Billionaire Profile

Global Rank

#380

Image: user:Oursana | Public domain | via Wikimedia Commons

Elisabeth DeLuca & family

CEO, Subway

UNITED STATES

Real-Time Net Worth

$9.028B

Estimated based on Subway stock value as of March 6, 2026

0% (24h)

Age

Source

Subway

Industry

food-beverage

Citizenship

UNITED STATES

Biography

Elisabeth DeLuca, born in 1947, is the widow of Subway co-founder Fred DeLuca. Following Fred DeLuca's death in 2015, Elisabeth inherited his 50% stake in Subway, becoming one of the world's largest restaurant chains. She is a prominent philanthropist, having already donated hundreds of millions of dollars to various causes. In 2023, Subway was sold to Roark Capital for over $9 billion. As of 2024, Elisabeth DeLuca's net worth is estimated at $9.0 billion. She continues to be involved in philanthropic initiatives and is known for her support of education and healthcare.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Elisabeth DeLuca was born in 1947. She married Fred DeLuca in 1969, the same year she graduated from the University of Connecticut. The couple would later find quick success.

Rise to Success

Elisabeth inherited her husband's 50% stake in Subway after his death in 2015. Subway was co-founded by Fred DeLuca and Peter Buck in 1965. In 2023, Subway was sold to Roark Capital in a deal valued at over $9 billion.

Key Business Strategies

After the death of her husband, Elisabeth DeLuca has focused on charitable giving, managing the family's wealth and investments.

Philanthropy

Elisabeth DeLuca is known for her substantial philanthropic endeavors. Between 2015 and 2021, she directed over $710 million in cash and stock to family foundations. She made a $40 million donation to the University of Connecticut in 2023 for a new nursing school. She has also earmarked an additional $600 million to charitable foundations. Her philanthropic focus includes education, youth support, and healthcare initiatives.

Career Milestones

1969

Graduated from University of Connecticut

Graduated from the University of Connecticut with a degree in nursing.

2015

Inherited Subway Stake

Inherited her late husband Fred DeLuca's 50% stake in Subway.

2023

Subway Sale

Subway was sold to Roark Capital for over $9 billion.

Philanthropy & Social Impact

Education

University of Connecticut Nursing School

$52M

Donation to fund the construction of a new nursing school facility.

Education and Youth Support

DeLuca Foundations

$710M

Directed cash and stock to family foundations.

Conservation and Education

Land Donation to University of Florida

$140M

Gift of 27,000 acres of land in Osceola County, Florida.

Business Philosophy & Leadership

Notable Quotes

"“I have a passion for letting nurses be more prepared for when they enter the workforce.”"

"“Education was a road to being self-sufficient.”"

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