The founder and owner of Detroit-based Quicken Loans Inc. has been ranked as the richest person in the state of Michigan.

Dan Gilbert has an estimated net worth of nearly $6 billion, according to’s latest rankings of the richest individuals in every state.

In addition to Quicken — Gilbert is the majority owner of the Cleveland Cavaliers, has over 100 business and real estate ventures, and owns more than 90 Detroit properties.

Source: Mortgage Daily