You gotta put down the Corona and come in from the sun if you think Illitch and his Little Caesar empire has deeper pockets than the Wirtz Corp.
Not sure what you're laughing about you are way off base.
It is the difference between a patriarch of a family business and one that has split his inheritance several ways.
When Bill Wirtz passed away he was worth between 3 to 4 billion dollars, though a lot of that is invested in the Liquor company and were not accessible. Rocky is worth 500 million, not sure what Chris will be worth.
But Mike and Marian Ilitch are worth 4.8 Billion dollars, Mike Ilitch makes up 2.7 billion of that.
The Wings investment in their stadium project which they are being roundly criticized for by some represents half of Rock Wirtz's net worth. They are just offering that up as like yeah we want to do this part.
The Ilitch's have an insane amount of money. They have also spread it out within the family quite a bit more with the kids and Marian owning several of their properties.
Anyway the Wirtz family has an estimated net worth of 4.2 billion dollars. Ilitch's family exceeds 5 billion when looking at the children's involvement. It will be interesting to see how it goes when the empire passes on, though as I said a ton of the properties are actually owned by her and her health is still very good.
He doesn't just own Little Caesars he owns millions of dollars worth of property, a massive entertainment company with several properties, casinos and things of that nature.
Really their wealth has an outstanding chance of going through the roof as a part of it has been used to buy up virtually useless land they are now going to build the stadium on to connect downtown to midtown. If the project goes well, you're looking at maybe a billion dollar windfall in terms of their net worth as they own all of that area.