Jimmy John Liautaud Net Worth
Jimmy John Liautaud net worth: Jimmy John Liautaud is an American restauranteur who has a net worth of $200 million dollars. Jimmy John Liautaud was born in Arlington Heights, Illinois. After barely graduating from high school, his father gave him an ultimatum, start a business or go into the military. His father was a successful businessman and owner of the Capsonic Group, a molded plastics manufacturing business that supplied Ford and GM, among other large companies. He gave Jimmy John Liautaud $25,000 to launch his own company. He started out with a hot dog business, but shifted his focus to sandwiches, and opened his first shop in 1983. His first regular customers were students from nearby Eastern Illinois University. Within 2 years, he was able to buy out his father's 48% of the company. From there, the business grew by leaps and bounds. His restaurant sandwich chain is now known as Jimmy John's Gourmet Sandwiches. There are currently 1900 locations in 43 states, 98% of which are franchise-owned.