Last Updated on: 29th May 2025, 03:11 pm
Who is Market Basket CEO Arthur T. Demoulas? Biography, Wiki
Arthur T. Demoulas – the leader whose name became inseparable from New England’s beloved Market Basket supermarkets. His story combines family legacy, dramatic boardroom battles, and remarkable employee loyalty. This biography of Arthur T. Demoulas reveals the man behind the grocery empire.
Arthur T. Demoulas Age
Born Arthur Telemachus Demoulas on December 15, 1954, the age of Arthur T. Demoulas will be 71 years old in 2025 and falls under the zodiac sign Sagittarius.
Short Bio And Some Quick Facts
| Complete Real Name | Arthur Telemachus Demoulas |
| Nickname | Arthur T. Demoulas |
| DOB | December 15, 1954 |
| Age | 71 years |
| Place of Birth | Massachusetts, USA |
| Zodiac Sign | Sagittarius |
| Father | Telemachus “Mike” Demoulas |
| Mother | Update Soon |
| Siblings | Frances Kettenbach, Caren, Glorianne |
| Education | Degree in Business Administration |
| Institute | Bentley University |
| Occupation | Chief Executive Officer |
| Relationship Status | Married |
| Wife | Maureen Demoulas |
| Children | 4 |
| Daughters | Madeline, Mary |
| Son | Telemachus |
| Nationality | American |
| Ethnicity | Greek |
| Religion | Greek Orthodox |
| Height | [Update Soon] |
| Weight | [Update Soon] |
| Eye color | Black |
| Hair color | Half balded-Half White |
| Net Worth (As of 2025) | Approximately $719 million |
| Category | Biography |
Education
His education started locally. Arthur attended Andover High School in Massachusetts, later graduating with a Business Administration degree from Bentley College (now Bentley University). He joined the family business board immediately after his first year at Bentley.
Arthur T. Demoulas Family
The family story of Arthur T. Demoulas centers on a Greek immigrant legacy. His grandfather Athanasios (“Arthur”) founded the original Lowell market in 1917. Arthur T.’s father, Telemachus “Mike” Demoulas, co-built the supermarket chain with his brother George.
Famous friction divided Mike’s descendants (including Arthur T.) and George’s heirs (led by cousin Arthur S. Demoulas). Arthur T. has three siblings: Frances Kettenbach, Caren, and Glorianne.
Arthur T. Demoulas Wife
Is Arthur T. Demoulas married? Yes, He is married to Maureen Demoulas. They maintain a private family life together.
Children
Arthur and Maureen have four children. Two daughters are publicly named: Madeline Demoulas and Mary Demoulas. His son Telemachus and another child prefer privacy. These children of Arthur T. Demoulas occasionally worked within the family business.
Career
Arthur T.’s entire career revolved around Market Basket. He rose from teenage bagger to Vice President and eventually CEO. His leadership focus on employee welfare and low prices built fierce loyalty.
In 2013, cousin Arthur S. gained board control and fired Arthur T. This triggered an employee revolt: strikes, customer boycotts, and supplier halts crippled operations – everyone demanded to know what happened to Arthur T. Demoulas?. The chaos forced a resolution: Arthur T. bought controlling interest (50.5%) for $1.6 billion in 2014, regaining his role as Market Basket CEO.
Years later, in 2020, the board placed him on administrative leave alongside his children Madeline and Telemachus. They alleged he planned “business disruption” after resisting board collaboration. Arthur T. called this a “hostile takeover.” He ultimately departed leadership later that year.
Religion
The Demoulas family actively supports Greek Orthodox institutions like Lowell’s Transfiguration Church. Their foundations donate millions to faith-linked charities.
Arthur T. Demoulas Ethnicity and Nationality
Reflecting the ethnicity of Arthur T. Demoulas, he is of full Greek descent. His nationality is American, born and raised in Massachusetts.
Height and Weight
Public records don’t confirm particular height or weight of Arthur T. Demoulas. Photos suggest an average build.
Net Worth
Estimates of the net worth of Arthur T. Demoulas vary significantly. His 2014 buyout valued Market Basket at ~$3.2 billion. The 2023 TNHE Rich List placed his wealth at $719 million, though ongoing business success likely increased this. Most assets stem from his ownership stake in the private company.
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Arthur T. Demoulas’ Social Media Handles
All the mentioned below are the social media handles of the Market Basket CEO Arthur T. Demoulas:
| Homepage | www.theeducationisthub.com |
| Update Soon | |
| Update Soon | |
| X (Formerly Twitter) | Update Soon |
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