The Red Wings are owned by Ilitch Holdings. Mike Ilitch, founder of the Little Caesars Pizza franchise, purchased the team in 1982 for $8 million. After his death in 2017, official ownership was transferred to the holding company which bears his family name and is owned by his surviving wife, Marian Ilitch. Here is the complete ownership history of the franchise prior to that.
Bruce Norris, 1955-1982
Marguerite Norris, 1952-1955
James E. Norris, 1933-1952
Creditors’ Committee, 1931-1933
Charles A. Hughes, 1926-1931