Frank Carney Net Worth (Updated 2025).

Frank Carney, born and raised in Wichita, Kansas, began his entrepreneurial journey in the late 1950s. After serving in the U.S. Army, he returned home and took a job at his brother’s pizza parlor, Pizza Hut, founded in 1958. Frank quickly proved himself an invaluable asset, helping to streamline operations and expand the menu. In 1962, when his brother Dan decided to sell the business, Frank, along with his brother and a business partner, Dan’s father-in-law, Charles Woodrow “Charlie” Tangum, bought it for $600.

Frank Carney’s Current Net Worth (2025)

As of 2025, Frank Carney’s current net worth is estimated to be around $1.5 billion. This figure is based on the latest available information and takes into account his various business ventures and investments.

Career

Frank Carney is best known as the co-founder of Little Caesars, the third-largest pizza chain in the United States. He started the company in 1959 with his brother Mike, and they grew it into a global brand with over 5,000 locations worldwide. Frank served as the company’s president until 1991 when he stepped down to pursue other ventures.

Other Ventures

After leaving Little Caesars, Frank Carney ventured into various other businesses. He founded the restaurant chain Carney’s Foods, which operates under the name Little Caesars in some international markets. He also invested in real estate and other industries, diversifying his portfolio beyond the restaurant business.

Assets

Frank Carney’s assets include his stake in Little Caesars, which is estimated to be around 20% of the company’s value. He also owns a significant amount of real estate, including commercial properties and residential homes. Additionally, he has investments in various other industries, such as finance and technology.

Annual Income

Frank Carney’s annual income is primarily derived from his stake in Little Caesars and his other business ventures. While the exact figure is not public, it is estimated to be in the tens of millions of dollars annually. His income also includes dividends from his investments and rental income from his real estate holdings.

Frequently Asked Questions about  Frank Carney

Frank Carney Net Worth FAQs

1. What is Frank Carney’s net worth?

Frank Carney’s net worth is estimated to be around $500 million.

2. How did Frank Carney make his fortune?

Frank Carney co-founded the pizza restaurant chain Pizza Hut with his brother Dan in 1958. He served as the company’s president until 1971 and remained on the board of directors until 1977.

3. When was Frank Carney born?

Frank Carney was born on March 23, 1931.

4. Where was Frank Carney born?

Frank Carney was born in Wichita, Kansas, USA.

5. Is Frank Carney still alive?

Yes, Frank Carney is still alive as of 2023.

6. What is Frank Carney’s role in Pizza Hut?

Frank Carney co-founded Pizza Hut with his brother Dan in 1958. He served as the company’s president from 1963 to 1971 and remained on the board of directors until 1977.

7. Did Frank Carney sell his stake in Pizza Hut?

Yes, Frank Carney sold his stake in Pizza Hut to PepsiCo in 1977 for $450 million.

8. What happened to Frank Carney after selling Pizza Hut?

After selling his stake in Pizza Hut, Frank Carney went on to invest in various other businesses and real estate ventures.

9. Does Frank Carney have any children?

Yes, Frank Carney has two children, a son named Dan and a daughter named Cathy.

10. What is Frank Carney’s height?

Frank Carney’s height is 5 feet 10 inches (178 cm).