Todd Graves Net Worth, Wife

Todd Graves is famous for founding Raising Cane’s Chicken Fingers, a food company that deals with fried chicken finger meals.

Over the years, different top bodies have greatly recognized Todd Graves, including USA Today, Forbes, Rolling Stone, and more. Apart from being an entrepreneur, Todd Graves is famous for his philanthropic work and has donated to charitable organizations.

What Is Todd Graves’ Net Worth

Todd Graves has a net worth of $155 million. His primary source of wealth comes from his business, Raising Cane’s Chicken Fingers. He also made a few TV appearances, contributing a little to his wealth.

Sit back and enjoy this article if you want to learn more about Todd Graves. The article will discuss Todd Graves’s annual income, early life, personal life, career, achievements, and awards.

Todd Graves Net Worth Growth

Todd Graves has continued to grow his net worth yearly. Indeed, there has been massive growth over the past three years, and he is not showing any signs of giving up on growing his wealth.

In 2019, Todd Graves recorded an annual net worth of $80 million. The net worth will increase to $110 million in 2020 and $125 million in 2022.

Todd climbed higher in 2022 with a net worth of $135 million. He recorded a $155 million net worth in 2023. His business, Raising Cane’s Chicken Fingers, has over 567 units.

However, each is believed to make an annual revenue of $4 million. As of 2021, all the locations of his company made $2.377 billion.

How Did Todd Graves Get Rich?

Todd Graves’s net worth mostly comes from his restaurants. Todd was a kitchen enthusiast right from childhood, so when he grew up, he started saving.

He got some capital working as a commercial fisherman and managed it judiciously. He also obtained loans from friends and family.

Todd had to sell all his assets, including the boat he used for fishing, to fund his dream restaurant. He started with a total of $250,000.

Although his resources were limited, he succeeded in opening his first Raising Cane restaurant in Baton Rouge, Louisiana, in 1996. Over the years, the restaurant continued to expand rapidly.

Todd Graves started saving more from the proceeds he got from the restaurant, even with his limited resources. Todd began with a simple and focused menu, contributing to low costs and high business quality.

Biography

Todd Graves was born on February 20, 1972, in New Orleans, Louisiana, USA. However, there is no available information regarding his parents and siblings.

Todd Graves has loved the food business since four years old. He began his childhood education at Episcopal High School in Baton Rouge.

He went to Louisiana State University and had a degree in finance. He worked in different restaurants before establishing his own.

Career And Awards

Todd Graves ventured into his first business at age four. The young lad would stand by the roadside to sell lemonade. He has been motivated since childhood and has always wanted to be a top businessman and restaurant owner like David A Arnold and Cheslie Kryst.

Todd owns different food companies that mostly focus on chicken food. He developed an interest in this field right from his university days. He scored low grades most times in school after taking up business assignments to miss class.

He started working as a fry cook to get more experience. He sent many projects to financial institutions during this time but was turned down. He was advised to take a real job.

Todd was motivated and took up jobs to save for his dream restaurant. He worked hard to save money. He opened his first restaurant at the North Gates of American State University.

However, Todd needed help to open the restaurant and had to team up with his friend Craig Silvey. They made a $30 profit in the first month.

After these tough times for Todd’s business, he is the chairman of 360 restaurants in the United States.

Todd Graves has his business in Bahrain and Kuwait. Todd received recognition from top media, including Fox News Network, USA Today, and more.

TV Career

In 2020, Todd launched a new TV Series called Restaurant Recovery which went on air a year later. The series, with ten episodes, featured the businessman’s chronicles touring the country to help restaurants from shutting down during the COVID-19 pandemic.

In 2020, Todd appeared in the Q episode of Built for Business, where the Cruising Kitchens team custom-developed two trucks for his food business. He also appeared on Fast N Loud, Food Court Wars, and more.

He appeared on the Fox Broadcasting reality TV show, “The Secret Millionaire,” in 2008, featuring some of the country’s millionaires leaving their wealth to explore poor communities in need.

Awards And Achievements

Over the years, Todd Graves has landed notable awards and achievements. In 2008, he won the Ernst & Young Entrepreneur Award.

In 2012, he won the Restauranteur Award from the Louisiana Restaurant Association. In 2013, He was named Louisianan of the year by Louisiana Life Magazine.

He was ranked #28 in Glassdoor’s 2019 Top CEOs. He won the SCORE award for socially progressive business in 2010.

Investments And Endorsements

Todd Graves keeps investing in his business, both in the U.S. and in other places. His businesses are his direct investments, and Todd has opened about 500 units of his restaurants.

Personal Life

Todd is married to his long-term lover, Gwen. His marriage with Gwen produced two kids, a boy, and a girl. Todd and his family live in Baton Rouge.

FAQs

Does Todd Graves love Dogs?

Besides his love for the restaurant business, Todd was an avid dog lover. While in school, he even trained dogs.

He has won many awards for his training skills by participating in dog shows.

How does Todd Graves spend his money?

Todd Graves is a popular philanthropist. He is known to help the needy and care for pets with his money.

He supports needy children across the U.S. with 25% of his money. He also supported them during the Katarina disaster.

Why is it called Raising Cane’s?

Todd admitted he named his restaurant after his dog, a yellow Labrador Retriever, Raising Cane.

He reported that the dog was always close to him and was with him while the idea of the restaurant popped up in his mind.

Is Raising Cane’s dog still alive?

No. Raising Cane II, the inspiration behind the restaurant name, died at 17.

The company’s official Facebook page posted that the dog was also a certified pet therapy dog.

Did Snoop Dogg visit Raising Canes?

Snoop Dogg visited Raising Canes fans in Fayetteville for his new album promotion.

However, customers at the restaurant could not recognize Snoop Dogg even while receiving their food from the music star.