Colonel Sanders Net Worth: Colonel Sanders was an American businessman who had a net worth of $ 10 million at the time of his death (adjusted for inflation – his actual net worth was $ 3.5 million dollars in 1980). He was best known for being the founder of Kentucky Fried Chicken (KFC).
Harland Sanders was born in Henryville, Indiana in September 1890 and died in December 1980. He was also an ambassador and symbol for the KFC brand. He did not serve in the military but was awarded an honorary title of Kentucky colonel. He was born Harland Sanders and worked as a steam engine driver, grading station operator and insurance salesman. He founded KFC during the Great Depression and developed his secret recipe and method of cooking chicken in a pressure fryer. He focused on franchising his chicken across the United States. In 1964, Sanders sold the company to investors for $ 2 million at age 73. This works out to around $ 15 million today after adjusting for inflation. He remained a brand ambassador and retained control of operations in Canada.
Harland Sanders died on December 16, 1980. He was 90 years old. At the time of his death he was worth $ 3.5 million ($ 10.1 million inflation adjusted). Maybe not as much as you might think considering the fact that today KFC’s annual turnover exceeds $ 23 billion.