- Frank Carney was an American entrepreneur, founder of Pizza Hut, along with his brother, Dan Carney
| Born: | 26 April 1938 Comment | | When did Frank Carney die? / Died | 02 December 2020 | | How many years did Frank Carney live? / Lived | 82 years | | Where was Frank Carney born? | Wichita, Kansas, US | | Zodiac sign: | Taurus |
Frank Carney Net worth 2024 (estimated)
| | How much is Frank Carney worth? | Under review
| | Nationality: | American |
Who was Frank Carney? / Facts
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Although Frank Carney dropped out of Wichita State University, where he studied engineering, he later returned to the university to receive a degree in general studies and mathematics
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Business debut - In 1958, the brothers borrowed $600 from their mother and opened a pizza restaurant catering to students after a local real estate agent with an unrented building convinced them that pizza would be a promising business
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Although they knew little about pizza-making or business, they learned quickly and the business started to grow
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Their first franchise opened in Topeka, Kansas in 1959
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The Pizza Hut in Aggieville, Kansas was the first to have delivery, an innovation
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By 1977, Pizza Hut had grown to 4,000 outlets and the brothers decided to sell the business to PepsiCo for over $300 million USD. Frank remained the president and a board member of Pizza Hut until 1980
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Frank became a franchisee of Papa John's Pizza in 1994
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By 2001, he owned 133 locations. Based in Houston, his company runs stores in Kansas, Arizona, Missouri, California, Texas, and Hawaii, including several in his hometown of Wichita and the suburbs of Derby and Andover, under the franchise name PJ Wichita LLC., before selling the franchise to then Franchise President Terry Newman
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During legal struggles with Pizza Hut in the late 1990s, Papa John's ran commercial advertisements highlighting the fact, including a dramatization showing Frank coming to a Pizza Hut stockholders' meeting wearing a Papa John's apron, saying, "Sorry, guys. I found a better pizza."
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Frank sat on the board of Intrust Financial Corp., Intrust Bank, N.A.
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He was the past president of the International Franchise Association (IFA) and the Wichita Area Chamber of Commerce
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Industry honors include the 1975 Silver Plate Award from the International Foodservice Manufacturers Association, and the 1974 Man Of The Year in the Multi-Unit Foodservice Organization
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He was a 1991 inductee into the IFA Hall of Fame
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Frank was diagnosed with Alzheimer's disease in 2009
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On December 2, 2020, he died at the age of 82 from pneumonia
Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
Wiki & wealth sources: Wikipedia, TMDb, social media accounts, users content, wealth specialized websites
Last update: 15 February 2021
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