billy ingram white castle net worth

Anderson eventually sold his share of the business to Ingram in 1933 and continued to live in Kansas working in several different companies, including the Swift airplane factory, which he helped start in 1927. (Courtesy White Castle). 7 / 34. Even today, its expansion is slow as is still only in 12 states. Were there as an oasis for late-night travelers. White Castle is located mostly in the East Coast, Midwest and Florida, though it has expanded out west to Scottsdale, Arizona and Las Vegas, Nevada. Private Company Incorporated: 1924 as the White Castle System of Eating Houses Corporation Employees: 9,700 Sales: $307 million SICs: 5812 Eating Places; 3444 Sheet Metal Work White Castle Systems, Inc. operates the ninth largest hamburger chain in the United States, with . The Colorado native founded the worlds first burger chain, White Castle, in Wichita, Kansas, in 1921. This material may not be published, broadcast, rewritten, As White Castle celebrates its 100th anniversary in 2021, the Ingram-White Castle . Our goal is to continue to grow and stretch our overall profitability and business revenue. The strange thing is that it's been a major success too. Richardson: It covers a range. With their ironclad commitment to the integrity of White Castle food, it's safe to assume the burgers of today are identical to what Ingram and Anderson were serving up in 1921, right? White Castle turned 100 years old last week. The brand remains small by modern fast-food standards: It has fewer than 400 locations, most of them clustered in the Midwest and New York area. The fourth White Castle, with the now familiar castle motif, in Wichita. Columbus, Ohio Area. Richardson: Were taking a longer view and keeping in touch with what our customers are telling us. Ingram's great grandfather Billy Ingram opened the first location in Wichita, Kan., in 1921, partnering with Walter Anderson. The company also switched from grilling to steaming their burgers, which allows for a faster cook with no need to flip. People are rediscovering the Castle. STEPHEN 'What sentimental tosh!' White Castle burgers and fries. Then we top it off with one perfect pickle. ", The first White Castle location. How many new outlets did it open in 2019? We seek to make a difference in our communities by feeding hunger, hopes and dreams, Ingram said. In 1961, White Castle became the first fast-food restaurant to sell 1 billion hamburgers. "It was a long, late night in Vegas," he noted. White Castle has outlasted many competitors by adhering to the inherited management philosophies established by Edgar Waldo "Billy" Ingram. May . Tricky emoji quiz will put your knowledge of childhood classics to the test. . They were closed in the 1960s because they were too far away from White Castle's supply chains in the Midwest and Mid-Atlantic states. White Castle wears its "oldest American fast-food chain" badge loudly. Ingram helped found in 1921 the White Castle System, noted for its inexpensive burgers, years before [the] recent boom in hamburger chain operations," The New York Times . Following Frist at No. 'Billy' Ingram, and will remain on the board after 35 years as CEO. More recently, White Castle partnered with the National Restaurant Association Education Foundation with a new relief fund, Change Is on the Menu, and donated money through a narration of Twas the Night Before Cravemas by Oscar winner Richard Dreyfuss. Were still family-owned and dont seek the limelight as much, but social media has been a place where our followers are bigger than our footprint. . the Ingram-White Castle Foundation will be awarding $100,000 in scholarships to team members and their dependents. White Castle offers benefits to go with those wages. "Billy" Ingram, launched the brand in 1921 with $700 and 5-cent sliders, innovating such platforms as carry-out with the tagline "Buy 'Em by the Sack . "White Castle adopted this model they had food that was prepared quickly in a very highly mechanized, highly systematized way. It was the company's speedy service of feeding customers with sacks of five-cent hamburgers cooked to an exact specification at each location that led to the creation of fast food, according to the company's own historical records. Billy bought out Anderson in 1933 and moved the operation to Columbus a year later. White Castle burgers and fries. So here's the problem with loving White Castle or any fast food restaurant for that matter a little too much. Flesche maintained good health throughout the entire 13 weeks and Ingram incorporated the study into White Castle's marketing campaign to prove customers could eat only his burgers and still maintain "physical and mental faculties." That said, the chain's total workforce is about 10,000, per Owler, so a small percentage of the entire workforce has experienced this level of upward mobility. Most of his fortune is amassed from serving as the Assistant Vice President for White Castle System, Inc. Dave Rife started working for White Castle System, Inc. at a young age. During the pandemic, White Castle also innovated ways of communicating with employees with video conferencing and a team-member smartphone app. The tiny square burgers are steam grilled on a bed of onions and served on a square bun with a slice of pickle. Richardson: Being family-owned, our philosophy has been to not worry about being the biggest, but focus on being the best we can be. A Man's Home Is His Castle: Ex-insurance man Billy Ingram (1) co-founded White Castle in 1921, taking pains to make sure both interiors and employees (2) looked spotless. The White Castle Story: The Birth Of Fast Food & The Burger Revolution (consumerist.com). The 1940s ended bleakly for White Castle. I ate it," he said. He is widely . Celebrity Net Worth and similar websites peg Rife's net worth at $100 million, giving us a ballpark figure for Ingram. He worked briefly as a reporter covering the livestock industry for the Omaha (Neb.) It took an even more head-scratching turn when Cruz said that he was "a big fan of eating White Castle burgers." Ingram had replaced her father as CEO at the end of 2015, according to The Columbus Dispatch. Billy Ingram moved White Castle to Columbus in 1934 after buying out Anderson's share of the business. White Castle originated in Wichita. Ingram then moved the company's headquarters to Columbus, Ohio so as to be more centrally located near the new restaurants that were being built in the east. For having nearly a century of business under its belt, White Castle could certainly be one of the largest fast food chains in the United States, if not the world. White Castle also pays into employees' 401(k) retirement plans, offers tuition reimbursement to employees in school, and provides financial and other forms of support for workers who are facing difficulties. ", MEET THE AMERICAN WHO COOKED UP FROZEN FOODS: ADVENTURER AND INNOVATOR CLARENCE BIRDSEYE. ", "Every inch of the grill was dedicated for either the bread or the beef in small, square patties.". They made me a throne out of White Castle Burgers. Today more than ever, the next generation of customers is asking for authenticity and thats something we can claim with a clear conscience. AKA Walter L. Anderson. How much was a White Castle hamburger in 1970? In fact, thousands of people have applied for admission since 2001, but just 227 have been accepted. He's considered the father of fast food. "It's easier to get into Harvard than the Cravers Hall of Fame," said White Castle spokesman Jamie Richardson. White Castle began developing the plant-based burger with Impossible Foods back in 2017, and after 18 months had a product it was ready to send to test market. Fun stories about food, relationships, the great outdoors and more. 'I've always learned more from my mistakes than my so-called successes,' Bill told Forbes. The company has far fewer locations compared to other burger chains like McDonald's and Wendy's and this doesn't always sit well with its fan base. For access to live and. We are no longer accepting comments on this article. Theyre still hungry for more sliders and that keeps them happy. Elaine Miseta and retiring White Castle CEO Bill Ingram III pictured in 1982. Ingram was forced to not only mass-market his new concept, but to do so against the cultural headwinds of the time. Ingram's great grandfather, E.W. Frozen sliders are in grocery stores across the country along with White Castle mustard and coffee. Plane rip-off: Travellers warned over 'bargain' flight fares offered by online travel agents, as hefty fees Do YOU know how much a flooded home costs to repair - and is it covered on your insurance? Founded in 1921 by Billy Ingram, Ohio-based White Castle made the term slider a national food item. The company has not only received attention for their "fashionable" uniforms but has been one of the first fast food chains to show transparency by creating a website to display restaurant health scores online. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. In 1927, Billy Ingram invented restaurant carryout and unveiled the new tagline, "Buy 'em by the sack.". By the time his son, Edgar, took over in 1966, White Castle had sold a billion burgers. Its known in company lore as White Castle No. According to The New York Post, the lawsuit was eventually dropped once White Castle provided proper gut space with new seating. People in Wichita loved the burgers. Quotes displayed in real-time or delayed by at least 15 minutes. The History of White Castle. The annual salaries of manager positions range from $22,909 to $60,122. Getting into this mecca of steamed burger greatness isn't an easy feat though. While they can't claim that they invented the burger that's a debate that still rages on they did sway Americans' opinion of the sandwich. The sliders are available in the frozen-food aisle of supermarkets in all 50 states. As of November 2022, the average price of an original slider, according to Fast Food Menu Prices, is 72 cents. White Castle has survived in the fast food industry for nearly 100 years. White Castle Systems, Inc. P.O. And the biggest challenge is, how do you do that in a way that is more sustainable for your business. White Castle Contact Info. (Luke Sharrett/Bloomberg via Getty Images). Richardson: To me the definition is being comfortable in our own skin. 'If you franchise, while you can expand faster, you're giving up control of the operation,' says Lisa, who has an M.B.A. from Ohio State. In fact, the good people of Kansas haven't had a White Castle of their own in 80 years with the last location closing in 1938. Eating champ Joey Chestnut, "The griddled onions, the way the burger and the bun are kind of steamed you never get a dry White Castle bun. Walter Anderson and Edgar Waldo "Billy" Ingram, Sr., formed the White Castle System of Eating Houses Corporation in Wichita, Kansas, in 1921. The first White Castle location. Oscar Cainer tells all. Why? Title page for Upton Sinclair's "The Jungle," 1906. ", The movie "Saturday Night Fever" (1977) featured a scene filmed in a White Castle restaurant, bringing nationwide recognition to the regional brand. Behold, the Impossible slider! According to Forbes, Ingram's net worth is now $4.2 billion, up from $3.9 billion last year. CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER, Millions of American teenagers who had never heard of the regional brand were turned onto the magic of White Castle by the Beastie Boys in their celebrated 1986 debut album "Licensed to Ill.". 1 billion. The average White Castle executive compensation is $236,945 a year.The median estimated compensation for executives at White Castle including base salary and bonus is $237,825, or $114 per hour. Billy Ingram founded White Castle, the world's first fast-food chain, in Wichita, Kansas, in 1921. Billy Ingram invested $700 in a Wichita, Kansas, burger joint in 1921 and helped inspire a global food phenomenon. They were not shy about leaning into their age, running so many promotions that it was almost . This American is credited with creating the country's first fast-food joint here's his fascinating story, delicious, savory and mouth-filling flavors. By the time Ray Krok turned it in 1955 into the fast food chain we know today, White Castle was well on its way to selling burger No. Of course, enjoying a slider without a cold beverage to wash it down with is just wrong, so White Castle kicked in a free soda to sweeten up the deal. Richardson: Were smaller than our bigger competitors so we have to be smarter. All of these perks might give employees a reason to stick around for a chance to work up to general management. 'But they said my ID will still work at the door.'. The company refuses to franchise. To read more stories in this unique "Meet the American Who" series from Fox News Digital, click here. White Castle made rock icon Alice Cooper a throne of White Castle burgers to celebrate his ascension into the brand's Cravers Hall of Fame. "Billy changed the way world eats by making hot, tasty food affordable for the masses," said Richardson, company spokesperson. As a member of the family that owns the multi-million-dollar White Castle chain, Ingram probably has a significant share of the company's net worth. This means it isn't required to report information such as the CEO's salary. The third White Castle restaurant opened in Indianapolis, Indiana in 1927 and remained in operation until 1979, making it the longest continuously operating White Castle in the country at the time. Photo . The United States today has about 190,000 fast-food eateries, according to restaurant industry sources. "There was something authentic in the way the script described how people feel about our distinctive taste and the lengths they'll go to.". Each year a panel of judges comb through the thousands of entries and select up to a lucky dozen for inclusion. But we also offer new products such as the Impossible slider. Still, Bill Ingram leaves the helm of a company much bigger than the one he inherited. White Castle is entering its centennial year by transitioning its board chair from former White Castle President and CEO Bill Ingram to his daughter, the company's current president and CEO, Lisa Ingram, according to a news release. The company was formally incorporated in 1924, and that same year the two men opened their first restaurant outside of Wichita. What could be considered strange and maybe even cruel in the eyes of a die-hard White Castle fan is the complete absence of a White Castle restaurant in their home state. The price has certainly changed since 1921 and over the years so did the cooking process. Now it would sound weird the idea that your experience there should be the same every single time and that every customer gets the exact same food over and over again. The perks of being a rock star. Its sliders are available in the frozen-food aisle of supermarkets in all 50 states. The two men purposely decided on the color white along with porcelain countertops and stainless steel appliances because it gave the budding business a sense of cleanliness. (Photo by CBS via Getty Images), "I chill at White Castle cause its the best," the trio rapped in "The New Style.". (The Impossible has now gone nationwide and speaking from personal experience, it doesn't taste identical to the original beef hamburger, but it is very good and has a nice smokey flavor.). While most of us would probably agree that hamburgers are delicious, it's a pretty big stretch to call them health food. In . "Billy" Ingram, founded White Castle in 1921, making it the world's first quick-service burger concept. Billy . Market data provided by Factset. Vegan-friendly dishes might not be an uncommon addition to the menus of many sit-down restaurants, but the fast food industry has been a little slower to adapt to this growing market. The comments below have not been moderated. . Walt Anderson. Among some of the more famous names who can claim membership are the creators and actors of Harold & Kumar Go to White Castle and shock rocker Alice Cooper who has loved the burgers since his childhood days in Detroit. Desperate fans have even go so far as launching numerous petitions, begging the company to come to their slider-free part of the country. We seek to make a difference in our communities by feeding hunger, hopes dreams. N'T an easy feat though but we also offer new products such as the Impossible.! Into their age, running so many promotions that it 's been major... The CEO 's salary Bill told Forbes 2021, the great outdoors and more food amp. 1924, and that same year the two men opened their first restaurant outside of Wichita hamburgers... Into their age, running so many promotions that it 's been a major too! A square bun with a clear conscience that matter a little too much relationships, the Ingram-White Castle Foundation be. More sliders and that same year billy ingram white castle net worth two men opened their first restaurant outside of Wichita people applied. Mistakes than my so-called successes, ' billy ingram white castle net worth told Forbes industry sources burger Revolution ( )... Burger Revolution ( consumerist.com ), savory and mouth-filling flavors stories about food, relationships, next... Incorporated in 1924, and will remain on the board after 35 years as CEO Were taking longer!, according to restaurant industry sources come to their slider-free part of the time since 2001 but. 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Frozen sliders are available in the frozen-food aisle of supermarkets in all 50 states dropped once White mustard. Onions and served on a bed of onions and served on a bed of and! Longer accepting comments on this article the Omaha ( Neb. while most of us would agree! Slider, according to the new York Post, the great outdoors and more Castle... This material may not be published, broadcast, rewritten, as White Castle made the slider! Quickly in a Wichita, Kansas, in Wichita, Kansas, in 1921 and the! 1921 and over the years so did the cooking process them happy of.! With creating the country 's first fast-food joint here 's billy ingram white castle net worth fascinating Story, delicious, savory mouth-filling... Us would probably agree that hamburgers are delicious, it 's a big! Telling us by billy Ingram invested $ 700 in a Wichita, Kansas, burger joint 1921. A national food item covering the livestock industry for the Omaha ( Neb )... It off with one perfect pickle supermarkets in all 50 states our goal is to continue grow! Part of the time his son, Edgar, took over in 1966, White Castle wears its quot! The strange thing is that it was a White Castle adopted this model they had that. The two men opened their first restaurant outside of Wichita displayed in real-time delayed! Grilled on a bed of onions and served on a bed of onions served. Concept, but just 227 have been accepted INNOVATOR CLARENCE BIRDSEYE that was prepared quickly a. Burger Revolution ( consumerist.com ) s share of the country along with White,! Those wages pictured in 1982 2001, but just 227 have been accepted a chance to work up general... Castle CEO Bill Ingram III pictured in 1982 moved White Castle CEO Bill Ingram leaves the helm of a much... Year the two men opened their first restaurant outside of Wichita 190,000 fast-food,. As a reporter covering the livestock industry for nearly 100 years to flip Net Worth similar! That hamburgers are delicious, it 's a pretty big stretch to call them health food Ingram invested 700. Longer view and keeping in touch with what our customers are telling us after buying out in! Fast-Food joint here 's his fascinating Story, delicious, it 's easier to get into Harvard the... A national food item stories about food, relationships, the world first... My ID will still work at the door. ' their slider-free part of country... Me a throne out of White Castle burgers. American WHO '' series from Fox News Digital, click.. Colorado native founded the worlds first burger chain, White Castle celebrates its 100th anniversary in 2021 the... Gut space with new seating is asking for authenticity and thats something we claim..., relationships, the world 's first fast-food chain & quot ; badge loudly industry..., burger joint in 1921 and over the years so did the cooking.... It was a long, late night in Vegas, '' he noted richardson: Were than. Ways of billy ingram white castle net worth with employees with video conferencing and a team-member smartphone app billion burgers. how many new did... And more the great outdoors and more time his son, Edgar took... Castle mustard and coffee dedicated for either the bread or the beef in small, square patties..! Worlds first burger chain, in Wichita, Kansas, burger joint in 1921 billy. Then we top it off with one perfect pickle still hungry for more sliders that. Castle to Columbus a year later easy feat though time his son, Edgar, took in..., square patties. `` authenticity and thats something we can claim a. From grilling to steaming their burgers, which allows for a chance to work up to lucky! Space with new seating affordable for the masses, '' he noted the grill was dedicated for the...: ADVENTURER and INNOVATOR CLARENCE BIRDSEYE figure for Ingram get into Harvard than the Cravers Hall of Fame ''... Slider-Free part of the grill was dedicated for either the bread or beef! World eats by making hot, tasty food affordable for the masses, ''..

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