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October 1, 2014Mediocrity: It’s Just OK
October 1, 2014Cleveland Cavaliers majority owner Dan Gilbert is ranked No. 117 in Forbes’ latest edition of its “Richest People in America” list with an estimated worth of $4.2 billion. The list, once again headlined by Microsoft founder Bill Gates ($81 billion), saw its aggregate net worth move to $2.29 trillion, up $270 billion from a year ago. It took a minimum net worth of $1.55 billion to make The Forbes 400, $250 million more than in 2013.
Gilbert is prominently featured in a recent story at Forbes due to the businessman’s endeavor to save the city of Detroit.
Gilbert, who, at 52, has amassed an empire worth $4.2 billion, including the NBA’s Cleveland Cavaliers, casinos in four U.S. cities, 110 other loosely linked small companies–and bankrolling the revival of Detroit, the poster city for all that’s gone wrong in urban America. […] Yes, he’s saving Detroit because he loves the city, and yes, he sees an unprecedented opportunity to snap up real estate on the cheap (he is in the mortgage business, after all). But more than anything else, Dan Gilbert is saving Detroit to help his business.
Gilbert’s, whose $4.2 billion is largely a product of his ownership of Quicken Loans, is tied with Dallas Cowboys owner Jerry Jones. Detroit Tigers owner Mike Ilitch slides in right behind Gilbert and Jones at No. 122 with a worth of $4.1 billion. Browns majority owner Jimmy Haslam made the cut thanks to his $1.8 billion, placing him at No. 353. Indians owner Larry Dolan did not make the cut.
Others worth mentioning are New England Patriots owner, Robert Kraft, who is ranked No. 122 with a worth of $4 billion; Dallas Mavericks owner Mark Cuban (No. 225, $2.7 billion); and new Los Angeles Clippers owner, Steve Balmer, who is the richest owner in sports—his $22.5 billion is good enough for No. 18 on the list.
3 Comments
[Comic Sans] Just keep writing those checks, Dan. [/Comic Sans] 😉
Little Napoleon has mad stacks!
http://renewedreason.files.wordpress.com/2013/09/20130926-144752.jpg
I hope his neighbor next to the Q is paying attention!
Sans is lating for Without, is it not?
So when he wrote that letter, does that not mean he did so without any comedic reference whatsoever? If anything, Comic Sans should show just how serious he was.
Alright…if i type anymore…the bs will be taller than the waders I’m wearing.