Hank Doug Meijer Net Worth is$4.9 Billion
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Hank and Doug Meijer's net worth: Hank and Doug Meijer's net worth is $4.9 billion dollars which makes them among the richest people in the state of Michigan. Hank and Doug Meijer are the co-Chairmen of Meijer, Inc., the grocery store chain started by their grandfather, Henrik Meijer, during the Great Depression. Their father, Frederik Meijer, who began working at the first location when he was 14, when on to take over the family business, and grew it into a massive grocery empire. The Meijer stores were the first stores to combine high quality produce and grocery items with department store items. The company was quite successful up through the early 90s, until Wal-Mart began cutting into their business. There are currently 190 Meijer stores in five states, and the company is headquartered in Michigan, where it has the largest concentration of stores. Since the early 2000s, the company has been restructuring, changing its image, shuffling employees, and laying off others, in an attempt to remain competitive.

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Hank Doug Meijer Latest News

Meijer surprises customers by paying for purchases

In most cases, the store director revealed the gift upon checkout, but Hank Meijer, Co-Chairman Doug Meijer, and Meijer President Rick Keyes also helped express thanks. “We are always looking for ways to improve our customers’ in-store shopping ...
Posted: November 29, 2015, 4:00 pm

Doug Meijer: A billionaire’s battle with depression

Meijer is a household name in West Michigan because of the chain of supermarkets named after the family. Doug and his brother Hank, both executives in the company, are reportedly worth a combined $6.8 billion. Doug Meijer said he began to struggle with ...
Posted: September 19, 2016, 11:40 pm

Meijer Inc. announces first CEO not named Meijer

Meijer said Hank Meijer will work closely with CEO Rick Keyes in developing and executing strategies consistent with the values at the heart of the team. Doug Meijer and Mark Meijer also will stay actively involved through their roles as directors of ...
Posted: December 2, 2016, 1:39 pm
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