Rank #389
Elisabeth DeLuca & family
Net worth $9.0B
Subway · United States
- Born
- Jul 25, 1947
- Age
- 78
- Source
- Subway
- Residence
- Pompano Beach, Florida
- Citizenship
- United States
- Marital status
- Widowed
- Children
- 1
- Education
Net worth over time
Biography
- 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