Facts of Marcus Lemonis
|Full Name||Marcus Lemonis|
|Birth Name||Marcus Anthony Lemonis|
|Father Name||Leo Lemonis|
|Mother Name||Sophia Lemonis|
|Spouse||Roberta Bobbi Raffel|
|Date of Birth||November 16,1973|
Marcus Lemonis Owns a Net Worth of $500 Million
Marcus Lemonis is a Lebanese born American businessman, television personality and politician with a net worth of $500 million.
He is currently the chairman and CEO of Camping World, Good Sam Enterprises, Gander Outdoors, and The House Boardshop. He is also a star in The Profit, a CNBC reality show about saving small businesses.
Career & Earnings As a Businessman: Income SOurces, Salary
Marcus has amassed his massive net worth of $500 million mainly through his automotive career and business ventures.
While he is one of the most astute business persona, his wealth has seen fluctuation over the years. Back in 2019, he was worth $900 million, but in a span of a year, his fortune saw a drop by $400 million which is a huge fall.
Lemonis' political career began in 1996 when he appeared as a candidate for Florida House campaign. He lost to Republican Bruno Barreiro.
He worked for his grandfather's car dealership in South Florida that sold Chevrolet cars. After the dealership was acquired by AutoNation in 1997, Lemonis held positions related to sales and management.
He then merged Camping World with FreedomRoads, and RV dealer company with Lemonis as the CEO. The company teamed up with NASCAR for the first time in 2004.
Lemonis announced sponsorship over NASCAR and renamed it to the Nascar Camping World series for the 2008-2009 series. Camping World has been valued at $2.2 billion as of 2019.
He has also invested in Rose's Bakery & Wheat Cafe; an initial sum of $200,000 and $150,000 for the next 18 months. He has added many other restaurants to his holding company, Lemonis Enterprises LLC.
Investments in "The Profit"
He is also the host for The Profit, the CNBC TV show that helps small and promising businesses give a head start with Marcus' own investment. He has invested a total of $38 million in the businesses featured in the TV show.
Marcus has garnered a total of over 1.4 million followers on Instagram. He earns an estimated $300 to $4500 from each sponsored Instagram post.
Marcus Lemonis' Assets: His House, Cars, Lifestyle, And Expenses
Marcus owns two side-to-side properties in Lake Forest. He paid $1.85 million for one and $5 million for the other.
The new one consists of 6 bedrooms and 7 baths, having paid only 54% of the price of $3.4 million that the seller asked. His other house has 8 bedrooms and 7 baths and sits on an area of 2 acres.
He doesn't have multiple cars but loves spending money on clothes and shoes. He has stated "I like to buy nice clothes - I don’t buy a lot of them - but I will spend kind of an obscene amount of money on clothes. I’ll go on a Saturday and spend [$3,000] on clothes."
Charity And Endorsements
Lemonis' philanthropic efforts include support for the Joffrey Ballet, St. Jude Children's Research Hospital, Ravinia Festival, Lincoln Park Zoo, RV/MH Hall of Fame,Zacharias Sexual Abuse Center.
Likewise, through his time on Secret Millionaire, he contributed his time and money to National Voices for Equality, Education and Enlightenment, New Journey's Transitional Home and Neat Stuff. However, he has only shown support to people who really need it. On one of his twitter posts, he said;
He endorses NASCAR, Honda, and Chevrolet. All companies that revolve around automotive and racing.
Tax And Insurance
The financial information of Marcus Lemonis have not been revealed but considering his past history lacking lawsuits and arson, his insurance and tax pay seem to be clean.
However, people have accused him of committing tax and insurance fraud.
The Personal Life Of Marcus Lemonis: Family, Wife, Kids And More
Marcus Lemonis was born on November 16th, 1973, in Beirut, Lebanon, to parents Abdallel and Nadia. He was abandoned by his parents on an orphanage during the height of the civil war and foreign invasions in Lebanon.
He was adopted by Leo and Sophia Lemons on July 29, 1974. He got into the automotive business early on as his grandfather owned two of the biggest Chevrolet dealerships in the US. He graduated from Marquette University in Milwaukee in 1995 with a bachelor's degree in Political science and criminology.
He Is Married Man
Marcus is a married man and leads a beautiful relationship with his wife.
Marcus had his wedding in 2018 when he married Roberta Bobbi Raffel. The couple lives in Lake Forest, Illinois.
Age And Height
Marcus is 43 years old and stands 182 cm or 5 feet 9 inches in height.