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Billionaire Profile
Doug Meijer & family
Global Rank
#667

Doug Meijer & family

CEO, Supermarkets
Grand Rapids, Michigan
Real-Time Net Worth
$6.24B
Estimated based on Supermarkets stock value as of September 10, 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.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$6.24B
2025$6.30B
2024$6.30B
2022$16.6B

Portfolio Holdings

Meijer

Meijer

fashion-retail
$6.30B
Holdings Value
Ownership
100%
Revenue
$21.5B
Walker, Michigan
70,000 employees
Founded 1934

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.

Billionaires Connected to Doug Meijer & family

Peers in Fashion & Retail

All Fashion & Retail billionaires

Richest in United States

All billionaires from United States

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Doug Meijer & family's net worth in 2026?
As of 2026, Doug Meijer & family's estimated net worth is $6.235 billion, ranking #667 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Doug Meijer & family make their money?
Doug Meijer & family's wealth primarily comes from Supermarkets, most notably through Supermarkets.
Where is Doug Meijer & family from?
Doug Meijer & family is from United States.
How old is Doug Meijer & family?
Doug Meijer & family is 72 years old.

Sources & References

  1. Doug Meijer & family — Forbes profile Forbes