Marcus Lemonis Net Worth, Business, New Show
Lebanese-born American tycoon Marcus Lemonis epitomizes what it means to start from the bottom and have the world as an oyster.
A native of Beruit Lebanon, the businessman turned television personality - at nine months old - landed in Florida, Miami after getting adopted by a Lebanese and Greek couple.
When 12, he showcased his entrepreneurial prowess by starting a lawn mowing business. After finishing his schooling from Christopher Columbus High School, he relocated to Milwaukee to attend Marquette University and study Economics, Political Science & Criminology.
Net Worth From Businesses
Following college, Marcus dabbled in Politics. Despite earning a stamp of approval from The Miami Herald, he lost the 1996 Florida House of Representative campaign 42% to 57%.
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Discouraged by the loss, the Florida Miami-raised businessman shifted his focus to the automotive industry. Using his grandfather's connections, he landed several automotive sales and managerial roles before commencing RV and camping business. Lee Iacocca, a friend-cum-mentor, advised him to do so.
Together with Lee, he acquired Holiday RV Superstores Inc in 2001 and served as its CEO until 2003. Going solo, he then co-founded FreedomRoads. Around 2006, FreedomRoads merged with Camping World Holdings Inc.
Six years later, another merger happened with Good Sam Enterprises with him at its helm.
Continuing with its plan to dominate the market, Camping World bought a camping, fishing and hunting gear retailer called Gander Mountain in April 2017. Two months later, it acquired the assets of The House Boardshop.
With all the shares from his businesses combined, Marcus reportedly amasses around a billion - $900 million, to be specific - in net worth. His earnings from TV appearances make a meager portion of the jaw-dropping net worth.
New Show & Salary Per Episode
Marcus' life as a beloved TV personality began in 2011 with Celebrity Apprentice. A year later, he starred in ABC's Secret Millionaire.
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No longer content with hogging all the success on his own, he began hosting a then-new show on CNBC called The Profit in 2013. The premise of the show saw him lend expertise to struggling businesses. He has invested over $50 million on the companies featured on it.
In tangent with The Profit, the shrewd business commenced hosting a new show called The Partner in 2017. Aired on CNBC, The Partner features him tracking down business managers to help him aid in running his businesses.
As part of The Profit's 9 April 2019 episode, Marcus Lemonis explores his Lebanese roots (Photo:- Marcus Lemonis' Instagram)
As a CNBC personality, Marcus probably makes little under six-figure sum in salary per episode. No doubt that the compensation he earns from his TV gigs pale in comparison to the profits he accumulates through long-term investments.
As a means to diversify his investment portfolio, Marcus founded the Marcus Lemonis Fashion Group - a collection of expanding fashion brands and retailers.
Capitalizing on his full-blown e-commerce, marketing, and technological capabilities, the former politician wishes to garner similar reverence in the fashion industry as his earlier endeavors.
Contact Info Plus Age
Like many business tycoons and celebrities, Marcus is beyond the reach of an ordinary individual.
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Any contact info available on him is through his businesses. @freedomroads.com, @campingworld.com, and @campingworldrv.com are some measures to contact him.
Now at the age of 45, Marcus resides in Chicago, Illinois with his 20 years senior wife, Bobbi Raffel.