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John Schnatter Net Worth, Wife, Children, Parents

Published On: 17 Sep, 2019

John Schnatter Net Worth, Wife, Children, Parents

Being the founder of the 4th largest pizza delivery chain restaurant, American entrepreneur John Schnatter has been racking up piles and piles of dollar bills for well over two decades. John’s career as founder and former CEO of Papa Johns has enabled him to live a lifestyle far higher than that of an average man.

But despite all the widespread success, Jhon has managed to land himself in several controversies along the way. From racial slurs to rants, John has become public enemy number one several time in the past years.

Married, Wife

Papa Johns founder, John Schnatter, is a married man. He shared nuptials with his wife, Annette Schnatter in 1987.

Being married for such a long time is a hard thing to achieve in modern times. But John has managed to keep the love going active with Annette. John’s usually very private about his relationships and his marriage. He rarely reveals information about his family’s life and manages to keep them under the radar.

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John and his wife Annette (Photo: Pinterest.com)

Likewise, his long ongoing marriage has brought him tons of joy in the form of his children. He is a father of three daughters, Danielle, Kristine, and Beau. Just like his wife, John has kept his daughters away from the limelight only sharing a few pictures of them online.

It seems John is relishing his life both as a married man and a father.

Net Worth

John Schnatter’s career as the founder and former CEO of the 4th largest pizza delivery chain restaurant Papa Johns has served him well. With a business degree from ‘Ball State University,’ Schnatter began his career by purchasing used pizza equipment with the money he received from selling his car.

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Soon, he converted a broom closet in the back of his father’s pub ‘Mick's Lounge’ in Jeffersonville which he used to make pizzas and sell them to the customers of ‘Mick's Lounge.’ In due time, his pizzas started to become quite popular. Then in 1993, he launched his company, Papa Johns'. And by 1997 he had over 1,500 stores in the country.

Things seemed to go perfectly for John and his company until 2017 when he landed himself in a heap of trouble after he criticized the NFL for not taking actions against players who were protesting against racism and social injustice. This controversy caused him to step down as CEO of Papa Johns, but he still kept on serving as the chairman of the company.

But that all changed in 2018, when on July 11 when it was reported that while on a conference call with marketing agency ‘Laundry Service,’ John had used the ‘N-word.’ This led to John stepping down as chairman the same day as well as giving up his position on the board of trustees of the ‘University of Louisville.’ 

Regardless of such ups and downs in his career, John has still amassed a vast fortune through Papa John. As of 2019, John is enjoying a massive net worth of $500 million, which is why he’s been able to live a lavish lifestyle. With a large house and tons and tons of cars, John is living the best life he possibly can.

Wiki & Bio

John Schnatter was born on the 23rd of November, 1961 in Jeffersonville, the USA to parents Robert and Mary Schnatter. He grew up with a brother, Chuck, and sister, Anne. Likewise, he holds American nationality but has german ethnicity.

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As for his education, he attended Jeffersonville High School ’ after which he enrolled at the Ball State University where he obtained a degree in Business.

Facts

Furthermore, we’ve managed to collect several facts about John and his life below. 

  • John in 2012, hosted a fundraiser at his house for Republican Presidential nominee Mitt Romney. He donated $1 million of his personal income to ‘Louisville Zoo’ back in 2008.
     
  • In 1999, he faced stalking and groping accusations which were later settled in a confidential settlement. Also, he got involved in a sexual misconduct incident that involved a 24-year-old female marketing employee which was also settled in a confidential settlement in 2009.