John Schnatter’s profile picture

John Schnatter

John Schnatter’s profile picture
Net worth 2018: $1 Billion
Residence: Louisville, Kentucky
Country: United States
BirthDay: 22 November 1961
Children: 3
Education: Bachelor of Arts / Economics, Ball State University
BIOGRAPHY

John Schnatter was bornon 22 November 1961 in Louisville, Kentucky, United States. 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.

NET WORTH STATISTIC
2017

$1 Billion

2018

$1 Billion

I wake every day thinking about Papa John's and I go to bed every night thinking about Papa John's ... I don't think you ever feel like you made it if you're really successful.

John Schnatter
TIMELINE
2018

Schnatter stepped down as CEO on January 1, 2018 and was succeeded by President and COO Steve Ritchie

2017

On December 21, 2017, CNBC and The Associated Press reported that Papa John's announced that Schnatter would be replaced as Chief Executive Officer effective January 1, 2018 by Chief Operating Office Steve Richie

2016

Schnatter contributed to Donald Trump's 2016 presidential campaign and made supportive comments about his administration in January 2017

2015

On August 15, 2015, Schnatter's original Camaro was stolen along with two other classic cars in Detroit, where they were slated to appear in the city's annual Woodward Dream Cruise

2012

Schnatter hosted a fundraiser at his home for Republican Party candidate Mitt Romney in May 2012

2009

Decades later, he offered a reward of $250,000 for finding the car, and on August 26, 2009, Schnatter bought the Camaro back for $250,000 from the family that he sold the car to in 1983

1987

Schnatter has been married to his wife, Annette, since 1987

1984

The Papa John's pizza business was founded in 1984 when "Papa" John Schnatter converted a broom closet in the back of his father's tavern

1983

In 1983, Schnatter sold his 1971 Chevrolet Camaro to help his father's struggling business

1980

In the 1980s, John Schnatter's father co-owned Mick's Lounge, a tavern in Jeffersonville

1971

Schnatter sold his 1971 Z28 Camaro to purchase $1,600 worth of used pizza equipment and began selling pizzas to the tavern's customers

1961

Schnatter was born in Jeffersonville, Indiana, on November 22, 1961 to Mary and Robert Schnatter

(4.5/106 votes)
Related Person
Marijke Mars’s profile picture
Marijke Mars
Net Worth is $6.23 Billion
Pamela Mars’s profile picture
Pamela Mars
Net Worth is $6.23 Billion
Valerie Mars’s profile picture
Valerie Mars
Net Worth is $6.23 Billion
Victoria Mars’s profile picture
Victoria Mars
Net Worth is $6.23 Billion
S. Truett Cathy’s profile picture
S. Truett Cathy
Net Worth is $6.2 Billion
Whitney MacMillan’s profile picture
Whitney MacMillan
Net Worth is $6.11 Billion