Bill Mariott is a name that can’t be ruled out in the hotel business. Bill is a well-known businessperson and the executive chairman of Marriott International. His contribution to the hospitality industry globally is there for everybody to see. As of this write-up, Bill Marriott is a billionaire and one of the wealthiest individuals in the World. Bill’s net worth is $2.2 billion as of 2024.
Holding a Bachelor of Science degree in finance from the University of Utah, Bill began his professional career at Marriott Corporation, which his parents founded in 1956.
Over time, Bill grew the family business beyond restaurants to become an international hotel empire. He introduced cutting-edge revenue management strategies while serving as CEO until 2012 and as executive chairman. His achievements and contributions have been recognized with multiple awards, most notably the Ernst & Young National/Overall Entrepreneur of the Year in 2016, a testament to his success and impact. A fervent advocate of the Church of Jesus Christ of Latter-day Saints, Bill also occupies prominent positions on boards, underscoring his impact beyond hospitality. In this article, we will learn about Bill Mariot’s successful financial journey, exploring his age, net worth, wiki, biography, age, height, and more.
Unknown Facts About Bill Marriott
- Bill Marriott was born on March 25, 1932, in Washington, D.C., United States.
- He is an alumnus of the University of Utah.
- He is known to be the son of J. Willard Marriott.
- Bill assumed the role of Executive Chairman of the company.
- Bill has a net worth of $2.2 billion as of 2024.
- Bill owns over 11% of Marriott’s outstanding equity as of this writing.
Net Worth and Salary
What is Bill Marriott’s net worth? Bill Marriott, the business tycoon, has amassed a tremendous fortune from his career. As of this writing, Bill has a whopping net worth of $2.2 billion, placing him among the wealthiest people in Maryland. He accumulated wealth as an heir to Marriott International, the world’s largest hotel company. Bill contributed to the company’s transformation into an international hospitality empire with more than 7,600 properties spread across 130 countries and territories while serving as its chairman and former CEO.
Currently, Bill holds just over 11% of Bill’s outstanding equity. John Willard Marriott, the company’s founder, opened a root beer stand in Washington, D.C., in 1927. When Bill started working there in 1954, the company primarily catered events and operated restaurants. Bill oversaw a significant company expansion into hotels all over the world. 2012 marked Bill Marriott’s resignation as the company’s CEO.
Bill’s Early Life and Education
Bill Marriott Jr., the son of Alice Marriott and J. Willard Marriott, the founder of Marriott Corporation, was born on March 25, 1932, in Washington, D.C., United States. According to his birthday, he was born under the Taurus astrological sign. Bill is an American national, was raised Catholic, and is of white ancestry. He received his education at St. Albans School in Washington, D.C. Bill is also an Eagle Scout and receiver of the Distinguished Eagle Scout Award.
In 1954, Bill received a Bachelor of Science degree in finance from the University of Utah. Following his graduation, Bill served as an officer in the United States Navy for two years prior to joining the family business in 1956. In June 1955, Bill was married at the Salt Lake Temple in Salt Lake City.
Quick Biography
| Marriott’s Quick Biography | Answers |
| Birthday | March 25, 1932 |
| Full Name | Bill Marriott Jr. |
| Hometown | Washington, D.C., United States |
| Lives In | N/A |
| Net Worth | $2.2 billion |
| Horoscope/Birth Sign | Taurus |
| Age | 92 years old |
| Stage Name | Jim Norton |
| Profession | Businessman |
| Father’s Name | J. Willard Marriott |
| Mother’s Name | Alice Marriott |
| Number of Children | 4 |
| Children’s Name | Stephen Garff Marriott, David Marriott, Debbie Marriott Harrison, John Marriott |
| Husband/Boyfriend | N/A |
| Wife/Girlfriend | N/A |
| Birth Year | 1932 |
| Trivia | Bill is the son of J. Willard Marriott, the founder of the Marriott Corporation. |
| Facebook Handle | Bill-Marriott-Jr. |
| YouTube Handle | N/A |
| Twitter/X Handle | @Billmarriott |
| Instagram Handle | @bill_marriott |
| Snapchat Handle | N/A |
| Height | N/A |
| Body Measurements | N/A |
| Feet/Shoe Size | N/A |
| Color of Eye | Brown |
| Movies Starred | None |
| References | Wikipedia |
Career
Before joining the Marriott Corporation, Bill Marriott worked in various positions, learning the corners of the family business. His early work included managing Hot Shoppes, the company’s first successful restaurant chain. He joined the Marriott Corporation in 1956. Bill was named Executive Vice President of the company in 1964, managing its operations and contributing significantly to the growth and success of the Marriott hotel brand. Under Bill Marriott’s direction, the business quickly increased its national and worldwide reach. Bill began its global expansion by opening its first property abroad in Acapulco, Mexico 1967.
Since then, the company has expanded with properties throughout Europe, Asia, and the Middle East. The business launched its 100th hotel in 1983 and became well-known in the hospitality sector by then. His strategy for growth comprised brand diversification and the launch of new products aimed at specific market niches. Courtyard by Marriott entered the mid-priced hotel segment in 1984. Other brands were introduced after that, such as Ritz-Carlton, Fairfield Inn, and Residence Inn, which Marriott purchased in 1995.
Marriott International
In 1993, Bill supervised the split of the Marriott Corporation into two separate entities: Host Marriott Corporation and Marriott International. Marriott Corporation prioritized real estate ownership, while Marriott International focused on hotel management and franchising. After Bill took over as Chairman and CEO of Marriott International, he was the primary force behind the company’s rapid development.
While he led Marriott International, the 1997 acquisition of Renaissance Hotels and the 2016 acquisition of Starwood Hotels & Resorts Worldwide were two of its strategic acquisitions. The earlier acquisition made Marriott the biggest hotel company globally, with more than 1.1 million rooms distributed among 30 brands.
Philanthropy
Bill Marriott is renowned not only for his business achievements but also for his charitable work. He has greatly supported education, healthcare, and cultural institutions and served on the boards of many nonprofit organizations. The J. Willard and Alice S. Marriott Foundation has been in charge of millions of dollars donated to educational programs, health research, and community projects.
Personal Life
Is Bill Marriot married? Bill Marriott has been married to Donna Garff for over 61 years. Together, they have four children, all of whom work for Marriott International, fifteen grandchildren, and twenty great-grandchildren. They raised their children in a brick ranch-style home in Bethesda, Maryland. Mike Wallace spoke with Marriott during a 60 Minutes interview on April 7, 1996.
John Marriott III, the son of Bill Marriott, filed a lawsuit against both Richard Marriott and Bill Marriott in 2018, alleging that they had denied him access to the family wealth, partly because John had divorced his wife without his father’s consent. The case was resolved outside of court.
Frequently Asked Questions
How old is Bill Marriott?
Bill Marriott is 92 years old.
Where was Bill Marriott born?
He was born in Washington, D.C., United States.
How many kids does Bill Marriott have?
Bill has four children: Stephen Garff Marriott, David Marriott, Debbie Marriott Harrison, and John Marriott.
Is Bill Marriott married or single?
Bill has been married to Donna Garff for more than 61 years.
Who owns the Marriott, son?
He is currently the Executive Chairman and Chairman of the Board of Marriott International.
Is Bill Marriott a billionaire?
Bill has a net worth of $2.2 billion, making him a billionaire.
