Known for movies

Short Info

Date Of BirthOctober 3, 1947
DiedSeptember 14, 2015, Lauderdale Lakes, Florida, United States
SpouseElisabeth DeLuca


Fred DeLuca (born October 3, 1947) is an American businessman, and the co-founder of the sandwich chain Subway. As of 2016, DeLuca owned and operated more than 26,000 Subway franchises in 91 countries. His net worth was estimated at $3.5 billion.

Early Life

Fred DeLuca was born in Brooklyn, New York, on October 3, 1947, to Italian immigrants. His father died when he was ten years old, and his family struggled financially. He dropped out of high school at the age of seventeen to help support his family.

DeLuca began his career in the food industry when he opened a pizzeria called Pete’s Super Submarines in Bridgeport, Connecticut, in 1965. He met Dr. Peter Buck, a nuclear physicist, who was looking for a way to make extra money to pay for his children’s college education. The two men decided to open a submarine sandwich shop together, and they borrowed $1,000 to start their business.

The first Subway shop opened in August of 1965. It was successful from the start, and the partners soon began opening new locations. By 1974, they had sixteen shops in the Northeast. In 1978, they franchised their first store outside of the Northeast, in Miami, Florida.

The company continued to grow throughout the 1980s and 1990s. In 1998, Subway surpassed McDonald’s in the number of locations worldwide. As of 2016, there are more than 26,000 Subway franchises in 91 countries.

Career

DeLuca’s career has been defined by his success in building the Subway chain into a global franchise. He has received numerous awards and accolades for his achievements in business. In 2010, he was inducted into the Franchise Hall of Fame. In 2011, he was named an Ernst & Young Entrepreneur of the Year.

Net Worth

As of 2016, DeLuca’s net worth was estimated at $3.5 billion. He has amassed his fortune through his ownership of Subway franchises and real estate holdings. He also earns a salary of $1 million per year as CEO of the company.

Relationships

DeLuca has been married twice. His first marriage ended in divorce. He has three children from his first marriage: daughters Danielle and Lauren, and son Tony. His second marriage is to Elizabeth Shuey, whom he married in 1999. The couple has two children together: son Fred Jr., and daughter Mia.

Physical Characteristics

DeLuca is a tall man with dark hair and brown eyes. He is of Italian descent.

General Info

Full NameFred DeLuca
Date Of BirthOctober 3, 1947
DiedSeptember 14, 2015, Lauderdale Lakes, Florida, United States
ProfessionEntrepreneur, Businessperson
EducationUniversity of Bridgeport
NationalityAmerican

Family

SpouseElisabeth DeLuca
ChildrenJohn DeLuca
ParentsCarmela DeLuca, Salvatore DeLuca
SiblingsSuzanne Greco

Social profile links


Source: IMDb, Wikipedia

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