What is Todd Graves's net worth and salary?
Todd Graves is an American entrepreneur, restaurateur, and philanthropist who has a net worth of $22 billion. Todd Graves earned his fortune as the founder of Raising Cane's Chicken Fingers. He built one of the most successful fast-casual restaurant chains in the United States by adhering to an unusually simple concept built around a single menu item. Graves's vision, persistence, and marketing instincts transformed a small Baton Rouge chicken finger shop into a national brand with hundreds of locations and a fiercely loyal customer base. His story has long resonated with audiences because of its underdog beginnings, including a business plan that was rejected repeatedly by banks and professors who believed a restaurant serving only chicken fingers would never work. Graves proved them wrong by creating a culture, brand identity, and customer experience that turned Raising Cane's into a restaurant industry phenomenon. Along the way, he expanded his public profile through philanthropy, television appearances, and partnerships that highlight both his personality and his company's culture.
Early Life
Todd Graves was born on February 20, 1972, in Louisiana. He grew up in Baton Rouge, where he developed an early work ethic by taking various jobs as a teenager. Graves later attended Louisiana State University, where he began thinking seriously about business and entrepreneurship. It was during his college years that he first conceived the idea for a restaurant dedicated exclusively to chicken fingers. The concept received little support from advisers or traditional lenders, which only motivated Graves to find creative ways to fund his vision. He worked physically demanding jobs, including shifts in oil refineries and on Alaskan fishing boats, in order to save enough money to launch his first restaurant.
Early Career and Founding of Raising Cane's
Graves partnered with longtime friend Craig Silvey to develop the Raising Cane's concept after college. Once the financing hurdles were overcome, they opened the first restaurant near LSU's campus in 1996. Graves named the restaurant after his yellow Labrador retriever, Cane, and the dog became the unofficial mascot for the brand. From the beginning, Raising Cane's stood out because of its minimalist approach. The menu consisted only of chicken fingers, fries, coleslaw, toast, and drinks, which allowed the company to focus entirely on quality, consistency, and speed.
The restaurant quickly became popular among students and local residents. Graves ran the business with a hands-on management style, working the counter, cooking, and training staff. His focus on building a positive team culture became central to the company's identity. As the first store became profitable, demand for additional locations grew, and Graves began expanding throughout Louisiana and into neighboring states.
National Expansion and Brand Growth
Throughout the 2000s and 2010s, Raising Cane's became one of the fastest-growing restaurant brands in the country. Graves and his team emphasized a playful brand personality, distinctive store designs, and strong local marketing. The company avoided franchising for many years and focused instead on controlled expansion to preserve quality standards. Graves was closely involved in every opening, a practice that reinforced his reputation as a founder who remained deeply connected to his stores and employees.
Raising Cane's also became known for community engagement. Graves regularly partnered with local schools, nonprofits, and youth organizations when opening new locations, which helped integrate the chain into each market. The company's culture and customer enthusiasm made Raising Cane's a standout even within the crowded fast-food landscape.
Ciara Miller, Todd Graves, and Livvy Dunne (Photo by Kevin Mazur/Getty Images for Raising Cane's)
Media Presence and Public Profile
As Raising Cane's expanded, Graves developed a media presence that helped elevate both his personal brand and his company's visibility. He starred in the Discovery Channel series "Undercover Boss," which showcased his leadership style and his connection to frontline employees. He later appeared in "Restaurant Recovery," a series highlighting independent restaurants facing challenges, further demonstrating his interest in revitalizing local food communities.
Graves has also engaged in various entertainment and sports partnerships. Raising Cane's frequently collaborates with musicians, athletes, and major events, reinforcing the brand's youthful and energetic image. Graves's personality often plays a central role in marketing efforts, and he has become one of the most recognizable figures in the fast-casual restaurant world.
Philanthropy and Community Work
Philanthropy has always been a cornerstone of Graves's approach to business. He has donated millions to educational programs, health organizations, and local charities across the United States. Raising Cane's participates in numerous fundraisers, sponsorships, and community projects, and Graves often emphasizes that giving back is not simply a corporate responsibility but a defining part of the company identity.
He has also contributed to statewide and national disaster relief efforts. During crises such as hurricanes and floods, Graves mobilized his company to provide both financial support and on-the-ground assistance. His willingness to step into community challenges helped solidify Raising Cane's reputation as a socially responsible brand.
Business Philosophy and Leadership
Graves attributes much of Raising Cane's success to its simplicity. By focusing on a single core product and executing it at a high level, the company avoided many of the operational challenges that come with complex menus. Graves also built a culture centered on employee appreciation, upbeat branding, and customer enthusiasm. Employees are encouraged to take pride in their work, and the company's internal culture has been recognized with various workplace awards.
Graves is often cited as an example of persistence in entrepreneurship. The early rejections of his business plan are now a central part of the company lore, reinforcing the message that unconventional ideas can succeed when supported by discipline, creativity, and resilience.
Personal Life
Todd Graves is married to his wife, Gwen, and they have two children together. The family maintains strong ties to Louisiana, even as Raising Cane's has expanded nationwide. Graves often credits his family for providing balance and grounding throughout his entrepreneurial journey.
Real Estate
Todd Graves has amassed an impressive portfolio of luxury residences across the United States, maintaining his longtime primary home in Baton Rouge, Louisiana, which notably features an elaborate $400,000 treehouse. Expanding his footprint in major cities, he made a record-breaking move in July 2024 by purchasing a $15 million penthouse at the Four Seasons Hotel & Residences in Nashville, Tennessee, setting a new price-per-square-foot record for Middle Tennessee. He further invested in high-end city living with the reported purchase of a $10–$12 million penthouse atop a new ultra-luxury development along Knox Street in Dallas, Texas. His most recent known major residential acquisition was in August 2025, when he paid $23 million in cash for an ultra-contemporary mansion in the exclusive "Bird Streets" neighborhood of the Hollywood Hills, a property once famously featured on the TV show "Entourage."
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