What is the Ilitch family net worth?

Mike Ilitch was an American businessman, founder and owner of the international fast-food franchise Little Caesars Pizza.

Michael Ilitch Sr was born on July 20, 1929, in Detroit, Michigan, United States. His parents are Sultana Tasseff Ilitch, and Sotir Ilitch. His parents are both Macedonian immigrants with his father being a tool-and-die maker.

Mike Ilitch graduated from Cooley High School in Detroit, Michigan. He went on to serve in the U.S. Marine Corps for four years. He later had a four-year minor league career with the Detroit Tigers from 1952 to 1955. He has played for the New York Yankees, and Washington Senators organizations.

In 1959, Mike Ilitch started a pizza business Little Caesars Pizza Treat in Garden City, Michigan along with his wife, Marian. He and his family established Ilitch Holdings, Inc in 1999. As of December 2016, Mike was #86 on the Forbes 400 with an estimated net worth of $6.1 billion.

Mike Ilitch owned Olympia Entertainment, as well as the Detroit Red Wings of the National Hockey League and the Detroit Tigers of Major League Baseball. He was inducted into the Hockey Hall of Fame in 2003 as well as the United States Hockey Hall of Fame in 2004.

Mike Ilitch was married to Marian Bayoff Ilitch with whom he tied the knot in 1955. He is the father of Christopher Ilitch, Mike Ilitch Jr., Ronald Tyrus Ilitch, Atanas Ilitch, Denise Ilitch, Lisa Ilitch Murray, and Carole Ilitch.

Mike Ilitch and Marian appointed two of their children, Christopher Ilitch and daughter Denise Ilitch, as co-presidents of Ilitch Holdings, Inc in 2000, Ilitch. Christopher Ilitch was named CEO and president while Denise Ilitch later left the company. Mike Ilitch passed away on February 10, 2017, in Detroit, Michigan, the United States at the age of 87.

What is the Ilitch family net worth?

The Ilitch family has an overall net worth of $6.1 million.