Tom Monaghan | |
---|---|
Born | Thomas Stephen Monaghan March 25, 1937 Ann Arbor, Michigan, U.S. |
Alma mater | University of Michigan |
Known for | Founder of Ave Maria University Founder of Domino's Pizza Former owner of the Detroit Tigers (1983–1992) |
Spouse |
Marjorie Zybach (m. 1962) |
Children | 4 |
Thomas Stephen Monaghan (born March 25, 1937) is an American entrepreneur[1][2][3][4] who founded Domino's Pizza in 1960. He also owns the Domino's Farms Office Park, located in the Ann Arbor Charter Township, Michigan, which he first started building during 1984.[5] He also owned the Detroit Tigers of Major League Baseball (MLB) from 1983 to 1992.
Monaghan is a devout Catholic and announced his retirement in 1998 after 38 years with Domino's Pizza, Inc. Monaghan sold 93 percent of the company to Bain Capital for around $1 billion, ceased being involved in day-to-day operations of the company, and subsequently dedicated his time and considerable fortune to Catholic causes. A supporter of the pro-life movement and other Catholic teachings "to combat the nation's 'moral crisis'", Monaghan has spent hundreds of millions of dollars promoting them.[6]
He and his wife, Marjorie Zybach, whom he met while delivering pizza, were married in 1962 and have four daughters: Margaret, Susan, Mary and Barbara. As of 2014, they have 10 grandchildren and one great-grandchild.