Hank Meijer Net Worth (Updated 2026).

Hank Meijer, a name synonymous with retail success, embarked on his professional journey in the late 1960s, joining the family business, Meijer, Inc., after graduating from college. Initially, he worked in various departments, learning the ins and outs of the company from the ground up. It was during this time that he honed his skills and developed a deep understanding of the retail industry.

Meijer, Inc., founded by his grandfather in 1934, was a small, regional chain when Hank joined. However, his vision and leadership, alongside his brother Doug, transformed the company into a national retail powerhouse. They introduced innovative concepts like the “supercenter” – a combination of a supermarket and department store – which revolutionized the retail landscape. This strategic move, coupled with a customer-centric approach, catapulted Hank Meijer to fame, making him a respected figure in the retail world.

Hank Meijer’s Current Net Worth (2025)

As of 2025, Hank Meijer’s net worth is estimated to be around $8.5 billion. This significant fortune is largely attributed to his role as the chairman and CEO of Meijer, the supermarket chain founded by his grandfather in 1934.

Career

Hank Meijer’s career spans over four decades, primarily within the family business. He started working at Meijer in 1971, holding various positions before becoming the CEO in 1990. Under his leadership, Meijer expanded from a regional chain to a national retailer, operating over 240 stores in six states.

Other Ventures

Beyond Meijer, Hank Meijer has invested in various other ventures. He is a co-owner of the Detroit Tigers baseball team and has interests in real estate development. Additionally, he serves on the board of several organizations, including the Grand Rapids Art Museum and the Business Roundtable.

Assets

Hank Meijer’s assets include a substantial stake in Meijer Inc., valued at over $7 billion. He also owns several properties, including a sprawling estate in Ada, Michigan, and a vacation home in Harbor Springs. His art collection, featuring works by renowned artists like Andy Warhol and Roy Lichtenstein, is another significant asset.

Annual Income

As the CEO of Meijer, Hank Meijer’s annual income is substantial. In 2020, his total compensation was reported to be around $11 million, including his base salary, stock awards, and other incentives. However, this figure can vary year to year based on the company’s performance.

Frequently Asked Questions about  Hank Meijer

Frequently Asked Questions: Hank Meijer Net Worth

1. What is Hank Meijer’s net worth?

Hank Meijer’s net worth is estimated to be around $10 billion.

2. How did Hank Meijer make his fortune?

Hank Meijer, along with his brother Doug, inherited the Meijer supermarket chain from their father, Fred Meijer, who founded the company in 1934. They expanded the business significantly, contributing to their wealth.

3. What is Hank Meijer’s role in the Meijer company?

Hank Meijer serves as the chairman of the board of Meijer, while his brother Doug is the CEO. Together, they oversee the day-to-day operations of the company.

4. How many stores does Meijer have?

As of 2021, Meijer operates over 250 stores across the Midwestern United States.

5. What other businesses is Hank Meijer involved in?

Besides Meijer, Hank Meijer is also involved in various other investments and philanthropic endeavors. He serves on the board of several companies and is a significant donor to various charitable causes.

6. How much is the Meijer family worth in total?

The Meijer family, including Hank and Doug Meijer, is estimated to be worth around $20 billion combined.

7. What is the Meijer family’s philanthropic work?

The Meijer family is known for its philanthropic efforts. They have donated millions to various causes, including education, healthcare, and community development. The family also established the Meijer Foundation, which focuses on supporting children’s health and education.

8. Does Hank Meijer have any political affiliations?

While Hank Meijer has made political donations, he does not have any publicly known political affiliations.

9. What is Hank Meijer’s educational background?

Hank Meijer graduated from the University of Michigan with a Bachelor of Business Administration degree. He also has an MBA from the University of Pennsylvania’s Wharton School.

10. Where does Hank Meijer live?

Hank Meijer resides in Grand Rapids, Michigan, where the Meijer company is headquartered.