Chase Peterson Withorn - Profile and Journalist Details
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Chase Peterson Withorn
Verified
Deputy Editor, Wealth, Forbes
Beats
Science & technologyBusiness FinanceCareers
market, stock
Content
By Chase Peterson-Withorn, Chase Peterson Withorn Verified| Forbes Verified Raising Cane’s might not sell much—chicken tenders, crinkle fries, Texas toast, coleslaw and one sauce—but it sells a whole lot of it. Last year, the fast-food chain dished out $5.1 billion worth of the stuff, its best year yet, according to 2024 financials obtained by Forbes. That’s enough to make Todd Graves, the company’s founder and CEO, a whole lot richer. Forbes estimates that Graves has nearly doubled his net worth, to $17.2 billion, on the back of Cane’s banner results.
By Chase Peterson-Withorn, Chase Peterson Withorn Verified| Forbes Verified Here are the wealthiest people on Forbes' annual rich list. Forbes has been scanning the globe for billionaires since 1987. We found 140 of them that first year. It took two decades for their numbers to swell beyond 1,000. Then there were 2,000 in 2017. Now, eight years later, another milestone: 3,028 entrepreneurs, investors and heirs make up this year’s ranking, 247 more than a year ago.
By Chase Peterson-Withorn, Chase Peterson Withorn Verified| Forbes Verified Raising Cane’s might not sell much—chicken tenders, crinkle fries, Texas toast, coleslaw and one sauce—but it sells a whole lot of it. Last year, the fast-food chain dished out $5.1 billion worth of the stuff, its best year yet, according to 2024 financials obtained by Forbes. That’s enough to make Todd Graves, the company’s founder and CEO, a whole lot richer. Forbes estimates that Graves has nearly doubled his net worth, to $17.2 billion, on the back of Cane’s banner results.
Company Info
Forbes
United States