Doug Meijer Net Worth

Doug Meijer has an estimated net worth of $6.2 billion, according to Forbes Real-Time Billionaires, Doug Meijer profile (figures as of October 20, 2026). That is up from $4.6 billion in 2023.

Doug Meijer is an American businessman best known as co-chairman of Meijer, a supermarket chain based in Michigan. The company was started in 1934 by his grandfather Henrik Meijer, a Dutch immigrant. Doug later took a larger leadership role in the family business and became one of the executives most closely tied to its growth. Today, Meijer operates 500 stores across the Midwest and brings in estimated revenue of $22 billion.

His wealth is tied to Meijer, which he owns with his brothers Hank and Mark. Doug and Hank served as co-CEOs from 1990 to 2017, helping lead the chain through a long period of expansion. All three brothers now sit on the board of directors, while Hank serves as executive chairman. Forbes put Doug Meijer's net worth at $6.2 billion on its real-time billionaires tracker as of October 20, 2026.

How Doug Meijer makes his money

Doug Meijer's fortune comes from the family ownership of Meijer, a large grocery chain in the Midwest. The business began in 1934 and grew into a major regional retailer. Because Doug owns the company with his brothers Hank and Mark, his wealth rises and falls with the value of that business. Meijer sits in Forbes' Fashion & Retail industry grouping, and the company's scale is a big reason his estimated fortune is so large.

A key part of Doug Meijer's career was his long run as co-CEO with his brother Hank from 1990 to 2017. That leadership role placed him at the center of the chain's operations during an important stretch for the company. Meijer now has 500 stores across the Midwest and estimated revenue of $22 billion. Doug remains involved through the board, where all three brothers still serve.

How the Forbes estimate changed

Forbes has tracked Doug Meijer's wealth over several years, and the estimate moved up before easing slightly. It listed him at $4.6 billion in 2023, then $5.5 billion in 2024, and $6.6 billion in 2025. In 2026, Forbes' World's Billionaires List estimated $6.3 billion. Those changes fit the fact that his money is tied closely to a private retail company instead of pay from a public stock.

The latest Forbes figure is a bit below the 2025 peak but still very high. Forbes' real-time billionaires tracker showed Doug Meijer at $6.2 billion as of October 20, 2026. His money story is fairly direct: it comes from ownership in a large supermarket business with deep family roots, a broad Midwest footprint, and estimated annual revenue of $22 billion.