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| Forbes 400 | #212 M/M Ilitch |
Forbes' 2011 List of 400 Richest Americans is out. The net worth of Detroit's Michael and Marian Ilitch is valued at $2 billion. That's up from $1.7 billion in September 2010. They are ranked #212 on the 2011 List of Richest Americans -- climbing 26 spots from 2010 (#238).
According to Forbes:
A stagnant economy continues to benefit Michael and Marian Ilitch's Little Caesar's chain, which sells $5 pizzas to penny-pinching consumers. Revenues are picking up at Marian's MotorCity Casino after a flat 2010. The Ilitch clan passed on the chance to buy the Detroit Pistons, but Mike's Detroit Tigers are in first place in the AL Central. Next up: a new downtown hockey arena for the Red Wings.
They share the #212 ranking with Neil Bluhm, John Catsimatidis, Edward DeBartolo Jr., Doris Fisher, Gordon Getty, Mark Pincus, Stewart & Lynda Resnick, J. Christopher Reyes, Jude Reyes, Eduardo Saverin, Richard Schulze, Ted Turner, Romesh T. Wadhwami and Kelcy Warren.
Forbes ranks Mr. & Mrs. Ilitch as the 5th richest in Michigan behind Richard DeVos, Frederik G.H. Meijer, Al Taubman and Ronda Stryker.
See also:
- Ilitch affiliate retains former U.S. Senator Alfonse D'Amato's lobbying firm to push New York Casino plans for Shinnecock
- Ilitch Family Amasses Debt for Sports, Entertainment & Gambling Affiliates
- UPDATED: 165+ Affiliates of Detroit Casino Syndicators Michael Malik & Mrs. Marian Ilitch
- Scandal Continues to Plague Political and Lobbying Activities of Detroiters Bankrolling Shinnecock Casino Plans
- Who Really Paid D.C. Lobbyists $5.6 Million? Poor Impoverished Tribes? "Investors" With Their Own Financial Woes?
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