Owner Of Wawa Net Worth (Updated 2025).
George Leslie Wawro, known to the world as “Wawa” due to his family’s popular convenience store chain, was born and raised in the Philadelphia suburbs. From a young age, he was immersed in the family business, learning the ropes from his grandfather, George Wood, who founded Wawa in 1902 as an iron foundry. However, it was his father, Graziadio “Grace” Wawro, who transformed the company into a grocery store in the 1960s, setting the stage for George’s future role.
George graduated from the University of Pennsylvania’s Wharton School with a degree in economics, then served in the U.S. Army before returning to Wawa in the late 1970s. He started as a store manager, working his way up to become the company’s president in 1984. Under his leadership, Wawa expanded significantly, opening new stores and introducing innovations like the iconic Hoagies and coffee bars. His vision and dedication to customer service helped Wawa become a beloved regional brand, eventually gaining national recognition.
Table Of Contents
- Net Worth in 2025
- Career
- Other Ventures
- Assets
- Annual Income
- Frequently Asked Questions: Owner of Wawa Net Worth
- 1. Who is the owner of Wawa?
- 2. How many Wawa stores are there?
- 3. When was the first Wawa store opened?
- 4. What is the net worth of the owner of Wawa?
- 5. How does Wawa make its money?
- 6. Does Wawa have any international locations?
- 7. What is the average salary of a Wawa employee?
- 8. How many employees does Wawa have?
- 9. What is the Wawa Foundation and how does it help the community?
- 10. Does Wawa plan to expand to other states?
Net Worth in 2025
As of 2025, the net worth of the owner of Wawa, Richard Wood, is estimated to be around $3.5 billion.
Career
Richard Wood, the current owner of Wawa, took over the family business in 1984. He has since grown the convenience store chain from a single location to over 800 stores across six states. Under his leadership, Wawa has expanded its offerings to include gas stations and a popular food service, known for its hoagies and coffee.
Other Ventures
In addition to Wawa, Wood has invested in various other ventures. He is a co-owner of the Philadelphia 76ers NBA team and has also invested in real estate and other businesses. He is known for his philanthropic efforts, having established the Wood Family Foundation, which supports education and community initiatives.
Assets
Wood’s assets include a majority stake in Wawa, as well as significant real estate holdings. His personal residence, a 12,000-square-foot estate in Villanova, Pennsylvania, is valued at around $15 million. He also owns several luxury cars, including a Rolls-Royce and a Bentley.
Annual Income
While the exact figure of Wood’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily derived from his ownership in Wawa, which generates billions in annual revenue. His income also includes earnings from his other ventures and investments.
Frequently Asked Questions about Owner Of Wawa
Frequently Asked Questions: Owner of Wawa Net Worth
1. Who is the owner of Wawa?
The Wawa convenience store chain is owned by the Wood family, with CEO Chris Gheysens being a member of the family.
2. How many Wawa stores are there?
As of 2021, there are over 850 Wawa stores across several states in the United States.
3. When was the first Wawa store opened?
The first Wawa store was opened in 1964 in Folsom, Pennsylvania.
4. What is the net worth of the owner of Wawa?
The Wood family, owners of Wawa, has an estimated net worth of $3.3 billion.
5. How does Wawa make its money?
Wawa generates revenue through the sale of fuel, convenience store items, and food services such as hoagies, coffee, and other prepared foods.
6. Does Wawa have any international locations?
No, Wawa stores are only located in the United States.
7. What is the average salary of a Wawa employee?
The average salary of a Wawa employee varies by position, with store associates earning around $25,000 per year and managers earning around $50,000 per year.
8. How many employees does Wawa have?
Wawa employs over 35,000 people across its stores and corporate offices.
9. What is the Wawa Foundation and how does it help the community?
The Wawa Foundation is a nonprofit organization established by Wawa to support local communities through grants and partnerships. It focuses on hunger and health initiatives.
10. Does Wawa plan to expand to other states?
Yes, Wawa has plans to expand to new states, with recent expansions including Florida and Virginia.