Fred DeLuca’s profile picture

Fred DeLuca

President and Co-Founder, Doctor's Associates (Subway)President and Co-Founder, Doctor's Associates (Subway)
Fred DeLuca’s profile picture
Net worth 2018: $2.5 Billion
Country: United States
BirthDay: 3 October 1947
Sigh: Scorpio
Died On: 14/09/2015
Children: 1
Education: Bachelor of Arts / Science, University of Bridgeport
BIOGRAPHY

Fred DeLuca was bornon 3 October 1947 in United States, is President and Co-Founder, Doctor's Associates (Subway)President and Co-Founder, Doctor's Associates (Subway). Fred DeLuca co-founded Subway in 1965 with $1,000 from family friend Peter Buck, who still owns half the firm. Grateful for Buck's support, he named his restaurant Pete's Super Submarine and the proceeds from those sandwiches helped him pay for college. The first store failed, but DeLuca gamely started another one, and within a decade, he had made it work, opening 32 stores with a switch to a franchise model. He was diagnosed with leukemia in 2013 and turned over the daily running of the company to his sister, Suzanne Greco.

NET WORTH STATISTIC
2010

$1.8 Billion

2011

$2.2 Billion

2012

$2.5 Billion

2013

$2.8 Billion

2014

$2.6 Billion

2015

$2.5 Billion

2018

$2.5 Billion

TIMELINE
2015

He died on September 14, 2015, at Lauderdale Lakes, Florida

2013

On July 15, 2013, DeLuca announced that he was being treated for leukemia

2007

In 2007, Forbes magazine named DeLuca number 242 of the 400 richest Americans with a net worth of $1

2002

At the graduation commencement in 2002, DeLuca received an honorary Doctor of Humane Letters (L

1993

Explosive growth continued with Subway opening 1,100 units in 1993 alone

1978

In 1978, Subway’s 100th store opened, and reached the 1,000 store mark in 1987

1968

" Eventually in 1968, it was shortened to "Subway" as it is known today

1965

The first shop opened on August 28, 1965 at a mediocre location in the city of Bridgeport, Connecticut

1947

Fred DeLuca was born in Brooklyn, New York, on October 3, 1947 to Italian American parents Carmela and Salvatore DeLuca

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