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- When Ray Kroc sold his shares in McDonald’s, he made a substantial amount of money. In 1984, Kroc sold his remaining shares in the company for $3 million.
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Raymond Albert Kroc (October 5, 1902 – January 14, 1984) was an American businessman. He purchased the fast food company McDonald's in 1961 from the McDonald brothers and was its CEO from 1967 to 1973. Kroc is credited with the global expansion of McDonald's, turning it into the most successful fast food corporation in the world by revenue. [4][5]
Jun 2, 2021 · How much did Ray Kroc, the founder of the modern McDonald's, pay to acquire this dynasty of trans fats? And, more importantly, could he have invested some of that money in an ice cream machine that works more than ten minutes out of every week?
- Tom Meisfjord
Apr 15, 2015 · By the time of Kroc’s death in 1984, his family fortune was worth at least $500 million, per the New York Times. Before taking the step that would ultimately lead him to the helm of the...
Jul 6, 2023 · How much money did Ray Kroc make when he sold his shares at McDonald’s? When Ray Kroc sold his shares in McDonald’s, he made a substantial amount of money. In 1984, Kroc sold his remaining shares in the company for $3 million. That was a small fraction of the company’s overall worth at the time.
By the time Kroc died, three decades later, McDonald's had thousands of restaurants bringing in billions of dollars. Which goes to show that successful entrepreneurs are not all the same.
Feb 5, 2020 · By successfully selling franchises, Ray Kroc turned a tiny hamburger restaurant into a global giant.
Apr 9, 2021 · Kroc is reported to have become so disillusioned with the brothers that he bought out the franchise for $2.7 million in 1961, but apparently this did not include the original burger stand in San Bernardino.
