Background
Alec Gores was born in 1953 in Nazareth, Israel, to a Greek father and Lebanese mother.
Alec Gores was born in 1953 in Nazareth, Israel, to a Greek father and Lebanese mother.
He was raised in Flint, Michigan, and attended Genesee High School in Genesee, Michigan.
As of October 2015 his Netto worth was estimated at $2.1 billion by Forbes magazine. He then obtained a degree in computer science from Western Michigan University. They have been involved in a number of deals together including the 2011 acquisition of Alliance Entertainment, which distributes DVDs, CDs and video games to stores such as Barnes & Noble, Amazon.com and Target.
Sam Gores head of Paradigm Talent Agency
In 1978, he founded Executive Business Systems with $10,000, selling computers out of his basement.
By 1986 the company employed over 200 people and was acquired by CONTEL for approximately $2 million. Following the acquisition, Gores began acquiring and operating non-core businesses from major corporations.
He eventually founded The Gores Group, a private equity firm in 1987 and since then has acquired 80 companies over 25 years.