BillionaireNet
McLeroy
Z
Rank #3113
UNITED STATESFood & BeverageFast food

Zach McLeroy

Net Worth
$1.004B
0% (24h)
Zach McLeroy is an American entrepreneur best known as the co-founder and current chairman of Zaxby's, a fast-food chain specializing in chicken. McLeroy, with a net worth of $1.0 billion as of December 2025, built his wealth through his vision for Zaxby's, which he co-founded in 1990. His career began with a dream to create a restaurant focused on quality food and a strong company culture. McLeroy's achievements include building a billion-dollar franchise with over 970 locations and fostering a people-first culture that led to significant recognition for Zaxby's. He currently resides in the Atlanta area.

The Full Dossier

Early Life

Zach McLeroy's entrepreneurial journey began in Athens, Georgia, where he met his future business partner, Tony Townley, in middle school. Initially, McLeroy, who had a passion for music, saw a career in drumming. However, an opportunity arose when he and Townley envisioned a restaurant centered around boneless chicken, a departure from the existing bone-in options.

Rise to Success

In 1990, McLeroy and Townley launched Zaxby's in Statesboro, Georgia, with an initial investment of $16,000. McLeroy, who sold his drum set to raise capital, focused on operations, while Townley managed the finances. Their concept was a hit, capitalizing on the demand for quality chicken in college towns. McLeroy worked long hours, reinvesting profits to expand Zaxby's. His commitment to building a strong team was also key to the success.

Key Business Strategies

McLeroy's business strategies revolved around several core principles. He prioritized serving quality food, providing opportunities for team members, and fostering a distinct culture of service. Zaxby's success was also significantly influenced by its strong drive-thru capabilities and its adaptation to the changing market, as seen during the boom in off-premises business. Another key factor was the methodical approach to expansion, leveraging existing franchisees and investing in brand awareness.

Philanthropy

Zach McLeroy established the McLeroy Family Foundation, which provides strategic counsel and financial contributions to organizations focused on supporting women, children, veterans, and the homeless.

Career Timeline

2021

Co-founded The Leaven Group

Co-founded The Leaven Group in 2021 to serve as the impetus for intentional development and community transformation.

2022

Stepped down as CEO

Stepped down from the CEO role at Zaxby's and became Chairman of the Board.

2020

Sold a stake in Zaxby's

Sold 20% of his stake in Zaxby's to Goldman Sachs.

1990

Co-founded Zaxby's

Co-founded the chicken chain Zaxby's with Tony Townley.

Philanthropic Impact

General PhilanthropyUndisclosed

McLeroy Family Foundation

Provides strategic counsel and financial contributions to select philanthropic and faith-based organizations.

Wealth Trajectory