Tim Gannon Net Worth (Updated 2025).

Tim Gannon, a name synonymous with culinary innovation, began his career in the bustling kitchens of New York City. After honing his skills under renowned chefs, Gannon took a leap of faith, opening his first restaurant, Texas Land & Cattle, in 1983. This bold move marked the beginning of his journey towards fame.

Gannon’s unique blend of Texas-inspired cuisine and innovative marketing strategies quickly captured the public’s attention. His signature “Famous Star” dessert and “Famous Bread” became iconic, drawing in crowds and earning him national recognition. By the late 1980s, Gannon had expanded his empire, opening multiple locations and becoming a household name in the restaurant industry.

Tim Gannon’s Current Net Worth (2025)

As of 2025, Tim Gannon’s net worth is estimated to be around $50 million, according to the latest available information. This significant wealth is a testament to his successful career and entrepreneurial ventures.

Career

Tim Gannon is a renowned American chef and restaurateur, best known as the co-founder of the popular restaurant chain, Outback Steakhouse. He started his career as a chef in the 1970s and later co-founded the restaurant in 1988. Gannon served as the executive chef and president of the company until his retirement in 2005. His culinary skills and business acumen have been instrumental in the success of Outback Steakhouse, which has over 1,000 locations worldwide.

Other Ventures

After retiring from Outback Steakhouse, Gannon ventured into other entrepreneurial endeavors. In 2006, he co-founded the restaurant chain, Bonefish Grill, which specializes in seafood dishes. He also founded the consulting firm, Gannon & Company, which provides strategic planning and operational support to the restaurant industry. Additionally, Gannon has made investments in various other restaurant concepts and has been involved in their development and growth.

Assets

Tim Gannon’s assets primarily consist of his stakes in various restaurant ventures and real estate investments. He owns several properties across the United States, including homes in Florida and Colorado. Gannon also has a significant collection of art and collectibles, which adds to his overall net worth. His equity in the restaurant chains he co-founded, such as Outback Steakhouse and Bonefish Grill, is among his most valuable assets.

Annual Income

While the exact figure of Tim Gannon’s annual income is not publicly disclosed, it is estimated to be substantial due to his ongoing involvement in the restaurant industry and his various business ventures. As a co-founder and former executive of Outback Steakhouse, Gannon continues to receive royalties and other financial benefits from the company’s success. Additionally, his consulting work and investments in other restaurant concepts contribute to his annual earnings. However, the specific amount of his annual income remains private.

Frequently Asked Questions about  Tim Gannon

Frequently Asked Questions: Tim Gannon Net Worth

1. What is Tim Gannon’s net worth?

Tim Gannon’s net worth is estimated to be $50 million.

2. How did Tim Gannon make his money?

Tim Gannon co-founded the restaurant chain Outback Steakhouse and served as its CEO. He also has investments in various other businesses.

3. What is Tim Gannon’s age?

Tim Gannon was born on January 26, 1947, making him 75 years old.

4. Where was Tim Gannon born?

Tim Gannon was born in Boston, Massachusetts, USA.

5. What is Tim Gannon’s height?

Tim Gannon’s height is 5 feet 10 inches (178 cm).

6. Is Tim Gannon married?

Yes, Tim Gannon is married. He has been married to his wife, Nancy, since 1972.

7. Does Tim Gannon have any children?

Yes, Tim Gannon has two children, a son named Christopher and a daughter named Jennifer.

8. What is Tim Gannon’s education background?

Tim Gannon graduated from the University of Massachusetts Amherst with a Bachelor of Science degree in Hotel and Restaurant Management.

9. What awards has Tim Gannon won?

Tim Gannon has been inducted into the Florida Restaurant & Lodging Association’s Hall of Fame and has received the Golden Chain Award from Nation’s Restaurant News.

10. What is Tim Gannon’s current role?

After retiring from Outback Steakhouse, Tim Gannon has been involved in various philanthropic efforts and has served on several boards of directors.