Fred DeLuca - Fortune - Billionaire list

Fred DeLuca
Fred De Luca is founder of the Subway sandwich shops. In 2005 there are 24049 Restaurants in 83 Countries.

In the summer of 1965 Fred De Luca started his first sandwich shop 17 years old with $1000 he had borrowed from nuclear physicist Peter Buck. The sandwich business was originally a way to get money to go to college. The shop struggled through its first year. Fred then decided to dream of becoming a physician and set himself the goal of opening 5000 Subways by 1994. In 1993 he passed his goal of 5000 shops, and he was opening nearly 100 stores a month.

He is married and has 1 child. Education: Bachelor.

$1.5 billion as of 2005.