Fred Deluca Net Worth (Updated 2025).

Fred Deluca, born in 1945, kicked off his professional journey in the food industry at a young age. After graduating from the University of Bridgeport with a degree in accounting, Deluca took on various jobs to gain experience, including working as a bank teller and a tax preparer. However, it was his entrepreneurial spirit that ultimately led him to his most significant endeavor.

In 1965, Deluca crossed paths with Peter Buck, a physics professor who shared his passion for business. Together, they brainstormed a unique concept: a sub sandwich shop that would offer high-quality, affordable food to busy customers. With a $1,000 loan from Buck and a commitment to hard work, Deluca opened the first Subway sandwich shop in Bridgeport, Connecticut.

**Fred Deluca’s Current Net Worth (2025)**

As of 2025, Fred Deluca’s current net worth is approximately $4.5 billion, according to Forbes. This significant wealth is primarily attributed to his co-founding of Subway, the world’s largest restaurant chain by the number of locations.

**Fred Deluca’s Career**

Fred Deluca, born in 1945, co-founded Subway in 1965 with Dr. Peter Buck. Starting with a single sandwich shop in Bridgeport, Connecticut, Deluca expanded the business through a unique franchise model. He served as the CEO of Subway until 2015, growing the company to over 44,000 locations in 112 countries.

**Other Ventures**

Beyond Subway, Deluca has been involved in various other ventures. He co-founded the Peter and Fred Foundation, which supports education and health initiatives. Additionally, he has invested in real estate and other businesses, including the restaurant chain, Quiznos.

**Assets**

Deluca’s assets include a substantial stake in Subway, as well as real estate holdings. His primary residence is a 12,000 square-foot mansion in Connecticut, valued at around $20 million. He also owns a private jet and a collection of luxury cars.

**Annual Income**

While Fred Deluca’s exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This includes his salary from Subway, dividends from his stake in the company, and income from his other ventures.

Frequently Asked Questions about  Fred Deluca

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Frequently Asked Questions about Fred Deluca

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1. What is Fred Deluca’s Net Worth?

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Fred Deluca’s net worth is estimated to be around $4.5 billion.

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2. How did Fred Deluca make his fortune?

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Fred Deluca co-founded the Subway sandwich chain in 1965 with Dr. Peter Buck. He served as the company’s CEO until his death in 2015.

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3. When was Fred Deluca born?

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Fred Deluca was born on August 31, 1945.

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4. Where was Fred Deluca born?

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Fred Deluca was born in Brooklyn, New York.

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5. When did Fred Deluca die?

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Fred Deluca died on September 19, 2015.

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6. How old was Fred Deluca when he started Subway?

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Fred Deluca was 17 years old when he started Subway with his friend Dr. Peter Buck.

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7. How many Subway restaurants are there worldwide?

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As of 2021, there are over 41,000 Subway restaurants in more than 100 countries.

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8. What was Fred Deluca’s role in Subway?

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Fred Deluca served as the CEO of Subway from its inception until his death in 2015. He was also the company’s president and chairman.

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9. How did Fred Deluca meet Dr. Peter Buck?

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Fred Deluca met Dr. Peter Buck while working at a record store in Connecticut. Buck was a customer and they became friends.

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10. What was Fred Deluca’s cause of death?

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Fred Deluca died of leukemia in 2015.