⬅ # 187 Trudy Cathy White|# 189 Dan Cathy

# 188 Bubba Cathy 

$11.0B

Real Time Net Worth
as of 4/16/2024

# 188 Bubba Cathy 

$11.0B

Real Time Net Worth
as of 4/16/2024
OccupationEVP, Chick-fil-A
Source of WealthChick-Fil-A
Age69
ResidenceAtlanta, Georgia
Marital StatusMarried
Children6
EducationBS, Samford University
Age-Adjusted Net Worth$5.99B
Bubba Cathy
Bubba Cathy
United States
Net worth: $11.0B

Self-Made Score 

Wealth History

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Biography

Overview

Donald M. "Bubba" Cathy, born in 1953/1954, is an American billionaire businessman and holds key roles as EVP, Chairman, STC Brands & Chick-fil-A Ambassador at Chick-fil-A.
He is an integral part of the Cathy family legacy, with his father being S. Truett Cathy, the founder of Chick-fil-A, and his brother, Dan T. Cathy, serving as Chairman.
His nephew, Andrew, currently holds the position of CEO within the company.
Bubba Cathy earned his bachelor's degree in marketing from Samford University.

Early Life

Growing up in the business, Bubba started by operating the Chick-fil-A in Morrow, Georgia's Southlake Mall before pursuing higher education.

Career Milestones

Joining Chick-fil-A in 1967, he ascended from a construction apprentice to the official title of Senior Vice President in 1995.
Currently, he serves as the Executive Vice President of Chick-fil-A, Inc. and oversees the company's Georgia-based Dwarf House and Truett's Grill restaurant concepts.

Family and Personal Life

Beyond his business pursuits, Bubba Cathy shares his life with his wife, Cindy, and they are proud parents to six children and grandparents to six grandchildren.

How long would it take you to become as rich as Bubba Cathy?

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Bubba Cathy's net worth of $11.0B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 36.27% compared to 8.51% for the S&P 500 benchmark.

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Bubba Cathy is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Bubba Cathy, Chick-Fil-A is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey