DETROIT – Forbes magazine came out with its annual richest person list and Dan Gilbert was tops in Michigan (and 31st nationwide) with an estimated worth of $5.1 billion.
Gilbert’s Quicken Loans, the nation’s largest online mortgage lender, is now hawking Rocket Mortgages, a new Web and smartphone app to speed the approval process. Critics worry it could spark another real estate bubble. Gilbert continues to place bets on the city of Detroit, spending $2.2 billion to buy and renovate more than 80 downtown buildings and create a tech and entertainment hub in the Motor City, including a new light rail system he helped bankroll called QLine. He’s big in Ohio, too, where he owns the NBA’s Cleveland Cavaliers and several casinos.
To check out the nation’s other richest folks, click on http://www.forbes.com/sites/danalexander/2016/05/25/meet-the-richest-person-in-every-state-2016-billionaires/#1f9f590745ef