Fred DeLuca Net Worth

Fred DeLuca was an American entrepreneur who co-founded Subway in 1965 with the help of a $1,000 loan from family friend Peter Buck. After the first store failed, DeLuca opened another one and within a decade, he had 32 stores operating under a franchise model. In 2013, DeLuca was diagnosed with leukemia and handed over the daily running of the company to his sister, Suzanne Greco.
Fred DeLuca is a member of Food and Beverage

Age, Biography and Wiki

Who is it? President and Co-Founder, Doctor's Associates (Subway)President and Co-Founder, Doctor's Associates (Subway)
Birth Day October 03, 1947
Birth Place United States
Died On September 14, 2015(2015-09-14) (aged 67)\nLauderdale Lakes, Florida, U.S.
Birth Sign Scorpio
Cause of death Leukemia
Alma mater University of Bridgeport
Occupation Businessman
Years active 1965–2015
Title Founder/President of Subway (1965–2015)
Spouse(s) Elisabeth (1966–2015; his death)
Children 1
Parent(s) Carmela and Salvatore
Relatives Suzanne Greco (sister)

💰 Net worth: $2.5 Billion (2023)

Fred DeLuca, widely recognized as the President and Co-Founder of Doctor's Associates, the parent company of Subway, is projected to have a net worth of $2.5 billion by 2023. With his significant contribution to the growth and success of Subway, DeLuca has solidified his position as a prominent figure in the fast-food industry. As the company's President, he has played a pivotal role in its expansion, making Subway one of the largest and most recognizable sandwich chains in the United States.

2010 $1.8 Billion
2011 $2.2 Billion
2012 $2.5 Billion
2013 $2.8 Billion
2014 $2.6 Billion
2015 $2.5 Billion
2018 $2.5 Billion

Some Fred DeLuca images



Fred DeLuca was born in Brooklyn, New York, on October 3, 1947 to Italian American parents Carmela and Salvatore DeLuca. At the age of 10, DeLuca moved to Amsterdam, New York, where he and his family became friends with Peter Buck. Once in his teens, he moved with his family to Bridgeport, Connecticut. After succeeding in his Business, DeLuca realized his dream to go to college and graduated from the University of Bridgeport.


The first shop opened on August 28, 1965 at a mediocre location in the city of Bridgeport, Connecticut. The first year of Business was a learning experience and a challenge. A year later they opened their second location, having realized that visibility and marketing were key factors to success. DeLuca believed that the biggest mistake he made was where he set up his very first shop as it was a "crummy location." The third outlet was in a highly visible location and that location is still there today.


In 1978, Subway's 100th store opened, and reached the 1,000 store mark in 1987. Explosive growth continued with Subway opening 1,100 units in 1993 alone. By comparison, McDonald's opened 800 that same year.


At the graduation commencement in 2002, DeLuca received an honorary Doctor of Humane Letters (L.H.D.) from his alma mater, the University of Bridgeport.


On July 15, 2013, DeLuca announced that he was being treated for leukemia. DeLuca died on September 14, 2015, at Lauderdale Lakes, Florida.