Tom Gores (created July 31, 1964) is an American businessman, a billionaire with the estimated present net worth of $2.5 billion according to the 2011 Forbes list of World’s Billionaires. He could be the creator of Platinum Equity, a global private equity firm with headquarters in Beverly Hills.
Tom Gores was born right into a practicing Catholic family in Nazareth, Israel, the son of a daddy of Greek ancestry as well as a mom of Lebanese ancestry. His dad owned a construction company. In 1968, the family moved to Genesee, Michigan. He spent his twenties learning the buy out company with his older brother Alec. Before joining his brother, Tom was working at Continental Telephone to get a brief stint. Gores lives in Beverly Hills along with his lovely wife and three kids. He also has a house in Grosse Ile, Michigan. As a worldwide private equity business magnate, Gores was estimated in 2011 by Forbes to be the 159th-richest American with a $2.5 billion bundle. Since its foundation, the company has obtained more than 130 firms in sectors including technology and IT services, production, industrials, supply, transport and logistics, and gear leases. In 2010, Platinum Equity was recognized as among the biggest and fastest-growing private firms in The United States, ranking #31 on Forbes’ Biggest Private Companies list in 2010 and #1 on the 2010 and 2011 Los Angeles Business Journal list of LA’s Biggest Private Companies. In 2011, Platinum Equity increased to #23 on Forbes’ Biggest Private Companies list, due to some 22.4% increase in the company’s earnings. In 2011, Platinum rated #7 on the Los Angeles Business Journal’s list of the Biggest Private Equity Companies in La.