(WWJ) Billionaire Detroit businessman Dan Gilbert has been released from the hospital, weeks after suffering a stroke.
According to a statement out Thursday by Quicken Loans CEO Jay Farner, Gilbert was discharged from Beaumont Hospital in Royal Oak Wednesday and will now continue focusing on his recovery at an in-patient rehabilitation center.
Gilbert had the stroke at Beaumont on May 26. He has been taken to the hospital the night before after reporting feeling ill.
"The entire family is incredibly grateful for the world-class care Dan received from the entire staff of Beaumont Hospital," Farner said, adding: "Dan is looking forward to beginning an intensive rehabilitation program and is eager to continue the progress he has made over the last several weeks."
A source, who asked not to be named, told WWJ Newradio 950 that the rehab facility is in Chicago. The source said Gilbert is "mentally sharp," and that the 57-year-old will be treated for some physical problems.
There had been few updates about the Quicken Chairman's condition since that time, save a previous statement from Farner June 5 stating that Gilbert was focused on improvement and had maintained his strong sense of humor, requesting his favorite drink and joking with hospital staff when they couldn't provide it.
Bill Emerson, CEO of Gilbert's Bedrock company, filled in for Gilbert at the Mackinac Policy Conference where he'd been set to speak late last month. Speaking to WWJ at the event, Emerson said Gilbert was alert and doing as well as could be expected.
He added that as Gilbert is a not a one-man show, having hired many talented people for his companies, there's no cause for concern about his properties.
"We know what the mission is, we know what to do, we're executing on that."
Gilbert, who has invested billions of dollars in the city of Detroit, founded Quicken Loans, the nation's largest online mortgage lender. He has built a billion dollar business empire with numerous company holdings in Ohio and Michigan and has owned to Cleveland Cleveland Cavaliers since 2005.
