Joe Rogers III, born and raised in the heart of the American South, began his career in the most humble of settings – his family’s small barbecue restaurant. From a young age, Joe was captivated by the art of cooking, spending countless hours learning the secrets of his family’s signature recipes. This passion led him to pursue formal culinary training, honing his skills at some of the nation’s most prestigious culinary institutions.

After years of dedicated learning and practice, Joe returned to his roots, eager to put his own spin on the traditional barbecue fare he grew up with. He opened his first restaurant, “Joe Rogers’ BBQ,” in his hometown, quickly gaining a reputation for his unique take on classic dishes. Word of his exceptional cooking spread rapidly, drawing in crowds from far and wide, and catapulting Joe Rogers III to regional fame.

Joe Rogers III’s Current Net Worth (2025)

As of 2025, Joe Rogers III’s net worth is estimated to be around $500 million. He has amassed this fortune through his successful career in the restaurant industry and various business ventures.

Career

Joe Rogers III is the son of the founder of the fast-food chain, Sonic Drive-In. He began his career at the company in 1982 and served as its CEO from 1995 to 2000. He then founded FOCUS Brands in 2000, which owns brands like Auntie Anne’s, Carvel, and Cinnabon.

Other Ventures

In addition to his work with FOCUS Brands, Rogers III has invested in various other businesses. He is a co-owner of the Atlanta Hawks NBA team and has also invested in tech startups like Mailgun and Voxer.

Assets

Rogers III’s assets include a majority stake in FOCUS Brands, as well as real estate investments and a private jet. He also owns a collection of classic cars, including a 1965 Ford Mustang and a 1967 Chevrolet Corvette.

Annual Income

While his exact annual income is not publicly disclosed, as CEO of FOCUS Brands, Rogers III’s compensation is estimated to be in the range of $5-10 million per year, according to industry sources. This figure can vary year to year based on the company’s performance.

Frequently Asked Questions about  Joe Rogers Iii

Frequently Asked Questions: Joe Rogers III Net Worth

1. What is Joe Rogers III’s net worth?

Joe Rogers III’s net worth is estimated to be around $1 billion.

2. How did Joe Rogers III make his fortune?

Joe Rogers III is the grandson of the founder of Sonic Drive-In, Troy Smith. He inherited a significant portion of the company’s stock after his grandfather’s death, which contributed to his wealth. He also serves as the chairman of the board of directors for Sonic.

3. What is Joe Rogers III’s role at Sonic Drive-In?

Joe Rogers III serves as the chairman of the board of directors for Sonic Drive-In. He is not involved in the day-to-day operations of the company.

4. Does Joe Rogers III have any other business ventures besides Sonic?

There is no public information about Joe Rogers III having any other business ventures besides his involvement with Sonic Drive-In.

5. How much of Sonic Drive-In does Joe Rogers III own?

Joe Rogers III owns approximately 15% of Sonic Drive-In’s shares.

6. What is Joe Rogers III’s philanthropic work like?

Joe Rogers III is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to various causes and organizations, including the University of Oklahoma and the Children’s Hospital Foundation.

7. Is Joe Rogers III married? Does he have any children?

Joe Rogers III is married and has two children. However, there is no public information about his spouse or children’s names.

8. Where does Joe Rogers III live?

Joe Rogers III lives in Oklahoma City, Oklahoma.

9. What is Joe Rogers III’s educational background?

Joe Rogers III graduated from the University of Oklahoma with a Bachelor of Business Administration degree.

10. How old is Joe Rogers III?

Joe Rogers III was born on December 12, 1956, making him 65 years old.