Meijer Family Net Worth (Updated 2026).
The Meijer family’s journey began in 1934 when Hendrik Meijer, a Dutch immigrant, opened his first grocery store in Greenville, Michigan. With a focus on providing quality products at affordable prices, Hendrik’s store quickly became a community staple. This initial success laid the foundation for what would become one of the nation’s leading supercenter chains.
In the decades that followed, Hendrik’s children, Doug and Hank, took over the family business. They expanded the company’s reach, introducing the first Meijer supercenter in 1962. This innovative concept combined grocery and general merchandise under one roof, offering customers a convenient one-stop shopping experience. This forward-thinking approach resonated with consumers, and the Meijer family’s fame grew as their supercenters became a familiar sight across the Midwest.
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Meijer Family’s Current Net Worth (2025)
The Meijer family, founders of the supermarket chain Meijer, has an estimated net worth of $12.5 billion as of 2025, according to Forbes. This makes them one of the wealthiest families in the United States.
Career
The Meijer family’s career began in the early 1930s when patriarch Fred Meijer started a grocery store in Michigan. The family expanded this into a supermarket chain, which now operates over 240 stores across the Midwest. The family is known for its innovative approach to retail, including the introduction of the “supercenter” concept.
Other Ventures
In addition to their retail empire, the Meijer family has diversified their investments. They own the Orlando Magic NBA team and have interests in real estate and private equity. The family is also involved in philanthropy, with the Meijer Foundation supporting various causes in the Midwest.
Assets
The Meijer family’s assets include their majority stake in the Meijer supermarket chain, as well as their ownership of the Orlando Magic. They also have significant real estate holdings, including the land on which their stores are built. The family’s art collection, which includes works by Picasso and Warhol, is also a notable asset.
Annual Income
While the Meijer family’s exact annual income is not publicly disclosed, it’s estimated to be in the hundreds of millions of dollars. The Meijer supermarket chain generates billions in revenue each year, and the family’s other ventures also contribute to their income. Their wealth has grown significantly over the years, reflecting their successful business strategies and investments.
Frequently Asked Questions about Meijer Family
Q1: What is the Meijer family’s net worth?
The Meijer family’s net worth is estimated to be around $10 billion.
Q2: Who are the members of the Meijer family?
The Meijer family includes the late Fred Meijer and his wife, Helen, along with their children, Hank, Doug, and Mark, and their families.
Q3: How did the Meijer family make their fortune?
The Meijer family made their fortune by founding and expanding the Meijer supercenter chain, which offers a wide range of products including grocery, home, and apparel items.
Q4: When was the first Meijer store opened?
The first Meijer store was opened in 1934 by Hendrik “Hank” Meijer and his father-in-law, Fred Meijer.
Q5: Where are Meijer stores located?
Meijer stores are primarily located in the Midwestern United States, with a focus on Michigan, Ohio, Indiana, Illinois, Kentucky, and Wisconsin.
Q6: Are there any Meijer stores outside the United States?
No, Meijer stores are only located in the United States.
Q7: What is the Meijer family’s involvement in philanthropy?
The Meijer family is known for its philanthropic efforts, with the family foundation focusing on areas such as education, health, and community development. They have donated millions to various causes over the years.
Q8: Who is the current CEO of Meijer?
As of now, Rick Keyes serves as the President and CEO of Meijer.
Q9: Are there any Meijer family members still involved in the company’s operations?
Yes, several Meijer family members still serve on the company’s board of directors and hold executive positions.
Q10: How many employees does Meijer have?
Meijer employs over 70,000 team members across its stores and distribution centers.
