Who has owned the Detroit Pistons?
Tom Gores
What are the Detroit Pistons worth?
In 2021, the franchise had an estimated value of 1.45 billion U.S. dollars….Detroit Pistons franchise value from 2003 to 2021 (in million U.S. dollars)
| Characteristic | Franchise value in million U.S. dollars |
|---|---|
| 2020 | 1,450 |
| 2019 | 1,270 |
| 2018 | 1,100 |
What is Tom Gore worth?
5.8 billion USD (2021)
How long has Tom Gores owned Pistons?
In 2011 Gores and Platinum bought the NBA’s Detroit Pistons. In August 2015 he purchased Platinum’s stake, giving him 100% of the team’s equity.
Are Alec Gores and Tom Gores related?
He obtained a degree in computer science from Western Michigan University, and was the first in his family to attend college. He is the older brother of Tom Gores, founder of Platinum Equity, and Sam Gores, the head of Paradigm Talent Agency.
How much did Tom Gores pay for the Detroit Pistons?
Gores acquired a controlling stake in the team and its suburban arena in 2011 for $325 million and bought out the remaining 49% stake in 2015. At the time, Forbes valued the franchise at $810 million. This year, Forbes said the Pistons, who play in a new downtown arena, were worth $1.45 billion.
How did Tom Gores get rich?
He founded Platinum Equity in 1995 Tom spent his early 20s learning everything about buyout business, and in 1995 he decided to fly on his own by establishing Platinum Equity.
Who is the owner of Platinum Equity?
Is Tom Gores A Lebanese?
Gores was born in Nazareth, Israel on July 31, 1964. He was the fifth of six children in a practicing Catholic family with a father of Greek descent and a mother of Lebanese descent. While a student at Genesee High School, Gores played defensive back in football, middle infielder in baseball, and guard in basketball.
Is Platinum Equity a good company?
Excellent investment firm Platinum is one of the best special situations investment firms in the world and has a great team and leadership. It is a stressful industry, but Platinum was a great place to work.
What does Platinum Equity own?
The firm manages four private equity fund vehicles, Platinum Equity Capital Partners, Platinum Equity Capital Partners II, Platinum Equity Capital Partners III, and Platinum Equity Capital Partners IV, a $6.5 billion buyout fund.
Who bought LifeScan?
Johnson & Johnson
Is Platinum Equity a private equity firm?
Platinum Equity » A Global Private Equity Firm Founded by Tom Gores.
What is M&A&O?
M&A&O helps our portfolio companies grow their businesses, realize their potential, and makes Platinum Equity, led by Tom Gores, an attractive acquirer for sellers seeking a stable owner for a divestiture.
What does M stand for in texting?
M means “Male”. This is the most common meaning for M on online dating sites, such as Craigslist, Tinder, Zoosk and Match.com, as well as in texts and on chat forums.
What is M the abbreviation for?
m is a written abbreviation for metres or , metre. m is a written abbreviation for the number million.
What are word that start with M?
7 letter words that start with M
- macaber.
- macabre.
- macacos.
- macadam.
- macaque.
- macaron.
- machete.
- machine.
What is the M swear word?
List of Curse Words Beginning With M. mcfagget – homosexual. mick – irish. minge – female genitalia. mothafucka – Jerk.
What is a nice word for M?
Positive Words That Start With M
| Madam | Maestro | Magic |
|---|---|---|
| Magna cum Laude | Magnanimity | Magnanimous |
| Magnate | Magnet | Magnetic |
| Magnificent | Magnifico | Magnify |
| Magnitude | Magnum Opus | Mahalo |