Ray Kroc was an American businessman and entrepreneur who had a net worth of $600 million at the time of his death in 1984. That’s the same as $1.4 billion today after adjusting for inflation.
Key facts:
Ray Kroc is best known for popularizing the McDonald's brand and helping it become a worldwide phenomenon.
Under Ray's leadership, McDonald's grew from a small enterprise into the most profitable fast-food corporation on the planet.
Ray played a crucial role in revolutionizing the fast-food industry by implementing strict standards for cleanliness and menu consistency across all McDonald's locations.
After retiring from McDonald's, Ray Kroc became the owner of the San Diego Padres baseball team.
Ray Kroc and his wife Joan owned an impressive 554-acre property in the Santa Ynez Valley, which featured a unique circular home known as 'the hamburger'.
