John Schnatter is best known as the Founder, Chairman and CEO of Papa John’s International, Inc. He is recognizable from the Papa John’s television commercials as he is one of the two most effective spokesmen in the country. Papa John’s employs over 16,000 people worldwide with over 2,500 franchise locations and 600 corporate office locations. Papa John’s can be found in 32 different countries. Born on November 23, 1961, John went on to get his business degree from Ball State University in 1983. Papa Johns was founded in October 1984, when John started a pizza business in his dad’s tavern. John and his wife Annette, have three kids: Kristine, Danielle and Beau. John Schnatter most recently made news in 2012, when he was very vocal about cutting employee hours and raising prices to combat the effects of the Affordable Care Act.
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John Schnatter has an estimated net worth of $600 million. Papa John’s brings in over 1.1B in revenue. John sold some of his shares for 330.9M over time, but still retains about 6M shares, worth an additional 339M. John has given 30M in charitable contributions to the community. In 1996, he generously donated 5M for the construction of the Papa John’s Cardinal Stadium at the University of Louisville.
This is a substantial compound of a guy worth over $400,000,000 who has 3,500 stores all over the world. If he makes $1./ day off each store, he makes $1.5 million a year which might cover the maintenance costs on this fascinating property.