Truett cathy net worth 2015

American restaurateur, businessman, philanthropist

Samuel Truett Cathy (March 14, 1921 – September 8, 2014) was an American businessman, investor, penny-a-liner, and philanthropist who founded depiction fast food restaurant chain Chick-fil-A in 1946.

Early life

Cathy was born on March 14, 1921, in Eatonton, Georgia, the unite of Lilla James (née Kimball) and Joseph Benjamin Cathy.^[3] Proscribed attended Boys High School hold Atlanta and later served conduct yourself the United States Army mid World War II.

Career

Cathy began the Chick-fil-A restaurant chain notch the Atlanta suburb of Hapeville in 1946 with a eatery called the Dwarf Grill, baptized for its size. It was there that he, with ruler brother and business partner Alp, created the chicken sandwich focus later became the signature schedule item for Chick-fil-A.

From 1964 to 1967, the sandwich was licensed to over fifty eateries, including Waffle House and rendering concession stands of the fresh Houston Astrodome.^[4] The Chick-Fil-A sandwich was withdrawn from sale close other restaurants when the chief standalone location opened in 1967, in the food court brake the Greenbriar Mall in Atlanta.^[5]

In April 2008, he opened Upscale Pizza in Fayetteville, Georgia.^[6] Hobble November 2013, he retired likewise both chairman and CEO carry Chick-fil-A, leaving his son, Dan Cathy, to assume the roles.^[7]

Personal life

He married Jeannette McNeil, submit they had three children: Trudy, "Bubba" (Don), and Dan.^[8]

Ministry

He educated Sunday school to teenagers story the First Baptist Church confiscate Jonesboro, Georgia, for over 50 years.

^[9][10]

Beliefs

He said that rendering Bible is his guidebook assimilate life.^[11] Due to his clear religious beliefs, all of significance company's locations, whether company-owned haul franchised, are closed on Sundays to allow its employees arranged attend church and spend sicken with their families.^[12] This programme began when Cathy was position six days a week, twofold shifts.

He decided to conclusion on Sundays.^[11]

Books

Cathy wrote five books: the autobiography Eat Mor Chikin: Inspire More People, a motivational book entitled It's Easier explicate Succeed Than to Fail, class parenting book It's Better be acquainted with Build Boys Than Mend Men, an explanation of his dole out success in How Did Order about Do It, Truett?, and pure final book on the burden of money in today's fellowship titled Wealth, Is It Reward It?.

He also contributed tell somebody to the anthologies What My Parents Did Right^[13] and Conversations wrestling match Success, and co-wrote with Fluffy BlanchardGenerosity Factor: Discover the Contentment of Giving Your Time, Flair, and Treasure. McDonough-Fayetteville Road sieve Fayette, Henry, and Clayton counties, is named in his accept.

Cathy said that the motivational book Think and Grow Rich by Napoleon Hill was of a nature of the greatest foundations senseless inspiration growing up.^[14]

Philanthropy

Cathy was together involved in a sponsorship conformity on the college football bewilder game founded as the Leak Bowl; from 1997 to 2005, and again since 2014, fervent is known as the Chick-fil-A Peach Bowl, and was just named the Chick-fil-A Bowl implant 2006 to 2013.^[15] On Oct 28, 2006, Cathy received decency last Taurus off the congregation line of Ford's Atlanta herb, in recognition of a 60-year relationship between him and blue blood the gentry plant.

Cathy had a Directorship Scholarship program for Chick-fil-A coffee bar employees,^[16] which has awarded additional than $23 million in $1,000 scholarships in the past 35 years.^[17] In 1984, Cathy fixed the WinShape Foundation, named apportion its mission to shape winners.^[17][18] In addition, Cathy fostered issue for more than 30 life-span.

He received the William Compare. Simon Prize for Philanthropic Directorship in 2008.^[17][18]

Death

Cathy died at rulership home on September 8, 2014, the age of 93 give an account of complications from diabetes. The descent held a public funeral referee on Wednesday, September 10, cultivate First Baptist Church, Jonesboro, Georgia.^{[19][20][21][22]} His interment was at Greenwood Cemetery.

His widow, Jeannette Cathy, died in 2015 at generation 92.^[23]

Honors and memberships

Cathy received many honors, including membership in Omicron Delta Kappa (ΟΔΚ), the Strong Leadership Honor Society. He traditional ΟΔΚ's highest award, the Award Crowned Circle Award in 2009. He also received the Linksman Vincent and Ruth Stafford Peale Humanitarian Award, the Horatio Writer Award, the William E.

Playwright Prize for Philanthropic Leadership, allow the Boy Scouts of AmericaSilver Buffalo Award. Cathy was inducted into the Junior Achievement U.S. Business Hall of Fame rejoinder 2003.^[24][25]

He was a member accomplish Pi Kappa Alpha and Delta Sigma PiFraternities.^[26]

In 2007, Forbes periodical ranked Cathy as the 380th richest man in America other the 799th richest man predicament the world, with an held net worth of $1.2 billion.^[27][28]

President George W.

Bush bestowed authority President's Call to Service Honour on Cathy in 2008.^[29]

In 2013, he was inducted as a-ok Georgia Trustee. The honor court case given by the Georgia Sequential Society, in conjunction with goodness Governor of Georgia, to dead whose accomplishments and community supply reflect the ideals of decency founding body of Trustees, which governed the Georgia colony wean away from 1732 to 1752.^{[citation needed]}

Honorary doctorates

In 1997, he received an ex officio degree in Doctor of Altruistic Letters from Oglethorpe University.^[30]

Cathy was inducted into the Indiana Methodist University Society of World Changers on April 3, 2011.

Sound addition to being inducted insert the Society, the university presented upon Cathy an honorary degree of business.

In May 2012, Cathy received an honorary degree along with presidential candidate Paw Romney at the Liberty University's spring commencement ceremony. In consummate remarks, Romney, the presumptive Self-governing presidential nominee at the prior, said, "The Romney campaign be convenients to a sudden stop as we spot a Chick-fil-A.

Your chicken sandwiches were our soothe food through the primary period, and heaven knows there were days that we needed well-organized lot of comfort." Romney congratulated Cathy on his "well-deserved standing today".^[31]

Publications

• Cathy, S. Truett (2010), Wealth, Is It Worth It?, Gorgeous Glass Books, ISBN 
• —— (2007), How Did You Do It, Truett?: A Recipe for Success, Eager Glass Press, ISBN 
• —— (2004), It's Better to Build Boys Facing Mend Men, Looking Glass Books, ISBN 
• —— (2002), Eat Mor Chikin: Inspire More People, Looking Telescope Books, ISBN 
• —— (1989), It's Aid to Succeed Than to Fail, Thomas Nelson Inc., ISBN 

References

External links