Meet Jerry Murrell, the founder of Five Guys, and delve into his impressive net worth. Recent research estimates his net worth to be over $400 million, with most of this wealth stemming from the Five Guys restaurant franchise. The owners of Five Guys are five brothers, and Jerry Murrell is one of these brothers, playing a pivotal role in establishing the restaurant chain.
Five Guys is generating significant revenue from its single restaurant and is expanding with additional branches in multiple locations. You can find a Five Guys restaurant in your nearby area within the US or other non-Asian countries. The concept of building this restaurant was Jerry’s idea, and it’s clear how that idea has become successful.
Biography & Wikipedia
Jerry was born to a middle-class family on October 16, 1940, and died on November 13, 2024, at 84. His brothers are still alive and have lived in the Washington, DC, area since 1986. That provides a brief biography; let’s move on to more detailed information about Jerry’s life.
Key Information
Attributes | Detail |
---|---|
Full Name | Jerry Murrell |
Date of Birth | 16 October 1940 |
Place of Birth | Alpena, Michigan |
Current Residence | Washington, DC |
Age | 84 years |
Profession | Restaurateur |
Education | Graduated |
University | University of Michigan |
Father | Not Publicly Disclose |
Mother | Not Publicly Disclose |
Gender | Male |
Marital Status | Married |
Current Wife | Esther Bunton Murrell |
Children | 04 |
Siblings | 08 |
Religion | Christian |
Ethnicity | White |
Sexuality | Straight |
Height | 6’5” |
Weight | 75 kg |
Sun Sign | Libra |
Jerry Murrell Net Worth
Jerry Murrell, one of the Five Guys brothers, has a total net worth of over $400 million. The net worth of all the Five Guys brothers collectively exceeds $1 billion. As the number of Five Guys locations grows, their net worth also increases. Their primary source of wealth comes from the restaurant industry, which they entered right after completing their education.
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Founder Of Five Guys
The Five Guys food chain was initially launched by Jerry Murrell and his four brothers, who joined him in running the restaurant. Their collaboration significantly improved the company’s performance and net worth. Since 1986, Jerry Murrell served as the CEO of Five Guys. After passing, one of his brothers took over and successfully managed the restaurant.
All the brothers equally manage this restaurant and Five Guys Enterprises LLC by dividing their responsibilities. Matt and Jim oversee operations in the United States, visiting stores, while Chad trains staff overseas. Ben works in the franchise area, and Tylor manages the bakery. The other brothers are also involved in different aspects of the business. Jerry serves as the CEO of Five Guys and leads all major projects.
Five Guys Locations
The first Five Guys restaurant opened in Arlington County, Virginia. Since then, the brand has expanded significantly, with locations now serving delicious food in over 1,700 restaurants worldwide, all maintained by Five Guys.
This restaurant is famous for its unique style of hot dogs, first created by Jerry Murrell at the original Five Guys stall. In addition to hot dogs, the food chain serves sandwiches, burgers, drinks, milkshakes, and various fast food options, all of which can be customized with multiple toppings.
Five Guys’ Net Worth
Five Guys, with over 1,700 locations worldwide as of 2024, generates average revenues of $1–$1.15 million per location annually. Known for its fresh ingredients and simple menu, the brand thrives on its loyal customer base and global expansion.
Jerry Murell Education
Jerry received his middle and high school education from a nearby Catholic Central High School. He earned his Associate of Arts degree from ACC in 1964. He completed his studies at the University of Michigan, where he obtained his graduation certificate and bachelor’s degree in economics in 1967. His brothers also received their education from similar institutions.
Jerry Murrel Family
Jerry Murrel had a large family of 8 siblings, but at the time of founding Five Guys Restaurant, they were only 5 brothers. Jerry’s brothers are Jim Murrell, Matt Murrell, Chad Murrell, Ben Murrell, and Tyler Murrell, but have no sisters. He married Esther Bunton Murrell, had a couple of children, and lived together for 50 years since his death.
Networth Resources of Jerry Murrell
Several resources are available regarding the net worth of Jerry Murrell and the Five Guys founding team, contributing to their wealth and recognition among wealthy individuals in the United States and beyond. Below is a comprehensive list of net worth resources for the Five Guys founders.
Five Guys Restaurant
Jerry starts his business and career in a restaurant named Five Guys. His first project remains successful and now this single restaurant is earning millions and a billion dollars in property. Jerry’s biggest resource of net worth is the five guys.
Five Guys Franchise
All of Jerry’s brothers are working as a restaurateur which is why they’ve expanded this business towards franchises. Five guys now also working as franchise workers and are earning millions of dollars from this business.
Multiple Location Restaurants
Now the Five Guys restaurant has expanded to every location and at that time it has more than 100 restaurants in overall world. All these five guys’ restaurants and franchises help expand Jerry and their brother’s net worth.
Social Accounts of Jerry Murrel
Jerry and his siblings are active on social media, sharing their experiences and providing updates about the Five Guys restaurants. Most of their social media accounts are named after Five Guys, reflecting the connection to the five brothers. You can find the social media accounts for Jerry and Five Guys in the table below:
Social Accounts | Social Accounts Links |
/fiveguys | |
.instagram.com | |
/company/fiveguysinternational |
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FAQs
Who is the founder of Five Guys?
Jerry Murrell founded Five Guys, which established this restaurant in 1986.
When were five guys founded?
Five Guys restaurant was founded in 1986 in Arlington country, VA, by the Five Guys.
Who are the five guys?
The five guys are the five brothers named Jerry, Matt, Jim, Chad, and Ben.
Who are the five guys’ competitors?
Being a famous restaurant, Five Guys has numerous competitors, including in-N-out Burger, McDonald’s, Sonic Drive-in, and Qdoba.
What is the net worth of five guys?
According to recent research, the net worth of this large company is more than $500 million.
What is the annual revenue of five guys?
Five Guys earns $1.711 billion in revenue each year.