Mike Ilitch Net Worth

How much is Mike Ilitch Worth?

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Mike Ilitch Net Worth
Net Worth:
$2.4 Billion
Date of Birth
July 20, 1929
Place of Birth
Detroit
Profession
Entrepreneur, Businessperson

Mike Ilitch net worth: Mike Ilitch is an American entrepreneur who has a net worth of $2.4 billion dollars. Mike Ilitch was born in Detroit, Michigan in July 1929. Ilitch is the owner and founder of Little Caesars Pizza and also owns the Detroit Red Wings and Detroit Tigers. After high school he served in the U.S. Marine Corps for four years. He played minor league baseball for the Detroit Tigers in the 1950s. A knee injury forced him to retire. In 1959 Mike and his wife Marian started Little Caesars Pizza Tent in Garden City, Michigan. The family established Ilitch Holdings, Inc. in 1999. Mike has been listed on the Forbes 400 Richest Americans list. Ilitch was formerly involved with the Detroit Caesars of the American Professional Slow Pitch Softball League. He and his wife purchased the Detroit Red Wings of the National Hockey League in 1982 for $8 million. The team won the Stanley Cup in 1997, 1998, 2002, and 2008. In 1992 Ilitch purchased the Detroit Tigers of major League Baseball from the founder of Domino's Pizza. Ilitch started the Detroit Drive of the Arena Football League in 1988. The team made the Arena Bowl each of the six years they played. In 1992 Ilitch sold the team and they relocated to Massachusetts. In 2003 Ilitch was inducted into the Hockey Hall of Fame and into the United States Hockey Hall of Fame in 2004. Mike and Marian have seven children together. Their family was presented the key to the City of Detroit in 2008. Mike Ilitch also owns the Fox Theatre and Olympia Entertainment.

Mike Ilitch Net Worth

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Mike Ilitch

Mike Ilitch

Michael "Mike" Ilitch Sr. is an American entrepreneur, founder and owner of the international fast food franchise Little Caesars Pizza. He owns the Detroit Red Wings of the National Hockey League and Detroit Tigers of Major League Baseball. Ilitch has been at the center of D...
Profession
Date of Birth
  • July 20, 1929
Nationality
  • United States of America
Country
  • United States of America
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