private Equity

About A. Gores


A lec Gores is an Israeli-American billionaire businessman and the founder of The Gores Group, a Los Angeles-based private equity firm. Born in Nazareth, Israel, to a Greek father and Lebanese mother, he immigrated to the United States as a teenager. After earning a degree in computer science, he founded a computer hardware and software distribution company, which he later sold, providing the initial capital for his move into private equity.

He founded The Gores Group in 1987, pioneering an operational approach to private equity. His firm specializes in acquiring and turning around underperforming or non-core divisions of large corporations, particularly in the technology, industrial, and healthcare sectors. In recent years, Gores has become one of the most prolific and successful sponsors of special purpose acquisition companies (SPACs), launching numerous blank-check companies that have taken prominent businesses like Luminar Technologies and United Wholesale Mortgage public. His brother, Tom Gores, is also a billionaire private equity investor and the owner of the Detroit Pistons NBA team.

Quick Reads


  • Founder of the private equity firm The Gores Group.
  • Specializes in acquiring and managing mature or underperforming businesses.
  • Born in Israel, he immigrated to the U.S. and started his career in the tech industry.
  • Has become a major player in the SPAC (special purpose acquisition company) market.
  • His brother, Tom Gores, is also a billionaire and owns the Detroit Pistons.

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