Cathy is a director and executive vice president of Chick-fil-A, a fast food chain with more than 2,400 restaurants. The Atlanta-based company had revenue of $6.4 billion in 2022. It was founded by Cathy's father, Truett Cathy, in 1946 and his brother, Dan Cathy, is chairman and chief executive at the family owned business.
Cathy's fortune is derived from his co-ownership of Chick-fil-A, an Atlanta-based fast food chain. The company has more than 2,400 restaurants, according to its website. It reported revenue of $6.4 billion in 2022, according to its franchise disclosure document.
Chick-fil-A is valued using the average enterprise value-to-sales and enterprise value-to-Ebit multiples of three publicly traded peer companies: Wendy's, Jack In The Box and Yum! Brands.
The closely held company is family owned, according to its website. Bloomberg News reported in 2012 that Dan, Bubba and their father Truett, who has since died, each owned one-third of the business. This analysis assumes that Dan and Bubba continue to own one-third each based on their continuing executive control of the company.
Carrie Kurlander, a spokesperson for Chick-fil-A, said that company stock is owned by multiple family members and declined to comment further.
Donald "Bubba" Cathy is the youngest son of Samuel Truett Cathy, founder of the Chick-fil-A fast food chain. He helped his father at the family business as a child before completing a marketing degree at Samford University in Birmingham, Alabama.
Bubba joined Chick-fil-A as a construction apprentice in 1976. He operated his own restaurant for four years and by 1995 he was senior vice president. He became president of Dwarf House, the family's diner-style chain, in the same year. In 2012, he was appointed executive vice president of Chick-fil-A.
A member of the First Baptist Church of Jonesboro, Cathy is a keen motorcyclist and sailor.