American Entrepreneur John Schnatter Net Worth 2023′ The renowned American entrepreneur John Schnatter is the pizza restaurant chain Papa John’s International Inc. founder, former CEO, and former chairman.
The Indiana native began his business by selling his car and using the proceeds to buy used restaurant equipment. His passion and hard work made him one of the best entrepreneurs.
The former CEO of Papa John’s International Inc. was married to Annette Cox for three decades before separating in 2018.
Besides his professional career, the businessman’s personal life surrounds significant curiosity. People are asking if Papa John’s former CEO is gay.
Is Papa John Ceo Gay? John Schnatter Sexuality, Partner
Papa John’s founder John Schnatter doesn’t seem to be gay. He was married to Annette Cox for over three decades. The former couple even had three children – Kristine, Beau and Danielle Schnatter.
The Indiana native has not been in a relationship since divorcing his wife in 2019, which might have made people question his sexual orientation. However, it is safe to say that the entrepreneur’s sexuality is straight.
Schnatter walked down the aisle with Annette Cox on 11 April 1987 and lived in Anchorage, Kentucky. John’s ex-wife filed for divorce on 5 December 2019.
Cox disclosed that she had been separated from John for eight months (April 2019). She wrote that the marriage was irretrievably broken.
As reported by Heavy, John Schnatter’s ex-wife owns a Papa John’s franchise in Louisville. She has been highly involved in the business with her husband and has owned the franchise since the late 1980s.
While operating under Papa John’s brand name, the Company is registered as Joe K Corporation. It employs fewer than 50 individuals. Moreover, the annual report submitted in June 2019 reveals that the franchise earns nearly $1 million annually.
John Schnatter Admired His Wife A Lot
John Schnatter and his former wife, Annette, had been together since the early days of Papa Johns’s. The former couple got hitched three years after selling pizza out of the converted broom closet.
In an interview in 2013, the entrepreneur praised Cox as the finest human being he had ever met. John added that Annette is the best franchise operator in Papa John’s system.
Annette was involved in a car accident when she was pregnant with Danielle. The incident forced her to give premature birth. John Schnatter’s daughter was born with cerebral palsy.
But the entrepreneur and his spouse shared that Danielle leads a normal life thanks to countless therapies and operations. The Schnatter-Cox daughter is a doting mother of two kids with her husband, Evan McWhirter, a real estate agent.
American Entrepreneur John Schnatter Net Worth 2023
Papa John Net Worth And Career
As reported by Celebrity Net Worth, Papa John Schnatter’s net worth is $400 million.
The former CEO of Papa John’s became a national celebrity after appearing in a series of national commercials with the signature phrase, “better ingredients. Better Pizza. Papa Johns.”
Since the founding of Papa John’s pizza in 1984, the Company grew insanely until the early 2010s. John Schnatter’s downfall with the pizza Company began in 2012.
The entrepreneur publicly criticized the Affordable Care Act. The storm passed shortly. However, another one brewed in 2017 after he blamed NFL openly for his Company’s poor financial performance.
As a result, John stepped down as CEO in early 2018. He continued to remain chairman of the board until July 2018. After his derogatory remarks on a conference call were made public, he abruptly left the Company in July 2018.