![Here Is the Richest Man in Michigan, and He Ain’t Hurtin’](https://townsquare.media/site/87/files/2020/02/GettyImages-545393914.jpg?w=980&q=75)
Here Is the Richest Man in Michigan, and He Ain’t Hurtin’
The numbers are out, and the richest man in Michigan is once again Dan Gilbert. Michigan's wealthiest resident is worth about $6.5 billion, down just a little from last year's estimate of $6.8 billion.
Gilbert co-founded what would become Quicken Loans in 1985 at the tender age of 22. He sold the company for $232 million in 1999 and purchased it again a few years later for $64 million.
Gilbert has made significant investments in the rehabilitation of downtown Detroit and is currently the owner of the Cleveland Cavaliers.
Gilbert suffered a stroke in early 2019. He currently resides in Franklin, Michigan.
24/7 Wall St. compiled the data, giving us this listing of the wealthiest resident in each of the 50 states. Each state has at least one person worth $300 million or more, and 44 states have at least one billionaire.
To see the complete list of the richest people in each state, click here.
![WKMI logo](https://townsquare.media/wp-content/uploads/2019/05/WKMIAM.png?w=100)
More From WKMI
![The Latest Memory And Marijuana Study. Here’s Why It Matters.](http://townsquare.media/site/84/files/2015/11/David-Ramos-Getty.jpg?w=980&q=75)
![KZoo Co Man Makes It Easy For Police To Find Stolen Snowmobile](http://townsquare.media/site/44/files/2020/02/RS3413_139488799-1.jpg?w=980&q=75)
![Traditional Chocolates are Michigan’s Top Valentine’s Day Candy](http://townsquare.media/site/690/files/2020/02/RS25787_GettyImages-184955198-scr.jpg?w=980&q=75)
![Sherman Lake YMCA Advances Capital Campaign](http://townsquare.media/site/656/files/2020/02/SLYMCA-marquee.jpg?w=980&q=75)
![Last Call: Less Than 75 Tickets Remaining For Wine Not? 2020](http://townsquare.media/site/904/files/2017/04/RS1332_000018402946.jpg?w=980&q=75)
![Binder Park Zoo Hopes ‘Arranged Marriage’ Will Beget Snow Leopard](http://townsquare.media/site/689/files/2020/02/Victoria-at-Henry-Doorly-Zoo-e1581430307519.jpg?w=980&q=75)
![Is This Kalamazoo’s Best Kept Secret?](http://townsquare.media/site/689/files/2020/02/Wallys1.jpg?w=980&q=75)
![Nancy Pelosi/Democrats Rip To Shreds Powerful American Stories](http://townsquare.media/site/656/files/2020/02/Nancy-Pelosi-waving-ripped-up-State-of-the-Union-Address-2-4-2020-Getty-Images-by-Drew-Angerer.jpg?w=980&q=75)
![The Shadow Town of Prattville: Hillsdale County, Michigan](http://townsquare.media/site/691/files/2020/02/attachment-antiquesnorthstar-ebay1.jpg?w=980&q=75)