Richard And Maurice McDonald Biography: Net Worth, Religion, Family, Age, Parents, Wikipedia, McDonald

Richard “Dick” McDonald and Maurice “Mac” McDonald are known as the McDonald brothers. They were American entrepreneurs.

They started the fast food company McDonald’s. Their idea changed how people eat fast food. Now, McDonald’s is a popular restaurant all over the world.

Profile

• Full Name: Richard McDonald and Maurice McDonald
• Stage Name: McDonald brothers
• Born: Maurice McDonald (November 26, 1902) and Richard McDonald (February 16, 1909)
• Died: Maurice McDonald (December 11, 1971(aged 69) and Richard McDonald (July 14, 1998(aged 89)
• Birthplace: Manchester, New Hampshire
• Nationality: American
• Occupation: American entrepreneurs
• Height: Unknown
• Parent: Patrick James McDonald and Margaret Anna Curran McDonald
• Spouse: Dorothy McDonald (Richard McDonald)
• Children: Carmen Marie McDonald
• Relationship: Married
• Net Worth: Unknown

Early Life And Education

Richard McDonald was born on February 16, 1909. His brother, Maurice McDonald, was born earlier on November 26, 1902. They grew up in Manchester, New Hampshire. Their parents were Patrick James McDonald from Dingle and Margaret Anna Curran McDonald. Richard and Maurice are American.

Career

The McDonald brothers opened their first restaurant in Los Angeles in 1937. In the 1940s, they ran a successful drive-in restaurant. However, they noticed problems that hurt their profits. Expensive menu items, like barbecue sandwiches, were not popular. They also used real dishes, but those often got lost or broken. Plus, the drive-in’s reputation as a place for rowdy teenagers scared away families.

The McDonald brothers had a successful restaurant. They wanted to make $1 million before turning 50. To reach this goal, they started franchising their restaurant system in 1953. The first franchise opened in Phoenix, Arizona. It was run by Neil Fox.

Ray Kroc, a salesman for milkshake machines, noticed the McDonald brothers. He sold them eight Multi-Mixers for their restaurant in San Bernardino, California. In 1954, Kroc visited their restaurant. That same year, the McDonald brothers hired him as their franchise agent. Kroc took 1.9% of the gross sales. The McDonald brothers received 0.5% of that amount.

Kroc was frustrated with the McDonald brothers. They wanted to keep their restaurants small. They also told Kroc he could not change the original design. This made Kroc want full control of the company. In 1961, he bought the company for $2,700,000. That is about $28,400,000 today. Kroc made sure each brother received $1,000,000 after taxes. This is about $10,500,000 in today’s money.

On November 30, 1984, Richard McDonald made history. He was the first cook at McDonald’s. Ed Rensi, the president of McDonald’s USA, handed him the special 50 billionth hamburger. This event took place at the Grand Hyatt hotel in New York City. It was a big moment for the company and its fans.

Social Media

The McDonald brothers does not have social media account.

Personal Life

Maurice McDonald kept his personal life private. We don’t know much about his wife and kids. His brother, Richard McDonald, is married to Dorothy McDonald. They got married in 1965. Richard and Dorothy have a child named Carmen Marie McDonald.

Net Worth

The McDonald brothers started one of the biggest and most successful fast-food chains in the world. However, we don’t know how much money they have.

Many people have looked into this, but there is no clear information about their personal wealth. This could be because they sold their business to Ray Kroc early on. It might also be because they chose to keep their financial lives private.