Jimmy John is an American restaurateur who is well-known for founding and serving as the former chairman of the Jimmy John’s sandwich business. Liautaud appeared on the Forbes list of the world’s richest individuals in October 2018.
Jimmy John Biography And Net Worth
|Net Worth||2 Billion Dollars|
|Name||Jimmy John Liataud|
|Date of Birth||January 12, 1964|
|Birth Place||Arlington Heights, Illinois, United States|
|Education||Eastern Illinois University, Elgin Academy, Cary-Grove High School|
Jimmy John Early Life
On January 12, 1964, Jimmy John Liautaud was born in Arlington Heights, Illinois. He is the second born of Gina and James Sr. Greg, Robby and Lara are three of his siblings. Liautaud attended the exclusive prep school Elgin Academy when he was younger. He continued to enroll at Eastern Illinois University but left after just one semester.
Jimmy John Career
True to the definition of an entrepreneur, Liautaud gave his goals wings at a time when boys his age were preoccupied with choosing what to study. His long-held ambition to launch his own business got momentum when he requested his father for funding to launch his own food business. Liautaud made the decision to open a sandwich store after doing an extensive study. Jimmy John’s Gourmet Sandwiches debuted for business on January 13, 1983. Despite the fact that his sandwiches tasted fantastic, his location did not give him the financial success he deserved. Liautaud opted to offer delivery of his sandwiches to increase sales.
He started by delivering samples to the local Eastern Illinois University dorms door to door. The restaurant began turning a profit at the end of his first year. By the conclusion of his second year, Liautaud had saved enough money to buy his father’s ownership stake in the company. This made him the sole proprietor. He was able to open his second and third stores in 1986 and 1987 as a result of the business’s sustained growth. Liautaud first met businessman Jamie Coulter in 1988. Liautaud was able to expand his firm because of Coulter’s assistance. In 1994, Liautaud sold his first Jimmy John’s restaurant. By that time he personally owned 10 restaurants.
The company operated in 200 locations by 2002. 10% of them were corporate stores that Liautaud personally controlled. Sales at the Liautaud-managed stores were outperforming those at the franchised stores. Jimmy John’s owner Liautaud has won numerous accolades in the food sector. The first sign of recognition came when Jimmy John was selected as one of Chicago’s “40 Under 40” by Crain’s Chicago Business. Additionally, John has been honored with the “Ernst & Young Food & Beverage Entrepreneur of the Year” award. Franchise Times also selected Liautaud as “Dealmaker of the Year” in 2017.
Jimmy John Wife
Jimmy Liautaud is married to Leslie Liautaud. She is a dancer, dramatist, actress and choreographer. The couple has three children.
Jimmy John Net Worth
Jimmy John has a net worth of $2 billion as of this writing. The success of his food chain is the reason of his fortune.
Jimmy John Body Features