Mike Ilitch, founder of Little Caesar's Pizza and owner of the Detroit Tigers and Red Wings, passed away at 87 Friday. Christopher Ilitch said in a statement released by Ilitch Holdings Inc. The Red Wings won four Stanley Cups under his ownership, while the Tigers reached two World Series, losing both times. He and his wife, Marian, were listed by Forbes at No. 86 in its 2016 rankings of the richest people in America, with a net worth of $5.8 billion.