Marilyn Kroc Barg Net Worth
Marilyn Kroc Barg, the daughter of McDonald‘s founder Raymond Kroc, was reported to have an estimated net worth of $6 million at the time of her death.
In comparison, her father’s net worth was a staggering $600 million. Raymond Kroc’s success with McDonald’s was undeniable, as the fast food chain had grown to have 7,500 outlets in the United States and 31 other countries and territories by the time of his death.
The total sales of all McDonald’s restaurants worldwide were a staggering $8 billion in 1983. This demonstrates the significant impact that Raymond Kroc had on the fast food industry and his lasting legacy in the world of business.
Marilyn Kroc Barg Bio
Marilyn Janet Kroc was the only child of Raymond Albert Kroc, who played a crucial role in the growth and success of McDonald’s restaurants.
Raymond Kroc was the man responsible for taking the small burger chain created by the McDonald brothers and turning it into the global fast food giant that it is today.
Despite being the only child of such a successful and influential figure, Marilyn Kroc remained relatively private and rarely spoke about her relationship with her father or her involvement with the McDonald’s corporation. However, she did make significant contributions to various charitable organizations and was known for her philanthropic efforts.
Marilyn Kroc Barg Age
Marilyn Janet “Lynn” Kroc Barg was born on October 15, 1924 in Chicago, Illinois. She lived a relatively private life, and not much is known about her personal or professional endeavors.
However, it is known that she passed away on September 11, 1973 at the age of 48. Lynn Kroc Barg was laid to rest at Memorial Park Cemetery in Skokie, Cook County, Illinois, USA.
Her passing was undoubtedly a loss for her loved ones and for the community. Despite her relatively short life, Lynn Kroc Barg left a lasting impact on those around her and will be remembered for her contributions and legacy.
Marilyn Kroc Barg Cause of Death
Marilyn Janet Barg, also known as Marilyn Kroc, was the only child of Raymond Kroc, the founder of McDonald’s. She was born in 1924 and lived a relatively private life, with not much information available about her personal or professional endeavors.
Unfortunately, Marilyn Kroc passed away in 1973 at the young age of 48 due to complications from diabetes. Diabetes is a chronic condition that affects the way the body processes glucose, or sugar, and can lead to serious health complications if not properly managed.
Marilyn Kroc’s untimely death was a loss for her loved ones and for the community, and she will be remembered for the impact she made during her short life.
Marilyn Kroc Barg Father
Raymond Albert Kroc was a successful American businessman who is best known for his role in the growth and expansion of McDonald’s.
Kroc was born on October 5, 1902 and spent much of his career working in the food and restaurant industry. In 1961, he made the decision to purchase McDonald’s, a small fast food chain that was founded by the McDonald brothers.
Kroc served as the CEO of McDonald’s from 1967 to 1973, during which time he oversaw the expansion of the company into a global fast food corporation. Due to the significant growth of McDonald’s under Kroc’s leadership, he is often referred to as the founder of the McDonald’s Corporation.
After retiring from McDonald’s, Kroc went on to own the San Diego Padres, a Major League Baseball team, from 1974 until his death on January 14, 1984.
Ray Kroc Parents and Early Life
Raymond Albert Kroc was born on October 5, 1902 in Oak Park, Illinois, a suburb of Chicago. His parents, Rose Mary and Alois Kroc, were both of Czech descent and had immigrated to the United States.
Alois Kroc had made a fortune speculating on land in the 1920s, but unfortunately lost everything during the stock market crash of 1929.
Kroc’s early life was marked by several significant events, including World War I and the Great Depression. When he was just 15 years old, he lied about his age and joined the Red Cross as an ambulance driver, where he served alongside Walt Disney.
After the war ended, Kroc struggled to make a living and worked a variety of jobs, including selling paper cups, working as a real estate agent in Florida, and playing the piano in bands.
Despite these challenges, Kroc remained determined and eventually found success in the food and restaurant industry.
Raymond Kroc Net Worth at Death
By the time of Kroc’s death in 1984, the McDonald’s chain had grown significantly, with 7,500 outlets in the United States and 31 other countries and territories.
In 1983, the total system-wide sales of McDonald’s restaurants reached over $8 billion, and Kroc’s personal fortune was estimated to be around $600 million.
Raymond Kroc Wife (Marilyn’s Mother)
Raymond Kroc had three marriages in his lifetime. His first marriage was to Ethel Fleming, whom he met in 1919 and married in 1922.
They moved to Chicago, Illinois together and welcomed their daughter Marilyn in 1924. However, their marriage ended in divorce.
Kroc’s second marriage was to Jane Dobbins Green, which also ended in divorce. His third wife, Joan Kroc, was a philanthropist who increased her charitable donations after Kroc’s death.
She supported a variety of causes, including the promotion of peace and nuclear nonproliferation. Upon her death in 2003, she left a $2.7 billion estate that was distributed among several nonprofit organizations, including a $1.5 billion donation to The Salvation Army to build 26 Kroc Centers and a $200 million donation to National Public Radio.
In addition to these contributions, she also donated to community centers serving underserved neighborhoods throughout the United States.
Raymond Kroc Cause of Death
Raymond Kroc, the founder and former CEO of McDonald’s, suffered a stroke in 1980 and received treatment at an alcohol rehabilitation facility.
Despite this, he eventually passed away from heart failure at a hospital in San Diego, California on January 14, 1984 at the age of 81.
He was then buried at the El Camino Memorial Park in Sorrento Valley, San Diego. Kroc is remembered as a key figure in the success of McDonald’s and the global expansion of the fast food chain.