Quick Info Table
| Details | |
|---|---|
| Name | J. Willard Marriott |
| Occupation(s) | Hotelier, Businessman |
| Date of Birth | September 17, 1900 |
| Date of Death | August 13, 1985 |
| Place of Birth | Marriott Settlement, Utah, USA |
| Nationality | American |
| Parents | Hyrum Willard Marriott, Ellen Morris Marriott |
| Spouse | Alice Sheets Marriott |
| Children | J.W. Marriott Jr., Richard E. Marriott, Alice S. Marriott, and more |
| Net Worth (2024) | $5.8 billion (estimated) |
| Source of Wealth | Marriott International, Investments |
| Ventures | Marriott Corporation, Hot Shoppes restaurants |
| Ethnicity | Caucasian |
Early Life and Career Beginnings
J. Willard Marriott, born on September 17, 1900, in a small settlement in Utah, displayed entrepreneurial spirit from a young age. His parents, Hyrum and Ellen Marriott, instilled in him the values of hard work and dedication. Marriott's journey into the hospitality industry began when he opened a small root beer stand in Washington, D.C., in 1927.
Building an Empire
Marriott's commitment to excellence and innovation led to the establishment of the Hot Shoppes restaurant chain, which later evolved into the Marriott Corporation. Under his leadership, the company expanded rapidly, becoming a prominent player in the hospitality sector. Marriott's keen business acumen and focus on customer satisfaction set the foundation for the company's success.
Legacy and Impact
J. Willard Marriott's legacy extends beyond his entrepreneurial achievements. He was known for his philanthropic endeavors and commitment to employee welfare. Marriott's emphasis on corporate culture and employee training became hallmarks of the Marriott brand, setting new standards in the industry.
Net Worth and Financial Insights
As of 2024, J. Willard Marriott's net worth is estimated to be $5.8 billion. His wealth primarily stems from his founding of Marriott International and strategic investments in various ventures. The Marriott brand's global presence and reputation for quality have contributed significantly to the family's financial success.
Conclusion
J. Willard Marriott's pioneering spirit and dedication to excellence have left an indelible mark on the hospitality industry. His visionary leadership and commitment to service continue to inspire generations of entrepreneurs. Through his enduring legacy, Marriott's name remains synonymous with innovation, quality, and success in the world of business and hospitality.
