Arthur S Demoulas Net Worth (Updated 2025).
Arthur S. Demoulas, born in Lowell, Massachusetts, began his career in the retail industry at a young age. He started working at his family’s supermarket chain, Market Basket, during his teenage years, learning the ropes from the ground up. His passion for the business was evident early on, and he quickly climbed the ranks, eventually taking over the company from his father in 1971.
Demoulas’ rise to fame began in the late 1970s and early 1980s when he expanded the Market Basket chain significantly. He introduced new stores, modernized existing ones, and implemented innovative strategies that set Market Basket apart from its competitors. His focus on customer service, low prices, and high-quality products resonated with shoppers, leading to a surge in popularity for the supermarket chain. By the 1990s, Arthur S. Demoulas had become a household name in the Northeast, known for his leadership in the retail industry and his commitment to providing value to customers.
Arthur S. Demoulas’s Current Net Worth
As of 2025, Arthur S. Demoulas’ current net worth is estimated to be around $3.5 billion, according to the latest available information.
Career
Arthur S. Demoulas, often referred to as “Artie D,” is the CEO and chairman of Demoulas Super Markets, Inc., operating under the Market Basket banner. He took over the company in 1971, following his father’s death, and has since grown it into one of the largest privately-held supermarket chains in the United States, with over 90 stores and annual sales exceeding $4 billion.
Other Ventures
Beyond his role at Market Basket, Demoulas has also ventured into real estate development. He is the founder and president of A.D. Makepeace Company, a real estate development firm that focuses on commercial and residential properties. Additionally, he serves on the board of several other businesses, including the New England Confectionery Company and the National Super Market Association.
Assets
Demoulas’ assets primarily consist of his ownership stake in Demoulas Super Markets, Inc., which he controls through a family trust. He also owns numerous commercial and residential properties through A.D. Makepeace Company, as well as a significant art collection. His real estate holdings are primarily located in the northeastern United States.
Annual Income
As the CEO and majority owner of Demoulas Super Markets, Inc., Arthur S. Demoulas’ annual income is substantial. While the exact figure is not publicly disclosed, it is estimated to be in the tens of millions of dollars per year, based on the company’s revenue and Demoulas’ ownership stake. His compensation also includes a salary, bonuses, and other forms of compensation typically associated with a CEO of a large, privately-held company.
Frequently Asked Questions about Arthur S Demoulas
**Q1: What is Arthur S. Demoulas’ net worth?**
Arthur S. Demoulas’ net worth is estimated to be around $3 billion.
**Q2: Who is Arthur S. Demoulas?**
Arthur S. Demoulas is the CEO and majority shareholder of Market Basket, a popular supermarket chain in the northeastern United States.
**Q3: How did Arthur S. Demoulas build his wealth?**
Demoulas built his wealth through his involvement in the family business, Market Basket. He started working at the company in the 1970s and eventually took over as CEO in the 1990s.
**Q4: Is Arthur S. Demoulas a billionaire?**
Yes, Arthur S. Demoulas is a billionaire. His net worth is estimated to be over $3 billion.
**Q5: How many stores does Market Basket have?**
As of 2021, Market Basket operates around 96 stores in Massachusetts, New Hampshire, and Maine.
**Q6: What is Arthur S. Demoulas’ role at Market Basket?**
Arthur S. Demoulas serves as the CEO and majority shareholder of Market Basket. He is also the president of the company.
**Q7: What is the history of Market Basket?**
Market Basket was founded by Arthur’s grandfather, Athanasios Demoulas, in 1917. The company started as a small grocery store in Lowell, Massachusetts, and has since grown into a regional supermarket chain.
**Q8: What is Arthur S. Demoulas’ educational background?**
Demoulas graduated from the University of Massachusetts Amherst with a degree in business administration.
**Q9: What is Arthur S. Demoulas’ political affiliation?**
Demoulas is a registered Democrat.
**Q10: What is Arthur S. Demoulas’ philanthropic work like?**
Demoulas is known for his philanthropic efforts, including supporting local charities and causes in the communities where Market Basket operates. He has also been involved in initiatives to provide affordable housing and support education in the region.
