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Squawk Pod

Bonus: The Path with Becky Quick: Dan and Nick Gilbert’s Rare Legacy 5/20/

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 21 May 2026

⏱️ 32 minutes

🧾️ Download transcript

Summary

Dan Gilbert wears many hats: NBA owner, entrepreneur, Detroit booster and Dad. While building Rocket Companies – the $30 billion mortgage giant – and investing billions in the Motor City’s 21st century development, he was a rare disease parent. Gilbert’s oldest child, Nick, died in 2023 following a lifelong battle with neurofibromatosis, a genetic disease that causes tumors to grow on nerve pathways anywhere in the body. The most common type, NF1, affects approximately 1 in 2,500 births. Half of those patients develop learning and physical challenges. Nick had a following among basketball fans. He represented the Cleveland Cavaliers at multiple NBA draft lotteries and proved something of a good luck charm for the team and the city. Since his death, the Gilbert family have pledged millions to fund research initiatives in the hopes of finding a cure for NF. Read more about the Gilbert Family Foundation’s work here: https://gilbertfamilyfoundation.org/ Follow the high-impact research to develop treatments for neurofibromatosis type 1: https://www.nfxdetroit.org/ If you are a parent or caregiver seeking NF information: https://www.ctf.org/ Join us in advancing awareness and understanding of rare diseases. Visit CNBC.com/Cures to access clips, resources, or to sign up for our weekly newsletter. Learn more about rare disease – and what to do in a diagnosis – at the National Organization for Rare Disorders: https://rarediseases.org/ Follow Becky Quick on X: @BeckyQuick Please share your thoughts or rare disease story in the comments, and join us on The Path.

Transcript

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0:00.0

Like most parents would get that diagnosis, we go,

0:05.0

neuro what?

0:07.0

But when he lost his hearing and his eyesight,

0:10.0

he would tell me, Dad, I'm Helen Keller 2.0.

0:13.0

Is it ever frustrating to think, you've got billions of dollars

0:19.0

and yet you can't fix everything?

0:21.3

You can't.

0:23.2

No, that's a sobering thing.

0:28.9

I'm Becky Quick.

0:30.3

This is another step on the path, a podcast series from CNBC Cures about the people,

0:35.5

the struggles, and the science of rare disease.

0:39.1

Nick Gilbert!

0:44.2

We'll never forget you, buddy.

0:46.8

Sometimes the struggle is so severe that all the money in the world can't fix it.

0:52.3

Your dad called you his own personal hero.

0:55.3

How's that make you feel?

0:56.8

Well, I mean, what's not to like?

1:00.7

But when it comes to the heroic patients and families who spend years contending with devastating

1:06.4

diagnoses and still continuing to hope, well, what's not to like indeed?

1:17.1

Good morning and welcome to Squawk Box right here on...

1:19.7

I first met my guest today, Dan Gilbert, years ago, probably 20 years ago.

1:24.9

He's been a longtime friend of CNBC Squawk Fox, often sitting in as a guest host to discuss business and housing.

...

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