Marcus Lemonis is a Lebanese-born businessman, TV personality, and the CEO of Camping World, Good Sam Enterprises, Gander Outdoors, and The House Boardshop, as well as the producer and star of CNBC reality show, The Profit.
Left at a Beirut orphanage in the midst of civil war and unrest, he was adopted by a Florida couple, Sophia and Leo Lemonis, as an infant.
Lemonis grew up with exposure to the automotive industry from a young age. His great uncle, Anthony Abraham, owned two of the country’s largest Chevrolet dealerships, and Ford and Chrysler executive, Lee Iacocca, was a friend of the family and later a mentor and investor.
After graduating with a political science degree and making an unsuccessful political bid for the Florida House of Representatives, Lemonis turned back to the auto industry, working for his grandfather’s South Florida car dealership until it was acquired in 1997 by AutoNation. He stayed on with the new ownership in a variety of management and sales roles until Iacocca approached him to help create what he hoped would be the country’s largest RV company.
Together, they acquired Holiday RV Superstores, and from 2001 to 2003, Lemonis served as CEO. He then co-founded a company, FreedomRoads, where he began acquiring more dealerships. In 2006, FreedomRoads merged with Camping World, with Lemonis at the helm as CEO, and in 2011, it merged again with Good Sam Enterprises.
Camping World went public in 2016 with market value around $2 billion. The company acquired camping, hunting, and fishing retailer, Gander Mountain, and online skateboard, wakeboard, and outdoor gear retailer, The House Boardshop in 2017. Today, Camping World is America’s largest retailer of recreational vehicles and related products.
Lemonis had several TV appearances on NBC’s Celebrity Apprentice and ABC’s Secret Millionaire, and in 2013, he launched his CNBC reality show, The Profit, in which he finds struggling small businesses to invest in.
Lemonis has received numerous accolades, including a feature in Crain's Chicago Business 40 under 40 in 2005, and recognition as Ernst & Young’s Entrepreneur of the Year in 2008. In 2020, he launched both The Lemon-Aid Foundation and The Business Learning Center as ways to provide resources for struggling businesses and individuals. The Business Learning Center is a free, online business tool with myriad resources for entrepreneurs. Lemonis and his wife endowed the Lemon-Aid Foundation with a $50 million pledge to support underserved communities and small businesses.
Lemonis received his bachelor’s degree in political science from Marquette University. He lives in Lake Forest, Illinois with his wife, Bobbi.
What is Marcus Lemonis' net worth?
The estimated net worth of Marcus Lemonis is at least $21.32 million as of May 11th, 2021. Mr. Lemonis owns 556,003 shares of Camping World stock worth more than $21,322,715 as of October 20th. This net worth evaluation does not reflect any other assets that Mr. Lemonis may own. Learn More.
What is Marcus Lemonis' salary?
As the CEO of Camping World Holdings, Inc., Mr. Lemonis earned a total compensation package of $10,971.00 in 2020. Mr. Lemonis earned a salary of $0.00, and other compensation of $10,971.00.
How do I contact Marcus Lemonis?
The corporate mailing address for Mr. Lemonis and other Camping World executives is 250 PARKWAY DRIVE SUITE 270, LINCOLNSHIRE IL, 60069. Camping World can also be reached via phone at (847) 808-3000 and via email at [email protected]
Has Marcus Lemonis been buying or selling shares of Camping World?
Marcus Lemonis has not been actively trading shares of Camping World over the course of the past ninety days. Most recently, on Tuesday, May 11th, Marcus Lemonis bought 2,330 shares of Camping World stock. The stock was acquired at an average cost of $43.18 per share, with a total value of $100,609.40. Following the completion of the transaction, the chief executive officer now directly owns 556,003 shares of the company's stock, valued at $24,008,209.54.
Are insiders buying or selling shares of Camping World?
In the last year, Camping World insiders bought shares 3 times. They purchased a total of 8,635 shares worth mmore than $300,333.44. In the last year, insiders at the sold shares 15 times. They sold a total of 2,439,362 shares worth mmore than $100,233,194.77. The most recent insider tranaction occured on August, 04th when Karin L Bell CFO bought 3,652 shares worth more than $153,384.00. Insiders at Camping World own 45.6 % of the company.
Information on this page was last updated on 8/4/2021.