Billionaire Profile
Doug Meijer & family
Global Rank
#595

Image: Public domain | via Wikimedia Commons

Doug Meijer & family

CEO, Meijer
US
Real-Time Net Worth
$6.4B
As of December 2025
Age
71
Source
Supermarkets
Industry
fashion-retail
Citizenship
US

Biography

Doug Meijer, born in 1955, is the co-chairman of the US supermarket chain Meijer. Along with his brothers Hank and Mark, Doug has played a pivotal role in the growth and success of the family business, which was founded by their grandfather Hendrik Meijer in 1934. The Meijer family's wealth, primarily sourced from supermarkets, has solidified their position among the wealthiest families in the United States. Doug has been instrumental in shaping the company's legacy, currently operating over 500 stores across the Midwest. Beyond his business achievements, Doug is known for his philanthropy and his openness about his personal struggles. His net worth is estimated to be $6.4 billion.

Wealth Over Time

In-Depth Profile

Early Life

Doug Meijer was born in 1955 to Frederik and Lena Meijer. He is the grandson of Hendrik and Gezina Meijer, who founded the Meijer supermarket chain in Greenville, Michigan, in 1934. He grew up in Grand Rapids, Michigan, where the Meijer headquarters is located. Doug earned a Bachelor of Arts/Science degree from the University of Michigan.

Rise to Success

Doug Meijer joined the family business, Meijer, and rose through the ranks, eventually becoming the co-chairman of the company. Doug and his brother Hank served as co-CEOs from 1990 to 2017. Today, Meijer operates over 500 stores across the Midwest, generating an estimated $22 billion in revenues. The company pioneered the concept of one-stop shopping.

Key Business Strategies

Doug Meijer, along with his brothers Hank and Mark, has been instrumental in transforming Meijer into a retail giant. The company has focused on extraordinary selection, low prices, and friendly service. The brothers are all on the Meijer board of directors, ensuring the family legacy continues. Meijer has expanded its operations with over 240 stores across six states.

Philanthropy

The Meijer family is known for its deep commitment to the community and involvement in charitable efforts and local initiatives. The Doug Meijer and Kendall Meijer Foundation is based in Grand Rapids, Michigan, primarily funding program support and general operating support. The foundation has assets totaling approximately $30.4 million.

Career Milestones

1934

Meijer Founded

Hendrik Meijer founded the grocery store in Greenville, Michigan.

1962

Pioneered One-Stop Shopping

Meijer opened the first supercenter in Grand Rapids, called Thrifty Acres.

1990

Co-CEO

Doug Meijer became co-CEO of Meijer with his brother Hank.

2017

Stepped Down as Co-CEO

Doug Meijer stepped down as co-CEO of Meijer.

Philanthropy & Social Impact

General Support

Doug Meijer and Kendall Meijer Foundation

$30.4M

The foundation supports various cities within Michigan, including Ada, Ann Arbor, Brighton, Detroit, East Lansing, Grand Rapids, Jenison, Kentwood, and Louisville. Primarily funds program support and general operating support.