Age, Biography and Wiki

David Edgerton is an American entrepreneur and business executive who has an estimated net worth of $2.5 billion. He is the co-founder of the fast-food chain Burger King, which he founded with his business partner James McLamore in 1954. Edgerton served as the company's president and CEO from 1957 to 1967. He also served as chairman of the board from 1967 to 1989. Edgerton attended the University of Pennsylvania, where he earned a degree in economics. After college, he served in the U.S. Navy during World War II. After the war, he worked as a salesman for a food-service equipment company. In 1954, Edgerton and McLamore opened the first Burger King restaurant in Miami, Florida. The restaurant was an instant success, and the company quickly expanded to other locations. By 1967, Burger King had more than 250 locations. Edgerton served as president and CEO of Burger King until 1967, when he was succeeded by McLamore. He remained chairman of the board until 1989. In 2006, Edgerton and McLamore were inducted into the National Restaurant Association Hall of Fame. In addition to his business career, Edgerton is also a philanthropist. He has donated millions of dollars to various charities, including the United Way, the American Red Cross, and the Boys & Girls Clubs of America. He is also a major donor to the University of Pennsylvania.

Popular As David Russell Edgerton Jr.
Occupation Entrepreneur
Age 91 years old
Zodiac Sign Gemini
Born 26 May, 1927
Birthday 26 May
Birthplace Lebanon, Pennsylvania, U.S.
Date of death (2018-04-03) Miami, Florida, U.S.
Died Place Miami, Florida, U.S.
Nationality Lebanon

We recommend you to check the complete list of Famous People born on 26 May. He is a member of famous Entrepreneur with the age 91 years old group.

David Edgerton Height, Weight & Measurements

At 91 years old, David Edgerton height not available right now. We will update David Edgerton's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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David Edgerton Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is David Edgerton worth at the age of 91 years old? David Edgerton’s income source is mostly from being a successful Entrepreneur. He is from Lebanon. We have estimated David Edgerton's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Entrepreneur

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Timeline

2018

Edgerton died on April 3, 2018, at the age of 90, from complications from surgery following a fall.

1985

In 1985, Edgerton brought further restaurants throughout San Francisco and Monterey, before in 1993 purchasing shares in three Fuddruckers Restaurants.

1978

Edgerton left the Burger King organization after its sale and he established the Bodega Steakhouse chain, which had locations throughout Florida, Chicago, Detroit and Dallas, until selling it in 1978.

1965

Burger King was expanding, but as McDonald's went public in 1965, organic growth became difficult in keeping up. The pair sold the 274 store business to Pillsbury in 1967 in an attempt to grow under the brand.

1961

In 1961, McLamore negotiated the national rights to Burger King and began growth across the country. McLamore and Edgerton created two supporting businesses in 1962: Distron and Davmor Industries. Distron became the food distribution center for all the stores. Davmor Industries was the manufacturing plant that produced all kitchen equipment for each new store.

1957

He returned to Florida to become manager of Howard Johnson's Restaurants, which had locations in Miami and Orlando. At the time, he became interested in opening a Dairy Queen, with a burger section, when he met business partner and fellow restaurateur and Cornell University alumnus James McLamore. Together, they developed Insta-Burger King, the forerunner of the concept of the Burger King model of fast service, limited menu and low prices. Customers came into the restaurant to pay for orders in advance, as opposed to the traditional method of carhops attending customers directly and bringing their orders to their vehicles. The corporation opened Burger King stores and went on to introduce the Whopper burger in 1957, when it also dropped "Insta" from the name. At this same time, Edgerton, frustrated with the issue-prone Insta machines, created the flame broiler, which would provide the signature flavor for Burger King.

1927

David Russell Edgerton Jr. (May 26, 1927 – April 3, 2018) was an American entrepreneur and co-founder of Burger King, in what would become the second largest burger chain after McDonald's. After serving as a manager of another restaurant, Howard Johnson's, on March 1, 1954 he opened a franchise outlet of the restaurant chain Insta Burger King in Miami, Florida. On June 1 of the same year, he met fellow restaurateur James McLamore and the two founded the Burger King Corporation. After leaving Burger King, he went on to start Bodega, a steakhouse restaurant.

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