Rау Кrос Net Worth 2020, Biography, and Career Updates.

Rау Кrос Net Worth 2020, Biography, and Career Updates.

Rау Кrос Net Worth 2020: Rау Кrос Net Worth estimated Net Worth, Early Life, Achievement, Salary, Income, Cars, Lifestyles & many more details have been provided on this page. Take your time and discover everything about Rау Кrос Net.

 Ray Kroc was an American entrepreneur best known for expanding McDonald’s from a local chain to the world’s most profitable restaurant franchise operation.

Raymond Albert “Ray” Kroc (October 5, 1902 – January 14, 1984) was an American fast-food tycoon.[4][5] He joined the California company McDonald’s in 1954 after the McDonald brothers had franchised 6 locations out from their original 1940 operation in San Bernardino. This set the stage for national expansion with the help of Kroc, eventually leading to a global franchise, making it the most successful fast-food corporation in the world. Kroc was included in Time 100: The Most Important People of the Century and amassed a multi-million dollar fortune during his lifetime. He owned the San Diego Padres baseball team from 1974 until his death in 1984.

Early Life

Kroc was born on October 5, 1902, in Oak Park, Illinois, near Chicago, to parents of Czech origin, Rose Mary (née Hrach) and Alois “Louis” Kroc (1879–1937).[6]

His father was from the village of Břasy (German: Bschas) near Plzeň (German: Pilsen), Bohemia (both cities were once part of the Holy Roman Empire; later they belonged until 1918 to the Austro-Hungarian Empire), which is now the Czech Republic. Kroc’s father had made a fortune speculating on land during the 1920s, only to lose everything with the stock market crash in 1929.[7] At last, he was occupied as a superintendent.

Ray Kroc grew up and spent most of his life in Oak Park. During World War I, he lied about his age and became a Red Cross ambulance driver at the age of 15 years old, unknowingly alongside Walt Disney.[8] The war, however, ended shortly after he enlisted.

During the Great Depression, Kroc worked a variety of jobs selling paper cups, as a real estate agent in Florida, and sometimes playing the piano in bands.[9] 

Biography

Born
Raymond Albert Kroc

October 5, 1902

Oak Park, Illinois, U.S.
DiedJanuary 14, 1984 (aged 81)

San Diego, California, U.S.
Resting placeEl Camino Memorial Park
San Diego, California, United States
NationalityAmerican, Czech American
OccupationBusinessman; franchisor
Years active1954–1984
Known forPurchasing, popularizing and “founding” McDonald’s
Net worth$600 million (1984)
Political partyRepublican
Spouse(s)
Ethel Fleming
(m. 1922; div. 1961)
Jane Dobbins Green
(m. 1963; div. 1968)
Joan Kroc (m. 1969)
ChildrenMarilyn Kroc Barg (1924–1973)

Personal life and death

  • In 1922, Ray Kroc married his high school sweetheart Ethel Fleming. They had a daughter named Marilyn Kroc. The couple divorced in 1961.

  • In 1963, he married Jane Dobbins Green, a secretary. The marriage ended in divorce in 1968.

  • In 1969, he married Joan Beverly Smith nee Mansfield. They first met in 1957, while he was married to Ethel and her to Rawland F. Smith, a Navy veteran, and a McDonald’s franchisee. They carried on a secret relationship for years before they could divorce their respective spouses and get married.

  • Kroc suffered from diabetes and arthritis. He was also an alcoholic. In 1980, after suffering a stroke, he was admitted to a rehabilitation center for his alcoholism.

  • He died of heart failure on January 14, 1984, at the age of 81 and was buried at the El Camino Memorial Park in Sorrento Valley, San Diego. He has survived his third wife Joan.

Rау Кrос’s career and Net worth

Net worth: $600 million (1984)

After the war, Kroc explored a number of career options, working as a pianist, musical director, and real estate salesman. Eventually, he found stability as a salesman for the Lily-Tulip Cup Company, rising to the rank of Midwestern sales manager. Kroc’s business dealings connected him with ice cream shop owner Earl Prince, who invented the machine capable of generating five milkshake batches at the same time. By the 1940s, Kroc had left Lily-Tulip to focus on selling these “multi-mixers” to soda fountains around the country.

Rау Кrос’s Achievement

Ву thе tіmе оf hіѕ dеаth, Кrос wаѕ еѕtіmаtеd tо bе wоrth $600 Міllіоn. Ніѕ wеаlth саmе frоm hіѕ саrееr wіth thе МсDоnаld’ѕ. Не ехраndеd thе сhаіn оf rеѕtаurаntѕ tо mаkе thе fоrtunе. Тhе bооk ‘Grіndіng іt Оut’ whісh hе со-аuthоrеd аlѕо mаdе hіm а lаrgе оf mоnеу fоr іtѕ ѕаlе.

Rау Кrос іѕ wіth nо dоubt оnе оf thе mоѕt рорulаr еntrерrеnеurѕ іn thе whоlе wоrld. Ніѕ ѕuссеѕѕ іѕ еvіdеnt іn thе МсDоnаld’ѕ whісh tоdау іѕ а glоbаl brаnd wіth thоuѕаndѕ аnd thоuѕаndѕ оf ѕtоrеѕ аll оvеr. Оwіng tо hіѕ рорulаrіtу, Кrос wаѕ mаdе а сhаrасtеr іn а fіlm. Іt wаѕ саllеd ‘Тhе Fоundеr’ аnd wаѕ rеlеаѕеd іn 2016.

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