Billionaire Profile
Jimmy John Liautaud
Global Rank
#1631

Image: Public domain | via Wikimedia Commons

Jimmy John Liautaud

CEO, Jimmy John's
US
Real-Time Net Worth
$2.4B
As of December 2025
Age
61
Source
Sandwich chain
Industry
food-beverage
Citizenship
US

Biography

Jimmy John Liautaud is an American entrepreneur, best known as the founder of the Jimmy John's sandwich chain. Born in 1964, Liautaud launched his business in 1983 with a $25,000 loan from his father, transforming a modest sandwich shop into a national franchise with over 2,800 locations. Despite facing academic challenges, including undiagnosed dyslexia, and graduating near the bottom of his high school class, Liautaud's determination led to remarkable success. His net worth is estimated at $2.4 billion, and he is known for his philanthropy through the Liautaud Family Foundation.

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 elementary school teacher. His father, James Liautaud, was an entrepreneur. Liautaud attended Elgin Academy, but struggled academically. He graduated near the bottom of his class. Despite these challenges, Liautaud possessed an entrepreneurial spirit from a young age.

Rise to Success

Liautaud started his sandwich shop, Jimmy John's Gourmet Sandwiches, in Charleston, Illinois, in 1983. He borrowed $25,000 from his father. The first menu featured four sandwiches. Due to the shop's location, Liautaud started a delivery service, which helped the business thrive. He expanded his business, opening his first franchise in 1994. By 2002, the company had grown to approximately 200 stores. He sold a majority stake in Jimmy John's to Roark Capital Group in 2016. In 2019, he merged his remaining stake into Inspire Brands.

Key Business Strategies

Liautaud's strategies focused on speed and efficiency. He aimed to provide "freaky fast" service, with a streamlined menu. The emphasis was on fresh ingredients, quality, and customer service. The franchise model allowed for rapid expansion, with most stores being franchise-owned. His innovative approach transformed the sandwich industry. He was also known for his focus on building strong relationships with franchisees and creating a distinctive company culture.

Philanthropy

Jimmy John Liautaud, along with his wife, Leslie, and their children, established the Liautaud Family Foundation in 2017. The foundation supports various causes, including medical research, conservation, and children facing adversity. Liautaud has been a generous donor to organizations like the Mayo Clinic, Lurie Children's Hospital of Chicago, and the American Heart Association. He is also passionate about supporting veterans and education.

Career Milestones

1983

Founded Jimmy John's Gourmet Sandwiches

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

1994

Sold First Franchise

Began franchising the Jimmy John's concept.

2016

Sold Majority Stake

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

2018

Named to Forbes Billionaires List

Included in the Forbes list of the World's Wealthiest People.

2019

Merged Stake into Inspire Brands

Merged remaining stake in Jimmy John's into Inspire Brands.

Philanthropy & Social Impact

Philanthropy

Liautaud Family Foundation

Undisclosed

Supports various causes including medical research, conservation, and children facing adversity.

Education

Horatio Alger Association

Undisclosed

Provides scholarships to high school students overcoming significant challenges.

Business Philosophy & Leadership

Notable Quotes

"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."

Leadership Principles

Hard work and discipline

Liautaud emphasizes the importance of dedication and perseverance in achieving success.

Outwork the competition

He advises putting in more effort than competitors to achieve goals.

Family is everything

Liautaud values his marriage and raising his children.

Controversies & Challenges

2015

Hunting Controversy

Images of Liautaud posing with big game he had hunted in Africa appeared online, leading to calls for a boycott of Jimmy John's. He later announced he would no longer hunt big game in Africa.