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Late Businessman Michael Kittredge was the owner of Yankee Candle company. What was the total net worth of Michael Kittredge?
Michael Kittredge was known as the founder of the Yankee Candle.
He began creating candles in the carport of his childhood home in South Hadley 50 years ago as a gift for his mother, making his first candle out of melted crayons.
Unfortunately, Michael is no more and died at 67 on the 24th of July, 2021.
What Is Michael Kittredge Net Worth?
Talking about his net worth, Michael Kittredge had yet to disclose any information regarding his total assets.
According to Mass Live, Michael built the company Yankee Candle until selling 90 percent of it for an estimated $500 million in 1998.
He put up his guitar, banjo, and stereo as security for a $2,000 bank loan when he first started his company.
According to WSJ, Kittredge Yankee corporation generated $150 million in annual revenues by 1997.
Its Deerfield, Massachusetts, retail establishments have become a tourist magnet. Yankee Candle founder Michael Kittredge II dies at 67 https://t.co/WfvniD91Ar pic.twitter.com/19X0LeUF93
— KMBC (@kmbc) July 25, 2019 Who Is Michael Kittredge? -Yankee Candle Owner Wikipedia
Michael Kittredge was known to be the founder of the candle company named Yankee Candle of South Deerfield. He was known as a self-made businessman.
Kittredge was also noted for his innovation and philanthropy.
He was most known for founding the Yankee Candle Company, which he started in his family’s basement in 1969 and retired in 1998.
In 2010, he returned to the candle industry, assisting his son Michael Kittredge III in the establishment of the Kringle Candle Company and the Farm Table Restaurant in Bernardston.
Michael Kittredge Wife And Children
Now talking about his wife and family, Michale Kittredge was married thrice in his lifetime.
However, his all marriage did not last long, and he divorced. Hardly any details or names of his ex-wives are known. Just watched my episode on @WEtv I was nervous to watch but I think it turned out well! Thanks to everyone who made it happen! @Zackwysocki
— Mike Kittredge (@MickKitt) June 14, 2014 Michael raised three children a son and two daughters. His children’s names are Michael Kittredge III, Kylie Madison, and Casey Jean.