Dan was not feeling well Sunday morning so he was taken to the hospital by a family friend. While under care at the hospital, he suffered a stroke and was immediately taken in for a catheter-based procedure, then moved to recovery in the Intensive Care Unit.
Dan is awake, responsive and resting comfortably. Dan and his family are immensely grateful to the doctors and nurses whose early intervention is already paying dividends toward his recovery.
We will update the public as additional details become known. Thanks to the strong culture and leadership Dan has built and grown, business at the Rock Family of Companies will continue under the normal, everyday direction of their respective CEOs.
Billionaire Gilbert Awake and Responsive After Sunday Stroke
The health scare means Gilbert won't speak at the Mackinac Policy Conference on Wednesday as scheduled.
“First, the most important thing is Dan’s health. Dan and his family are in our thoughts and we are wishing him a speedy recovery. The Chamber is grateful that Dan’s colleague, Bill Emerson, will be taking his place on stage at the conference.”
Billionaire developer Dan Gilbert is hospitalized Sunday night with "stroke symptoms," according to The Detroit News.
Little is known at this moment; Gilbert was apparently stricken Saturday night and admitted early Sunday.
His emergency hospitalization comes a few days before the mogul was due to attend the Detroit Regional Chamber's annual Mackinac Policy Conference on Mackinac Island. Bill Emerson, vice chairman of Quicken Loans, will fill in Wednesday afternoon.
Gilbert, 57, is founder and chairman of Quicken Loans, majority owner of the NBA Cleveland Cavaliers and a significant owner of downtown Detroit real estate. He was admitted to Royal Oak Beaumont Hospital early Sunday morning.
Dan Gilbert bows out of Mackinac conference after health crisis
"He received immediate medical attention and is currently recovering comfortably," said a statement issued by the Quicken Loans family of companies following inquiries from The News. "Our collective thoughts and prayers are with Dan for a speedy recovery."
Cavs owner Dan Gilbert, in hospital, wont appear at business forum
Gilbert is, of course, one of the most wealthy and powerful businessmen in the metro area; his company helped revitalize downtown after he relocated Quicken Loans to downtown from Livonia in 2010.
Dan was not feeling well Sunday morning so he was taken to the hospital by a family friend, Quicken Loans Chief Executive Officer Jay Farner said in an emailed statement. While under care at the hospital, he suffered a stroke and was immediately taken in for a catheter-based procedure, then moved to recovery in the intensive care unit.
Dan Gilbert, hospitalized, wont attend Mackinac Policy Conference
Gilbert, 57, is a prominent Michigan real estate investor who bought several buildings in Detroit during the last U.S. recession and moved his company from the suburbs to the city, helping spark a revival in the Motor Citys downtown core. Hes been refashioning his citys downtown into a place that appeals to fast-growing, innovative businesses.
Cavaliers owner Dan Gilbert suffered stroke Sunday
He purchased a majority stake in the Cavaliers basketball team in 2005, winning the franchises first NBA championship with superstar LeBron James just over a decade later. Closely held Quicken Loans has grown to become the largest home mortgage lender in the U.S. and Gilberts personal fortune now totals about $8.9 billion, according to the Bloomberg Billionaires Index.
Through Rock Ventures, Gilbert has invested in more than 100 companies, including casinos in Baltimore and Cincinnati, thoroughbred racetracks in Ohio and Kentucky and technology startups, according to its website.
Gilberts companies will continue under the normal, everyday direction of their respective CEOs, Farner said.
Dan Gilberts family asks for privacy while business mogul is hospitalized
To contact the editors responsible for this story: Chua Baizhen at firstname.lastname@example.org, Katrina Nicholas, Peter Vercoe