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About Papa John Schnatter Net Worth
John Schnatter is a well-known American pizza industry entrepreneur and TV personality with a net worth of $400 million. He gained fame for establishing, serving as the former chairman, and former CEO of Papa John’s International Inc, a prominent pizza delivery business. Schnatter’s widespread recognition can be attributed to his appearances in numerous national commercials, each concluding with the distinctive tagline “Better Ingredients. Better Pizza. Papa John’s.” Unfortunately, in 2018, he was ousted from the company. In 2019, he completely divested his ownership through a series of stock sales, yielding approximately $500 million in cash before taxes and any divorce-related matters.
Papa John Schnatter Net Worth
Papa John Schnatter has an estimated net worth of up to $400 Million.
| Net Worth: | $400 Million |
| Date of Birth: | Nov 23, 1961 (61 years old) |
| Age: | 61 years old |
| Gender: | Male |
| Profession: | Entrepreneur, Businessperson, Spokesperson |
| Nationality: | United States of America |
| Country | United States of America |
| Ethnicity | Jeffersonville |
| Residence | United States of America |
| Complexion | White |
John Schnatter was born in Jeffersonville, Indiana, on November 23, 1958. He completed his education at Jeffersonville High School and later obtained a business degree from Ball State University. After finishing college, John came back to Jeffersonville, where his father was a co-owner of a restaurant called Mick’s Tavern.
Papa John Schnatter Biography
John and his wife, Annette, got married in 1987, and they have three children together. Unfortunately, a few weeks after a news interview that was both unfortunate and unusual, Annette initiated divorce proceedings, ending a 32-year-long marriage. The legal filings revealed that they had actually been living apart since April of 2019. These divorce filings also indicated that the couple had already agreed on a settlement for their shared property. The divorce paperwork detailed a range of assets, including real estate and aircraft, which we’ll describe in more detail shortly. In addition to these assets, Annette’s filing showed that she owned 31,391 shares of Papa John’s pizza company, which was valued at approximately $1.8 million at the time, with each share priced at $53. On the other hand, John’s filing revealed that he owned a significant 2.9 million shares of the company, which, by that point, were valued at a substantial $171 million.
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