Michael Teel

Michael Teel (#2624)

Global Rank #2624

Country Rank #828

Country United States

Michael Teel is listed among the world billionaires tracked by Iconic Billionaires.

$ 2 B
supermarkets
United States
M
75 Years

Snapshot

Quick Facts

Global Rank #2,624

Country Rank #828

Net Worth $1.5B

Previous Worth $1.5B

Worth Change +$0.0B

Country United States

Industry supermarkets

Age 75 Years

Gender M

Worth As Of May 4, 2026

Residence Sacramento, California

Citizenship United States

World Billionaires List United States Billionaires supermarkets

Profile Data

Personal Stats

Age 74

Source Of Wealth supermarkets

Residence Sacramento, California

Citizenship United States

Marital Status Married

Education Bachelor of Arts/Science, Whittier College

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.5B

Current Net Worth $1.5B

Worth as of May 4, 2026

About Me

Michael Teel is the owner and chairman of Raley's, a Sacramento-based supermarket chain with estimated revenues of $6 billion. He is the third-generation owner. His grandfather, Tom Raley, founded the company in 1935. He took over from his mother, Joyce Raley Teel (d. 2022), who ran Raley's from 1991 to 2015, when she transferred ownership to Michael. Today Raley's has 235 stores in California, Nevada, Arizona, Washington, Alaska and Oregon. The company also operates stores in several tribal nations in the Southwest.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Michael Teel.

#2600

Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Michael Teel's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $1.5B (May 4, 2026)