How Jack Cowin turned a $100,000 KFC purchase in 1969 into a $3 billion fast food empire
Jack Cowin, now 82, built a fast food empire worth over $3 billion starting with a single KFC store he bought in Australia in 1969 for $100,000. He is the founder and chairman of Competitive Foods Australia, which operates Burger King as "Hungry Jack's" in Australia, is the largest shareholder of Domino's Pizza in Australia, and backs plant-based meat company v2food. The article traces his journey from childhood jobs shoveling snow and delivering newspapers to becoming a billionaire through his "biggest break" — that first KFC purchase.
Key quotes
He bought a KFC store in Australia for $100,000 in 1969. Today, his fast food company is worth over $3 billion
As a kid, Jack Cowin shoveled snow, delivered newspapers and sold Christmas cards for cash. By the time he reached his 20s, it was burgers instead of cards.
The 82-year-old is a billionaire, thanks to his fast food empire.
From the article
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