Marian Ilitch
Food and Beverage

Marian Ilitch Net Worth

Marian Ilitch was born on January 07, 1933 in Bingham Farms, Michigan, United States. She and her late husband, Mike, cofounded Little Caesars Pizza in 1959 and have since grown it into a multi-billion dollar business. In addition to Little Caesars, Marian also owns the Detroit Red Wings and MotorCity Casino Hotel, while Mike's Detroit Tigers are now in a family trust. She is currently working on a $1.2 billion sports and entertainment district in Detroit.
Marian Ilitch is a member of Food and Beverage

Age, Biography and Wiki

Birth Day January 07, 1933
Birth Place Bingham Farms, Michigan, United States
Age 90 YEARS OLD
Birth Sign Aquarius
Residence Detroit, Michigan, U.S.
Citizenship American
Occupation Entrepreneur, owner of Detroit Tigers & Detroit Red Wings, co-founder of Little Caesars Pizza
Spouse(s) Mike Ilitch (m. 1955; his death 2017)
Children 7

💰 Net worth: $4.3 Billion (2024)

Marian Ilitch, a prominent figure in the food and beverage industry in the United States, is estimated to have a net worth of $4.3 billion by 2024. Known for her contributions to the success of the Ilitch Holdings company, which includes popular brands like Little Caesars Pizza and the Detroit Red Wings, Marian Ilitch has built a formidable empire. Her expertise in the culinary world, coupled with her savvy business acumen, has propelled her to become one of the wealthiest individuals in the country. Marian continues to make significant strides in the food and beverage industry, solidifying her status as a formidable force in the business landscape.

2009 $1.4 Billion
2010 $1.7 Billion
2011 $2 Billion
2012 $2.7 Billion
2013 $3.2 Billion
2014 $4 Billion
2015 $5.4 Billion
2016 $5.8 Billion
2017 $6 Billion
2018 $5.24 Billion

Biography/Timeline

1933

Marian Bayoff was born in 1933 and raised in Dearborn, Michigan, the daughter of Macedonian immigrants.

1954

She met her Future husband Mike Ilitch, also a child of Macedonian immigrants, in 1954 when the two went on a blind date arranged by his Father. A year later, they married. The couple has seven children together.

1959

The Ilitches founded Little Caesars Pizza in 1959, which they expanded as a franchise. They have since expanded their interests to include restaurants, entertainment, Sports and Gaming.

1965

Ilitch and her husband have seven children: Christopher Paul Ilitch (born June 1965) is CEO and President of Ilitch Holdings, Inc.; Denise D. Ilitch (born November 1955) is an attorney and former co-president, with her brother, of Ilitch Holdings. Other children are Ronald "Ron" Tyrus Ilitch, Michael C. Ilitch, Jr., Lisa M. Ilitch Murray, Atanas Ilitch (born Thomas Ilitch) and Carole M. Ilitch. Ron Ilitch was found dead in his hotel room in February 2018 at the age of 61. This means now six out of seven children remain.

1985

In 1985, Ilitch and her husband established the Little Caesars Love Kitchen Foundation, which consists of a mobile pizza restaurant. The Love Kitchen has fed more than 2 million people, aiding the hungry and disaster victims across the U.S. and Canada. Three Presidents, President Ronald Reagan, President George Bush Sr, and President Bill Clinton have recognized the work of the Love Kitchen.

1997

The Detroit Red Wings have won four Stanley Cups under Ilitch family ownership: 1997, 1998, 2002, and 2008. Marian Ilitch and three daughters are among only 12 women to have had their names engraved on the trophy.

1999

Ilitch served as vice chairwoman and secretary-treasurer of all of her family's various holdings until 1999, when Ilitch Holdings, Inc. was formed as the parent company for her family's widespread interests. She became chairwoman upon her husband's death.

2005

One of the original Investors in Detroit's MotorCity Casino, Ilitch realized an opportunity to purchase total interest in the casino resort complex from various minor stakeholders and Mandalay Resort Group in 2005. Michigan Gaming laws prohibit one company from owning more than one Detroit casino property. With Ilitch as owner, MotorCity Casino is reportedly one of the largest independently owned casino enterprises in the United States—likely the largest woman-owned casino in the U.S.

2006

Mike Ilitch's Detroit Tigers, a baseball team, logged losing records in 12 out of 13 seasons but turned the team around in 2006. They made the playoffs for the first time since 1987. The Ilitches successfully spearheaded a public/private partnership with the taxpayers of the greater Detroit area to build a new home for the Tigers in downtown Detroit. The $300 million plus Comerica Park opened in April 2000. Ilitch Holdings, Inc. manages the stadium and parking.

Some Marian Ilitch images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.