Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says ‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse U.S. stocks fall after Iran says Strait of Hormuz will remain shut Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf Gordan Chang – “China Is Broke – Rulers Are Desperate – Bad Things Are Going to Happen” American Airlines will stop upgrading elite flyers to business from coach on long domestic flights Does Africa still back Infantino as Fifa president? A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon.

Alec Gores

Alec Gores

Alec Gores (#1744)

Global Rank #1744
Country Rank #604
Country United States

"I love this country. I love what it brings. When you come from a different place, and you get to see the freedom that we have, the opportunity that we have -- it's insane."

  • $ 2 B
  • Private equity
  • United States
  • M
  • 73 Years

Snapshot

Quick Facts

Global Rank #1,744
Country Rank #604
Net Worth $2.4B
Previous Worth $2.4B
Worth Change +$0.0B
Country United States
Industry Private equity
Age 73 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 29 Jul 2026, 12:00 AM
Residence Beverly Hills, California
World Billionaires List United States Billionaires Private equity

Profile Data

Personal Stats

Age 73
Source Of Wealth Private equity, Self Made
Self Made Score 9
Philanthropy Score 1
Residence Beverly Hills, California
Citizenship United States
Marital Status Married
Children 6
Education Bachelor of Arts/Science, Western Michigan University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.4B
Current Net Worth $2.4B

Worth as of May 4, 2026

About Me

Private equity mogul Alec Gores cofounded the Gores Group and has sponsored more than a dozen SPACs since 2015 as an early adopter of the blank-check frenzy that exploded in 2020. His SPACs have orchestrated mergers to take companies like Luminar Technologies, United Wholesale Mortgage and Twinkie-maker Hostess Brands public. Gores and his younger brother Tom, also a billionaire, immigrated to America from Israel with their parents and four other siblings in 1968. The brothers worked together at the beginning of their careers but went their separate ways in 1995 and have occasionally competed for buyout deals.

Insights

Did You Know?

Gores' first job after immigrating to the United States at age 15 was bagging groceries for 25 cents an hour at his uncle's store in Flint, Michigan.

Alec's and Tom's brother Sam is the chairman of the Paradigm Talent Agency, which lists Coldplay and Ed Sheeran among its clients.

Wealth Growth

Net Worth Growth Over Time

Tracking Alec Gores's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $2.4B (May 4, 2026)

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