Tom Gores: Owner of the Detroit Pistons with a $10.1 Billion Net Worth
Who owns the Detroit Pistons? Tom Gores has net worth of $10.1 billion
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Tom Gores, owner of the Detroit Pistons, has a net worth of $10.1 billion and has led the team back to the NBA playoffs for the second consecutive season. Under his ownership, the Pistons improved significantly, achieving a 60-22 record in the 2025-26 season and securing the top seed in the Eastern Conference.
- 01Tom Gores purchased a 51% stake in the Pistons in 2011 and became the sole owner in 2015.
- 02The Pistons achieved a franchise-best 60-22 record in the 2025-26 season.
- 03Under Gores, the Pistons have made the playoffs four times, with a notable turnaround after a 14-win season in 2023-24.
- 04Gores also leads an ownership group for a new WNBA franchise set to debut in Detroit in 2028.
- 05Controversies surrounding Gores include criticism for his company's involvement in the prison telecom industry.
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Tom Gores, the owner of the Detroit Pistons, holds a net worth of $10.1 billion and has been instrumental in the team's recent resurgence in the NBA. He initially acquired a 51% stake in the Pistons in 2011 and became the sole owner in 2015 after purchasing the remaining 49%. Under his leadership, the Pistons have made the playoffs four times, including a remarkable turnaround from a franchise-low 14-win season in 2023-24 to finishing with a 60-22 record in the 2025-26 season, securing the No. 1 seed in the Eastern Conference. Gores has also overseen significant changes, such as the team's move to Little Caesars Arena in Detroit and the establishment of The Henry Ford Detroit Pistons Performance Center in 2019. In addition to his NBA involvement, Gores is part of an ownership group for a new WNBA franchise set to launch in Detroit in 2028. However, his ownership has not been without controversy, as he faces criticism related to his company’s ties to the prison telecom industry.
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The Pistons' success and playoff appearances under Gores can boost local pride and economic activity in Detroit, especially with the team's new facilities and community engagement.
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