#119
Todd Graves
Overview
- Source of Wealth
- Fast food
- Industry
- Food & Beverage
- Residence
- Baton Rouge, Louisiana
- Education
- The University Of Georgia (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Biography
Todd Graves founded fried chicken finger fast-food chain Raising Cane's.
Graves came up with the concept for a restaurant serving only chicken finger meals while in college.
A professor gave his idea the lowest grade in the class and he couldn't get bank financing, so he worked as a boilermaker and salmon fisherman to save up cash.
He launched Raising Cane's in 1996, using his savings and an SBA loan.
It's now a fast-growing, $5.1 billion (sales) business serving chicken tenders across some 900 locations in 42 states.
About
Graves named his business after his yellow lab, Raising Cane.