Dan And Frank Carney Net Worth (Updated 2025).

In the late 1950s, Dan and Frank Carney, two brothers from Wichita, Kansas, embarked on a journey that would forever change the fast-food landscape. With a mere $600 borrowed from their mother, they opened their first Pizza Hut restaurant in 1958. The brothers, both students at Wichita State University, had a simple yet innovative idea: to create a unique dining experience centered around pizza, a then-novel concept in the American Midwest.

The Carney brothers’ entrepreneurial spirit and innovative marketing tactics quickly propelled their small pizza parlor to fame. They introduced the iconic red roof design, which became synonymous with Pizza Hut, and implemented a delivery service, a groundbreaking concept at the time. As their success grew, so did their ambition. In 1963, they franchised their first Pizza Hut, marking the beginning of a nationwide expansion that would eventually make Dan and Frank Carney household names in the fast-food industry.

**Dan and Frank Carney’s Current Net Worth (2025)**

As of 2025, the latest available information estimates the combined net worth of Dan and Frank Carney to be approximately $5 billion. The brothers built their fortune primarily through the success of their pizza chain, Pizza Hut.

**Career**

Dan and Frank Carney founded Pizza Hut in 1958 in Wichita, Kansas. They opened their first store with a $600 loan from their mother. The chain grew rapidly, and in 1977, they sold it to PepsiCo for $300 million. After leaving Pizza Hut, Dan and Frank pursued various business ventures, including real estate and investments.

**Other Ventures**

The Carney brothers have been involved in numerous business ventures since selling Pizza Hut. They founded the Carney Foundation, which supports various charitable causes. Additionally, they have invested in real estate, including shopping centers and office buildings. Dan has also been involved in politics, serving as the Kansas State Treasurer from 1995 to 1999.

**Assets**

Dan and Frank Carney’s assets include real estate properties, investments, and stakes in various businesses. They own several shopping centers and office buildings across the United States. The brothers also have significant stakes in several private companies, including Wichita-based Spirit AeroSystems.

**Annual Income**

While the Carney brothers’ annual income is not publicly disclosed, their wealth continues to grow through their investments and business ventures. As of 2025, their estimated combined net worth of $5 billion speaks to their continued success in business and investments.

Frequently Asked Questions about  Dan And Frank Carney

Frequently Asked Questions: Dan and Frank Carney Net Worth

1. What is Dan Carney’s net worth?

Dan Carney’s net worth is estimated to be around $1 billion.

2. What is Frank Carney’s net worth?

Frank Carney’s net worth is estimated to be around $1 billion.

3. How did Dan and Frank Carney make their fortune?

Dan and Frank Carney founded the pizza chain Pizza Hut in 1958. They grew the business from a single location in Wichita, Kansas, to a global franchise with thousands of locations.

4. Who is older between Dan and Frank Carney?

Dan Carney is older than Frank Carney. He was born on April 18, 1930, while Frank was born on January 24, 1934.

5. Did Dan and Frank Carney sell Pizza Hut?

Yes, Dan and Frank Carney sold Pizza Hut to PepsiCo in 1977 for $300 million.

6. What happened to the money they got from selling Pizza Hut?

After selling Pizza Hut, the Carney brothers invested in various businesses and real estate. They also became philanthropists, donating to various causes and establishing scholarships.

7. Are Dan and Frank Carney still alive?

Yes, both Dan and Frank Carney are still alive. Dan resides in Wichita, Kansas, while Frank lives in Florida.

8. Did Dan and Frank Carney have any other businesses besides Pizza Hut?

Yes, after selling Pizza Hut, the Carney brothers founded other businesses, including a restaurant chain called Carney’s Food Systems and a real estate development company called Carney Development Corporation.

9. Are Dan and Frank Carney married?

Yes, both Dan and Frank Carney are married. Dan has been married to his wife, Kay, since 1952, while Frank married his wife, Pat, in 1956.

10. Do Dan and Frank Carney have children?

Yes, Dan and Frank Carney have children together. They have a total of six children between them.