BillionaireNet
Graves
Todd Graves
Rank #107
UNITED STATESFood & BeverageFast food

Todd Graves

Net Worth
$21.983B
0% (24h)
Todd Graves is an American businessman, restaurateur, and philanthropist, best known as the co-founder and CEO of Raising Cane's Chicken Fingers. Born in Louisiana, Graves developed a strong work ethic and entrepreneurial spirit early in life. Despite facing initial skepticism, he built a fast-food empire with a focus on quality, service, and community involvement. His net worth of $22.0 billion as of 2024 is a testament to his business acumen, with Raising Cane's recognized as one of the fastest-growing restaurant chains in the U.S. and a testament to his entrepreneurial success.

The Full Dossier

Early Life

Todd Bartlett Graves was born in New Orleans, Louisiana, in 1972, and raised in Baton Rouge. From a young age, he exhibited an entrepreneurial drive, working various jobs to gain experience. Graves graduated from Episcopal School of Baton Rouge and earned a bachelor's degree from the University of Georgia.

Rise to Success

Graves conceived the idea for Raising Cane's while in college. His business plan was initially rejected by investors and received the lowest grade in his business class. Undeterred, he worked as a boilermaker in oil refineries and a commercial fisherman in Alaska to save money. He opened the first Raising Cane's near the Louisiana State University campus in 1996.

Key Business Strategies

Raising Cane's success is rooted in simplicity: a focused menu of chicken fingers, fries, coleslaw, Texas toast, and Cane's Sauce. The company's emphasis on high-quality ingredients, excellent customer service, and a strong company culture has fostered customer loyalty. Graves maintained tight control over the company, with a focus on company-owned locations to ensure consistency. The brand leverages social media and celebrity partnerships to promote its brand.

Philanthropy

Graves is actively involved in philanthropy and community service through Raising Cane's, supporting education, animal welfare, and disaster relief. He has donated $140 million to various causes.

Career Timeline

2024

America's Richest Restaurateur

Graves's net worth reached $22 billion.

2008

Named an Ernst & Young “Entrepreneur of the Year”

Received prestigious award for his entrepreneurial success.

2007

Named one of the “Top 100 Movers and Shakers”

Recognized by Fast Casual magazine.

1996

Founded Raising Cane's

Opened the first Raising Cane's near the Louisiana State University campus.

Philanthropic Impact

Disaster Relief$XB

Disaster Relief

Supports relief efforts in Louisiana and other areas affected by natural disasters.

Education$XB

Education Initiatives

Supports various educational programs.

Wealth Trajectory