Kemmons Wilson, a name that revolutionized the hospitality industry, began his career in the early 20th century in a humble setting. Born in 1908, Wilson grew up in a small town in Mississippi, where he learned the value of hard work and customer service from his family’s grocery store. After serving in the military during World War II, Wilson moved to Memphis, Tennessee, where he ventured into various businesses, including a successful furniture store. It was during a family vacation in 1951 that Wilson noticed a gap in the market for affordable, clean, and family-friendly lodging. This observation marked the beginning of his journey towards fame.

Kemmons Wilson’s Net Worth in 2025

As of 2025, Kemmons Wilson’s net worth is estimated to be $1.5 billion, according to the latest available information.

Kemmons Wilson’s Career

Kemmons Wilson, born in 1909, is an American entrepreneur and the founder of Holiday Inn, one of the world’s largest hotel chains. He started his career as a car salesman and later ventured into real estate development. In 1952, he founded the Holiday Inn Corporation, pioneering the concept of the modern motel. Wilson served as the company’s CEO until 1979 and remained its chairman until his death in 1993.

Kemmons Wilson’s Other Ventures

Besides Holiday Inn, Wilson was involved in various other ventures. He founded the Wilsonart International, a manufacturer of high-pressure decorative laminate, in 1958. He also owned several car dealerships and was a significant real estate developer in the Memphis area. Additionally, Wilson was a philanthropist, contributing to various charitable causes, including the University of Memphis, where the Kemmons Wilson School of Hospitality and Resort Management is named in his honor.

Kemmons Wilson’s Assets

Throughout his life, Kemmons Wilson accumulated a substantial portfolio of assets. These include the Holiday Inn Corporation, which was sold to a British company in 1988, and Wilsonart International, which remains a family-owned business. He also owned numerous properties in the Memphis area, including the historic Peabody Hotel. Wilson’s personal art collection, which included works by renowned artists like Picasso and Renoir, was valued at over $50 million.

Kemmons Wilson’s Annual Income

During his peak earning years, Kemmons Wilson’s annual income was primarily derived from his stake in the Holiday Inn Corporation and his real estate investments. However, the exact figures are not publicly available. After his retirement from Holiday Inn, Wilson’s annual income significantly decreased, but he continued to receive dividends from his various business ventures and investments. His philanthropic activities also impacted his annual income, as he often donated significant amounts to charitable causes.

Frequently Asked Questions about  Kemmons Wilson

Kemmons Wilson Net Worth

Kemmons Wilson’s net worth is estimated to be around $1 billion.

How did Kemmons Wilson make his money?

Kemmons Wilson made his fortune by founding the Holiday Inn hotel chain. He started the company in 1952 and grew it into one of the largest hotel chains in the world.

When was Kemmons Wilson born?

Kemmons Wilson was born on August 12, 1908.

Where was Kemmons Wilson born?

Kemmons Wilson was born in Leland, Mississippi.

When did Kemmons Wilson pass away?

Kemmons Wilson passed away on March 23, 2003.

Where did Kemmons Wilson live?

Kemmons Wilson lived in Memphis, Tennessee for most of his life.

Did Kemmons Wilson have any children?

Yes, Kemmons Wilson had four children: Barbara, Jack, Nancy, and Kemmons Jr.

What was Kemmons Wilson’s education background?

Kemmons Wilson graduated from the University of Mississippi with a degree in business administration.

What are some of Kemmons Wilson’s notable achievements?

Some of Kemmons Wilson’s notable achievements include founding the Holiday Inn hotel chain, being inducted into the Junior Achievement U.S. Business Hall of Fame, and receiving the Horatio Alger Award.

What was Kemmons Wilson’s legacy?

Kemmons Wilson’s legacy is that of a pioneering businessman who revolutionized the hospitality industry with his innovative approach to hotels. He is also remembered for his philanthropic efforts and his impact on the city of Memphis.