Billionaire Profile
D
Global Rank
#659

Image: Abbott, Laura A. | Public domain | via Wikimedia Commons

Doug Meijer & family

CEO, Supermarkets
UNITED STATES
Real-Time Net Worth
$6.334B
Estimated based on Supermarkets stock value as of April 20, 2026
0% (24h)
Age
72
Source
Supermarkets
Industry
Fashion & Retail
Citizenship
UNITED STATES

Biography

Doug Meijer, born in 1955, is an American billionaire businessman and co-chairman of Meijer, a prominent Midwestern supermarket chain. His family founded the company in 1934, pioneering the supercenter concept in 1962. Doug, along with his brothers Hank and Mark, co-own the privately held company. With a net worth of $6.3 billion, Doug resides in Grand Rapids, Michigan. He graduated from the University of Michigan with a business administration degree. He has been instrumental in the company's growth, and under his leadership, Meijer has expanded significantly, generating billions in revenue. He is also known for his philanthropic efforts and openness about his struggles with depression.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Doug Meijer was born in 1955 in Greenville, Michigan. He is the grandson of Hendrik Meijer, who founded the Meijer retail chain in 1934. His father, Frederik Meijer, expanded the business significantly. Doug began working in the family business at age 12, gaining experience in various store operations. He developed a strong work ethic early on, working in the stores' marking and receiving departments.

Rise to Success

Doug Meijer graduated from the University of Michigan with a Bachelor of Business Administration in 1976. He immediately joined the family business full-time, progressing through various management positions. Along with his brothers Hank and Mark, he co-owns the company, with Hank serving as executive chairman.

Key Business Strategies

Meijer is a privately held company that operates primarily in the Midwestern United States. The company is credited with pioneering the modern supercenter concept. Meijer has over 250 stores across the Midwest and is the 23rd-largest retailer by revenue in the U.S. In 2023, the company's revenue was $21.95 billion. Doug and Hank Meijer served as co-CEOs from 1990 to 2017. The company's headquarters are located in Walker, Michigan.

Philanthropy

Meijer, through family foundations, has engaged in philanthropy, supporting hunger relief and mental health initiatives, reflecting his personal experiences. Doug has been open about his ongoing struggle with depression, which started in 2011, and has used his platform to combat the stigma surrounding mental health.

Career Milestones

1934

Meijer Founded

Hendrik Meijer founded the grocery store chain Meijer.

1962

Pioneered Supercenter Concept

Meijer launched its modern format, combining groceries and department store shopping in one store.

1976

Graduated from University of Michigan

Doug Meijer earned a Bachelor of Business Administration degree.

1990-2017

Co-CEO of Meijer

Doug Meijer served as co-CEO with his brother Hank during a period of significant expansion.

Philanthropy & Social Impact

Hunger Relief

Simply Give Program

$XB

Supports hunger relief efforts.