Marcus Lemonis is an investor, entrepreneur, TV personality, politician and a philanthropist. He is known for his businesses program, The Profit which is broadcasted on the CNBC which focuses on saving small businesses. In addition, he has numerous companies that he chairs which includes; Gander Outdoors, Good Sam Enterprise, The House Boardshop and Camping World.
As a philanthropist, Marcus has several foundations which he endorses and contributes to. They include; St. Jude Children Research Hospital, Lincoln Park Zoo, Joffery Ballet among others. So what is Marcus Lemonis net worth as of 2018.
Marcus Anthony Lemonis was born in 1973 in Beirut, Lebanon during the civil war where his biological parents are unknown. As a child, he was fostered by Sophia and Leo Lemonis who are of the Greek dynasty and hails in Miami, Florida. He graduated with a degree in political science and criminology from Marquette University. After his political venture failed, he focused much on automotive business which he was familiar with since he was a kid.
Marcus tries to keep his personal life private and there is no clear information on whether he is single or not although there are some rumors that he might be married to an unknown lady.
Being raised in a family of entrepreneurs, Marcus began his profession in 1997 where he moiled at AutoNation as a manager and a sales person. He later worked as an overseer at Holiday RV Superstores Inc for almost 2 years which was between 2001 and 2003. After gaining experience in the business industry, he co-established a firm called FreedomRoads which dealt with getting dealerships. In 2006 and 2011, his company consolidated with Camping World and Good Sam Enterprise respectively where Marcus was the overseer. After collaborating with NASCAR in 2004, Marcus and his colleagues decided to sponsor the company which was later renamed NASCAR Camping World Truck Series in 2007.
Marcus is also a sequent financier who helps companies that are about to close down where he invests in them and owns a share of the business. Through his innovative he opened other enterprises including Little Miss Baker, Mr. Green Tea, Amazing Grapes, and Crumbs Bake Shop. He also opened other branches of his automotive business which included an Auto-match and Automobile Buying Service. Since last year, Camping World has been investing and acquiring other businesses such as The House Boardshop.
On his television career, he has anchored various business-related shows including Celebrity Apprentice 2011, Secret Millionaire 2012, The Profit 2013 and his recent The Partner which debuted this year. After studying political science, he had also been involved in some political activities. In 1996 he vied for one of the governments seats and was even was supported by the Miami Herald but forfeited to his opponent, Bruno Barrier.
On Awards And Achievements: Marcus has been recognized as The Newsmaker of the Year he has also been awarded with the Entrepreneur of the Year by Ernst & Young. Due to his innovativeness, he was also featured in a business magazine in the publication of 40 under 40.
Net Worth, Salary & Income
Marcus Lemonis net worth is $950 million as of the day of writing. The source of Marcus Lemonis net worth is his earnings from the television career and his investments. Lemonis owns 38 million shares of his company Camping World which today its market value stands at $2 billion. Two of his companies Good Sam Enterprises and Camping World generated a revenue of $2.5 billion in 2017 which is a good return on investment. When Camping World went public in 2016 a share was going for $22 but today a share is going at $40.
5 Facts You Need To Know About Marcus Lemonis
Marcus is known by many through his show The Profit where he gives great advice on matters related to the success of a business. However other than rules of success by Marcus here are a few things you probably don’t know about Marcus Lemonis of “The Profit”.
1. His skills in business started manifesting themselves at an early age, at the age of 12 he had a lawn Mowing service and a candy business.
2. He is not the fairy godmother and only involves himself in projects he is ready to commit his investments in.
3. He is very honest. Looking at how he shares his personal details, his criticism to small business owners you will realize how honest he is.
4. He treats his employees, customers and partners with respect as that’s the first rule of success according to him.
5. He treats employees well since valuable employees take care of the customer well.
Marcus Lemonis worth should give you enough reason to watch him on CNBC on his reality program The Profit.