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Joan Kroc was a philanthropist who significantly increased her charitable contributions after Ray Kroc's death. She donated to a variety of causes that interested her, such as the promotion of peace and preventing nuclear proliferation . [ 33 ]
Joan Beverly Kroc (née Mansfield, previously Smith; August 27, 1928 – October 12, 2003), also known as Joni, [1] was an American philanthropist and third wife of McDonald's CEO Ray Kroc. Early life
The brothers drew the attention of Ray Kroc, a milkshake mixer salesman for Prince Castle. [11] After they purchased eight of his Multi-Mixers for their San Bernardino, California restaurant, Kroc visited that restaurant in 1954. [12] That year the McDonald brothers hired Kroc as their franchise agent.
When she died in 2003, Joan Kroc stunned the Salvation Army when she left what amounted to $1.8 billion — roughly half her fortune —with instructions to carry out her wish for the centers.
At the Beginning. While today, the company boasts “billions served,” it wasn’t always that way. Ray Kroc bought the original McDonald’s from the McDonald brothers after visiting in 1954 ...
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 ...
San Diego Padres cap logo (1974–1984) Ray Kroc owned the team from 1974 until his death in 1984. In his first home game as the Padres' new owner in 1974, Ray Kroc grabbed the public address system microphone and apologized to fans for the poor performance of the team, saying, "I have never seen such stupid ballplaying in my life."
Kroc may have perfected a 728-pound bench press, an 810-pound deadlift and a 1,014-pound squat, but up until recently, there was a big part of Janae's life that was missing, even with all those ...