Daniel Truett Cathy Net WorthReal Name: Daniel Truett Cathy
Date of Birth: 03/01/1953
Place of Birth: Jonesboro, Georgia
2017 Net Worth: $3.6 Billion
Profession: Chairman, President and CEO of Chick-fil-A
Dan, Dan Cathy Biography
Daniel “Dan” Cathy was born in March of 1953 in Jonesboro, Georgia. His father, Truett, first began the family business by selling chicken sandwiches to airport and Ford factory workers. The first Chick-fil-A restaurant was opened in Atlanta, Georgia, in 1967. Cathy, and his younger brother Bubba, began working for their father’s business right out of high school. Cathy was doing radio commercials for his father’s original restaurant, Dwarf House, while he was still a boy in elementary school. He attended Georgia Southern University, where he earned a bachelor’s degree in Business Administration in 1975.
Cathy first worked for the family business as the director of operations and was eventually promoted to CEO. He spends a great deal of his time travelling around the US, personally visiting the more than 1800 restaurant locations the family now owns. He has honorary degrees from several universities including Anderson College, Carver Bible College, Pepperdine University, and West Georgia College. The Chick-fil-A business is worth about $5.5 billion, even though all of the locations are closed on Sunday, a day that is usually one of the most profitable. Cathy is very Christian and closes all locations so that employees can go to church. Cathy is very active in his local church and teaches Sunday school. Cathy has stated that the family has absolutely no intention of going public with the business.
Cathy has angered gay rights groups by stating that they oppose gay marriage. Gay rights groups have tried to organize boycotts of the business with limited success. Cathy lives in a luxurious estate in Atlanta, Georgia, and loves flying in his spare time. He has a pilot’s license and is also known for racing motorcycles. Cathy has a current net worth of $3.6 billion, which, despite boycotts, is up from $3.2 billion last year.