Portrait of Zach McLeroy

Rank #3382

Zach McLeroy

Net worth $1.0B

Fast food · United States

Born
Aug 01, 1962
Age
63
Source
Fast food
Residence
Citizenship
United States
Marital status
Divorced
Children
0
Education

Net worth over time

Biography

  • Zach McLeroy founded the chicken chain Zaxby's with Tony Townley, his best friend since the seventh grade.
  • Townley and McLeroy each put up $8,000 to open the first Zaxby's restaurant in Statesboro, Georgia in 1990.
  • In 2020, McLeroy sold 20% of his stake to Goldman Sachs for an estimated $400 million; he still owns 30% of the business.
  • Townley sold his entire stake in the business to Goldman Sachs at the same time.
  • McLeroy served as CEO of Zaxby's until 2022; he remains chairman of the board of directors.