Monaghan sold 93 percent of the company to Bain Capital, Inc., for about $1 billion, ceased being involved in day-to-day operations of the company, and subsequently dedicated his time and considerable fortune to Catholic causes. Monaghan is a devout Catholic and announced his retirement in 1998 after 38 years with Domino's Pizza, Inc. Monaghan also owns the Domino's Farms Office Park, located in the Ann Arbor Charter Township, Michigan, which he first started building during 1984. He owned the Detroit Tigers from 1983 to 1992. Thomas Stephen Monaghan (born March 25, 1937) is an American entrepreneur who founded Domino's Pizza in 1960.
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