Peter Cancro
$5.63B
as of 10/04/24
About Peter Cancro
Peter Cancro is the owner and CEO of popular sandwich chain Jersey Mike's.
The Manasquan, New Jersey-based business recorded $3.3 billion in systemwide sales from more than 2,800 stores in 2023.
It all started in 1972 when Cancro, then 14, got a job at Mike's Subs in his hometown of Point Pleasant, New Jersey.
Three years later, the store came up for sale and Cancro borrowed $125,000 from his football coach to buy it.
In 1981, Cancro changed the name to Jersey Mike's and began franchising across the U.S.
Personal stats
Citizenship
United States of AmericaSource of wealth
Jersey Mike's SubsPeter Cancro’s fortune is worth
94K
troy ounces of gold
87K
median U.S. household
56K
median U.S. income
0.113%
U.S. credit card volume
0.023%
GDP of the United States
0.017%
United States debt
Did you know?
Only 1% of people who apply to own a Jersey Mike's franchise get one, according to the company, making it more competitive than getting into Harvard
Net worth over time
Real-time ranking
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