Pierre Cancro is an American businessman and CEO of the American submarine sandwich chain Jersey Mike’s Subs. According to Celebrity Net Worth, his net worth is estimated at $600 million.
Who is Peter Cancro?
Peter Cancro was born on May 15, 1957, in New Jersey, United States. He has a younger brother John. Other than that, nothing more is known about his younger children, parents, and other information.
He attended Point Pleasure Hugh School in New Jersey. While in high school, he made the bold decision to buy Jersey Mile Subs after realizing that the then-owners were considering selling, and has since overseen 1,500 locations across the United States.
Peter was encouraged by his mother and football coach to buy the business, which he raised money for, and began his entrepreneurial journey at the age of 14.
After high school, he married his girlfriend Linda, with whom he has two children. It is unclear what happened between the couple since Peter is currently married to another woman named Tatiana Cancro.
How many houses and cars does Peter Cancro own?
Peter Cancro owns a condo in New Jersey that he bought for $15.681 million. He has also purchased several cars for his transportation.
How Much Does Peter Cancro Make Per Year?
No online source has been able to determine how much he earns per year. With an estimated net worth of $600 million, he certainly earns several million per year.
How many companies does Peter Cancro own?
Peter Cancro is co-founder of Jersey Mike’s Subs, an American submarine sandwich chain with more than 1,500 locations across the United States.
What are Peter Cancro’s brands?
As rich as he is, he can certainly afford anything money can buy. Although it’s unclear which brands he owns, we believe he owns several.
How many investments does Peter Cancro have?
The American businessman has invested significantly in real estate. He purchased a condo on East 68th Street in New York for a reported $15.681 million. However, its main investments are in its franchisees.
How many sponsorship deals has Peter Cancro done?
It’s unclear how many endorsement deals he currently has, but these deals have increased his total net worth by a few million.
How many charities has Peter Cancro donated to?
Peter Cancro’s Month of Giving initiative has resulted in multiple donations to numerous charities across the United States. In 2023, the initiative has raised more than $88 million and hundreds of charities have benefited from this program.
How many philanthropies has Peter Cancro supported?
The multimillionaire has done a lot to give something back to society. He has supported several foundations and non-profit organizations for over a decade. In 2011, he launched Month of Giving, and to date the organization has raised more than $88 million for numerous charities.
Since the initiative’s launch, 2023 marked the 13th annual Month of Giving and recorded the highest amount ever raised for charity, $21 million. The amount was distributed to more than 200 non-profit organizations such as food banks and hospitals.
Additionally, Cancro’s 125 U.S. stores raised $1.26 million to support the Valerie Fund, a Maplewood-based nonprofit. This organization supports comprehensive health care for children with cancer and blood disorders.