Tom Monaghan is a famous American businessman and entrepreneur. 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. Additionally, Manoghan owned the Domino Farm Office Park in Ann Arbor Charter Township, Michigan.
Fast Facts
Real name | Tom Monaghan |
Nickname | Tom |
Date of birth | March 25, 1937 |
Age | 85 years old |
birthplace | Ann Arbor, Michigan, United States |
citizenship | America |
Profession | entrepreneur, businessman |
Height | 5 feet 7 inches |
Body weight | 73 kg |
Hair colour | white |
Eye color | chocolate |
Net worth | $400 million |
Tom Monaghan Age & Early Life
Tom Monaghan was born on March 25, 1937. He is now 85 years old and an entrepreneur. Likewise, his birthplace is Ann Arbor, Michigan, United States. 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 the father and mother, respectively.
Monaghan’s nationality is American, and his ethnicity is Irish Catholic. In terms of schooling, the entrepreneur attended St. Joseph Home for Children in Jackson, Michigan. Monaghan entered the United States Marine Corps by accident; he intends to join the Army. In 1959, the actor was given an honorable discharge. Tom was rejected from the University of Michigan in Ann Arbor because of his poor grades and inability to pay tuition. Monaghan then attended Ferris State College in Michigan for architectural trade school before transferring to the University of Michigan.
Tom Monaghan Height & Weight
Monaghan, an 84-year-old entrepreneur, has a beautiful face and an amazing attitude. He stands at a height of 5 feet 7 inches. He also has a healthy weight of 73 kg. Furthermore, Monaghan has brown eyes and white hair. Nevertheless, the entrepreneur never revealed the physical facts to the public.
Tom Monaghan Net Worth
What is Tom Monaghan’s net worth? Monaghan, the man behind one of the world’s most famous companies, has amassed a huge fortune from his ventures. Tom Monaghan celebrity net worth in 2023 is expected to be $400 million. When Tom sold Domino’s to Bain Capital for $1 billion in 1998, he was the sole owner of the firm.
Domino Tom grew dramatically throughout the 1980s and 1990s, and he became very wealthy. He later bought the Detroit Tigers for $53 million in 1983 but sold the franchise for $85 million in 1992. The entrepreneur has bought more than 300 cars, including an extremely rare Bugatti that cost more than $8 million. In addition, he bought a Gulfstream private jet, a boat, and a helicopter. Monaghan owns a large portion of an island in Michigan and has built a private 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 later created three more businesses and gave his brother a Volkswagen Beetle in exchange for his share of the firm. Monaghan eliminated sub sandwiches from the menu and focused on college campus delivery, designing new insulated pizza boxes to improve delivery. Because of her vocal opposition to abortion, the National Organization for Women (NOW) called for a boycott of Domino’s in 1989. In 1998, she sold her 93% stake in Domino’s Pizza to Bain Capital for an estimated $1 billion.
In December 2011, the entrepreneur launched Gyrene Burger Company, his second quick service restaurant brand. Owners offer franchise incentives to eligible Marines and veterans from other military forces at Gyrene Burger. Previously, Monaghan owned the Detroit Tigers, who won the World Series the following year. He also received the American Academy of Achievement’s Gold Plate Award. Finally, in 1992, the businessman sold the Tigers to his rival, Mike Ilitch of Litte Ceaser’s Pizza. Tom also assisted in the creation of Ave Maria Mutual Funds by contacting a friend, George P. Schwartz of Schwartz Investment Counsel, Inc. There are currently five Ave Maria Mutual Funds available. He also sits on the Catholic Advisory Board.
Tom Monaghan’s Wife & Marriage
Who is Tom Monaghan’s wife? In terms of his personal life, Tom Monaghan is happily married to his old friend, Marjorie Zybach. The couple married in 1962, and they had four children. Barbara Monaghan, Susan Monaghan, Mary Monaghan, and Margaret Monaghan are their children. Besides, Tom remains tight-lipped about his relationship.
Categories: Biography
Source: SCHOOL TRANG DAI