Papa John Schnatter is a $400 million rich American pizza entrepreneur and television personality. John Schnatter is best known as the founder, former chairman and former CEO of pizza delivery company Papa Johns International Inc.

Schnatter gained national fame through his appearances in numerous national commercials, each ending with the famous phrase “Better Ingredients.” Better pizza. Papa John’s.” He retired from the company in 2018 and sold all his shares through a series of stock sales in 2019, raising approximately $500 million in cash, before taxes and before the divorce.

Who is Papa John Schnatter?

Dad John Schnatter was born November 23, 1958 in Jeffersonville, Indiana. He attended Jeffersonville High School before attending Ball State University and earning a degree in business administration. After graduating from college, John returned to Jeffersonville, where his father co-owned Mick’s Tavern. After working as a pizza delivery man while in school, John was sure that Mick’s Tavern should also get into the pizza business.

How many houses and cars does Papa John Schnatter own?

Schnatter and his wife, Annette, live in Jefferson County’s most expensive estate, an $11.2 million, 18,000-square-foot limestone palace modeled after an Italian villa on 15 acres in Anchorage.

Likewise, Schnatter also owns the world’s fastest commercial airplane, a Citation 750, which he and his family use to travel to their other homes, a $6 million estate in Naples, Florida, and condos in Deer Valley, Utah, which they purchased for $23 million.

To the dismay of some neighbors, he often travels the five miles by helicopter from his Stone Gate Road mansion to Papa John’s headquarters. (According to the City of Anchorage, there were 39 takeoffs and landings between September 1 and June 30.)

How much does Papa John Schnatter make per year?

In addition to his net worth, he earned $3 million in annual compensation before stepping down as the company’s CEO in 2017.

What are Papa John Schnatter’s investments?

Schnatter founded Evergreen Real Estate, a real estate company based in Louisville, in 1996. The company owns several historic properties in Schnatter’s hometown of Anchorage, Kentucky. In 2007, Schnatter founded Calistoga Artisan Sandwiches. In exchange for naming rights to an adjacent water park, he donated $1 million in 2008 to expand Glacier Run at the Louisville Zoo.

The Calistoga store was generally closed in 2012, while three locations in Naples, Florida, remained open at Farms. The farm intends to grow crops without using GMOs, pesticides or fertilizers.

How many advertising contracts does Papa John Schnatter have?

When he became the pizzeria’s spokesperson and manager three years ago, the former NBA star and current pitchman contributed to its success. He will receive a deal worth at least $11 million in cash and stock.

How many philanthropies did Papa John Schnatter support?

Schnatter’s nonprofit donated $8 million to the University of Kentucky’s Gatton College of Business and Economics in December 2015 to create a research and education institute. On September 4, 2019, the Schnatter Foundation donated $1 million to Simmons College, a historically black college in Kentucky.

At a press conference, Simmons College President Kevin Cosby said Schnatter’s actions should speak louder than his words: “The black community has heard far too many bad words, but today this act – his generosity speaks specifically for the education and uplift of the black population. community.” Blacks. ” stronger.

Additionally, in October 2019, the foundation donated $500,000 to Jeffersonville High School for the reconstruction of its baseball field, where he had been a member of the team during his high school years. The ballpark was renamed John H. Schnatter Stadium.

How many businesses does Papa John Schnatter own?

In 1984, Schnatter opened Papa John’s Pizza in a broom closet in the back of his father’s bar. Schnatter sold his 1971 Camaro Z28 to buy used pizza equipment for $1,600 and began selling pizza to bar customers.

His pizzas were so popular that he moved to an adjacent neighborhood a year later. In 1993, the company went public. A year later there were 500 stores and by 1997 there were already 1,500. Schnatter bought the Camaro in 2009 after putting a $250,000 premium on it. In the late 1990s, Schnatter moved his business to Louisville, Kentucky.