Burger King
Most people think of fast food when they think of the United States. Burger King is one of many locally owned and operated businesses in the area. In 1954, David Egerton and James McLamore opened the first “Insta Burger King” location in Miami, Florida. They had no idea it would become a well-known brand around the world.
For the first time in a decade, they were able to sell the company. It has been owned by several different people since then. Restaurant Brands International, a Canadian corporation, currently owns it. BK continues to receive financial support from 3G Capital, a New York City-based firm.
Trader Joe’s
There has always been fierce competition in the convenience store industry for as long as it has existed. In densely populated areas, this is especially true. During the summer of 1967, a man named Joe Coulombe began stocking his Monrovia, California, store with exotic and hard-to-find foods in order to lure customers away from 7-Eleven and into his establishment.
His plan worked out well. Despite the fact that the company became well-known, he sold it in 1979. It is currently owned by Theo Albrecht, who also owns Aldi Nord, a large German grocery chain, and other businesses. He is estimated to have a net worth of over $16 billion, in addition to coming from a wealthy family. Whoa.