Richard McDonald Founder of McDonald
Biography of Richard McDonald
Early Life
Richard McDonald founder of McDonald restaurant was a well known businessman of America. He was born in the year of 1909 on February 16th in Manchester, New Hampshire in United States of America. His full name was Richard James McDonald. He got his early education from his father who was a teacher in local school. Later on, he was admitted in his town school for formal education. After his early formal education, he was enrolled in Lucille College for further studies.
Interest in Business
His interest in business started in a quite young age due to lack of interest toward his studies. Studies were not getting his proper attention and he wanted to earn money in a short way. Hence in this way, he started many small businesses one after another. He didn’t succeed in these businesses and all business failed after a short span of time. This thing raised his keenness about business and he started to think about any proper business plan.
Co Founder of McDonald Restaurant
He discussed his plan with his elder brother Maurice McDonald who was also interested in a business and was doing a job those days. They didn’t have any proper idea or plan about business that what they should start. They discussed many ideas and at last finalized an idea to start a restaurant of fast food products. This idea led them to the founding of McDonald’s restaurant in year of 1948 in North E -street in San Bernardino of California. Both of these brothers had equal 50% shares in restaurant’s profit and became the first fast food pioneers of USA.
McDonald Restaurant
McDonald’s restaurant was founded by Richard McDonald and his elder brother Maurice McDonald in the year of 1948. They started it in North E Street in San Bernardino of California for first time. This restaurant eventually became so famous that just after a couple of months; they started its second branch in West 14th street of the same area. The fame of this restaurant led both brother to start its franchising in the year of 1953 and it started for the first time in Arizona and Phoenix with Neil Fox. The franchising idea for this restaurant proved so good that presently it is one of the top ten restaurant chains of the world with its branches in more than 60 countries of the world.
Death
Richard died in the year of 1998 on 14th July in Manchester, New Hampshire in USA. He was 89 years of age at the time of his death.
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