The Mathis Brothers, Bill and Larry, have carved a niche in the furniture industry, building a formidable empire that spans Oklahoma and beyond. Their recipe for success showcases a knack for affordable furniture, convenient services, strategic expansion, community involvement, and a strong family-oriented culture.
The Mathis Brothers: A Furniture Dynasty
From the humble beginnings of their father’s store, the Mathis brothers have transformed their business into a thriving chain. Their estimated net worth stands in the tens of millions, with their Oklahoma City stores alone generating $92 million in revenue during 2019.
Key Ingredients to Their Success
- Affordable Furniture: Mathis Brothers offers budget-friendly furniture options, catering to value-conscious customers.
- Convenient Services: In-house credit and delivery services enhance the shopping experience for customers.
- Expansion and Growth: The brothers have expanded their footprint, acquiring other furniture businesses and solidifying their dominance in the industry.
- Community Spirit: The Mathis Brothers support local charities and organizations, fostering strong bonds with their communities.
- Family First: The company culture emphasizes family values, with Bill and Larry leading the charge together.
The Leadership at the Helm
Larry Mathis: CEO and Guiding Force
Since 1988, Larry Mathis has steered Mathis Brothers as CEO, guiding its expansion and maintaining its commitment to affordability, selection, and customer satisfaction.
Rusty Mathis: Driving Innovation and the Next Generation
Rusty Mathis, Larry’s son, has joined the company as president, spearheading digital transformation and cutting-edge initiatives to ensure Mathis Brothers remains at the forefront of the industry.
Judge Mathis: A Journey of Justice and Entertainment
Judge Greg Mathis, a leading figure in courtroom dramas, boasts an impressive net worth of $25 million. His remarkable journey from the streets of Detroit to the bench has been marked by a commitment to justice and social commentary.
His long-running TV show, “Judge Mathis,” has captivated audiences with its blend of courtroom drama and insights into social issues. As a prominent African American figure in the legal field, Judge Mathis has played a pivotal role in promoting diversity and representation.
Conclusion
The Mathis Brothers serve as a testament to the power of hard work, smart business practices, and a strong family bond. Their unwavering dedication to their customers and their communities has positioned them as a force to be reckoned with in the furniture industry. However, the competitive nature of the furniture market remains a constant challenge, as they navigate the presence of large players and online competitors.