billy ingram white castle net worth

It doesn't incorporate the food it serves into its name, it isn't named after the founder, and there is no dollar menu. The Ingram-White Castle Foundation established its scholarship in 1989 to honor founder Billy Ingram's core belief in the importance of . Even today, its expansion is slow as is still only in 12 states. About Dave Rife. ", "Every inch of the grill was dedicated for either the bread or the beef in small, square patties.". Even its burger cooking process is a little strange. STEPHEN 'What sentimental tosh!' Late comic book legend Stan Lee (1922-2018) a writer, editor, publisher and producer was a member of the White Castle Cravers Hall of Fame. Responsible for the strategic direction of a 90+ year old restaurant and retail brand. The movie "Saturday Night Fever" (1977) featured a scene filmed in a White Castle restaurant, bringing nationwide recognition to the regional brand. Elaine Miseta and White Castle's second president E. W. Ingram, Jr. Understandably, White Castle didn't exactly agree with Clifford. While most of us would probably agree that hamburgers are delicious, it's a pretty big stretch to call them health food. We strive to keep White Castle relevant and quirky and fun., Relevancy includes introducing the plant-based Impossible Slider in 2018 and robotic fryers this year, and quirky includes the movie series spawned by 2004s Harold & Kumar Go to White Castle.. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. The tiny White Castle "slider" cost just 5 cents in 1921, which amounts to about 66 cents today. Private Company Incorporated: 1924 as the White Castle System of Eating Houses Corporation Employees: 9,700 Sales: $307 million SICs: 5812 Eating Places; 3444 Sheet Metal Work White Castle Systems, Inc. operates the ninth largest hamburger chain in the United States, with . Many years before the movie, Super Size Me (2004), Ingram persuaded biochemist Jesse McClendon to conduct a scientific experiment. Ingram is the great-granddaughter of White Castle founder Billy Ingram, per Forbes, and Columbus Business First noted . A whopping 35,000 reservations were expected for its Valentine's Day festivities at participating restaurants in 2015. Columbus CEO reported that 98.6 percent of all of White Castle's 450 employees in general management or higher roles worked their way up from behind a White Castle restaurant counter. Richardson: We opened three including a large location in Scottsdale, Arizona, our first in that state. The store offered a special in the early days selling five hamburgers for 10 cents. People looked at hamburgers as being greasy health hazards on par with eating arsenic. If you eat there constantly, without exercising, your weight gain may get to the point where you can no longer eat inside the place you love. Kentucky Fried Chicken (now KFC) opened in 1930; Dairy Queen in 1940; and Jack in the Box in 1951, among others. According to Forbes, Ingram's net worth is now $4.2 billion, up from $3.9 billion last year. Title page for Upton Sinclair's "The Jungle," 1906. It probably didn't hurt that the company had Impossible launch parties with celebrities like Questlove and the Wu-Tang Clan. White Castle still offers a value meal as it did when it first started. With Lisa in charge from the start of next year, the company appears to be in good hands. Local burger cook Walter Anderson (left) and entrepreneur Billy Ingram founded White Castle in Wichita, Kansas, in 1921. Indiana Landmarks then put it on the market for $70,000, where it sat for two years before it was finally purchased with a few stipulations, of course. They were not shy about leaning into their age, running so many promotions that it was almost . Our goal is to continue to grow and stretch our overall profitability and business revenue. The Wichita, Kan., eatery served hamburger sandwiches, pie . They are now married. This refusal to franchise hasn't come without a cost, of course. The company has not only received attention for their "fashionable" uniforms but has been one of the first fast food chains to show transparency by creating a website to display restaurant health scores online. Walt Anderson. (White Castle made $738.3 million in 2019, according to The Business Journals. Building communities remains a focus for Ingram and the White Castle brand. Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy Charles evicting Harry and Meghan is the act of a King putting his country first: REBECCA ENGLISH reveals A royal princess at Eton? 'I've always learned more from my mistakes than my so-called successes,' Bill told Forbes. In 1933, Walter Anderson sold out all his interests in White Castle to Billy Ingram for $340,000. The margins are different and that makes it difficult in company-owned restaurants. But we also offer new products such as the Impossible slider. Hungry fans were able to buy sliders for 90 cents (for two) before the company packed up and left once again for the Buckeye state. Edgar Waldo "Billy" Ingram was born in humble circumstances in Leadville, Colorado, in 1880. Eating champ Joey Chestnut, "The griddled onions, the way the burger and the bun are kind of steamed you never get a dry White Castle bun. En 1933, Ingram compr la parte de su negocio a Anderson, y traslad la sede de la compaa a Columbus . Distributing Plant in Vandalia, Ohio, on April 30, 2014. Here you can find 12 years worth of articles on everything from how to avoid dodgy scams to writing an effective complaint letter. The 1940s ended bleakly for White Castle. ", The fourth White Castle, with the now familiar castle motif, in Wichita. All rights reserved. The book had impacted the good name of ground beef so much, that Anderson and business partner Billy A. Ingram choose the name "White Castle" to convey a sense of purity and strength. Billy Ingram invested $700 in a Wichita, Kansas, burger joint in 1921 and helped inspire a global food phenomenon. We like to say any time is crave time. It means we want to invite people to come by when theyre most hungry. This business is controlled by descendants of Billy Ingram. He recently ordered 50 sliders at a Las Vegas White Castle just for fun. We dont take ourselves too seriously. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. "It's easier to get into Harvard than the Cravers Hall of Fame," said White Castle spokesman Jamie Richardson. The burger chain almost didn't even happen because Ingram had plans to go into the insurance business, but only decided to switch gears after meeting Anderson and being convinced that hamburgers were the way to go. Shutterstock. Credit or blame, as the case may be entrepreneur Billy Ingram. Ingram pioneered many of the processes, equipment and even marketing techniques that make fast food possible today: delicious, savory and mouth-filling flavors served quickly and affordably with the same taste profile offered by many different locations. As of November 2022, the average price of an original slider, according to Fast Food Menu Prices, is 72 cents. And the biggest challenge is, how do you do that in a way that is more sustainable for your business. Jun 2000 - Present22 years 9 months. "We've spent 65 years building up a reputation and we do not intend to have other people capitalize on it," Gail Turley, White Castle's director of advertising said. During the past nine decades, the fast-food chain has also continued to be managed by the very same family that founded it. The New York City rappers shouted out the burger joint in five of the 13 tracks on the album; and again in a tune on their sophomore album "Pauls Boutique. 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La direccin ha pasado posteriormente al hijo E.W. His original slider hamburger cost just 5 cents 101 years ago. Were still family-owned and dont seek the limelight as much, but social media has been a place where our followers are bigger than our footprint. The Impossible slider began popping up on White Castle menus at 140 locations in New York, New Jersey, and Chicago, and was an instant hit. Started in 1921, by Edgar Waldo "Billy" Ingram, a Wichita real estate and insurance agent and Walt Anderson, who created a tiny, square hamburger. The customer then was served up a slider made with unfrozen beef delicious. (Images/Universal Images Group via Getty Images). White Castle offers benefits to go with those wages. She is even looking at a couple of new brands too: Laughing Noodle, a Chinese restaurant with three outlets in Ohio and Kentucky; Blaze Modern BBQ, a smoke joint with two locations in Indianapolis; and Deckers Grilled Sandwiches, a lunch food joint in Tennessee and Kentucky. Photo: @mrzbreeze / Instagram 683 Million. In fact, there are no franchises, though it has two license partnerships with operators who run four outlets in Las Vegas and four in Shanghai. SIMON LAMBERT on how to fight back as banks sting borrowers but Can YOU guess the book? Perhaps even more groundbreaking than the fast food idea are White Castle's claims of popularizing the hamburger. White Castle created the Cravers Hall of Fame in 2001 to honor those who have displayed "a lifetime of devotion going to extreme lengths to satisfy cravings," company spokesman Jamie Richardson told Fox News Digital. During the 1990s White Castle triedand failedto expand in Mexico, Malaysia, Japan and South Korea, running into a host of problems. You can still get a 10-sack of sliders for around $7, which can be shared by several people. ", MEET THE AMERICAN WHO COOKED UP FROZEN FOODS: ADVENTURER AND INNOVATOR CLARENCE BIRDSEYE. All rights reserved. With their ironclad commitment to the integrity of White Castle food, it's safe to assume the burgers of today are identical to what Ingram and Anderson were serving up in 1921, right? As a member of the family that owns the multi-million-dollar White Castle chain, Ingram probably has a significant share of the company's net worth. Following Frist at No. Besides the standard of cleanly washed hands and trimmed fingernails, employees were expected to be clean shaven and have their hair neatly combed and tucked under their hat. Businessman. Because the burgers . It took an even more head-scratching turn when Cruz said that he was "a big fan of eating White Castle burgers." White Castle is holding its own. He "parlayed a 5-cent hamburger into a $36 million chain." Columbus, Ohio Area. By contrast McDonalds has around 37,800 global locations and Burger King around 13,000. The perks of being a rock star. "W e first opened our doors in Wichita, Kansas, in March of 1921. Toan H./Yelp. Edgar Waldo "Billy" Ingram, born in Colorado in 1880, opened a White Castle in 1921 and changed American eating habits forever. White Castle is entering its centennial year by transitioning its board chair from former White Castle President and CEO Bill Ingram to his daughter, the company's current president and CEO, Lisa Ingram, according to a news release. So here's the problem with loving White Castle or any fast food restaurant for that matter a little too much. Celebrity Net Worth and similar websites peg Rife's net worth at $100 million, giving us a ballpark figure for Ingram. The patties of today also have small holes punched into them thanks to a suggestion from employee Earl Howell in 1954. The small white brick building was even listed as a historic landmark by the National Park Service in 2011. Old White Castle employee checklists show that employees were to maintain a strict code of appearance. A White Castle burger still sold for just 10 cents at the turn of the 1950s. Billy Ingram moved White Castle to Columbus in 1934 after buying out Anderson's share of the business. The fast food chain was founded in Wichita, Kansas, in 1921. White Castle has survived in the fast food industry for nearly 100 years. While most of today's White Castle locations are modernized with drive-thrus and are far larger than their early counterparts, there are some of those early White Castle buildings still around. Ingram has seen all aspects of foodservice. (Yes, it was a real insult to the hamburger.). That said, the chain's total workforce is about 10,000, per Owler, so a small percentage of the entire workforce has experienced this level of upward mobility. "I can't even tell you the multiple on social," said Bartley. The 1950s brought competition in the form of new hamburger chains. By Sally M. Snell. We are no longer accepting comments on this article. (Courtesy White Castle). The first White Castle location. And since 2012s Hurricane Sandy, which devastated areas of the East Coast, White Castle has offered the Castle Shares Team Member Relief Program. Anderson is credited with being the inventor of the hamburger An original slider in Newark, New Jersey, will run you about 88 cents though promotions put them in hungry customers' hands for about 50 cents each if bought in bulk. The shame and despair of being physically attacked by your own child. May 27, 2021, 05:00 ET. "Billy" Ingram, founded White Castle in 1921, making it the world's first quick-service burger concept. White Castle hamburger Sliders move down a conveyor belt before being frozen, packaged and shipped to grocery stores at the new White Castle Co. White Castle still offers a value meal as it did when it first started. In the 1980s, KFC had their Chicken Littles sliders and Burger King tried its own version of the slider called the Burger Bundle. On average, employees at White Castle stay with the company for 3.0 years. He worked briefly as a reporter covering the livestock industry for the Omaha (Neb.) 4 the first shop the partners opened together. "Billy changed the way world eats by making hot, tasty food affordable for the masses," said Richardson, company spokesperson. Credit or blame, as the case may be entrepreneur Billy Ingram. But while McDonalds and the two other burger chains dominate the American landscape, White Castle, with about 375 locations in 14 states, remains a niche chain. Weve remained relevant for almost a 100 years. There's a reason that it's called White Castle and not green or blue Castle. Millions of dollars. (Luke Sharrett/Bloomberg via Getty Images). Richardson: It covers a range. . Late comic book legend Stan Lee (1922-2018) a writer, editor, publisher and producer was a member of the White Castle Cravers Hall of Fame. Getting into this mecca of steamed burger greatness isn't an easy feat though. The burger eatery was the subject of the 2004 Hollywood comedy, "Harold & Kumar Go to White Castle.". Walt Anderson (AKA Walter L. Anderson) 'Billy' Ingram, and will remain on the board after 35 years as CEO. "Ingram, Edgar Waldo (1880-1966), founder of the White Castle hamburger chain and the originator of American fast food" published on by Oxford University Press. Legal Statement. Billy became really intrigued by this idea of the hamburger sandwich. In the first few decades of the 20th century, burgers weren't just considered an unrefined food, but downright dangerous. Ingram's great grandfather Billy Ingram opened the first location in Wichita, Kan., in 1921, partnering with Walter Anderson. The original slider provides a certain comfort and source of good memory that creates a feeling of affinity and coming home, whether thats at the drive-thru or freezer aisle. The price has certainly changed since 1921 and over the years so did the cooking process. Fourth-generation White Castle CEO Lisa Ingram shares her career path and favorite secret menu item with host MaryLee Melendez. (Courtesy White Castle). When Billy Ingram retried to Florida in 1958, White Castle briefly opened a few locations in Miami. Take the name and color of the building for instance. Ahh, that explains it. Walter A. Anderson c9-founded the White Castle chain selling small square hamburgers. 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