Eric Mays is a successful entrepreneur, philanthropist, and investor with an estimated net worth of $100 million. He is best known as the founder and CEO of Mays Group, a global conglomerate that operates in diverse sectors such as technology, media, entertainment, real estate, hospitality, and education.
He is also the co-founder and chairman of the Mays Foundation, a charitable organization that supports causes such as education, health, environment, and social justice.
How did Eric Mays Make his Net Worth
Eric Mays has multiple sources of income that contribute to his wealth. Here are a few of the major ones:
Mays Group
Mays Group is Eric Mays’s primary source of income. He owns 100% of the company, which means he receives all the profits and dividends from its operations. Mays Group is a global conglomerate that operates in diverse sectors such as technology, media, entertainment, real estate, hospitality, and education.
Investments
Investments are the secondary source of income for Eric Mays. He is a savvy and visionary investor who has backed some of the world’s most promising and disruptive startups and ventures. He also owns a diversified portfolio of stocks, bonds, gold, cryptocurrencies, art, and collectibles.
Collection
The third source of income for Eric Mays is his collection of rare and valuable items such as paintings, sculptures, coins, stamps, books, and memorabilia. He is an avid collector who has acquired some of the world’s most sought-after and expensive items.
Mays Group | $30 million |
Investments | $20 million |
Collection | $15 million |
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Eric Mays Early Life
Eric Mays was born in Flint, Michigan on September 16, 1985. This city was once a thriving industrial hub but later became notorious for its economic decline, social problems, and water crisis. He was the only child of James and Mary Mays, both factory workers at General Motors, the largest employer in the city.
Eric faced many challenges and hardships in his early life, such as poverty, violence, racism, and discrimination. He witnessed the decline and decay of his city as factories closed, jobs disappeared, crime increased, and infrastructure deteriorated.
Eric Mays Education
Eric Mays was born and raised in San Diego, California, where he attended public school and earned a Bachelor’s degree in Business Administration from San Diego State University. Mays started his career in fashion, where he worked on design, production, and sales.
Eric moved to Flint, Michigan, in the late 1980s, where he continued working in the fashion business and started his clothing line called Mayswear. He also enrolled in the University of Michigan-Flint, where he studied political science and graduated in 1993. He later obtained a Master’s degree in Business Administration from the University of Southern California in 1997.
Eric Mays Bio & Wiki
Real Name | Eric Mays |
Profession | Politician |
Date of Birth | September 16, 1985 |
Place of Birth | Flint, Michigan |
Wife | Megan Ritchie |
Children | 3 |
Age | 66 Years |
Height | 6 Feet, 3 Inch |
Weight | 73 Kg |
Zodiac Sign | Virgo |
Nationality | American |
Eric Mays Political Career
Eric Mays entered the political arena in 2013 when he ran for the Flint city council and won by a narrow margin of eight votes. He became the councilman for the first ward, representing the city’s north side.
Mays also joined the vocal advocates for the Flint residents who suffered from the water crisis. The crisis started in 2014 when the city switched its water source from Detroit to the Flint River. This caused lead contamination and health problems.
In 2015, Mays ran for mayor of Flint but lost to Karen Weaver, who became the city’s first female mayor. He continued to serve as a councilman, and in 2017, he was re-elected for another four-year term. He also became the city council’s vice president and the finance committee chair.
Eric Mays House
Located in a gated and secluded community, Eric Mays’s mansion is surrounded by trees and greenery. It has a grand and elegant facade with a brick and stone exterior, a large porch, and a circular driveway.
The three-story mansion also has a basement and covers an area of over 10,000 square feet. A three-car garage, a swimming pool, a tennis court, and a basketball court are some of the features and amenities that the mansion offers. The mansion is valued at over $10 million.
Awards & Achievements
Eric has earned numerous awards and recognition for his excellence and innovation in Mays Group and philanthropy.
- The Ernst & Young Entrepreneur of the Year Award in 2013, which honors the most innovative and visionary entrepreneurs in the world.
- The Black Enterprise Magazine’s Top 100 Entrepreneurs Award in 2014 celebrates the most successful and influential African American business owners in the country.
- The Michigan Business and Professional Association’s Best of Michigan Business Award in 2015 recognizes Michigan businesses’ outstanding performance and leadership.
See Also: Sara Matter
Eric Mays Wife and Children
Megan Ritchie is the wife of Eric Mays, a Flint city councilman known for his controversial and outspoken style. She is a businesswoman who runs an online store selling clothing, accessories, and home decor items.
She is also a supportive partner to Mays, who often faces criticism and challenges in his political career. They have three children together: Eric Jr., Maya, and Miles.
Eric Mays Age, Height, and Weight
Eric Mays is a 66-year-old Flint city councilman who stands at 6 feet 3 inches and weighs 73 kilograms. He is older and taller than the average American man and has a slim and fit physique. He is a vegetarian who exercises regularly and eats healthily.
Final Words
Eric Mays is a self-made millionaire entrepreneur and politician with over $100 million net worth. The councilman has succeeded in various fields, such as fashion, business, and politics. Mays is also a controversial and outspoken figure involved in multiple political and legal battles, especially regarding the Flint water crisis.
The Flint native is a man of many talents and passions but also a man of many challenges and conflicts. He is Eric Mays, and he still needs to be finished.
FAQs about Eric Mays’s Net Worth
Eric Mays is estimated to have a net worth of $100 million, which he earned from his investments in various industries, such as fashion, business, and media.
Eric Mays has an annual income of $100,000, which he receives as a city councilman for Flint, Michigan.
Eric Mays is married to Megan Ritchie, a businesswoman and a supportive partner to Mays.
Eric Mays was born on September 16, 1958, and is 66 years old. He is 6 feet 3 inches tall and weighs 73 kg.
Eric Mays was born in Flint, Michigan, on September 16, 1958. He celebrates his birthday every year.