Snippet.Inc

Nov 18, 20202 min

Ray Kroc

Updated: Jul 17, 2022

Date Of Birth

5/10/1902

Date Of Death

14/01/1984

Age

81

Cause Of Death

heart ailment

First Wife

Ethel Fleming 1922-1961

Second Wife

Jane Dobbins Green

Third Wife

Joan kroc 1969-1984

Children

Marilyn Kroc Barg

Full Name

Raymond Albert Kroc

Snippet Below:

Ray Kroc was an American businessman who joined McDonald's in 1954.

After WW2, Ray Kroc worked as a milkshake mixer salesman for the company Prince Castle but their sales eventually plummeted. One day as Ray was getting ready for a meeting to make some quick cash, he get's a phone call asking for eight Milkshake mixers, the call was for a small fast food restaurant called McDonald's.

Ray was surprised by the call and decided to visit the restaurant to see how they operate, once Ray arrived, he saw how fast & unique the service was and he immediately knew he had to have the business.

In 1955 Ray Kroc opened the first franchise McDonald's under his new partnership with the McDonald's brothers. It was located in Des Plaines, Illinois.

Ray Kroc bought the McDonald's company from the brothers in 1961 for $2.7 Million and took credit for being the creator of McDonald's and it's name, however in his book he does mention the McDonald's brothers.

Ray Kroc lied to the brothers by telling them, that he could help them by turning McDonald's into a franchise. Ray knew from the beginning that he had to have the company as he knew it was a gold mine & that the name was iconic.

Ray almost immediately took control of the whole operation, treating McDonald's as if it was his own and screwing the brothers over time after time.

Even though Ray technically stole McDonald's from the brothers, if it wasn't for him McDonald's wouldn't be here today or be what it is today.

Famous Quotes

"Luck is a dividend of sweat. The more you sweat, the luckier you get."
 

"The quality of a leader is reflected in the standards they set for themselves."
 

"The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it."

    90
    1