Michael and Marian Ilitch Net Worth $2.7 Billion
American entrepreneurs Michael and Marian Ilitch have an estimated net worth of $2.7 billion as of March 2013 according to Forbes. From a little pizza restaurant which they founded in 1959 in suburban Detroit, Michael and Marian Ilitch now own Little Caesars that is recognized as as one of the top three international pizza chains with eateries managing in four continents. Besides Little Caesars, the couple is also connected with the Detroit Red Wings Hockey Club which they purchased in 1982, along with Olympia Entertainment, Inc, the management business for Cobo Arenas and Joe Louis. In August 1992, Mike Ilitch purchased the baseball team, the Detroit Tigers. It was in May 1996 when Olympia Development, L.L.C was started. Through time, the Ilitch’s assets continue to grow and expand. This resulted in the forming of the Ilitch Holdings, Inc which provides professional and technical services to the principal business interests owned by your family. These businesses include Blue Line Food service Distribution, Olympia Development, Champion Foods,Olympia Entertainment,Uptown Amusement,Detroit Red Wings,Little Caesars Pizza Kit Fundraising Application and Little Caesar Enterprises.