ALEC GORES

2022-06-20T07:00:00.0000000Z

2022-06-20T07:00:00.0000000Z

LABJ

https://labusinessjournal.pressreader.com/article/296949752280330

FINANCE | 2022 LA500

Chief Executive & Founder The Gores Group Gores founded his eponymous investment firm in 1987. The Gores Group focuses on partnering with mature and growing businesses that lead in their space. Gores has an estimated net worth of $3.4 billion and was No. 26 on the Business Journal’s 2021 list of Wealthiest Angelenos. The Gores Group is a Wall Street heavyweight for special purpose acquisition companies, or SPACs. Most recently, Gores announced a $20 billion deal that merges Polestar, premium electric performance car maker, with Gores Guggenheim Inc., and a $1.6 billion deal that merges Footprint, leading ESG packaging business, with Gores Holdings VIII Inc.

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