Bill Marriott, Jr.

$2.20 B

Ranked #796 in World

About Bill Marriott, Jr.

John Willard "Bill" Marriott Jr., born on March 25, 1932, in Washington, D.C., has been a pivotal figure in the transformation of the hotel industry. With a Bachelor of Science degree in finance from the University of Utah and an initial career start in 1956 at Marriott Corporation, founded by his parents, Marriott expanded the family business beyond restaurants into a global hotel empire. Serving as CEO until 2012 and now as executive chairman, he introduced innovative revenue management techniques. Married to Donna Garff for over six decades, the couple has a large family. Marriott's contributions have been recognized with numerous awards, including the Ernst & Young National/Overall Entrepreneur of the Year in 2016. An active supporter of the Church of Jesus Christ of Latter-day Saints, Marriott also holds significant board positions, emphasizing his influence beyond hospitality.

Born

March 25, 1932 in Washington, D.C., U.S.

Age

94 years

Source Of Wealth

Hotels

Industries

Service

Citizenship

United States

Residence

Potomac, Maryland

Education

Bachelor of Arts/Science, University of Utah

Spouse

Donna Garff

Children

John Willard "Bill" Marriott Jr. was born on March 25, 1932, in Washington, D.C. He is the son of Alice Marriott and J. Willard Marriott, the founder of Marriott Corporation. Growing up in a family deeply involved in the hospitality industry, Bill Marriott developed a passion for the business from an early age.

Bill Marriott, Jr.: Family

Bill Marriott married Donna Garff in 1953, and they remained happily married for over 61 years until her passing in 2014. Together, they raised four children: Deborah, Stephanie, Kathleen, and David. The Marriott family has grown to include fifteen grandchildren and twenty great-grandchildren, all of whom continue to carry on the family's legacy in the hospitality industry.

Bill Marriott, Jr.: Career Highlights

Bill Marriott joined Marriott Corporation in 1956, following in the footsteps of his father. He played a pivotal role in expanding the company's operations from the restaurant business into the hotel industry. His vision and leadership led to the company's rapid growth and success. In 1964, he was elected executive vice president and became a member of the board of directors. He was appointed president of the company in November 1964 and became chief executive officer in 1972. In 1985, he assumed the role of chairman of the board.

During his tenure as CEO, Bill Marriott introduced revenue management to the hotel industry, a revolutionary concept that transformed the way hotels manage their pricing and inventory. He also oversaw the company's global expansion, making Marriott International one of the largest hotel chains in the world.

Bill Marriott, Jr.: Companies

Bill Marriott dedicated his career to the growth and success of Marriott International. Under his leadership, the company expanded from a single root beer stand to a global hospitality giant. Today, Marriott International operates or franchises more than 7,000 properties in over 130 countries and territories, employing over 1.2 million associates.

Bill Marriott, Jr.: Major Achievements

Bill Marriott's contributions to the hospitality industry are immeasurable.

He is credited with revolutionizing the industry through his introduction of revenue management and his focus on customer service. His leadership and vision transformed Marriott International into one of the most successful and respected companies in the world.

Bill Marriott, Jr.: Awards & Achievements

Bill Marriott received numerous awards and honors throughout his career, recognizing his exceptional leadership and contributions to the hospitality industry. Some of his notable awards include:

The Industry Leader of The Year by Broad College of Business, Michigan State University (2001)
Honorary doctorate of humanities from Weber State University (2006)
International Association of Business Communicators' Excellence in Communication Leadership Award (2008)
Icon of the Industry award from Cornell University School of Hotel Administration (2009)
Foreign Language Advocacy Award from the Northeast Conference on the Teaching of Foreign Languages (2010)
National/Overall Entrepreneur of the Year by Ernst & Young (2016)
Distinguished Service Award by the National Maritime Historical Society (2018)

Bill Marriott, Jr.: Personal Life & Legacy

Bill Marriott was an active member of the Church of Jesus Christ of Latter-day Saints and served in various leadership positions within the church. He was also a strong supporter of the annual Festival of Lights on the grounds of the Washington D.C. Temple.

Bill Marriott's legacy is one of innovation, leadership, and exceptional customer service. He transformed the hospitality industry and left a lasting impact on the world. His dedication to excellence and his commitment to providing guests with memorable experiences continue to inspire the industry today.

Bill Marriott, Jr.: Trivia

Bill Marriott was a member of the Sigma Chi fraternity during his college years.
He served as an Area Authority Seventy and member of the Fifth Quorum of the Seventy in the Church of Jesus Christ of Latter-day Saints.
Bill Marriott was actively involved in various boards and councils, including the U.S. Travel and Tourism Promotional Advisory Board, the executive committee of the World Travel and Tourism Council, the National Business Council, the board of trustees of the National Urban League, the director of the National Geographic Society, the director of the Naval Academy Endowment Trust, the chairman of the President's Export Council, and the chairman of the Leadership Council of the Laura Bush Foundation for America's Libraries.

He authored the book "Without Reservations: How a Family Root Beer Stand Grew into a Global Hotel Company" in 2013, sharing his insights and experiences from a lifetime in the hospitality industry.

Wealth History

Timeline

March 25, 1932

John Willard "Bill" Marriott Jr. is born in Washington, D.C.

1954

Earns a Bachelor of Science degree in finance from the University of Utah.

1956

Joins Marriott Corporation.

1964

Elected executive vice president and board member of Marriott Corporation.

November 1964

Becomes president of Marriott Corporation.

1972

Appointed chief executive officer of Marriott Corporation.

1985

Assumes the role of chairman of the board of Marriott Corporation.

2001

Recognized as The Industry Leader of The Year by Broad College of Business, Michigan State University.

2006

Receives an honorary doctorate of humanities from Weber State University.

2008

Honored with the International Association of Business Communicators' Excellence in Communication Leadership Award.

2009

Presented with the Icon of the Industry award from Cornell University School of Hotel Administration.

2010

Receives the Foreign Language Advocacy Award from the Northeast Conference on the Teaching of Foreign Languages.

2012

Steps down as CEO of Marriott Corporation, becoming executive chairman.

2013

Publishes autobiography "Without Reservations: How a Family Root Beer Stand Grew into a Global Hotel Company".

2016

Named National/Overall Entrepreneur of the Year by Ernst & Young.

2018

Awarded the Distinguished Service Award by the National Maritime Historical Society.

Bill Marriott, Jr. : FAQs

What is Bill Marriott, Jr.'s net worth?

As of 2014, Bill Marriott, Jr.'s net worth was $2.20 billion.

What are Bill Marriott, Jr.'s main sources of wealth?

Bill Marriott, Jr.'s main source of income comes from Hotels.

In which industry does Bill Marriott, Jr. primarily operate?

Bill Marriott, Jr. is primarily involved in the Service industry.

What is Bill Marriott, Jr. educational background?

Bill Marriott, Jr. holds a Bachelor of Arts/Science from the University of Utah.

How old is Bill Marriott, Jr.?

Bill Marriott, Jr. is 94 years old.

How many children does Bill Marriott, Jr. have?

Bill Marriott, Jr. has 4 children.

Who is John Willard "Bill" Marriott Jr.?

John Willard "Bill" Marriott Jr. is a prominent American businessman born on March 25, 1932, in Washington, D.C. He is known for his role in expanding the Marriott Corporation into a global hotel company. Bill Marriott served as CEO until 2012 and continues as executive chairman.

What is Bill Marriott's connection to the University of Utah?

Bill Marriott earned a Bachelor of Science degree in finance from the University of Utah in 1954 and was a member of the Sigma Chi fraternity during his time there.

How did Bill Marriott contribute to the hotel industry?

Bill Marriott notably pushed for the expansion of the Marriott Corporation from the restaurant business into the hotel business, became president of the company in 1964, CEO in 1972, and introduced innovative revenue management techniques to the industry.

What awards has Bill Marriott received for his contributions to the industry and community?

Bill Marriott has received numerous awards, including the Industry Leader of the Year award, an honorary doctorate of humanities, the Excellence in Communication Leadership Award, the Icon of the Industry award, and was named National/Overall Entrepreneur of the Year by Ernst & Young.

What are Bill Marriott's personal interests and community involvements?

Bill Marriott is an active member of the Church of Jesus Christ of Latter-day Saints, a supporter of the Festival of Lights in Washington D.C., and has served in significant roles within the church. He is also involved in various boards and councils, contributing to the travel, tourism, business, and educational sectors.