John Schnatter Bio, Family, Career, Wife, Net Worth, Measurements

John Schnatter
Tags: Entrepreneur
Profession:
Date of birth: Nov 22, 1961
Age: 62
Net worth: 1 Billion
Birth Place: Jeffersonville, Indiana
Height (m): 1.77
Religion: Christianity
Relationship Status: Divorced

John H. Schnatter, commercially popular as Papa John, is an American entrepreneur. Additionally, in 1984 he founded Papa John’s Pizza. After selling his car and using the proceeds to buy used restaurant equipment, Schnatter began the company in the back of his father’s tavern. During his time at Papa John’s, Schnatter shared some controversial views. On 1 January 2018, he stepped down as CEO after controversy over his remarks that the National Football League (NFL), which had a business affiliation with Papa John’s, had not done enough to stop NFL players’ national anthem protests, and that the protests had harmed his company. His remarks resulted in the NFL canceling its affiliation with Papa John’s until he stepped down.

Moreover, Schnatter remained chairman of the board of directors after stepping down as CEO until July 2018, when, during an internal sensitivity-training conference call, he used a racial slur for black people, noting as an extreme example of historical social practices that Colonel Sanders had used the slur without backlash. When the remark became public, Schnatter resigned but has since maintained that the board conspired against him and pressured him out of his position unfairly.

John Schnatter

Caption: John Schnatter
SourceUSAToday

 

John Schnatter: Early Life, Education, and Family

Schnatter was born to his parents Mary and Robert Schnatter on 22 November 1961, in Jeffersonville, Indiana. His mother was a real estate agent in Jeffersonville, and his father was a judge. He’s got German roots. Talking about his educational qualification, in 1979, he graduated from Jeffersonville High School and earned a Ball State University business degree in 1983. John Schnatter ‘s father co-owned Mick’s Lounge, a Jeffersonville tavern, in the 1980s.

 

John Schnatter: Career and Achievements

In 1984, when he converted a broom closet in the back of his father’s tavern, Schnatter founded Papa John’s Pizza. Schnatter sold his 1971 Z28 Camaro to buy used pizza equipment worth $1,600 and started selling pizzas to the customers of the tavern. His pizzas proved to be common enough that he moved into an adjacent room a year later. In 1993, the business went public. It had 500 stores a year later, and it had opened 1,500 stores by 1997. After offering a reward of $250,000 for the vehicle, Schnatter reacquired the Camaro in 2009.

A company called Calistoga Artisan Sandwiches was also launched by Schnatter in 2007. In exchange for Calistoga getting naming rights to an adjacent water park, Schnatter made a million-dollar donation to the Louisville Zoo’s Glacier Run extension in 2008. In 2012, the Calistoga company was largely shut down, but in Naples, Florida, three branches continued to operate.

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John Schnatter: Personal life and wife

Schnatter was married in 1987 to Annette Cox. The couple lived and had three children in Anchorage, Kentucky. However, on 5 December 2019, Cox filed for divorce and claimed they had been separated since April 1.

Besides, Schnatter was charged with stalking and groping a woman in 1999. The woman was trying to extort him for $5 million, he said. With a confidential deal, the situation finished. Schnatter was charged with sexual assault involving a 24-year-old female marketing worker in 2009, which resulted in a confidential settlement.

Schnatter and his ex wife

Caption: Schnatter and his ex-wife Annette Cox
Sourcetmz

 

John Schnatter: Net Worth and social media

The entrepreneur has a total net worth of $1 Billion US dollars. His main source of income is his food chain Papa John’s Pizza. Similarly, talking about his social media availability, he is available on Instagram as thepapajohnschnatter. Likewise, Schnatter is also accessible on Twitter as iampapajohn. Emhoff has more than 124 k followers on Instagram and 13.4 k followers on Twitter.

 

John Schnatter: Body measurements

The 59-year-old entrepreneur is very handsome to look at. He holds charming facial features, dazzling brown eyes, and has fair skin. Additionally, he stands 1.77 meters tall and weighs around 76 kgs. Besides, his other body measurements are not available.