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The IPO for the Detroit-based parent of Quicken Loans and Rocket Mortgage raised $1.8 billion, short of an earlier target of $3.3 billion.
With the share offering, Gilbert’s net worth is reportedly around $30 billion.
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Shares in billionaire Dan Gilbert’s Rocket Companies soared as much as 26% in their Wall Street debut, following a downsized initial public offering. So reports Bloomberg.
!--more-->The IPO for the Detroit-based parent of Quicken Loans and Rocket Mortgage raised $1.8 billion, short of an earlier target of $3.3 billion.
With the share offering, Gilbert’s net worth is reportedly around $30 billion.