Samuel Truett Cathy Networth 2011

Saturday, September 24, 2011

Samuel Truett Cathy

Networth $1.2 Billion

Samuel Truett Cathy is the sole founder of Atlanta-based restaurant Chick-fil-A with an estimated net worth of a whopping $1.2 Billion. After serving in World War II, Cathy began generating his net worth by opening his first chain of restaurants called Dwarf Gill (now known as Dwarf House) in 1946.
In 1967, twenty-one years after launching Dwarf House, Cathy launched his second fast-food restaurant, Chick-fil-A in his hometown Atlanta. Today the restaurant, which is known for its chicken entrees, is worth approximately $3.5 billion.
At the age of 90, Cathy shows no signs of slowing down as he established another fast-food restaurant called Upscale Pizza in 2008. With only one location in Fayetteville, Georgia, Cathy have no plans to turn Upscale Pizza into a chain.
As a deeply religious man, Cathy extends his belief to his business: to this day, all of his restaurants are close on Sundays –that’s a pretty rare sight in today’s food industry. The fast-food restaurant mogul has no intention of changing that rule anytime soon, as it gives him the opportunity to catch up with God – and to recharge his batteries!S_Truett_Cathy_Net-Worth
Whilst juggling a chain of restaurants, Cathy has turned his hand to writing, producing four successful books. His literature includes the autobiography, Eat Mor Chikin, motivation book, It’s Easier to Succeed Than to Fail. The father of three also composed a parenting book; It’s Easier to Build Boys Than to Mend Men.
Cathy also devotes his time to the needs of children from underprivileged background. Het set up the WinShape foundation in 1984. To date, it was estimated that Cathy’s foundation contributed $18 million to foster homes and summer camps. The WinShape Foundation also made generous donations towards college sponsorships and marriage counselling programs.
Cathy, who has fostered four children, also set up WinShape Homes in 1987. Today, WinShape Homes, a long-care foster home program, has 14 foster homes across Alabama, Georgia, and Tennessee. The World War II Veteran has taken on nearly 200 children through the foster care program.
Cathy’s undivided kindness does not end with generous donations: it is known that he welcomes homeless children into his home and has frequently taught in Sunday schools.

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