If you don’t love what you are doing, then stop right there, start the things that you enjoy doing no matter what other people think. Guess what would have happened if Marcus Lemonis had thought he would never succeed.
Lebanese-American Maru Lemonis is a business tycoon who was abandoned by his birth parent when he was four days old and adopted by Sophia and Leo Lemonis. He was born in Beirut, Lebanon, on 16th November 1973 and brought up in Miami, Florida.
The businessman-turned-TV Personality is well-known for his business program ‘The Profit’ broadcast on CNBC Network, which focuses on small businesses.
As a successful show host and business owner, he sure looks rich but what’s his actual net worth? How much he makes per episode from the show. Let’s know about his income details right here!
Marcus Lemonis Net Worth in 2019
Marcus is the chairman and CEO of Camping World. Muli-faceted Marcus Lemonis earns a staggering amount of money from his business and various other ventures. As of 2019, his net worth is reported at $900 million.
At present, Lemonislives in Chicago, Illinois with his wife, Bobbi Raffel. In 2019, he listed his Lake Forest mansion for $2.5 million on the market for sale. He repurchased the property in September 2018 for $1.85 million. It has about 2 acres. The beautiful home has six bedrooms.
In 2017, Marcus purchased a home in Montecito, Califonia near Santa Barbara worth $6.85 million. The 8,100 square foot house has a spacious living and family room with fireplaces.
In 2013, he bought a lot line with the seven bedrooms mansion on Spring Road for $5 Million. That same year, The Profit star owned the 4,969 square foot house for $1.5 million.
In August 2015, Lemonis paid $5.4 million for two-bedroom and two and a half bathrooms duplex at a Park Avenue highrise in New York City. Additionally, in June 2018, the host of CNBC’s The Profit sold his Gold Coast condo for $3.25 million. He paid the 17th-floor condo for $3 million in 2016. The 3,900-square-foot had three bedrooms with a total of 500 square feet.
At the same time, he and his ex-wife, Ila sold a mansion on Ridge Road for $2.7 million bearing a loss of 2.2 million which he owned for $4.9 million in 2004.
Marcus and his brothers Andrew and Jonathan invested $1 million in the Car Cash brand, buying and selling company based in NY. He takes his business into the new location all over the nation. It is one of the tops brands in the USA that especially sponsors for NASCAR racing. He owned 1-800 Car Cash in 2018.
Following the college, Marcus earned a degree in political science. In 1997, he worked on his grandfather’s car dealership in South Florida, Anthony Abraham Chevrolet. Then he served as CEO Holiday RV Superstores Inc for two years, and later the company merged with Camping World. After six years, another company, Sam Good Enterprises, joined with it.
Back in 2016, his company Camping World went in public on the New York Stock Exchange at $22 per share and giving the company’s share value of approximately $2 billion. After two years, the company share has fallen at $14.46 per share.
In addition to his career, Marcus is an entrepreneur and became the helping hand for several troubled companies. In 2012, Lemonis signed a cheque of $2million to save Rose’s Bakery & Wheat Free Cafe and invested additional worth $150,000 for the next 18 months.
TV Shows: The Profit & The Partner
Not only from his business, but Marcus makes massive money from his TV shows. He made his first appearance on the television show ‘Celebrity Apprentice’ in 2011. Later on, he featured in an episode of ABC’s Secret Millionaire.
Eventually, he became famous after he hosts his reality show ‘The Profit’ in 2013. He invested $35 million in his businesses featured in the program. After the success of his first show, Lemonis starred and co-produced another show ‘The Partner’ on CNBC. It goes without saying, Marcus Lemonis is a successful and wealthy businessman and TV personality.