Tom Monaghan is a well-known American businessman and entrepreneur. Tom Monaghan is the creator of the well-known pizza chain Domino’s. He established the company in 1960 and owned the Detroit Tigers from 1983 until 1992. Furthermore, Manoghan owns Domino’s Farms Office Park in Ann Arbor Charter Township, Michigan.
Quick Facts
| Real Name | Tom Monaghan |
| Nick Name | Tom |
| Date Of Birth | 25 March 1937 |
| Age | 87 years old |
| Birthplace | Ann Arbor, Michigan, USA |
| Nationality | American |
| Profession | entrepreneur, businessman |
| Height | 5 feet 7 inches |
| Weight | 73 kg |
| Hair Color | White |
| Eye color | Brown |
| Net Worth | $400 million |
Tom Monaghan Age & Early Life
Tom Monaghan was born on March 25, 1937. He is now 87 years old and an entrepreneur. Similarly, his birthplace is Ann Arbor, Michigan, USA. Tom lost his father when he was four years old. He was then reared by his single mother and his younger brother. Francis Monaghan and Anna Monaghan are his father and mother, respectively.
Monaghan’s nationality is American, and his ethnicity is Catholic Irish. In terms of schooling, the entrepreneur attended St. Joseph Home for Children in Jackson, Michigan. Monaghan entered the United States Marine Corps by mistake; he had intended to join the Army. In 1959, the actor was given an honorable discharge. Tom was rejected from the University of Michigan in Ann Arbor due to his bad grades and inability to pay tuition. Monaghan subsequently attended Ferris State College in Michigan for architectural trade school before being moved to the University of Michigan.
Tom Monaghan Height & Weight
Monaghan, an 84-year-old entrepreneur, has a lovely face and an amazing demeanor. He stands at 5 feet 7 inches tall. He also has a healthy body weight of 73 kg. Furthermore, Monaghan has brown eyes and white hair. Nonetheless, the entrepreneur has never made any further physical facts public.
Tom Monaghan’s Net Worth
How much is Tom Monaghan’s net worth? Monaghan, the guy behind one of the world’s most well-known companies, has amassed a sizable fortune from his venture. Tom Monaghan’s celebrity net worth in March 2024 is anticipated to be $400 million. When Tom sold Domino’s to Bain Capital for $1 billion in 1998, he was the only owner of the firm.
Tom’s Domino increased dramatically throughout the 1980s and 1990s, and he became incredibly wealthy. He then purchased the Detroit Tigers for $53 million in 1983 but sold the franchise for $85 million in 1992. The entrepreneur has purchased over 300 automobiles, including an exceedingly rare Bugatti that cost more than $8 million. In addition, he purchased a Gulfstream private plane, a boat, and a helicopter. Monaghan owns the majority of an island in Michigan and has constructed a personal resort on it.
Career
While Tom was still a student, he and his brother borrowed $900 to buy Dominick’s, a tiny pizza shop in Ypsilanti, Michigan. He subsequently created three more businesses and gave his brother a Volkswagen Beetle in exchange for his portion of the firm. Monaghan eliminated sub sandwiches from the menu and concentrated on college campus delivery, designing a new insulated pizza box to enhance delivery. Because of his vocal opposition to abortion, the National Organization for Women (NOW) called for a boycott of Dominoes in 1989. In 1998, he sold his 93% stake in Domino’s Pizza to Bain Capital for an estimated $1 billion.
In December 2011, the entrepreneur launched Gyrene Burger Company, his second quick-service restaurant brand. The owner offered franchise incentives to qualifying Marines and veterans from other military forces at Gyrene Burger. Previously, Monaghan owned the Detroit Tigers, who won the World Series the following year. He also received the American Academy of Achievement’s Golden Plate Award. Finally, in 1992, the businessman sold the Tigers to a rival, Mike Ilitch of Litte Ceaser’s Pizza. Tom also assisted in the creation of the Ave Maria Mutual Funds by contacting a friend, George P. Schwartz of Schwartz Investment Counsel, Inc. There are currently five Ave Maria Mutual Funds available. He also sits on the Catholic Advisory Board.
Tom Monaghan Wife & Marriage
Who is Tom Monaghan’s wife? In terms of his personal life, Tom Monaghan is happily married to his longtime companion, Marjorie Zybach. The couple married in 1962, and they have four children. Barbara Monaghan, Susan Monaghan, Mary Monaghan, and Margaret Monaghan are their children. Aside from that, Tom has remained tight-lipped about his connection.
