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- At the time of Ray Kroc’s death in 1984 his net worth was approximately $600 million. Which is a lot of money even by today’s standards. That said, if we adjusted for inflation all the way up to 2024, Ray Kroc’s net worth today would be closer to $1.8 billion. So, Ray Kroc was technically a billionaire.
thestrive.co/ray-kroc-net-worth/Ray Kroc Net Worth (2024) | How He Built His Fast Food Empire
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Jan 26, 2017 · And though Kroc could be both self-aware and self-lacerating, it’s easy to imagine that the two thrice-married billionaires would certainly share affinities, including political philosophies.
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.
May 3, 2024 · So, Ray Kroc was technically a billionaire. And there’s little doubt that if he were alive today (assuming his fortune wasn’t given away to charity), he would be a multibillionaire. How Much Did Ray Kroc Make Per Year?
- What Is Ray Kroc's Net Worth?
- Early Life
- Ray's Role with McDonald's
- Post-Retirement
- Relationships
- Real Estate
Ray Kroc was an American businessman and entrepreneur who had a net worth of $600 million at the time of his death in 1984. That's the same as $1.4 billion today after adjusting for inflation. Ray Kroc passed away on January 14, 1984 at 81 years old from heart failure. He is widow Joan Kroc was worth $3 billion when she died in 2003. She gave nearl...
Raymond Albert Kroc was born on October 5th of 1902 in Oak Park, Illinois. Raised in the suburbs of Chicago by Czech-American parents, Ray witnessed his family go through tremendous financial hardships during his early adult life. His father, Alois "Louis" Kroc raked in a tremendous amount of money speculating on land in the 20s, but he lost everyt...
After World War II, Kroc found himself selling milkshake mixers. This eventually brought him into contact with Richard and Maurice McDonald, two brothers who had started the original McDonald's. Ray Kroc was hired as a franchise agent, and he began opening his own McDonald's locations throughout the nation. Ray eventually bought out the brothers in...
Kroc eventually stepped down from his leadership role at McDonald's in 1974, spending the rest of his days running the San Diego Padres. He eventually allowed his son-in-law to run the baseball team.
Ray first married Ethel Fleming, and their marriage lasted from 1922 until 1961. He then married Jane Dobbins Green in 1963, although this marriage also ended in divorce by 1968. He remained married to his third spouse, Joan Kroc, until his death. Over the course of her life, Joan donated a considerable amount of the Kroc estate to various charitie...
In 2020, it was reported that a 554-acre property once owned by Ray Croc had been listed for $29 million. Situated in the Santa Ynez Valley, the property features a circular home known locally as "the hamburger." Kroc and his wife Jane originally purchased the property back in 1965 for $600,000. This was immediately after McDonald's first hit the s...
- Celebrity Net Worth
Jul 6, 2023 · What was Ray Kroc’s net worth? Ray Kroc had an estimated net worth of $600 million at the time of his death in 1984. Who was Ray Kroc? Ray Kroc was an American businessman best known for being the founder of the McDonald’s Corporation. He was born on October 5, 1902, in Oak Park, Illinois. Ray began his career as a salesman for a paper cup ...
Oct 1, 2024 · Ray Kroc (born October 5, 1902, Chicago, Illinois, U.S.—died January 14, 1984, San Diego, California) was an American restaurateur and a pioneer of the fast-food industry with his worldwide McDonald’s enterprise.
Jan 20, 2017 · When the company went public in 1965, he became a multimillionaire and ultimately a billionaire. Yet he still had the same entrepreneurial drive to extend the McDonald’s brand as far as it...
