Tom Monaghan is a famous American businessman and businessman. Tom Monaghan is the creator of the famous pizza chain Domino’s. He founded the company in 1960 and owned the Detroit Tigers from 1983 to 1992. In addition, Manoghan also owns Domino’s Farms Office Park in Ann Arbor Charter Township, Michigan.
Quick Info
Real name | Tom Monaghan |
Nickname | tom |
Date of birth | March 25, 1937 |
Year old | 85 years old |
Place of birth | Ann Arbor, Michigan, USA |
Nationality | American |
Job | businessman, businessman |
Height | 5 feet 7 inches |
Weight | 73kg |
Hair color | White |
Eye color | Brown |
net value | 400 million USD |
Tom Monaghan Age & Early Life
Tom Monaghan was born on March 25, 1937. He is now 85 years old and a businessman. Similarly, his birthplace is Ann Arbor, Michigan, USA. Tom lost his father when he was four years old. He was then raised by his single mother and younger brother. Francis Monaghan and Anna Monaghan are his father and mother respectively.
Monaghan’s nationality is American and his ethnicity is Catholic Irish. In terms of going to school, the businessman attended St. Joseph in Jackson, Michigan. Monaghan joined the United States Marine Corps by mistake; he had intended to join the army. In 1959, the actor was honorably discharged from the army. Tom was rejected by the University of Michigan at Ann Arbor because of poor grades and an inability to pay tuition. Monaghan later attended Ferris State University in Michigan for the architectural trade school before transferring to the University of Michigan.
Tom Monaghan Height & Weight
Monaghan, an 84-year-old businessman, has a lovely face and great demeanor. He’s 5 feet 7 inches tall. He also has a healthy body weight of 73 kg. Furthermore, Monaghan has brown eyes and white hair. However, the businessman has never made any further physical facts public.
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Tom Monaghan’s Net Worth
What is Tom Monaghan’s net worth? Monaghan, the man behind one of the most famous companies in the world, has amassed a huge fortune from his business. Celebrity Tom Monaghan’s net worth in 2023 is predicted to be $400 million. When Tom sold Domino’s to Bain Capital for $1 billion in 1998, he was the sole owner of the company.
Tom’s Domino grew significantly during the 1980s and 1990s, and he became extremely wealthy. He then bought the Detroit Tigers for $53 million in 1983 but sold the franchise for $85 million in 1992. The businessman bought more than 300 cars, including an extremely rare Bugatti priced at a price. more than 8 million USD. In addition, he bought a Gulf private jet, a boat and a helicopter. Monaghan owns most of the island in Michigan and has built a personal resort on it.
Career
When Tom was still a student, he and his brother borrowed $900 to buy Dominick’s, a small pizzeria in Ypsilanti, Michigan. He then founded three more businesses and gave his brother a Volkswagen Beetle in exchange for his share in the company. Monaghan has removed extra bread from the menu and focused on delivery on the university campus, designing a new insulated pizza box to enhance delivery capabilities. For speaking out against abortion, the National Organization of Women (NOW) called for a boycott of the Dominoes in 1989. In 1998, he sold his 93% stake in Domino’s Pizza to Bain Capital for an estimated price. 1 billion USD.
In December 2011, the entrepreneur founded the Gyrene Burger Company, his second quick-service restaurant brand. The owner has offered franchise offers to qualified Marines and veterans from other military forces at Gyrene Burger. Previously, Monaghan owned the Detroit Tigers, which won the World Series the following year. He has also received the American Academy of Achievement Gold Disc Award. Finally, in 1992, the businessman sold the Tigers to a competitor, Mike Ilitch of Litte Ceaser’s Pizza. Tom also helped establish the Ave Maria Mutual Fund by contacting a friend, George P. Schwartz of Schwartz Investment Counsel, Inc. There are currently five Ave Maria Mutual Funds. He also sits on the Catholic Advisory Board.
Tom Monaghan Wife & Marriage
Who is Tom Monaghan’s wife? Regarding private life, Tom Monaghan is happily married to longtime friend Marjorie Zybach. The two were married in 1962 and had four children. Barbara Monaghan, Susan Monaghan, Mary Monaghan and Margaret Monaghan are their children. Besides, Tom remains tight-lipped about his relationship.
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Categories: Biography