John Schnatter
Overview
- Source of Wealth
- Papa John's
- Industry
- Food & Beverage
- Residence
- Louisville, Kentucky
- Education
- Ball State University (Bachelor of Arts/Economics)
- Marital Status
- Married
- Children
- 3
Assets
- Papa John's International9,395,000 shares @ --PZZA-US
Biography
Schnatter opened the first Papa John's restaurant in 1985, two years after graduating from Ball State University where he delivered pizza on the side.
He sold his very first pies out of a renovated broom closet in his father's tavern in Jeffersonville, Indiana.
Papa John's is now the third-largest pizza company in America, with more than 3,300 locations in the U.S. and another 1,700 abroad
An avid sports fan, he has appeared in Papa John's commercials with NFL great Peyton Manning, and his company sponsors the Super Bowl.
About
His famous pie-tossing hands are reportedly insured for a large chunk of dough -- $15 million.
In 1983, Schnatter sold his 1972 Camaro for $2,800 to pay his father's pub debt. Almost 30 years later, he bought back the Camaro for $250,000.