Gallery

Name

Peter Buck

Primary Residence

Danbury, Connecticut

Education

Bachelor of Arts/Science, Bowdoin College | Doctorate, Columbia University | Master of Arts, Columbia University

Citizenship

United States

Affiliated Companies

Doctor's Associates (Subway)

Forbes Self Made Score

Source Of Wealth

Subway sandwich shops, Self Made

Net Worth

$1,800,000,000

Forbes Profile

https://www.forbes.com/profile/peter-buck

Forbes 2019 Billionaires List Rank:

1425

Forbes List Rank One: Title

#1425 Billionaires 2019

Forbes List Rank One: Link

https://www.forbes.com/billionaires/

Forbes List Rank Two: Title

#350 Forbes 400 2017

Forbes List Rank Two: Link

https://www.forbes.com/forbes-400/

Summary

In 1965, Peter Buck lent Fred DeLuca $1,000 to start a sub shop in Bridgeport, Connecticut. It eventually became restaurant chain Subway. Buck and DeLuca cofounded Doctor's Associates Inc. in 1966, the franchisor of Subway restaurants. Sales have slid for several years, and in 2017 the company closed nearly 900 stores (net) acrossthe U.S.Deluca died in 2015 and his sister ran the business for a few years. A new CEO came on board in May 2018.In the past five years, Buck has donated over $200 million towards his PCLB Foundation, which supports organizations that focus on family issues.

Did you know?

Subway is entirely franchise owned with more than 44,000 locations around the world. The first sub shop DeLuca opened with Buck's money in 1965 was originally named Pete's Super Submarines. The name Subway was not used until 1968.

Age

Number of Children

Wikipedia

https://en.wikipedia.org/wiki/Peter_Buck_(restaurateur)