{"id":123215,"date":"2021-11-20T09:47:31","date_gmt":"2021-11-20T09:47:31","guid":{"rendered":"https:\/\/fin2me.com\/?p=123215"},"modified":"2021-11-20T09:47:31","modified_gmt":"2021-11-20T09:47:31","slug":"subway-co-founder-peter-buck-dead-at-90-report","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/subway-co-founder-peter-buck-dead-at-90-report\/","title":{"rendered":"Subway co-founder Peter Buck dead at 90: report"},"content":{"rendered":"
Check out what’s clicking on FoxBusiness.com.\n<\/p>\n
One of the men who co-founded the Subway sandwich chain has died.<\/p>\n
Peter Buck, 90, who helped fund the chain's first store, died Thursday at Danbury Hospital in Connecticut, according to the Washington Examiner.<\/p>\n
GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n Buck co-founded the chain with business partner Fred DeLuca, who died in 2015.<\/p>\n "We are deeply saddened by the passing of one of Subway's founders, Dr. Peter Buck," Subway Chief Executive John Chidsey said in a statement to the Washington Examiner. "He was a shining example of a dedicated, hands-on leader and an integral member of the Subway family."<\/p>\n Buck was originally a nuclear physicist. He loaned $1,000 to DeLuca in 1965 to open a sandwich shop to help pay for college. <\/p>\n NATIONAL FAST FOOD DAY: THE STATES WITH THE HIGHEST INCREASES IN FAST FOOD VISITS<\/strong><\/p>\n That first store was named "Pete's Super Submarine."<\/p>\n While the franchise struggled, the pair would eventually begin to franchise outward and pursue business full-time. <\/p>\n The chain had 16 stores across Connecticut by 1973, There were around 42,000 stores worldwide by 2020.<\/p>\n Buck was also involved in several philanthropic efforts. <\/p>\n His net worth is estimated to be $1.7 billion, according to Forbes <\/i>.<\/p>\n CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n Buck leaves behind his sons Christopher and William, daughters-in-law April and Hara, and grandchildren Sam, Emily, Oliver, Simon, and James.<\/p>\n