McDonald's CEO is not a billionaire.
Although McDonald's CEO is wealthy and has an estimated net worth that is in the tens of millions of dollars.
McDonald's CEO is Chris Kempczinski and his net worth is estimated to be around $22.1 million dollars, which is also based on his stock ownership and past stock sales.
McDonald's CEO Chris Kempczinski's net worth is primarily a result of his ownership of McDonald's stock and compensation from McDonald's over the years.
McDonald's CEO's total compensation is around $18.2 million dollars a year, which is from his base salary, stock awards and other compensation.
McDonald's is a publicly traded company, so it is owned by its shareholders, with institutional investors like Vanguard Group Inc. and BlackRock, Inc. holding the largest stakes.
Chris Kempczinski is the current President and CEO, managing the McDonald's company's operation.
A McDonald's franchise costs between $1 million and $2.3 million to start, with an initial investment range of $1.5 million to $2.5 million for new restaurants, including a $45,000 franchise fee.
Potential franchisees must have at least $500,000 to $750,000 in liquid assets, with ongoing costs including royalties, rent, and marketing fees.
The exact cost depends on factors like location and whether the franchise is new or existing/