Todd Graves (entrepreneur)

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Todd Graves
ToddGravesRaisingCanesMothership.png
Born1972 (age 5152)
Occupation(s)Entrepreneur, Restaurateur
OfficeCo-founder and CEO of Raising Cane's Chicken Fingers
Children2

Todd Graves (born 1972) is an American entrepreneur and founder of Raising Cane's Chicken Fingers, a fast food restaurant specializing in fried chicken finger meals.

Contents

In 2023, Bloomberg estimated his net worth at $7.6 billion, making him the wealthiest person in the state of Louisiana and the 307th richest in the world. [1] [2] [3]

Early life

Graves was born in New Orleans, Louisiana, and raised in Baton Rouge, Louisiana. Graves graduated from Episcopal High School in Baton Rouge. [4]

Raising Cane's Chicken Fingers

Graves and long-time friend Craig Silvey used Silvey's business plan course at LSU to create their business plan. [5]

Graves opened Raising Cane's near the North Gates of Louisiana State University on Highland Road in 1996. [5] By 2022, the company expanded to more than 600 restaurants in the U.S. and the Middle East. [6] [7]

The restaurants are named after Raising Cane I, Graves’ dog at the time of founding the first restaurant. They are headquartered in Baton Rouge. [5]

Personal life

Graves and his wife, Gwen, have two children and reside in Baton Rouge, Louisiana, with their yellow Labrador, Raising Cane III. [8]

Collections

Todd Graves at the Raising Cane's Dog Park in Baton Rouge, Louisiana BREC Dog Park Groundbreaking City Park Scaled-10.jpg
Todd Graves at the Raising Cane's Dog Park in Baton Rouge, Louisiana

An avid collector, Graves has loaned a 66-million-year-old triceratops skull to the Louisiana Arts and Science Museum. [9] He has also loaned the hearse that carried Martin Luther King, Jr. to exhibits across the country. [10]

Todd Graves at Eat Las Vegas RestaurantRecoverywithToddGravesLasVegasEpisode.jpg
Todd Graves at Eat Las Vegas

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References

  1. Tobin, Michael; Maloney, Tom (November 16, 2023). "Raising Cane's Founder Turns Chicken Fingers Into $7.6 Billion Fortune". Bloomberg.com. Retrieved April 24, 2024.
  2. Wells, Carlie (November 17, 2023). "Louisiana's richest person is Todd Graves, Bloomberg says". Axios. Retrieved April 24, 2024.
  3. "Bloomberg Billionaires Index". Bloomberg.com. April 23, 2024. Retrieved April 24, 2024.
  4. "Episcopal School of Baton Rouge holds groundbreaking for field house". June 27, 2018.
  5. 1 2 3 Sayre, Alan (June 12, 2007). "Finger joint beat the odds on fish turf". Atlanta Constitution. pp. D3. Retrieved September 18, 2019.
  6. "A return to growth". July 5, 2022.
  7. "Raising Cane's in downtown East Lansing is on the way. Here's where the project stands".
  8. "Dog Days of Summer: Our tails are wagging for Todd Graves' new shelter pup and the entrants of this year's contest". July 3, 2022.
  9. Miller, Robin (February 29, 2016). "There's a 66 million-year-old triceratops in Baton Rouge". The Advocate.
  10. Miller, Robin (January 14, 2019). "Hearse that carried the body of Martin Luther King Jr. comes to Baton Rouge". The Advocate.