Born and raised in Louisville, Kentucky, Wayne Kent Taylor became a successful American businessman, investor, and entrepreneur. The “Texas Roadhouse” chain of restaurants that Kent founded and currently oversees as chairman and CEO has brought him widespread fame. Reports have it that Wayne Kent Taylor died when he was 65, leaving behind a large fortune. Kent Taylor’s net worth is a topic of interest.
Taylor’s wealth has increased thanks to his participation in the success of Texas Roadhouse and other enterprises in which he has invested. He is now one of the wealthiest in Kentucky and ranks high on the list of successful American restaurant owners.
Moreover, Wayne was also a philanthropist and a supporter of several nonprofits. In this article, I will discuss Kent Taylor’s net worth and how he became wealthy.
Kent Taylor’s net worth
It was estimated that the acclaimed restaurant leader Kent Taylor’s net worth was close to $600 million.
Through his food business endeavors, he allegedly controlled over 70,000 units with an estimated $292,000,490.
Even in the stock market, Taylor kept his head straight and made £305,120,627 from stock sales during the past 16 years.
The business tycoon sold 70,000 shares in TXRH on March 15, 2021, for around $98.4 per, bringing the total amount he received from the sale to $6.9 million.
In addition to his enormous wealth, Taylor was the visionary behind the success of Texas Roadhouse Inc.
Revenue for 2020 was $2.4 billion, a record high for the firm.
From the company’s $4,899,742 in revenue in 2020, Taylor reportedly took home $525,000.
He made news after donating his 2020 salary and bonus to aid employees on the “front lines” of the coronavirus epidemic. This donation is estimated to be worth roughly $1 million.
About Kent Taylor
For those unfamiliar, Wayne Kent Taylor created Texas Roadhouse, a business magnate whose trademark is a brown cowboy hat.
In the 1980s, he began his restaurant career at Bennigan’s, and subsequently, as a manager at KFC, he hatched the idea for his innovative eating experience.
As executive chef, Taylor launched the Buckhead Hickory Grill in 1991. Later, he decided to focus on a steak concept, and in 1993, the first Texas Roadhouse restaurant debuted in Clarksville, Indiana.
The businessman’s past experiences in the restaurant industry prompted him to start two more eateries of his own, Bubba’s 33 and Jaggers.
Following its initial public offering in 2004, his Texas Roadhouse business continued to grow, and in 2011, he began expanding it internationally. Roadhouse is a casual dining restaurant business created in 1993 in Clarksville, Indiana, Texas. Even though three of the chain’s initial five restaurants were unsuccessful, the company has expanded to 611 locations throughout 49 states and 28 sites internationally across ten countries.
Surprisingly, They say Mr. Taylor was instrumental in running Texas Roadhouse until he passed away.He monitored the establishment’s food offerings, curated the restaurants’ wall art, and hand-selected the tunes played on the jukeboxes.
Taylor was also a member of the board of directors for the entrepreneurial group Endeavour Louisville.
The beloved figure was recently named as one of Louisville’s most prominent business executives in Business First’s first Power 50 list and was known for his compassion and kindness.
Kent Taylor’s Family
Wayne Kent Taylor’s dad, Powell Taylor, was a lieutenant in the United States Army, so that’s where he and his mom had their baby on September 27, 1955: Fort Leonard Wood, Missouri. Born and reared in Louisville, he is the son of a General Electric employee and a boutique buyer. His mother, Marilyn (Bergmann) Taylor.
Besides, Kent Taylor attended UNC on a track scholarship and ultimately earned a degree there.
He leaves behind his wife, Michelle; daughters, Michelle, Brittney, and Max; and five grandkids. The two marriages he had with his wife each ended in divorce.
“Kent developed a billion-dollar firm with innovation, guts, and a lot of big risks,” Mr. McConnell remarked. Although Texas Roadhouse has locations worldwide, Kent has maintained its corporate headquarters in Louisville.
This guy is the real deal; he’s a legend.
As news of Taylor’s death spread, people began paying tribute to him. Someone posted, “The founder of Texas Roadhouse passed away today and left behind a legacy. He was a great leader who prioritized his employees’ happiness and growth while building a successful business. A toast to the life of the renowned Kent Taylor.
One more person chimed in, “Kent Taylor gave up his pay last year to divide between his staff for some covid relief.” Since he was so genuine and approachable, it was a pleasure to work for him. Kent, rest in peace. ” Added another, “My thoughts and prayers are with all the roadies. He was a one-of-a-kind individual, Kent Taylor.
Wayne Kent Taylor’s tragic demise
March 18, 2021, saw the publication of a death notice for Kent Taylor.
According to his family, he took his own life after dealing with the fallout from Covid-19.
They added, “Kent Taylor took his own life last week after battling with post-Covid related difficulties, especially severe tinnitus.”
Kent put up a valiant fight like the previous track champion he was, but the current suffering was too much for him to bear. On the other hand, in true Kent fashion, he was always on the lookout for ways to help others around him.
He recently promised money for clinical research to aid service members who experience tinnitus.
Besides his son and two daughters, Taylor also leaves behind four grandkids.
Greg Moore, the company’s current lead director, released a statement confirming the death of Texas Roadhouse Inc. co-founder Kent Taylor.
Arguments and Gossip
A famous American actor and singer, Kent Taylor is a household name. They’ve been married for a while and have two children together. Kent Taylor has also made headlines for his outspoken stance against same-sex unions, which has resulted in his incarceration on many occasions.
Fascinating Information About Wayne Taylor Kent
- Since Wayne was so kind, he belonged to several charitable groups.
- The list of organizations that Taylor has assisted and continues to support is long and diverse. It includes Homes for our Troops, the Kentucky Nature Conservancy, Special Olympics Kentucky, and Habitat for Humanity.
- The TV show Moxie Talk is only one of several on which he has made an appearance.
- From 1983 through 1989, Kent was an employee at Bennigan, a pioneer in the casual dining industry.
- He’s also been in a few advertisements for his “Texas Roadhouse” chain.
FAQs
Who is Kent Taylor?
In the United States of America, Kent Taylor was a well-known entrepreneur and the owner of the Texas Roadhouse chain.
How old is Kent Taylor ?
He had already lived to be 66 years old by his death in 2021.
When was Texas Roadhouse constructed, and by whom?
A popular chain of American eateries, Texas Roadhouse, was established by Kent Taylor in 1993. Hand-cut steaks, homemade sides, and frosty beers are the house specialties at this restaurant franchise. Since opening its initial location in Indiana’s Clarksville, Texas, Roadhouse restaurants have spread to all 50 states and nine foreign countries, with more than 460 locations overall.
What was Kent Taylor taught?
Kent Taylor, on the other hand, has a good education. He went to school in Canada and most likely graduated there. Details concerning his formal education and time spent in school have yet to be made public, though.
How rich is Kent Taylor?
Kent Taylor, the Texas Roadhouse restaurant chain owner, has a net worth of $602 million.
In how many places can one find a Texas Roadhouse?
As of August 2021, the network will have operated 627 stores spread throughout 49 states in the United States and 29 foreign sites in 10 different countries.
Final Thoughts
Kent Taylor’s achievements serve as an example to aspiring business owners all across the world. His wealth is remarkable, but what sets him different is his dedication to philanthropy.
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