Alec Gores
Overview
- Source of Wealth
- Private equity
- Industry
- Finance & Investments
- Residence
- Beverly Hills, California
- Education
- Western Michigan University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 6
Assets
- Ardagh Metal Packaging9,768,750 shares @ --AMBP-US
- Ardagh Metal Packaging6,250,000 shares @ --AMBP-US
- CoStar Group Inc.310,000 shares @ --CSGP-US
- Hostess Brands, Inc0 shares @ --TWNK-US
- J.M. Smucker Co.145,800 shares @ --SJM-US
- Luminar Technologies92,884 shares @ --LAZRQ-US
- Luminar Technologies349,472 shares @ --LAZRQ-US
- Matterport1,708,000 shares @ --MTTR-US
- Polestar Automotive Holding UK148,500 shares @ --PSNY-US
- Polestar Automotive Holding UK293,436 shares @ --PSNY-US
- Sonder Holdings7,809,000 shares @ --SONDQ-US
- Sonder Holdings137,500 shares @ --SONDQ-US
- United Wholesale Mortgage5,667,000 shares @ --UWMC-US
- United Wholesale Mortgage2,310,000 shares @ --UWMC-US
- Verra Mobility3,416,000 shares @ --VRRM-US
Biography
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.
About
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.