Billionaire Profile
Jimmy John Liautaud
Global Rank
#1613

Image: Anna Longworth (annalongworth.com) | CC0 | via Wikimedia Commons

Jimmy John Liautaud

CEO, Sandwich chain
UNITED STATES
Real-Time Net Worth
$2.618B
Estimated based on Sandwich chain stock value as of April 20, 2026
0% (24h)
Age
62
Source
Sandwich chain
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Jimmy John Liautaud, born in 1964, is an American entrepreneur best known as the founder of the Jimmy John's sandwich chain. With a vision of creating a fast and high-quality sandwich experience, Liautaud launched his first shop in 1983 with a $25,000 loan from his father. Despite facing early academic struggles and a challenging childhood, Liautaud built Jimmy John's into a national franchise with over 2,800 locations. His source of wealth primarily stems from the sandwich chain he founded. Liautaud's career is marked by innovative business strategies, including a focus on speed and efficiency, which led to significant revenue growth and his inclusion on the Forbes Billionaires list in 2018. He sold the majority stake of Jimmy John's to Roark Capital Group in 2016 and later sold his remaining stake in 2019 to Inspire Brands.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

James John Liautaud was born on January 12, 1964, in Arlington Heights, Illinois. He was the second of four children. His mother, Gina, was a Lithuanian immigrant and an elementary school teacher, whom Jimmy John refers to as a survivor. His father, James Liautaud Sr., was an inventor, entrepreneur, and educator. The family experienced financial ups and downs due to his father's business ventures. As a youth, Liautaud attended Elgin Academy, a private prep school. He struggled with undiagnosed dyslexia and graduated second-to-last in his high school class.

Rise to Success

After graduating high school, Liautaud decided to open a business instead of joining the military. In 1983, with a $25,000 loan from his father, he opened the first Jimmy John's Gourmet Sandwiches in Charleston, Illinois. The initial menu consisted of four sandwiches. Liautaud's strategy included a focus on fast service and delivery, which helped the business thrive. By 1994, he had 10 restaurants and started franchising.

Key Business Strategies

Jimmy John's success was built on a few core strategies. Liautaud emphasized speed, quality ingredients, and a unique customer experience. He focused on efficient operations and built a culture around speed and quick service, which led to rapid growth. Liautaud also prioritized building trust within his team and with his customers.

Philanthropy

Liautaud established the Liautaud Family Foundation in 2017 to support charitable causes, including veterans, education, and health. He has donated to organizations such as the Horatio Alger Association, the Folds of Honor Foundation, and the Champaign County YMCA.

Career Milestones

1983

Founded Jimmy John's

Opened the first Jimmy John's Gourmet Sandwiches in Charleston, Illinois.

1994

Started Franchising

Began selling franchises to expand the Jimmy John's brand.

2016

Sold Majority Stake

Sold a majority stake in Jimmy John's to Roark Capital Group.

2019

Sold Remaining Stake

Sold his remaining stake in Jimmy John's to Inspire Brands.

Philanthropy & Social Impact

Various

Liautaud Family Foundation

Undisclosed

Supports causes related to the military, education, and health.

Education

Horatio Alger Association

$1.291B

Provided scholarships for underprivileged students.

Military

Folds of Honor Foundation

$1M

Supports spouses and children of fallen and disabled service-members.

Business Philosophy & Leadership

Notable Quotes

"My success is a byproduct of my curiosity and breaking things apart. And here I am, I brought a lot of people along the way."

"For me, if you have choices in life, then you are successful."

Leadership Principles

Develop Trust

Build trust with your team and customers to foster a strong foundation for success.

Work Hard for Others' Success

Focus on helping your team succeed, which will contribute to your own success.

Avoid Debt

Maintain a zero-debt philosophy to create a competitive advantage.

Controversies & Challenges

2015

Big Game Hunting Controversy

Photos of Liautaud with dead big game animals led to calls for boycotts of Jimmy John's.

2015

Non-Compete Agreements

Jimmy John's faced legal challenges and a settlement with the Illinois Attorney General's office regarding non-compete agreements for employees.