Success has many friends, no wonder many people flock around self-made multimillionaire Marcus Lemonis. Fuelled mostly by passion and good company, Marcus Lemonis has been able to amass a staggering net worth. From the automotive industry to reality TV, Lemonis has dipped his feet in some profitable pools over the years.
Lemonis once told Forbes that he has always loved making deals while attributing his successes to knowing his numbers and surrounding himself with the best people. The CEO of America’s leading RV Company, Camping World, has made such significant strides in his ventures that many often wonder if his marital life is also as successful.
How Marcu Lemonis Grew His Net Worth to $900 Million
Best known as Marcus Lemonis, the Lebanese-born American businessman has been described as a man of great character and a great business-oriented mind. He is a television personality, investor, and philanthropist with assets valued at $900 million as of 2020
Born on November 16, 1973, in Lebanon during the civil war, Marcus Lemonis was adopted by a Greek couple named Leo and Sophia Lemonis. He grew up learning about the operations of the automotive industries under his grandfather who owned two of the biggest Chevrolet dealerships in the country. A family friend, Lee Iacocca, also mentored him.
When he completed his bachelor’s degree in political science in 1995 from Marquette University, Lemonis wanted to join the House of Representatives. After failing in the first effort he made to dive into politics, Marcus Lemonis redirected his focus to build a career in the automotive industry and run the legacy of his grandfather.
Camping World Is His Biggest Source of Income
After getting into sales and managerial roles in 1997 for AutoNation, Marcus Lemonis grabbed fame and became the CEO of Holiday RV Superstores Inc. from 2001 to 2003 after which he co-founded FreedomRoads which later merged with Camping World in 2006 and Good Sam Enterprises in 2011 with Lemonis retaining his position as the CEO of the company. Lemonis furnished his business ventures to attract public attention when he teamed-up with NASCAR in 2004 by sponsoring John Andretti while also taking the company to paramount heights of top three sponsors in sports. He again renewed the sponsorship with NASCAR for his Camping World Company to run the Truck Series until 2022.
Marcus Lemonis’ income has been increasing with his participation in several businesses as a serial entrepreneur. He brought back Bakery & Wheat Free Cafe that was set to close down in 2012 with investments and advertising campaigns, which not only uplifted the bakery but also helped to start new branches in several other locations. In 2017, Lemonis’ company Camping World acquired the popular Chicago company, Uncle Dan’s Outfitters. Among other things, he had hoped to grow the e-commerce reach of his establishments with the new acquisition. His eponymous holding company Marcus Lemonis Enterprises LLC includes several other business ventures he’s invested in, from Dapper Classics to Mr. Green Tea, Amazing Grapes, Betty Lou’s, and more.
His business ideas and approach took him to newer heights, giving him the fame he needed for his business operations. First, Crain’s Chicago Business featured him in their 2005 edition of “40 under 40”. Two years later (2007), RV Business Magazine named him the “Newsmaker of the Year.” The next year (2008), Marcus was also named “Entrepreneur of the Year” by Ernst & Young. In his long-running reality series, The Profit, Marcus Lemonis portrays how he conducts the affairs of his multibillion-dollar company, Camping World. Meanwhile, the shares of Camping World Holdings rose by more than 3 percent in its first day of trading on the New York Stock Exchange. With 11.4 million shares, the initial public offering raised $251 million.
Paychecks from TV Shows Added to His Wealth
Marcus Lemonis’s earnings also come from his appearances on television, with him being featured on the CNBC reality series The Profit. When he isn’t depicting how he runs Camping World on the show, he hunts for struggling businesses that are desperate for cash and eager to make a deal with him.
He generally makes offers that are difficult to refuse and will do whatever it takes to rescue the sinking business and ultimately make a profit.
Before The Profit, Marcus Lemonis appeared on NBC’s Celebrity Apprentice; that was between 2011 and 2012. Also, he featured on ABC’s television show, Secret Millionaire. Thanks to his incredible net worth, Marcus Lemonis has a mansion in Montecito, California, and another luxurious home in Lake Forest, Illinois, where he lives with his wife, Bobbi Lemonis.
How Marcus Lemonis Juggles Business with Family Life
Even business gurus make mistakes, and The Profit star is no exception. However, his marital life does not seem to be one of those. Marcus Lemonis officially tied the knot with his wife Roberta “Bobbi” Raffel, a fashion entrepreneur on February 17, 2018. The official age of his significant other is not known, but given she is at least 20 years older than her hubby, the revelation came as a bit of surprise. Even more so because before their relationship, Lemonis had a reputation for dating younger women.
Like her hubby, Bobbi Lemonis is also a businessperson with extensive experience in the fashion industry. She has done everything from sales management to managing runways and modeling agencies. She also owns a share of her husband’s multibillion-dollar company Camping World, having invested $1.3 million in it.
Oblivious to the fact that she would take his last name two years later, Bobbi’s first words to her husband had been, “Hey, buy my business.” This took place at COTERIE, a women fashion trade event in 2016. The two hit it off (after he bought the business, of course) and a year later, Marcus popped the big question during Christmas in a secret Santa style. Their wedding was a secret affair that took place at Hotel Bel-Air with only religious ministers and those closest to them witnessing it.
Though the couple does not share a child yet, Marcus Lemonis is stepdad and grandfather to Bobbi’s two kids and their children. Bobbi’s children (a son and a daughter) came from her relationship before meeting her husband. With both of them being over 30 years old, they have their own families now, and all seem to get along with Marcus.
Asked how he manages to balance business with marriage, Marcus Lemonis had this to say: “anyone in a relationship should realize that they are in a journey; a lifetime commitment.” The couple seems to understand that, and it seems to be working for them.