Cha-Ching! This Is Michigan’s Richest Person 2025

Do you know who the richest person in Michigan is?

If you don't believe money buys happiness, think again. Can you imagine being so wealthy that you could buy anything you desire? I can.

Chances are, Michigan's richest person can do just that. That is not to say that this particular man did not work hard for his millions; from all accounts, he did.

Do you guess as to who the richest person in the Great Lakes State is?

Here are a few more clues about this Michigan billionaire,

• His business ventures began in 1985 at the age of 22 with Rock Financial, which he sold and later repurchased, transforming it into Quicken Loans and eventually Rocket Companies.
• He owns the Cleveland Cavaliers NBA basketball team

If you guessed Dan Gilbert, you are correct.

According to Forbes, Mr. Gilbert is worth $23.7 billion. Yes, that is a billion with a B.

Fun fact, according to the New York Post, there are only three states in the U.S. without billionaires.

• Alaska
• Delaware
• West Virginia

As of 2025, Marian Ilitch is the richest woman in Michigan, with an estimated net worth of $5.87 billion. She co-founded Little Caesars Pizza with her late husband, Mike Ilitch, and currently serves as the chairwoman of Ilitch Holdings, a company that owns the Detroit Red Wings, Detroit Tigers, and MotorCity Casino Hotel.

As you can see, both Dan Gilbert and Marian Ilitch have very impressive resumes.

Hey, it’s never too late for your name to be added to the list of wealthy Michigan residents. Get out there and make that money.

I know, I know - it's much easier said than done.