Tom Gores
Tom Gores is an American entrepreneur who is the founder, chairman, and chief executive officer of Platinum Equity. Due to the large number of tactically-focused mergers, acquisitions, and operations organization that he has handled, the financier has a wide background of technological expertise, operational knowledge, and acquisitions experience.
Prior to creating Platinum Equity in 1995, Tom Gores had been a dynamic investor in startup operations and developed the idea of “managed entrepreneurship,” which was vital to his achievement in creating new value in all Platinum-owned companies. Mr. Gores merges his M&A know-how and operational knowledge to carry out acquisition strategies that have driven the rapid growth of Platinum Equity to a multi-billion-dollar revenue base in just 12 years.
Currently, Platinum Equity acquires businesses from leading Fortune 500 companies including Alcatel, CompuCom, DyStar, Fujitsu, GE, Global Crossing, Hays, Kemper Services, Lucent, Philips, Vivendi Universal, and Motorola.
Tom Gores also developed a deep infrastructure of more than a hundred M&A&O professionals dedicated to the completion of the transaction process from acquisition through operations. This active staff is part of Platinum’s exceptional corporate culture, which is guided by his leadership principles and core values.
Tom Gores was born in Israel and immigrated to United States. The self-made billionaire now resides in Beverly Hills, California with his wife and three children. With an estimated current net worth of 2 billion USD, Forbes ranked Tom Gores last March as the 334rd-richest person in the World. He also engages in philanthropic activities as a member of the board of directors at both UCLA Medical Center and St. Joseph’s Hospital. He holds a Bachelor’s degree from Michigan State University.