Business Atlas

How Enterprise Is Built
Founders, Executives and Management Thinkers

Ray Kroc

Founder and Executive

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An American businessman who worked as a milkshake mixer salesman before partnering with the McDonald brothers in 1955 to franchise their restaurant concept nationally. He founded McDonald's Corporation, bought out the brothers' interest in the business in 1961, and built McDonald's into the model franchised restaurant chain business literature most commonly cites.

Facts
Birth Year
1902 1
Death Year
1984 1
Birthplace
Oak Park, Illinois, U.S. 1
Nationality
American 1
Defining Contribution
Partnered with the McDonald brothers in 1955 as their franchising agent, founded McDonald's Corporation, and built it into a global fast food chain. 1
Cross-Tradition Connections

Companies Founded

Partnered with the McDonald brothers in 1955, founded McDonald's Corporation, and bought out the brothers' interest in 1961.

Source Wikipedia, Ray Kroc
Sources
1. Wikipedia, Ray Kroc
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Quote, lead section
Raymond Albert Kroc was an American businessman who acquired the McDonald's chain of fast-food restaurants.
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1. Wikipedia, Ray Kroc
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