The man behind the famous footlong sandwich empire and world’s biggest restaurant chain, Subway, has died at the age of 67. Brooklyn-born, self-made billionaire and co-founder and CEO of Subway, Fred DeLuca, has passed away, three years after beginning treatment for leukemia.
The Connecticut based chain recently celebrated their 50 year anniversary and back in June, officially named DeLuca’s sister, Suzanne Greco, president of the company. Subway famous for their “healthy fast food” to this day has a number of items on the menu significant to DeLuca’s history. The favorite BMT sandwich tributes DeLuca’s early Brooklyn roots and was named after the Brooklyn-Manhattan Transit Corp.Since opening in 1965, initially called Pete’s Super Submarines, started franchising in the mid 1970s and since then expanded to include more than 42,000 outlets worldwide, each one owned and operated by a franchisee.
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It seems to be a tough time for the sandwich company as back in August, the company’s longtime spokesman Jared Fogle plead guilty to charges of sex with minors and distributing child pornography.
Thou this might be a hard time for Subway and its business, the company who now has about 27,000 U.S. locations, currently racks in about $11.9 billion a year in the U.S alone. Globally, Subway is in 110 countries.