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Tom Gores (born Tewfiq Georgious, [2] Arabic: توفيق جورجيوس; July 31, 1964) [3] is an American billionaire businessman. He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California. In June 2011, Gores and Platinum Equity became the owners of the National Basketball Association's Detroit ...
Platinum Equity was founded in 1995 by Tom Gores. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. After purchasing it for $200,000, Platinum Equity focused on serving existing customers and returning the company to profitability. [2]
The Pistons, currently owned by Tom Gores, are in the Central Division of the Eastern Conference of the National Basketball Association (NBA), playing their home games at Little Caesars Arena. [1] [2] The franchise was founded in 1941 by Fred Zollner in Fort Wayne, Indiana as the Zollner Pistons, playing in the National Basketball League (NBL). [3]
Palace Sports & Entertainment (PS&E) is an American sports and entertainment company owned by Tom Gores. Its largest subsidiary is the Detroit Pistons of the National Basketball Association. The company was founded by Bill Davidson, and traces its roots to Davidson's purchase of the Pistons in 1974.
Tom Gores: $3.3 billion Lebanon United States: 8 Tony Fadell: $3.2 billion Lebanon United States: 9 Richard Rainwater: $2.8 billion Lebanon United States: 10: Moise Safra: $2.4 billion Lebanon Brazil: 11 Alvaro Saieh: $2.4 billion Lebanon Chile: 12: Alec Gores: $2.1 billion Lebanon United States. 13: David Nahmad: $2.0 billion Lebanon Monaco: 14
As of 2009, Gores is a practicing Catholic. [17] Gores has six children. He is married to Kelly Noonan-Gores, producer and director of the award-winning documentary HEAL. [18] He has a former wife, Lisa. [19] He is the older brother of Tom Gores, founder of Platinum Equity, [20] [21] and Sam Gores, the head of Paradigm Talent Agency. [22]
[22] [248] [249] Pistons owner Tom Gores, Palace Sports & Entertainment vice chairman Arn Tellum, and Olympia Entertainment, the Ilitch family's holding company that controls the Red Wings and Tigers, had been in negotiations over a partnership since the summer of 2015, with the Pistons possibly relocating to the new Little Caesars Arena as ...
Gores was born in Nazareth, Israel [3] in 1954 [3] and raised by his parents alongside his two brothers and three sisters. [3] His older brother, Alec Gores, and his younger brother, Tom Gores, both founders of private equity firms, have been included on the Forbes list as among the wealthiest people in the world.