Willie Wilson is a well-known businessman and politician in America. He has been a politician for a long time as a part of the Democratic Party. And made a significant impact in his community and beyond over the years. He was able to amass enormous wealth as well. So, what is Willie Wilson net worth? And how much he made out of his political and business journey? Let’s have a discussion.
Willie Wilson: Who is he?
Born on March 25, 1948, in Louisiana, Willie Wilson is an American politician. While he is also a well-known businessman and entrepreneur. He owns and manages several companies, including a medical supply company and a radio station.
Wilson has also been active in politics, running for public office on several occasions. His last participation was in the mayoral race in Chicago in 2019.
What is Willie Wilson net worth?
Willie Wilson’s net worth is estimated to be around $25 million. The politician has amassed his impressive wealth mostly through his successful businesses.
Some quick info on Willie Wilson
|Net Worth||$25 million|
|Full Name||Willie Lee Wilson|
|Date of Birth||March 25, 1948 (age 74)|
|Place of Birth||Gilbert, Louisiana, United States|
|Profession||Businessman, Politician, Philanthropist|
|Height||5 feet 11 inches|
Sources and Factors behind Willie Wilson Net Worth
One of the major sources of Willie Wilson’s net worth is his business journey. From his Medical Supplies Company to McDonald’s franchises, he has been successful in the business world. However, there are some factors too that helped his impressive wealth. Let’s take a closer look.
Willie Wilson Business Ventures
In the early 1980s, Wilson started his business journey founding a chain of drugstores in Chicago. Though he sold the chain later for a profit. Afterward, he went on to establish Omar Medical Supplies, a medical supply company. That too brought success to him.
One of Willie Wilson’s most notable business ventures is his ownership of McDonald’s franchises in the Chicago area. As a franchise owner of McDonald’s, he earned huge recognition in the business world. He has been a franchisee for more than 30 years. His success in the fast-food industry has contributed significantly to his overall net worth. In fact, it’s the most successful business in his career.
Real Estate, Stocks, and Investments
As successful a businessman, Wilson is also an investor in real estate. Owning a number of properties in the Chicago area, he has made himself successful in the real state list too. He has been involved in various real estate development projects. The renovation of the historic Regal Theater in Chicago’s South Side is just one of those.
Then again, his investments in the stock market are another source we count on. Over the years, Wilson has invested in various companies. All these investments have also worked as major sources of his overall net worth.
Philanthropy and Political Activities
While it’s not a source of his net worth, Wilson’s philanthropic efforts have an impact on it. He has donated millions of dollars to various charitable causes. This includes education, healthcare, and poverty relief. While his philanthropic activities reflect his dedication to giving back to the community. It also has an indirect contribution to his overall net worth.
Additionally, Willie Wilson has worked in many political and civic activities. The politician ran for Mayor of Chicago twice. Though he was not successful in his campaigns. But these activities have given him a platform to promote his message. On top of it, it has enhanced his public profile.
Willie Wilson’s Business to Political Career
After a successful business career, Wilson went on to start his political journey. In 2015, he announced his candidacy for Mayor of Chicago. Running as an independent candidate, he focused his campaign on different issues. Despite his strong showing in the election, he failed to reach the runoff election. And ultimately finished in third place.
Again in 2016, Wilson ran for President of the United States, as Democrat. However, he couldn’t secure enough support. And couldn’t make it into the election.
In 2019, Willie Wilson ran for Mayor of Chicago again. This time, he focused his campaign on issues such as reducing violence in the city, improving education, and increasing economic opportunities for residents. Despite his efforts, he was not able to advance to the runoff election and finished in fourth place.
Despite not being successful in his political endeavors, his involvement in these activities has given him a platform to promote his message and has contributed to his overall public profile.
Where does Willie Wilson live?
Willie Wilson currently resides in Chicago, Illinois, where he has lived for many years. He has also owned homes in other locations, including in the suburbs of Chicago and in the state of Florida.
What is Willie Wilson’s background?
Willie Wilson was born in Louisiana and grew up in poverty. He moved to Chicago as a young adult and worked various jobs before starting his own business ventures.
How many McDonald’s franchises does Willie Wilson own?
Willie Wilson has been a McDonald’s franchisee and owned five of them. However, he later sold them all.
Does Willie Wilson have any children?
Willie Wilson is a father of four children including Terrell Wilson and Kenya Wilson, who also works as a philanthropist.
What happened to Willie Wilson’s son?
Omar Wilson, Willie Wilson’s eldest son, was shot and killed in 1995. He was only 20 years old at that time.
Although not a successful politician, Wilson was and is a successful businessman. That made him a millionaire today. Willie Wilson net worth says just the same. He has built his wealth through various business ventures. Whether it’s his company or McDonald’s franchises, he’s made impressive revenue from them. In addition to his massive wealth, his career serves as an inspiration for aspiring entrepreneurs and business owners. Also, his philanthropy sets an example for giving back to the community.