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

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Michael Marian Ilitch Latest News

Pat Caputo - Moment just right for Steve Yzerman, Red Wings

Owner Marian Ilitch was sitting in the front row at the news conference ... Defenseman Dennis Cholowski, and forwards Michael Rasmussen and Filiip Zadina - the Red Wings’ last three first-round NHL ...
Posted: April 19, 2019, 2:31 pm

Funeral service set for Ronald Ilitch

Ronald Ilitch is survived by sons of Ryan T., Michael Edward, Susan and Ronald, Jr. His mother, Marian Ilitch, and siblings Denise, Michael Jr., Lisa Ilitch Murray, Atanas, Christopher and Carole and ...
Posted: February 24, 2018, 12:13 pm

Inside the new Mike Ilitch School of Business at Wayne State University

In July 2014, they gave $8.5 million to the School of Medicine, creating the Ilitch chair for surgical innovation and changing the department's name to the Michael and Marian Ilitch Department of ...
Posted: August 21, 2018, 3:13 pm
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