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Kroc and Fleming met in 1919, married in 1922, and then moved to Chicago, Illinois. Their daughter Marilyn was born in 1924. [38] He married his third wife, Joan Smith (née Mansfield) in 1969. Joan Kroc was a philanthropist who significantly increased her charitable
The couple's only child, a daughter named Linda, was born the following year. [7] Mansfield met McDonald's Corp. founder Ray Kroc, who was 26 years her senior, while playing the organ at the Criterion Restaurant in St. Paul, Minnesota in 1957. [8] [9] Ray said in his autobiography that he "was stunned by her blonde beauty". They were both ...
Kroc himself fully appreciated Martino's key role in the company and her loyalty in working long hours for little pay in the early years, rewarding her with an equity interest in the company. Thus, when McDonald's went public in 1965, Martino cashed in $300,000 of her holdings (equivalent to $2.3 million in 2018) and her remaining holdings were ...
Ray Kroc transformed a small family-owned burger stand into McDonald's, the world's biggest fast-food empire.
Kroc bought the company in 1961 for $2,700,000 (equivalent to $28,400,000 in 2024), calculated so as to ensure each brother received $1,000,000 (equivalent to $10,500,000 in 2024) after taxes. [ 15 ] At the closing, Kroc became annoyed that the brothers would not transfer to him the real estate and rights to the original San Bernardino location.
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Why 'Blue Bloods' star Tom Selleck's ex-wife, Jacqueline Ray, is currently serving an 18-year prison sentence. ... Security scare that led to diverted flight was hoax by 2 young children: FBI ...
Ray Kroc: 1974–1984 Joan Kroc: 1984–1990 Tom Werner: 1990–1994 John Moores: 1994–2012 Ron Fowler: 2012–2020 Peter Seidler: 2020–2023