Trying to understand how william Theisen Net Worth: How Rich Is Former Owner of Godfather’s Pizza means for you? Read our breakdown and key takeaways.
- According to Clustrmaps, the entrepreneur is around 75 years old as of July 2020. He was born around 1945.
- According to the LA Times, he had 900 restaurants all over the USA.
- He was born in Chicago and spent his childhood in Clinton, Iowa. He has not revealed the identity of his wife and doesn’t share the details of his family.
- William is a multimillionaire who made a fortune from his pizza chain.
- Theisen started his own bar called “Wild Willys.” before his pizza restaurant. The bar had a lot of customers who brought in the pizza from next door. This was when he had an idea and joined the two next-door business.
- He opened the first Godfather’s Restaurant in 1973. His stake in the franchise was sold to Pillsbury in the mid-1980s for about $128 million.
- While the restaurant was a big hit when it started, the chain slowly dwindled in sales and was not profitable for its owners that came after William, in fact even Pillsbury sold the restaurant just a short while after buying it.
- As of 2020, he runs Green Burrito, a restaurant chain that specializes in fast food. The chain had sales of almost 1991 sales of $8.5 million in 1991.
- Green Burrito is also worth around $100 million as per the LA Times and has 7 million shares.
- The chain has only 11 restaurants all over the USA but is worth more than other franchises that have more than 380 restaurants. Due to his massive net worth, he also owns a 20,125 square feet (1,869.7 m2) mansion in Omaha.
