$9.4 billion
up 6.9%
Gores, founder and chief executive of Platinum Equity, saw modest gains this year as Platinum’s assets under management rose to $50 billion in August 2025 from around $48 billion in August 2024. The firm’s recent deals include the acquisition of helicopter operator Héroux-Devtek and the pending purchase of the New Jersey-based Anuvu. The Holmby Hills resident’s full ownership of the Detroit Pistons, along with a new 27% stake in the Los Angeles Chargers, have kept his sports holdings on the upswing. Education: Growing up outside of Flint, Michigan, Gores parlayed a construction degree from Michigan State into founding Platinum Equity in 1995. Investment style: Gores, 62, is known for balancing aggressive dealmaking with civic engagement and has publicly committed to Detroit’s revival through projects like FlintNOW. Sports Stake: Gores, 62, purchased his stake in the Chargers last year, which helped end a long-running family dispute between the heirs of the team’s previous majority owner.
