Michael Marian Ilitch Net Worth is
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Michael "Mike" Ilitch Sr. (born July 20, 1929) 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 Detroit's downtown redevelopment efforts; he purchased and renovated the Fox Theatre and relocated his business headquarters (Ilitch Holdings) there. He also owns Olympia Entertainment.
A first generation American of Macedonian descent, he is married to Marian Bayoff Ilitch.

Ilitch was born in Detroit in 1929 to Macedonian immigrants Sotir and Sultana Ilitch. His father Sotir was a tool-and-die maker.
A graduate of Cooley High School in Detroit, Michigan, Mike Ilitch entered the U.S. Marine Corps for four years. After his return home to Detroit, the Detroit Tigers offered him $3000 if he would sign to play baseball, and Ilitch had a four-year minor league career from 1952-1955. Ilitch played mostly second base for the Tigers', New York Yankees', and Washington Senators' organizations in the Pennsylvania-Ontario-New York League, Cotton States League, and Florida International League. He was forced out of his playing career due to a knee injury.
After leaving baseball, Ilitch started a pizza business in 1959. With the help of his wife, Marian, the Ilitches opened Little Caesars Pizza Treat in Garden City, Michigan, the first of what would become many thousands of restaurants through franchising. They have expanded from that into other restaurants, sports teams, and other enterprises.
As of 2012[update], the family's entities remain privately held. In 1999, the Ilitches established Ilitch Holdings, Inc. to provide their various enterprises with professional and technical services. They hold the titles of Chairman and Vice Chairwoman, respectively. The combined total revenues for these enterprises in 2007 reportedly exceeded $1.8 billion. Mike Ilitch had

Michael Marian Ilitch Latest News

Best pizza places from memory lane

Pizza!” when you remember Little Caesar’s Pizza, where you got two pizzas for the price of one. Founders Michael and Marian Ilitch grew the chain from a single carry-out only restaurant in Detroit to the largest carry out pizza chain in the world.
Posted: October 16, 2016, 11:05 pm

Construction Starts at Little Caesars’ Detroit HQ

Michael and Marian Ilitch founded Little Caesars in 1959 and grew the company from a single storefront into the world’s largest carryout pizza chain. Image courtesy of Little Caesars Global Resource.
Posted: October 12, 2016, 2:51 pm

Red Wings Launch New Mobile Ticket Program at The Joe, Plan Fan App for Little Caesars Arena

The Detroit Red Wings were founded in 1926. The team was acquired by Michael and Marian Ilitch in 1982 and is now a part of Ilitch Holdings Inc. The team has won 11 Stanley Cup Championships, the most recent in 2008.
Posted: October 20, 2016, 10:44 am
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