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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
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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
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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
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Buck leaves behind his sons Christopher and William, daughters-in-law April and Hara, and grandchildren Sam, Emily, Oliver, Simon, and James.<\/p>\n
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