Founder, Chief Executive, The Gores Group
Gores founded his eponymous investment firm in 1987. The Gores Group
focuses on partnering with mature and growing businesses that lead in
their space. Gores has an estimated net worth of $3.1 billion and was
No. 27 on the Business Journal’s 2022 list of Wealthiest Angelenos. The
Gores Group is a Wall Street heavyweight for special purpose acquisition
companies, or SPACs, which have involved ventures like electric
car maker Polestar and packaging business Footprint. In recent news,
Gores, along with his brother Tom, were part of a bidding group last
year that unsuccessfully attempted to purchase the Denver Broncos.
YEARS ON THE LA500: 8