billy ingram white castle net worth

So here's the problem with loving White Castle or any fast food restaurant for that matter a little too much. The one . 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. One way the Ingram-White Castle Foundation honors that legacy today is to help students achieve their educational dreams through scholarships. In 2014, Time Magazine declared our iconic Original Slider the most influential burger of all time. White Castle employees are most likely to be members of the republican party. Anderson is credited with being the inventor of the hamburger California had its own version of White Castle with the slider joint Coastal Castle. He leaves the helm of a company much bigger than the one he inherited. Its sliders are available in the frozen-food aisle of supermarkets in all 50 states. Following Frist at No. At the turn of the new century, White Castle has continued to grow, with the expansion plan of opening 20 to 25 outlets each year. Our goal is to continue to grow and stretch our overall profitability and business revenue. The company was founded in 1921 by the late E.W. Founded on September 13, 1921, in Wichita, Kansas, it has been generally credited as the world's first fast-food hamburger chain. White Castle supplements its in-store product with a vast fast-food business. El negocio contina siendo una sociedad limitada y todos los restaurantes White Castle pertenecen a la compaa. Opinions expressed by Forbes Contributors are their own. . They also appointed outsiders to the company's board which was a success. Unlike many of its larger competitors, the privately owned chain has not relied on franchising to finance its growth. (Courtesy White Castle). The first McDonalds hamburger shop opened in 1940. Desperate fans have even go so far as launching numerous petitions, begging the company to come to their slider-free part of the country. White Castle wears its "oldest American fast-food chain" badge loudly. Powered and implemented by FactSet Digital Solutions. Were adding about three locations a year, including three or five in 2020. Local burger cook Walter Anderson (left) and entrepreneur Billy Ingram founded White Castle in Wichita, Kansas, in 1921. People in Wichita loved the burgers. Responsible for all financial aspects . Revenue was up a modest 1.8% in 2018. Billy Ingram bought out Walt Anderson's interest. White Castle hamburger Sliders move down a conveyor belt before being frozen, packaged and shipped to grocery stores at the new White Castle Co. Richardson: Our niche is distinctive food you cant get anywhere else. The small white brick building was even listed as a historic landmark by the National Park Service in 2011. The Colorado native founded the world's first burger chain, White Castle, in Wichita, Kansas, . There are now 400 restaurants in 13 states. For example, at a White Castle in Brooklyn, New York, its classic burger, really a slider, costs 85 each, its small French . The Ingrams 'worship the past,' says David Gerard Hogan, professor of history at Heidelberg University and author of Selling 'Em by the Sack: White Castle and the Creation of American Food. Bill Ingram helped start the company's successful consumer packaged goods business in 1986, which supplies grocery stores all over the United States. ", The movie "Saturday Night Fever" (1977) featured a scene filmed in a White Castle restaurant, bringing nationwide recognition to the regional brand. "His hamburger sandwich proved popular enough for Anderson to open three hamburger stands in Wichita between 1916 and 1920.". Photo: @mrzbreeze / Instagram The tiny White Castle "slider" cost just 5 cents in 1921, which amounts to about 66 cents today. Americans are expected to spend $330 billion on fast food in 2022. The burger chain almost didn't even happen because Ingram had plans to go into the insurance business, but only decided to switch gears after meeting Anderson and being convinced that hamburgers were the way to go. His original slider hamburger cost just 5 cents 101 years ago. Their original Slider sold "By the Sack" was recently declared the "most influential burger of all time" by a major magazine. There's a reason that it's called White Castle and not green or blue Castle. He invested $700, they formed White Castle and they opened their first eatery together in 1921 on Main Street in Wichita. Its distinctive white castle buildings adorned towns early in 1921, when it was founded by Billy Ingram. 'Bill' Ingram III to the Columbus Dispatch. It partners with a slew of vendors including GrubHub, Uber Eats, DoorDash and Postmates. 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. Perhaps one day, White Castle will bestow the good people of Texas with a restaurant so Cruz and O'Rourke can hash things out over a case of sliders. She is even looking at a couple of new brands too: Laughing Noodle, a Chinese restaurant with three outlets in Ohio and Kentucky; Blaze Modern BBQ, a smoke joint with two locations in Indianapolis; and Deckers Grilled Sandwiches, a lunch food joint in Tennessee and Kentucky. As McDonald's and other burger franchises dominate the American landscape, White Castle with approximately 375 locations in 14 states, remains a modest . Businessman. Disclamer: White Castle (restaurant) net worth displayed here are calculated based on a combination social factors. Edgar Waldo "Billy" Ingram was born in humble circumstances in Leadville, Colorado, in 1880. Way back in 1933, the company packed up and moved its main headquarters to Columbus, Ohio where it has remained ever since. 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. The Colorado native founded the worlds first burger chain, White Castle, in Wichita, Kansas, in 1921. "In 1916, Anderson developed a different method of preparing a hamburger sandwich by flattening a ball of ground meat and cooking it with onions on a hot griddle for a short period of time," writes the Kansas Business Hall of fame. Distributing Plant in Vandalia, Ohio, on April 30, 2014. As White Castle explains on another part of its website, it also has a scholarship program for employees and their family members. (Courtesy White Castle), He added, "[White Castle] had these efficiencies built into it that really spoke to the fascinations of the era. "Knowing that we started in Wichita and that it is where it all began, we thought would be a great chance to bring some of the family members together," said Jamie Richardson, the company's VP. Ingram III) took over in 1992 and sits at the same mahogany desk in the same office as his grandfather. The new White Castle logo which has been an improvement but same concept as the old logo. "Hamburger was not a food that self-respecting moms would feed their family," said Richardson. By Sally M. Snell. The tiny square burgers are steam grilled on a bed of onions and served on a square bun with a slice of pickle. Getting into this mecca of steamed burger greatness isn't an easy feat though. The original Craver, Billy Ingram, founded White Castle in 1921 and created an American icon that is still family-owned today. The sliders are available in the frozen-food aisle of supermarkets in all 50 states. May . This material may not be published, broadcast, rewritten, or redistributed. Ingram was forced to not only mass-market his new concept, but to do so against the cultural headwinds of the time. (Images/Universal Images Group via Getty Images). . Billy bought out Anderson in 1933 and moved the operation to Columbus a year later. This American is credited with creating the country's first fast-food joint here's his fascinating story, delicious, savory and mouth-filling flavors. Not so fast, buddy! MEET THE AMERICAN WHO INVENTED THE CRASH TEST DUMMY, A LIFE-SAVING INNOVATION, "White Castles rise to cult status was nothing short of miraculous," raved burger enthusiast and "Howard Stern Show" radio personality Jon Hein in the debut episode of TV program "Fast Food Mania.". In 1933, the company made a transition in ownership. White Castle Systems, Inc. P.O. All they had to do was visit their website and print off or download the free slider coupon to their phone. Even with its history, the building hasn't always been a hot real estate commodity and it sat vacant for 15 years after being used as a real estate office and then a National Guard Recruitment office. It probably didn't hurt though that his manager is friends with the company's CEO Bill Ingram. 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. He's considered the father of fast food. The company also switched from grilling to steaming their burgers, which allows for a faster cook with no need to flip. Ahh, that explains it. He worked briefly as a reporter covering the livestock industry for the Omaha (Neb.) The burger eatery was the subject of the 2004 Hollywood comedy, "Harold & Kumar Go to White Castle.". when he and Ingram set out with $700 to open White Castle in . Ingram makes $188,280 a year in her second job as an independent director for M/I Homes, a public homebuilding company, according toWallmine. This level of focus on cleanliness and appearance has carried over to the modern day White Castle as well. 683 Million. Catering To Cravers For 90 Years (familybusinessmagazine.com). They made me a throne out of White Castle Burgers. We dont expect to add double digit numbers. The ground beef balls were then squashed and flipped over before a bun and pickle were added. He is one of the members of the family that owns and operates the . "W e first opened our doors in Wichita, Kansas, in March of 1921. White Castle. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. 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." Perhaps it's the small size of its iconic sliders, the mystique of its busy late night hours, or scarcity in certain states, but the company has been successful creating a "crave-worthy" business. While the rise ofmicro-holidays filling up social media might cause some to roll their eyes, these goofy holidays do have their perks. One man volunteered to help, and eat just his burgers for 13 weeks straight. (Courtesy White Castle). "I chill at White Castle cause its the best." `Edgar Waldo (Billy) Ingram, who co-founded the White Castle system of hamburger diners, at age 35. Another fourth-generation family member is Dave Rife, a White Castle assistant vice president who appeared on the show "Undercover Boss." 11% of White Castle employees are Hispanic or Latino. Billy Ingram founded White Castle, the world's first fast-food chain, in Wichita, Kansas, in 1921. White Castle burgers and fries. a White Castle wholly owned subsidiary originally founded as a way to prefabricate the chain's stores, specializes in manufacturing stainless steel fixtures and equipment not only for White Castle but for a . Chestnut and fellow competitive eater Matt Stonie recently savaged an order of 100 White Castle sliders in Las Vegas. 'I'd be really worried what that would do to the whole brand.'. Ingram has seen all aspects of foodservice. We dont take ourselves too seriously. What might surprise you is that this fast food empire all began with lil' old White Castle back in 1921. The tiny burgers, about 2 inches square, are still sizzled in onions today, the top bun steaming on top of the patty largely unchanged from the way Anderson cooked them years before. The old White Castle logo when Billy Ingram and Walter Anderson first opened their very first White Castle in 1921. "White Castle didn't make that hamburger famous, that hamburger made White Castle famous," Coastal Castle president Kenneth H. Clifford told the Los Angeles Times in 1985. This material may not be published, broadcast, rewritten, "The White [was] to connote cleanliness," said brand spokesman Richardson. Still, Bill Ingram leaves the helm of a company much bigger than the one he inherited. May 27, 2021, 05:00 ET. Billy . Their first hamburger building was inspired by the design of Chicago's Water Tower - in the shape of a castle. Ingram had replaced her father as CEO at the end of 2015, according to The Columbus Dispatch. Meanwhile, White Castle continues to expand its Craver Nation. 2023 FOX News Network, LLC. Grinning and bearing it? They are now married. Title page for Upton Sinclair's "The Jungle," 1906. "We've spent 65 years building up a reputation and we do not intend to have other people capitalize on it," Gail Turley, White Castle's director of advertising said. The first White Castle restaurant in Ohio was built in Cincinnati in 1927. "Billy" Ingram and Walt Anderson, who sold his interest to Ingram a few years later. En 1933, Ingram compr la parte de su negocio a Anderson, y traslad la sede de la compaa a Columbus . White Castle turned 100 years old last week. In . Indiana Landmarks then put it on the market for $70,000, where it sat for two years before it was finally purchased with a few stipulations, of course. Mutual Fund and ETF data provided by Refinitiv Lipper. THESE RESTAURATEURS BRAVELY OPENED NEW EATERIES AMID COVID PANDEMIC: DETERMINED' TO SUCCEED. On average, employees at White Castle stay with the company for 3.0 years. According to The New York Post, the lawsuit was eventually dropped once White Castle provided proper gut space with new seating. I think you fear a dilution of the company philosophy a little bit.. Ingram's great grandfather, E.W. 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. The foundation has also provided $1.5 million scholarships to full-time team members and their dependents. In 1999, in honor of the foundation's 50th anniversary, Mary and E.W. 99%. Here's the lowdown on this odd little burger chain. I ate it," he said. This refusal to franchise hasn't come without a cost, of course. after 99 years, located in Bloomington, Minnesota. White Castle Contact Info. Unless you've been living under a rock, you know "vegan"has become a major buzz word in the food industry in the last several years. Market data provided by Factset. The store offered a special in the early days selling five hamburgers for 10 cents. Now is the perfect time to segue to another group of hungry customers the company has embraced. With Lisa in charge from the start of next year, the company appears to be in good hands. "White Castles rise to cult status was nothing short of miraculous." Bee around 1900, before moving to Wichita to pursue his career in real estate and insurance. Ingram is the great-granddaughter of White Castle founder Billy Ingram, per Forbes, and Columbus Business First noted . Walt Anderson (AKA Walter L. Anderson) The family behind White Castle leaves that talk for the annual family meeting, in which the third, fourth . (Courtesy White Castle). Quotes displayed in real-time or delayed by at least 15 minutes. La direccin ha pasado posteriormente al hijo E.W. Today, the burgers are cooked by placing 36 frozen beef patties on a griddle over a bed of onions and water. 1 billion. Billy became really intrigued by this idea of the hamburger sandwich. While most of today's White Castle locations are modernized with drive-thrus and are far larger than their early counterparts, there are some of those early White Castle buildings still around. For access to live and. The White Castle Story: The Birth Of Fast Food & The Burger Revolution (consumerist.com). The Ingram-White Castle Foundation established its scholarship in 1989 to honor founder Billy Ingram's core belief in the importance of . "We invented National Slider Day as a special tribute to the fans who share that appreciation for the slider and share their Cravings with us," White Castle VP Jamie Richardson, said in a press release. In 1921, Billy Ingram launched a family-owned business with $700 and an idea, selling five-cent, small, square hamburgers so easy to eat, they were dubbed Sliders and sold by the sack. 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. This lack of gut space became a real problem when Kessman tried to squeeze into one of the booths and injured his knee in the process. Psychologist reveals the most common phrases that NARCISSISTS use to manipulate you during EVERY stage of a Can you solve this trivia riddle? Because the burgers . White Castle has had its share of imitators over the years, with most of its competition becoming just a footnote in fast food history. Richardson: It covers a range. Billy Ingram was followed as the head of the company by his son Edgar.W. Registered in England and Wales. Ingrams great grandfather, E.W. The burger chain almost didn't even happen because Ingram had plans to go into the insurance business, but only decided to switch gears after meeting Anderson and being convinced that hamburgers were the way to go. (Images/Universal Images Group via Getty Images). Fast-food expert Jon Hein. Any team member who encounters an unexpected hardship can apply for a confidential relief grant of up to $1,500. When this reporter played in a roller hockey league in Bayside, Queens many years ago, he and his teammates would dine at a local White Castle. White Castle still offers a value meal as it did when it first started. Its classic white castle buildings adorned cities starting in 1921 when it was started by Billy Ingram. As White Castle celebrates its 100th anniversary in 2021, the Ingram-White Castle . When Mr Ingram finally walks out of the door as he steps down from his position, he'll be handing the reins over to his daughter, Lisa, the current president. (Courtesy Alice Cooper). While most of us don't have the athletic prowess or musical accolades to land us a spot in a sports or music hall of fame, almost anyone can eat a hamburger. Ingram-White Castle Team Member Scholarships. The Impossible slider began popping up on White Castle menus at 140 locations in New York, New Jersey, and Chicago, and was an instant hit. Building communities remains a focus for Ingram and the White Castle brand. You might be shocked to learn that White Castle has a certain degree of appeal to romantics. By the time his son, Edgar, took over in 1966, White Castle had sold a billion burgers. Today more than ever, the next generation of customers is asking for authenticity and thats something we can claim with a clear conscience. 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. The fast food chain was founded in Wichita, Kansas, in 1921. His birth date and place are unknown in the media. It wasn't just the look of the restaurant that Ingram and Anderson placed a level of sanitary scrutiny on, but the employees working behind the counter as well. Now, Ingram had three burger stands in Wichita already, so when Ingram designed the iconic castle look, it was technically the fourth burger stand in the area. White Castle places great stock in cultivating some of its workers. Were there as an oasis for late-night travelers. Number 8860726. From the beginning, White Castle innovator and founder Billy Ingram's mission was to help team members and provide opportunities for them to better themselves. Born: 26-Nov-1880 Birthplace: St. Mary's, KS Died: 13-Dec-1963 Location of death: Eastborough, KS Cause of death: unspecified Remains: Burie. Legal Statement. To throw a little bit of movie trivia at you, White Castle's starring role nearly didn't happen because the movie's screenwriters initially had the two friends searching for a Krispy Kreme doughnuts location to satisfy their munchies. 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 brand, which was founded by Billy Ingram in 1921, turned 100 last year, and it was indeed the first American fast-food joint to celebrate a centennial anniversary. "Billy" Ingram, founded White Castle in 1921, making it the world's first quick-service burger concept. Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy Charles evicting Harry and Meghan is the act of a King putting his country first: REBECCA ENGLISH reveals A royal princess at Eton? First burger chain, White Castle assistant vice president who appeared on show... 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