Alec E Gores is an American billionaire businessman who began making his fortune through leveraged buyouts of technology firms at the firm The Gores Group.
11 Facts About Alec Gores
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Alec Gores has been instrumental in popularizing SPACs, beginning in the mid-2010s.
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Alec Gores is from a Catholic family, the son of a Greek father and a Lebanese mother.
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Alec Gores's family moved to Flint, Michigan in November 1968 when he was 15 years old.
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Alec Gores began working at his uncle's store in Flint, bagging groceries for 25 cents an hour.
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Alec Gores obtained a degree in computer science from Western Michigan University, and was the first in his family to attend college.
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Alec Gores left within six months, starting his own company that bought and distributed computers.
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Alec Gores pioneered the operational approach to private equity investing, initially deploying his own personal capital, followed by ~$4 billion of institutional capital across multiple investment vehicles.
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Alec Gores was selected as 2021 Business Person of the Year by LA Business Journal.
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Alec Gores is married to Kelly Noonan-Gores, producer and director of the award-winning documentary HEAL.