John Schnatter Bio, Net Worth, Wife, Children, Pizza Company, Age

John Schnatter Bio, Net Worth, Wife, Children, Pizza Company, Age

John Schnatter is mostly famous for his commercial name of Papa John, who is an American Businessman. He is the founder of Papa John’s pizza. From a medium family, he made his way to a successful entrepreneur starting his company in the back of his father’s tavern. Besides, he had some collaboration with NFL which led to controversial news and rumors.

John Schnatter Family and Age

The entrepreneur was born on 22nd November 1961, in Jeffersonville, Indiana that makes him 58 years old. John was the blessing for his parents Mary, a real estate agent, and Robert Schnatter, a judge.

The Snippet of  American Entrepreneur John Schnatter

The Snippet of American Entrepreneur John Schnatter
Image Source: Nation’s Restaurant News

His father also was the co-owner of Mick’s Lounge, a Jeffersonville tavern at the time. There is not any information about his siblings or other family members. However, he had a good childhood overall.

Don’t Miss: Sherrie Swafford Bio, Marriage, Boyfriend, Steve Perry, Breakup, Kellie Nash, Death, Age

Talking about his educational status, he schooled at some local school and later joined  Jeffersonville High School. After passing out of high school in 1979, he attended the Ball State University with Business and got a degree in 1983.

John Schnatter Wife, Annette Cox, and Marriage

The talented businessman had some affairs in the past. Talking about his recognizable one, he got married to Annette Cox in 1987. The couple stayed together for a long time.

John  Schnatter with Wife Annette Cox

John Schnatter with Wife Annette Cox
Image Source: Yahoo

After spending about more than 30 years of marriage, their relationship didn’t work out as expected. After Cox’s filing for divorce, they got separated on April 1.

Divorce and Children

Even though the couple separated they still share three children named Kristine, Beau, and Danielle Schnatter.

John Schnatter With his wife and children

John Schnatter With his wife and children
Image Source: Allstarbio

The reason behind the divorce is still unknown but some have claimed that John was accused of several assaults and bad behavior.

John Schnatter Pizza Company

John’s business first started when he opened Papa John’s Pizza in 1984. Starting from equipment worth $1,600, his business got expanded exponentially. By the year 1994, they opened more than 500 stores of the company which sold Papa John’s Pizza. Expanding more, 1500 stores became active in 1997.

The logo of Papa John's Pizza

The logo of Papa John’s Pizza
Image Source: The Business Journals

Trying to be flexible, John also founded a company called Calistoga Artisan Sandwiches in 2007. But unfortunately, due to some issues, it was shut down after five years of operation. Besides, he was an important member of the NFL for some time. Also, the businessman has authored a book titled,” Papa: The Story of Papa John’s Pizza”.

John Schnatter Net Worth and Salary

Working as the CEO of a self-founded company for about 40 years, he has made a huge amount of money from his business. According to Statista, Papa John’s Pizza had a revenue of about $652.05 million in Domestic sales only and about $102.92 million in other international sales.

Recommended: Mina Starsiak Hawk Bio, Husband, Pregnant, Net Worth, Children, Instagram

With such great income, John must have an awesome salary. The Balances Mb has estimated an average earning of business owner about $59,000 a year. So, the good running business as Papa John’s Pizza must exceed the amount.

John Schnatter lives a luxury life with billion wealth

John Schnatter lives a luxury life with billion wealth
Image Source: USA Today

Considering all these incomes and revenues, John Schnatter has a net worth of about $1.1 billion as of 2020 and still rising. The businessman also makes a small amount of money from Instagram and Twitter.

You May Like: Miki Sudo Bio, Net Worth, Eating Competition, Boyfriend, Instagram

For More Celebrity Biographies and Personal Info, Visit Celebs Closet.

Be the first to comment

Leave a Reply

Your email address will not be published.