John Schnatter, an American entrepreneur,CEO of Papa John’s Pizza.
Quick Facts of John Schnatter
- Full NameJohn Schnatter
- Net Worth$1 Billion
- Date of Birth1961 /11 /23
- NicknamePapa John
- Marital StatusDivorced
- BirthplaceJeffersonville, Indiana
- ProfessionBusiness Entrepreneur
- Active Year1984-2018
- Eye colourDark Brown
- Hair colourBlack
- SpouseAnnette Schnatter (1987-2019)
- Height1.8 m
- Online PresenceTwitter, Instagram
John H. Schnatter is an American entrepreneur, founder, chairman, and CEO of the company of Papa John’s Pizza. Moreover, the company was founded in 1984 year. Further, he achieved success as a CEO by President and COO Steve Ritchie until July 2018.
Moreover, Schnatter denoted $1 million to ‘Louisville Zoo’ for Glacier Run expansion. Further, he has also contributed to Donald Trump‘s 2016 presidential campaign. Schnatter recently got a divorce from his wife. Also, he is a father of three children.
Early Life in Jeffersonville
John H. Schnatter was born on November 22, 1961, in Jeffersonville, Indiana. John was born to Mary Beth, real estate agent and Robert Schnatter, a judge in Jeffersonville. However, his father died in 1985 while he was 24 years old. Schnatter holds an American nationality and belongs to mixed ethnicity.
He attended Jeffersonville High School and completed graduation in 1979. Further, he holds a business degree from Ball State University in 1983. In the 1980s his father co-owned Mick’s Lounge.
Rose to Stardom
58 years old, Schnatter started his career in 1984 when founded Papa John’s Pizza after converting his father’s tavern. He sold out his 1972 Camaro Z28 and began selling pizzas to the tavern’s customers. Moreover, his hard work and dedication towards his work made him one of the well-known business entrepreneurs. Further, in November 2017, his company was listed in the third largest take-out and pizza delivery restaurant chain in the world.
Check out the short video: Journey of John H. Schnatter building his Pizza company.
Later, on December 21, 2017, he became CEO of Papa John’s. Moreover, Schnatter replaced as CEO on January 1, 2018, by Operating Officer Steve Richie. Further, he resigns from the post of CEO on 26 July 2018. He also contributed to Donald Trump‘s 2016 presidential campaign.
Well, moving into Papa John’s Pizza founder’s personal life, he is leading the single life after separation with his wife Annette Cox. The couple ended their 30 years of marriage into a divorce after his wife Cox filed for divorce on December 5, 2019. Moreover, his wife also concluded that they were living separately since April 1 of the same year. However, the final hearing of divorce is unknown and the official date of divorce is yet to reveal.
Schnatter married his long -term girlfriend turned wife, Cox in 1987. Moreover, the couple used to live in Anchorage, Kentucky. Further, the couple was blessed with three wonderful children from their long marriage relationship. The couple became first-time parents of a daughter, Kristine Schnatter. Further, the couple shares two more children a daughter, Danielle Schnatter and a son Beau Schnatter. Moreover, his children are all grown up and busy in their own career development.
Further, he is an Evangelical Christian and also a member of the Southeast Christian Church. However, in 1999, Schnatter got complained about stalking and groping of a woman and he also proclaimed that woman was trying to blackmail him for $5 Million. Moreover, in 2008, Schnatter denoted $ 1 million to ‘Louisville Zoo’. Once again he entangled in a sexual misconduct incident on a 24-year-old female marketing employee in 2009.
Enjoy Net Worth of $1 Billion
According to Forbes, Schnatter’s estimated net worth is around $1 Billion. Moreover, he earned this hefty amount from his long career as a founder of John’s Papa Pizza company. Moreover, he has insurance of $15.3 million in his hands. Further, he also works as a politician, might pay back him. However, his company as per now is the third-largest pizza company in America.
Additionally, there might be fluctuations in his net worth as he might have given alumni to his wife. As per now, there is no report, what is the amount he has paid for alumni. Moreover, he earned a large mansion located in Anchorage, Kentucky, Louisville. His mansion is of 40,0000 limestones modeled in it. Moreover, his house is about 15 acres with multiple swimming pools, a private lake, and private golf. Further, its real estate price estimated at around $7.5 Million. Moreover, his family also owns $5.4 Million penthouses in Naples, Florida and $23 Million homes in Deer Valley.