Tony Townley

$1.22B
as of 10/09/26

About Tony Townley

Tony Townley founded the chicken chain Zaxby's with Zach McLeroy, his best friend since the seventh grade.

Townley and McLeroy each put up $8,000 to open the first Zaxby's restaurant in Statesboro, Georgia in 1990.

In 2020, Townley sold his stake in the business to Goldman Sachs for nearly $1 billion (pre-tax).

McLeroy sold part of his stake and remained CEO after the sale before stepping down from the chief executive role in 2022.

Townley and his wife Elizabeth have poured a chunk of their earnings into buying at least 35,000 acres of timberland and farmland around Georgia.

Personal stats

Citizenship

United States of America

Source of wealth

Fast food

Residence

Bogart, Georgia

Marital status

Married

Birth date

05/01/62 (age 64)

Number of children

4

Self-made

self-made

Tony Townley’s fortune is worth

20K

troy ounces of gold

19K

median U.S. household

12K

median U.S. income

0.024%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

Net worth history

Annual ranking

Did you know?

Before founding Zaxby's, Townley was CEO and president of Southern Mortgage & Lending Corporation in Athens, Georgia.

Net worth over time

Real-time ranking

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