Elisabeth DeLuca & family
$9.0B
Born
Jul 25, 1947
Age
78
Source of Wealth
Subway
Residence
Pompano Beach, Florida
Citizenship
United States
Marital Status
Widowed
Children
1
Education
- Elisabeth DeLuca is the widow of Subway cofounder Fred DeLuca, who started the sandwich shop with his family friend Peter Buck in 1965.
- She inherited his half of the restaurant chain, which is one of the largest in the world, when he died from leukemia in 2015.
- She and the Buck family sold Subway to private equity firm Roark Capital, the owner of Dunkin' and Arby's, in a deal worth more than $9 billion in 2024.
- Since inheriting the fortune, DeLuca has mostly kept a low profile though she oversees two family charitable foundations with more than $1 billion of assets.
- She is one of a group of five billionaires who spent $500 million in 2024 to bankroll Arena BioWorks, a startup geared toward quickly developing new drugs.
- In 2020, DeLuca launched her own foundation, the Elisabeth C. DeLuca Foundation
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