Art Van Elslander Net Worth (Updated 2025).

Art Van Elslander, a name synonymous with furniture retail in the Midwest, began his career in an unassuming way. Born and raised in Detroit, Michigan, Van Elslander started working at a young age, taking on various odd jobs to make ends meet. His first foray into the furniture business was in the late 1950s when he took a job as a salesman at a local furniture store.

Van Elslander’s charisma and natural talent for sales quickly propelled him up the ranks. Within a few years, he had become one of the store’s top performers. However, the ambitious young man had bigger dreams. In 1959, with a loan from his father-in-law and a rented storefront, Art Van Elslander opened his first furniture store, Art Van Furniture. The rest, as they say, is history.

Art Van Elslander’s Current Net Worth (2025)

As of 2025, Art Van Elslander’s current net worth is estimated to be around $1.2 billion, according to Forbes and other reliable sources.

Career

Art Van Elslander is the founder of Art Van Furniture, a major furniture retailer in the United States. He started the company in 1953 with a single store in Detroit, Michigan. Over the years, he expanded the business to include over 100 stores across several states. He retired as CEO in 2017 but remains involved in the company as chairman.

Other Ventures

In addition to Art Van Furniture, Elslander has invested in various other ventures. He is a part-owner of the Detroit Tigers, a Major League Baseball team. He also owns several car dealerships and has interests in real estate. Furthermore, he has been involved in philanthropic efforts, including donating to various charities and causes in the Detroit area.

Assets

Elslander’s assets include his majority stake in Art Van Furniture, as well as his ownership in the Detroit Tigers and several car dealerships. He also has a significant real estate portfolio, including properties in Michigan and Florida. His primary residence is a sprawling estate in Bloomfield Hills, Michigan.

Annual Income

While specific figures for Elslander’s annual income are not publicly available, as a majority owner of Art Van Furniture, which generates billions in annual revenue, it can be inferred that his annual income is substantial. His income also includes earnings from his other ventures and investments.

Frequently Asked Questions about  Art Van Elslander

Frequently Asked Questions: Art Van Elslander Net Worth

1. What is Art Van Elslander’s net worth?

Art Van Elslander’s net worth is estimated to be around $1.5 billion.

2. How did Art Van Elslander make his fortune?

Art Van Elslander made his fortune by founding the Art Van Furniture company in 1959. He started with a single store and expanded it into a chain with over 100 locations across the United States.

3. When did Art Van Elslander pass away?

Art Van Elslander passed away on January 14, 2021.

4. Who is the current CEO of Art Van Furniture?

After Art Van Elslander’s passing, Kim Yost was named the new CEO of Art Van Furniture.

5. How many stores did Art Van Furniture have at its peak?

At its peak, Art Van Furniture had over 150 stores across the United States.

6. What was Art Van Elslander’s role in the company after he retired?

After retiring as CEO in 2017, Art Van Elslander remained involved with the company as its chairman and largest shareholder.

7. What is the Art Van Elslander Foundation?

The Art Van Elslander Foundation is a non-profit organization founded by Art Van Elslander and his wife, Dorothea. The foundation supports various charitable causes, including healthcare, education, and community development.

8. Did Art Van Elslander have any children?

Yes, Art Van Elslander had two children, David and Diane, who were involved in the family business.

9. What was Art Van Elslander’s cause of death?

The cause of Art Van Elslander’s death was not officially disclosed.

10. How did Art Van Elslander become involved in the furniture business?

Art Van Elslander started his career in the furniture business by working for his father-in-law, who owned a furniture store. He eventually took over the business and expanded it into the Art Van Furniture chain.