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Raymond Albert Kroc (October 5, 1902 – January 14, 1984) was an American businessman, widely regarded as the "Founder of McDonald's" for his role in turning the singular hamburger stand into the most successful global fast food corporation by revenue.
Ray Kroc transformed a small family-owned burger stand into McDonald's, the world's biggest fast-food empire.
The Founder is a 2016 American biographical drama film directed by John Lee Hancock and written by Robert Siegel.Starring Michael Keaton as businessman Ray Kroc, the film depicts the story of his creation of the McDonald's fast-food restaurant chain, which eventually involved forcing out the company's original founders to take control with conniving ruthlessness.
In 1956, Ray Kroc met Harry J. Sonneborn, a former vice president of finance for Tastee-Freez, who offered an idea to accelerate the growth and investment grade of Kroc's planned McDonald's operation: to own the real estate upon which future franchises would be built. Kroc hired Sonneborn and his plan was executed by forming a separate company ...
AP. By the late 1960s, McDonald's had ditched the two-arch design, with the golden arches appearing instead on signs. This is the era in which Ray Kroc had taken over the business and was swiftly ...
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.
The biography Ray & Joan: The Man Who Made The McDonald's Fortune and The Woman Who Gave it All Away, published by Dutton in 2016, and written by Lisa Napoli, examines the Krocs' relationship. Kroc is portrayed by actress Linda Cardellini in the 2016 American biographical drama film The Founder. [23]
Opened on August 18, 1953, it is the third McDonald's restaurant outlet to be opened and is the second restaurant franchised by Richard and Maurice McDonald, before the involvement of Ray Kroc in the company. The outlet still retains the original, standardized Golden Arches façade design and is one of Downey's main tourist attractions