Dave Thomas’s profile picture

Dave Thomas

American businessman
Dave Thomas’s profile picture
Net worth 2018: $99 Million
Industry: Restaurateurs
Residence: Atlantic City, New Jersey, USA
Country: United States
BirthDay: 2 July 1932
Sigh: Leo
Died On: January 8, 2002
Education: Coconut Creek High School
BIOGRAPHY

Dave Thomas was bornon 2 July 1932 in Atlantic City, New Jersey, USA, American, is American businessman. Since generations, people have always complained of not finding the perfect pizza or the spot-on spaghetti while trying different restaurants and fast food joints but has anyone looked beyond complaining? One did and became the owner of the third most popular burger restaurant in US, Wendy’s. In an attempt to revive the status of hamburgers in Columbus, Dave Thomas unknowingly re-wrote history in the world of fast food and created a legacy that lasted through ages. It was his inability to find a good hamburger in Columbus that inspired him to take in charge and start with his own enterprise that sold authentic and scrumptious hamburgers. Backing on the years of expertise in restaurant business which he gained from working at Hobby House Restaurant and his successful attempt at reviving the KFC brand, Thomas took a step ahead in his career and founded Wendy's, a fast-food restaurant chain specializing in hamburgers. He served as the chief executive officer of the company which within a couple of years witnessed a growth manifold, expanding from a single enterprise to a huge burger franchise with a chain of 6000 outlets. Apart from being the initiator of Wendy’s, Thomas was also responsible for being the face of the brand, as he appeared in about 800 commercials from 1989 until 2002. To know more about his life and profile, read on.

NET WORTH STATISTIC
2018

$99 Million

TIMELINE
2010

When his family relocated from Fort Wayne, instead of choosing to go with them, he stayed back and switched to working full-time at the restaurant, dropping out from high school during his 10th grade

2003

He was interred in Union Cemetery in Columbus, OhioPosthumously, in 2003, he was awarded with the Presidential Medal of Freedom

2002

On January 8, 2002, he breathed his last at his home in Fort Lauderdale, Florida due to liver cancer

2001

Though he resumed his active role as brand promoter, in the early months of 2001, he began receiving kidney dialysis

2000

He was responsible for the daily meals of 2000 soldiers

1996

He underwent a quadruple bypass surgery in December 1996

1993

Interestingly, he resumed his studies in 1993, considering his dropping out of high school his biggest mistake and a bad example for teenagers

1990

By the 1990s, he soon became the face of the brand and a household name

1989

In 1989, he took on the hat of a television spokesman, promoting Wendy in a series of commercials

1982

In 1982, he resigned from his day to day operational duties only to resume the responsibilities three years later in 1985

1969

He inaugurated his first restaurant, Wendy in November 15, 1969

1968

Interestingly, within a matter of years, he changed the fate of the restaurants turning them into profitable ventures so much so that in 1968, he sold his shares back to Sanders for more than $1

1960

During the mid-1960s, he moved to Columbus, Ohio, to revive the future of four KFC stores that the Clauss family owned, each of which was working on deficit balance

1950

In 1950, at the outbreak of the Korean War, he volunteered himself for the US Army

1000

The single restaurant which he had opened soon multiplied itself and in less than a decade, transformed into a more than 1000-outlet franchise

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