The Richest in Real Estate Top 100
#12 The Marriott Family
Bill Marriott joined his family’s company, the Marriott Corp, in 1956 and by 1964 he was elected EVP, then member of the board of directors, then president of the company. By 1972, Bill was the company’s CEO, taking a hands-on approach as he expanded the hotel chain across the US and the world and is known for introducing the concept of revenue management to the hotel industry.
Bill ceded the CEO position in 2012, but stays active as chairman, visiting more than 200 hotels a year. But his family’s company continues to grow, recently acquiring Starwood Hotels & Resorts for $12.2B and becoming the largest hotel company in the world.
