Billionaire Profile
Jimmy John Liautaud
Global Rank
#1575

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 March 6, 2026
0% (24h)
Age
62
Source
Sandwich chain
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Jimmy John Liautaud, born in 1964, is the founder of the Jimmy John's sandwich chain and has a net worth of $2.4 billion. His source of wealth is the sandwich chain he founded in 1983 with a $25,000 loan from his father. Liautaud built Jimmy John's into a national chain with over 2,800 locations, nearly all franchised. He sold a majority stake in the company to Roark Capital Group in 2016 and the remaining shares to Inspire Brands in 2019. Liautaud is married to Leslie Liautaud and has three children. He is also a philanthropist, with the Liautaud Family Foundation supporting various causes including education and the military.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Jimmy 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, and his father, James P. Liautaud, was an entrepreneur. The family faced financial challenges, with his father's businesses experiencing setbacks. Liautaud attended Elgin Academy, a private prep school, but struggled to fit in. He graduated second to last in his high school class and did not attend college.

Rise to Success

Liautaud's entrepreneurial journey began in 1983 when he borrowed $25,000 from his father to start a sandwich shop. He initially considered a hot dog stand but opted for sandwiches. He opened the first Jimmy John's in Charleston, Illinois. The business quickly grew, and within ten years, franchising began in 1993.

Key Business Strategies

Jimmy John's focused on fast service and high-quality ingredients. Liautaud emphasized hard work, working long hours himself, and encouraging the same from his team. He developed a franchise model that contributed to rapid expansion.

Philanthropy

Liautaud, along with his wife Leslie, formed the Liautaud Family Foundation in 2017. The foundation supports various causes, including the military, education, and wellness. The Liautauds have supported organizations such as the Mayo Clinic, Lurie Children's Hospital of Chicago, and the American Heart Association.

Career Milestones

1983

Founded Jimmy John's

Opened the first Jimmy John's sandwich shop in Charleston, Illinois.

1993

Began Franchising

Started franchising the Jimmy John's business model, leading to rapid expansion.

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.

2017

Established the Liautaud Family Foundation

Launched a family foundation focused on philanthropy.

Philanthropy & Social Impact

Various

Liautaud Family Foundation

Undisclosed

Supports causes related to the military, education, wellness, and the arts.

Education

Youth Guidance Becoming a Man program

$1M

Helps disadvantaged young men.

Business Philosophy & Leadership

Notable Quotes

"“Work-life balance (for entrepreneurs) is the biggest line of bulls*** that's ever been created.”"

"“I can't dance, I've got no rhythm, I can't read, I'm good at math, and I've been given lots of passion and energy. I use it to help others. I love mentoring young entrepreneurs, students who are less fortunate than most, and my team. 14 out of 17 of my department heads came from the sandwich shop and are now millionaires.”"

"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."

Leadership Principles

Hard Work and Discipline

Liautaud emphasized putting in long hours and leading by example.

Outwork the Competition

Encouraged working longer hours than competitors to achieve success.

Transparency

He made it clear that running a franchise was not easy.

Controversies & Challenges

2015

Hunting Controversy

Criticized for posing with big game animals from hunting trips.

2018

Salmonella Outbreak

Jimmy John's was linked to a multi-state salmonella outbreak due to raw sprouts.

2009

Tax Dispute

Refused to pay taxes on corporate jets.