Celebrity Biographies
Dan Cathy Biography and Net Worth
Daniel Truett Cathy is a businessman from the United States. He is the CEO of Chick-fil-A, the fast-food corporation founded and grown by his father, S. Truett Cathy.
Who is Dan Cathy?
Daniel Truett Cathy is a businessman from the United States. He is the CEO of Chick-fil-A, the fast-food corporation founded and grown by his father, S. Truett Cathy. He is valued at $9.7 billion as of September 2023 According to Forbes.
Bio Data
Name | Dan Cathy |
Gender | Male |
Date of Birth | Mar 1, 1953 |
Age | 70 years old |
Place of Birth | Jonesboro |
Profession | Businessperson |
Nationality | United States of America |
Net worth | $9.7 Billion |
Biography
Daniel Truett Cathy was born in 1953 in Jonesboro, Georgia, to Jeanette and S. Truett Cathy. He was the first of three children, with a younger brother named Bubba Cathy and a sister named Trudy.
Daniel began producing radio advertisements for his father’s original Dwarf House restaurant in Hapeville, Georgia, while still in high school in the late 1960s. During this period, his father was busy expanding the restaurant business, adding more outlets throughout Atlanta and Georgia, and eventually creating the Chick-fil-A franchise brand.
Cathy earned a bachelor’s degree in business administration from Georgia Southern University in 1975 after finishing his studies. Following graduation, he went to work full-time for his father’s company, which was already well-established.
Career
Dan Cathy earned a business administration degree from Georgia Southern University in 1975. The director of operations position at Chick-fil-A was then his first full-time job. He received a promotion to chairman and CEO in 2013.
By the end of 2021, Dan resigned as CEO but remained Chairman of the Board. With over 2,900 locations as of right now, Chick-fil-A maintains a Sunday closing schedule. Second and third-generation family members, Dan and Don “Bubba” Cathy, are in charge of the company. There is a $11 billion fortune in the Cathy family.
In December 2015, Chick-fil-A deviated from its Sunday policy to address an issue at Hartsfield-Jackson Atlanta International Airport. Because of a power outage, thousands were left stranded. Kasim Reed, the mayor of Atlanta, asked Chick-fil-A for assistance, and 5,000 lunches were also sent to the emergency operations center. This deed demonstrates Chick-fil-A’s dedication to aiding underserved communities.
Net Worth
Cathy has an estimated net worth of $9.7 Billion, He serves as the chairman of the fast-food company Chick-fil-A, which was founded and developed by his father, and the ownership was first split equally between Dan, his brother Bubba, and their father, but after their father passed away he and his brother shared the ownership equally.
With more than 2,900 locations, Atlanta-based Chick-fil-A generates more than $6 billion in revenue annually.
Marital Status
Dan Cathy has two kids and is married. He currently makes his home in Atlanta, Georgia, with his family.
FAQs
Q: Who is Daniel Truett Cathy?
A: Daniel Truett Cathy is an American businessman known for leading the fast-food chain Chick-fil-A. He was born in 1953 in Jonesboro, Georgia.
Q: When did S. Truett Cathy pass away?
A: Truett Cathy passed away on September 8, 2014.
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