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Papa John Net Worth (2022)
Lifestyle | Bio | Facts [UPDATED]

Papa John Net Worth FI


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Papa John Net Worth, Biography & Lifestyle: John Schnatter, commonly known as Papa John, is an American entrepreneur and television personality. He founded the fourth largest pizza delivery restaurant chain, Papa John’s. He was also the former chairman and CEO of Papa John’s International, Inc., and he became a national celebrity due to his appearances in national commercials. With his success as an entrepreneur, it’s no wonder that John Schnatter’s net worth is $500 million!

Today, we’re going to be diving deep into the life of Papa John’s founder, and we’ll be looking at:

  • Where and how Papa Johns started;
  • His career and other business endeavors;
  • His assets – houses, cars, boats, planes;
  • How he likes to spend his money on philanthropic initiatives;
  • And much more…

(Once you’ve checked out John Schnatter net worth and bio – whatever you do – scroll to the end and check out our Fun Facts Section – there are a couple of surprises for you in there!)

Let’s get started…

Who Is Papa John?

Papa John Net Worth Quick Overview

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Full Name: John Hampton Schnatter
Net Worth: $500 million
Source of Wealth: Entrepreneur
Spouse/ Relationship: Annette Schnatter (m. 1987–2019)
Date of Birth: November 23, 1961
Place of Birth/Nationality: Indiana, the United States / American
Children: Kristine Schnatter, Beau Schnatter, Danielle Schnatter

John Hampton Schnatter, more familiarly known as Papa John, is an American pizza entrepreneur and television personality from Jeffersonville, Indiana, US. He is the founder and former CEO and chairman of Papa John’s International, Inc, which is currently the fourth-largest pizza chain in the US today.

Papa John’s started in 1984 when he sold his 971 Chevrolet Camaro to have enough money to help his father’s business. Afterward, he used the remaining $1,600 he got from the car sale to buy pizza equipment and started making Papa John’s pizza.

You see…

He converted the broom closet at the back of his father’s tavern, Mick’s Lounge, into a room to make pizzas. The pizza easily became a big hit that John moved to another place with adjoining space a year later. Eventually, the company went public in 1993. John also brought back the very same Camaro he sold to start the business, and the rest is history.

How Old Is John Schnatter?

Born in Indiana, United States, John Schnatter is 60 years old today.

John Schnatter Height

The founder of Papa John’s is  5 ft 10 in or 1.78 meters (1278 cm) tall. Other known personalities of the same height include the “Wonder Woman” actress Gal Gadot, American singer and songwriter Charlie Puth, and Canadian writer Gavin Mcinnes.

John Schnatter Weight & Body Measurements

With a weight of 71 kg or 157 lbs, he has an average build.

Other Quick Facts:

  • Eye Color: Brown
  • Hair Color: Black
  • Zodiac Sign: Sagittarius
  • Favorite Food: Pizza
  • IMDb Profile Link: John Schnatter 

How Much Is Papa John Worth?

Papa John Schnatter net worth in 2021 is $500 million.

Papa John Net Worth Year By Year

YearEarnings $
2011$480 million
2012$500 million
2013 $630 million
2014 $690 million
2015 $740 million
2016 $870 million
2017$1 billion
2018$801 million
2019$641 million
2020$590 million
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⭐⭐Papa John Net Worth & Biography ⭐⭐ Success Story✔ House & Cars✔ Fun Facts✔ Family, Relationships✔ Career Highlights✔ and more…

Papa John Success Story

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Papa: The Story of Papa John’s Pizza

Documentation of how the business from a broom closet became a multinational food chain.

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Sorry I wasn’t listening. I was thinking about John Schnatter

Check out the perfect Lined Journal Notebook Birthday Gift for Schnatter Lovers.

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Focus On: 80 Most Popular American chief Executives of Food Industry Companies

Learn more about the 80 Most Popular American Chief Executives of Food Industry Companies.

Investments

Evergreen Real Estate LLC – Managed by Schnatter and Aaron Thompson, owns more than 100 acres of land in the Anchorage area, including multiple residences and businesses. The properties, in total, are valued at over $17.5 million.

Hampton Airways Inc. – Schnatter and Thompson are also the listed owners of Hampton Airways Inc., which has two aircraft registered with the Federal Aviation Administration – a Bell 429 GlobalRanger helicopter and a Dassault Falcon 2000EX.

Now that we already know about John’s career and net worth let’s check out his early life!

The Young Papa John

Young Papa John

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Named John Hampton Schnatter, Papa John Schnatter was born in Jeffersonville, Indiana, to Mary Beth Ackerson and Robert Schnatter. His father was a judge, while his mother worked as a real estate agent. 

John Schnatter High School

He graduated high school in 1980 from Jeffersonville High School.

John Schnatter University

Papa John studied in his hometown. He got his business degree in 1983 from Ball State University. 

Papa John Family & Relationships

John Schnatter Ex-Wife – Annette Cox

Papa Joh wife

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The American pizza entrepreneur got married to Annette Cox in 1987. They lived in Anchorage, Kentucky, and had three children named Kristine, Beau, and Danielle. Sadly, the couple of 32 years separated in 2019 when Cox filed for divorce because of their “irretrievably broken” marriage. The ex-couple has three adult children: Annette Cox, Kristine, Beau, and Danielle Schnatter.

And that’s everything we have in the American entrepreneur’s personal life. 

This time, join us as we look back at how Papa John’s International started and what Papa John’s founder has been doing through the years.

Papa John Career

  • 1984 – Schnatter founded Papa John’s Pizza.
  • 1985 – Because of the high demand for the pizzas, they moved to another place with adjoining space to expand their production.
  • 1993 – The company went public, with Schnatter owning around 30% of the company’s shares.
  • 1994 – The company had its 500th store.
  • 1997 – The company opened its first 1500 stores.
  • Schnatter was also named the Chief Executive Officer of Papa John’s International, Inc. 2017 – Papa John’s was listed as the third-largest pizza chain in the US. In the same year, the CEO reached billionaire status, according to Forbes.
  • 2018 – Schnatter stepped down as CEO of Papa Johns International, Inc and was succeeded by Steve Ritchie as president and COO. After this, however, he remained the company’s chairman of the board, which holds most of the company’s shares.
  • Worth $157.5 million. 2019 – Schnatter sold company shares worth $20.6 million on top of what he sold to a Swiss bank and UBS before. After these transactions, he holds a stake of 16.7% of the company’s outstanding shares.

With these remarkable achievements as an entrepreneur, he was acknowledged by different awarding bodies several times, and he received the following:

  • 1998 – National Ernst & Young Retail/Consumer Entrepreneur of the Year
  • 2000 – One of the awardees of Ten Outstanding Young Americans
  • 2007 – Junior Achievement U.S. Business Hall of Fame
  • 2010 – Kentucky Entrepreneur Hall of Fame

Inspired by Papa John’s entrepreneurial skills? Know more about him by checking out his biography here!

Papa John Controversies

N-word and racist comments – In 2018, he was accused of racist comments to NFL players who knelt during the national anthem protests. In addition, he was also recorded using the n-word in a conference call. Because of these, different sports teams, including the Major League Baseball (MLB), NFL, and New York Yankees, canceled their affiliation with Papa John’s.

How Papa John Spend His Money

Now that we’ve already run through John’s career, let’s take a look at his extravagant properties in Florida, Kentucky, and Utah, his stunning vehicle collections, and his charitable contributions.

John Schnatter’s House

Papa John Schnatter lives in a 40,000 square foot castle located within an exclusive Louisville, Kentucky country club. Worth around $7 million, the Kentucky mansion is declared the most expensive house in Louisville. This mansion features a 22-car garage, guest house, private lake, and even a golf course.

Aside from this, Schnatter also reportedly owns a $23 million Deer Valley condo in Utah, and he also acquired the $23 million Deer Valley condo in Naples, Florida.

John Schnatter Cars

Papa John Cars

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John Schnatter’s car collection includes several Camaros. This collection includes the car he sold before to help his father’s business and start his own.

John Schnatter Private Helicopter

Aside from his car collection, he also reportedly owns a private helicopter.

Papa John Philanthropy

September 2019 – Schnatter donated $1 million to Simmons College, a private historically black college in Louisville, Kentucky.

October 2019 – He donated $500,000 to Jeffersonville High School, where he graduated, for its baseball field renovation. The school renamed the baseball field after him, the John H. Schnatter Stadium. 

Fun Facts About Papa John

  • Papa John has German ancestry. 
  • He referred to himself as the American dream.
  • Schnatter’s hands are insured for $15.3 million.
Check out John Schnatter net worth here at BounceMojo.com!

5 Lessons We Can Learn For Financial Freedom From

  1. Do not be afraid to take risks. You can’t win big if you won’t take risks. If the pizza entrepreneur didn’t sell his car, he wouldn’t have founded Papa John’s. Because he took a risk, he became a very successful entrepreneur and he was able to buy back his car and have his own car collection.
  2. You can make money doing what you love. Papa John Schnatter disproved the misconception that you can’t make money from doing the things you love because his success is based on his love for pizza.
  3. Investing in yourself is one of the best investments.
  4. Have multiple sources of income.
  5. Your reputation can be more valuable than your money. Everything you’ve worked hard for can disappear right before your eyes because of one wrong move, so we should always be mindful of all our actions.
To learn more about Papa Johns founder, visit us at BouceMojo.com!

Top 3 Quotes From Papa John

  • Find something you love to do. Work it to the bone. And you’ll be successful.
  • Better ingredients, better pizza – it’s not a slogan. It’s a way of life.
  • If you don’t take care of the people doing the heavy lifting, they will burn your castle down.

Frequently Asked Questions (FAQs)

Who owns Papa John’s 2021?

Papa John’s International is a publicly-traded company, with 25% of its shares owned by Papa John Schnatter.

How much of Papa Johns does Peyton Manning own?

Former National Football League star quarterback Peyton Manning, who led the Broncos and Colts to Super Bowl victories, owned 31 Denver-area Papa John’s Pizza sites from 2012 until 2018.

What age does Papa John’s hire?

Restaurant Team Members must be at least 16 years of age and enjoy working with people in a fast-paced team environment.

Conclusion: Papa John Net Worth, Bio, Lifestyle

So there you have it, that’s everything we have on John Schnatter net worth.

My biggest takeaway from this article is how one mistake could cost you the things you’ve worked so hard for in the last decades. There’s no doubt that Schnatter’s efforts made Papa Johns what it is today. Unfortunately, one simple mistake resulted in a series of unfortunate events in his career and personal life.

To not repeat the same mistakes he made, let’s all be mindful of how our thoughts and statements affect others.

I hope you enjoyed reading about Papa Johns former CEO! For more net worth articles like this, visit us at BounceMojo.com!

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