Born Peter William May, he is a 74-year-old successful businessman, best known to the world for his involvement with the Wendy & Co. restaurants and bars chain, and for owning a stake in Tiffany & Co., an apparel and accessories retailer, among many other differing accomplishments. Unfortunately, his exact place and date of birth remain unknown in the media.
Have you ever wondered how rich Peter W. May is, as of late 2017? According to authoritative sources, it has been estimated that May’s net worth is over $30 million, an amount earned through his successful career as a businessman, active since the ‘80s.
Peter W. May Net Worth $30 Million
Before venturing into professional waters, Peter acquired a Bachelor and Master’s degrees from the University of Chicago in business administration. Years later, Peter received an honorary doctorate degree from the New York University, and also Master of Business Administration from the University of Chicago, Booth School of Business.
His professional career started in 1983 when he was appointed President, Chief Operating Officer and a director of Triangle Industries, Inc. He served in these positions until 1988, when the company was acquired by Pechiney, S.A. He then joined the Mount Sinai Hospital and became the chairman of The Mount Sinai Health System, Inc, which significantly increased his net worth.
In 1993 he became director of the Wendys Co, then named Triarc Companies; Nelson Peltz was company’s CEO, while Peter was a director. The two led the company to become one of the most successful companies in the food and beverage industry by acquiring several other companies. Then in 2008 Trirc Companies acquired Wendy’s and renamed the whole company to The Wendy’s Company, since when Peter has been serving as non-executive vice chairman.
Back in 2005, Peter, Peltz and Edward Garden started the Trian Partners, an asset management firm, which since has grown into a multi-billion management fund. This also increased Peter’s net worth to a large degree.
Regarding his personal life, there isn’t any information about Peter’s marital status or number of children, if any – he certainly keeps his private life exactly that.
Peter is a well-respected philanthropist; he sits on the board of a number of philanthropic, health, and educational facilities, such as Leni & Peter May Family Foundation, The Mount Sinai Health System, Inc., the University of Chicago, the Laura Rosenberg Foundation, Inc., and Lincoln Center for the Performing Arts, Inc. among many others. He is currently resident in New York City.
The post Peter W. May Net Worth appeared first on Net Worth Post.