Michael Kittredge Net Worth (Updated 2025).
Michael Kittredge, born in 1950, is often credited with sparking a global phenomenon. His journey began in the small town of York, Maine, where he started making candles as a hobby in his parents’ basement. This humble beginning was fueled by his passion for creativity and a desire to give his mother a unique gift for Christmas in 1970. Little did he know that this simple act would transform into a business empire.
Table Of Contents
- Michael Kittredge’s Current Net Worth (2025)
- Career
- Other Ventures
- Assets
- Annual Income
- Frequently Asked Questions about Michael Kittredge
- 1. What is Michael Kittredge’s net worth?
- 2. How did Michael Kittredge make his fortune?
- 3. When was Michael Kittredge born?
- 4. Where did Michael Kittredge grow up?
- 5. What is Michael Kittredge’s educational background?
- 6. Did Michael Kittredge found Bed Bath & Beyond alone?
- 7. When did Michael Kittredge step down as the CEO of Bed Bath & Beyond?
- 8. What are some of Michael Kittredge’s philanthropic efforts?
- 9. Does Michael Kittredge have any children?
- 10. Where does Michael Kittredge live now?
Michael Kittredge’s Current Net Worth (2025)
As of 2025, Michael Kittredge’s current net worth is estimated to be around $200 million. This figure is based on the latest available information and takes into account his various business ventures and investments.
Career
Michael Kittredge is best known as the co-founder of the successful home goods retailer, Pottery Barn. He started the company in 1983 with his mother, Gale, in a small store in Massachusetts. Under his leadership, Pottery Barn grew into a multi-million dollar business, known for its high-quality home furnishings and accessories. Kittredge served as the CEO of the company until 1995, when he stepped down to pursue other interests.
Other Ventures
After leaving Pottery Barn, Kittredge went on to found several other successful businesses. In 1998, he co-founded the luxury home goods retailer, Rejuvenation, which he later sold to Williams-Sonoma in 2011. He also founded the design studio, Kittredge, which specializes in creating custom furniture and lighting. Additionally, Kittredge has made numerous investments in tech startups and other businesses.
Assets
Michael Kittredge’s assets include a significant stake in Williams-Sonoma, the parent company of Pottery Barn, as well as real estate investments in California and Massachusetts. He also owns a collection of classic cars and art. His primary residence is a historic estate in California, which he purchased in 2015 for $12.5 million.
Annual Income
Michael Kittredge’s annual income is primarily derived from his investments and business ventures. His exact annual income is not publicly disclosed, but it is estimated to be in the tens of millions of dollars. In addition to his business interests, Kittredge also earns income from his work as a venture capitalist and advisor to various startups.
Frequently Asked Questions about Michael Kittredge
Frequently Asked Questions about Michael Kittredge
1. What is Michael Kittredge’s net worth?
Michael Kittredge’s net worth is estimated to be around $1 billion.
2. How did Michael Kittredge make his fortune?
Michael Kittredge founded the home goods retailer, Bed Bath & Beyond, in 1971. He built the company from a small store in New Jersey into a global retail chain, which significantly contributed to his wealth.
3. When was Michael Kittredge born?
Michael Kittredge was born on August 1, 1941.
4. Where did Michael Kittredge grow up?
Michael Kittredge grew up in Needham, Massachusetts, USA.
5. What is Michael Kittredge’s educational background?
Michael Kittredge graduated from the University of Massachusetts Amherst with a degree in business administration.
6. Did Michael Kittredge found Bed Bath & Beyond alone?
Yes, Michael Kittredge founded Bed Bath & Beyond with his wife, Wendy, in 1971.
7. When did Michael Kittredge step down as the CEO of Bed Bath & Beyond?
Michael Kittredge stepped down as the CEO of Bed Bath & Beyond in 1999, but he remained as the chairman of the board until 2019.
8. What are some of Michael Kittredge’s philanthropic efforts?
Michael Kittredge and his wife, Wendy, have been involved in various philanthropic efforts, including supporting the arts, education, and healthcare. They have donated to institutions like the University of Massachusetts Amherst, the Museum of Fine Arts in Boston, and the Dana-Farber Cancer Institute.
9. Does Michael Kittredge have any children?
Yes, Michael Kittredge has three children with his wife, Wendy: Steven, Laura, and Robert.
10. Where does Michael Kittredge live now?
Michael Kittredge currently resides in New Jersey, USA.
