Tom Sullivan, a native of Chicago, Illinois, began his career in the flooring industry quite unexpectedly. After graduating with a degree in Business Administration, he found himself working for a small, local flooring company to make ends meet. It was here that he discovered his passion for the trade, learning the intricacies of flooring installation and customer service.

As his skills and knowledge grew, so did his reputation. Tom’s commitment to quality workmanship and exceptional customer service set him apart. He quickly became known as the go-to guy for anyone looking for a reliable, professional flooring contractor. This led to him starting his own business, Tom Sullivan LLC Flooring, in 2005. Word of mouth referrals and repeat customers helped his business grow, and before long, Tom Sullivan LLC Flooring was a household name in the Chicago area.

Tom Sullivan Ll Flooring’s Net Worth in 2025

As of 2025, Tom Sullivan Ll Flooring’s current net worth is estimated to be around $500 million, according to the latest available information.

Career

Tom Sullivan is the founder and CEO of Tom Sullivan Ll Flooring, a successful flooring company. He started the business in 1995 and has since grown it into a multi-million dollar enterprise, employing over 500 people across the United States.

Other Ventures

In addition to his flooring business, Tom Sullivan has invested in several other ventures. He is a partner in a real estate development company and has also invested in a tech startup focusing on sustainable construction materials.

Assets

Tom Sullivan’s assets include his majority stake in Tom Sullivan Ll Flooring, several properties across the country, and a diverse investment portfolio. He also owns a private jet and a luxury home in Florida.

Annual Income

As the CEO of Tom Sullivan Ll Flooring, Tom Sullivan’s annual income is estimated to be around $20 million. This figure can vary depending on the company’s performance and other factors.

Frequently Asked Questions about  Tom Sullivan Ll Flooring

Frequently Asked Questions about Tom Sullivan Ll Flooring

1. What is Tom Sullivan’s net worth?

Tom Sullivan’s net worth is estimated to be around $50 million.

2. How did Tom Sullivan make his fortune?

Tom Sullivan made his fortune as the founder and CEO of Lumber Liquidators, a popular flooring retailer.

3. When was Lumber Liquidators founded?

Lumber Liquidators was founded in 1994.

4. How many stores does Lumber Liquidators have?

As of 2021, Lumber Liquidators has over 400 stores across the United States.

5. What type of flooring does Lumber Liquidators specialize in?

Lumber Liquidators specializes in a wide range of flooring options, including hardwood, laminate, vinyl, and tile.

6. Has Tom Sullivan faced any controversies?

Yes, Tom Sullivan and Lumber Liquidators faced controversy in 2015 due to reports of hazardous levels of formaldehyde in some of their laminate flooring.

7. How did Tom Sullivan respond to the controversy?

Tom Sullivan and Lumber Liquidators recalled the affected products, implemented stricter quality control measures, and paid a $13.2 million settlement to the U.S. Department of Justice.

8. Has Tom Sullivan been involved in any other businesses?

Yes, Tom Sullivan has invested in and been involved with several other businesses, including a restaurant chain and a real estate development company.

9. What is Tom Sullivan’s educational background?

Tom Sullivan graduated from the University of Richmond with a degree in Economics.

10. Does Tom Sullivan have any philanthropic endeavors?

Yes, Tom Sullivan and Lumber Liquidators have been involved in various philanthropic efforts, including supporting disaster relief efforts and contributing to local communities.