Samuel Truett Cathy Net Worth is$1.2 Billion
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Profession: Businessperson, Philanthropist
Date of Birth: Mar 14, 1921
Country: United States of America
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! 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.
Samuel Truett Cathy (born March 14, 1921) is the founder of Chick-fil-A, a quick service restaurant chain based in suburban Atlanta, Georgia, USA.
Cathy was born in Eatonton, Georgia in 1921. He attended Boys High School in Atlanta, Georgia. He served in the U.S. Army during World War II. Cathy began the chain in the Atlanta suburb of Hapeville, Georgia in 1946 with a restaurant called the Dwarf Grill, named for its small size. It was there that he, along with his brother and partner, Ben, created the sandwich that later became the signature menu item for Chick-fil-A. The original restaurant, since renamed Dwarf House, is still in operation, and the company operates other Dwarf House locations in the metro Atlanta area.
Cathy is a member of the First Baptist Church in Jonesboro, Georgia, and also has taught Sunday School there for over 50 years. He has testified that the Bible is his guide-book for life. As an extension of his convictions, all of the company's locations, whether company-owned or franchised, are closed on Sundays - a rare policy within the food-service industry - to allow its employees to attend church and spend time with their families. This is a policy that began when Cathy was working 6 days a week, multiple shifts. He decided to close on Sundays to relax and recharge, as well as honor God. The policy remains intact today as the restaurants are closed on Sunday.
He is also a philanthropist, having given to numerous charitable causes, many with evangelical ties. Cathy is also closely involved with the sponsorship of the college football bowl game now known as the Chick-fil-A Bowl, but from 1997-2005 known as the Chick-fil-A Peach Bowl, and prior to that simply the Peach Bowl. On October 28, 2006 he received the last vehicle off the assembly line of Ford's Atlanta plant which symbolizes a 60-year relationship between Cathy and the Ford plant. The plant had opened its doors one year after Cathy opened the Dwarf Grill and Truett regularly ser

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Samuel Truett Cathy Latest News

11 Filling Facts You Might Not Know About Chick-fil-A

1. CHICK-FIL-A INVENTED THE CHICKEN SANDWICH. In 1946, Samuel Truett Cathy and his brother Ben opened a small restaurant called the Dwarf Grill in Hapeville, Georgia, roughly 80 miles from where they were born in Eatonton. According to the company [PDF ...
Posted: June 24, 2016, 9:08 am

Chick-fil-A money machine: Cathy brothers are billionaires

Don "Bubba" Cathy and Dan Cathy -- he of anti-gay-marriage fame -- each own a third. According to PrivCo, that means the Cathys, sons of Chick-fil-A founder Samuel Truett Cathy, are worth $1.5 billion apiece. That's leaving out the $47.5 million in revenue ...
Posted: July 30, 2012, 5:00 pm

Chick-Fil-A Founder S. Truett Cathy Dies At 93

Fifty years after he created the sandwich that launched America's top chicken restaurant chain, Georgia businessman Samuel Truett Cathy died early Monday. Cathy's Chick-fil-A has now grown to $5 billion in annual sales, and its stores still close on ...
Posted: September 8, 2014, 6:07 pm
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