Colonel Sanders Sold KFC For $2 Million Only To See The New Owners Cash Out For $285 Million Few Years Later

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Colonel Sanders Sold KFC For $2 Million Only To See The New Owners Cash Out For $285 Million Few Years Later — Why He Then Sued Them

benzinga.com/news/restaurants/25/07/46508419/colonel-sanders-sold-kfc-for-2-million-only-to-see-the-new-owners-cash-out-for-285-million-few-y

Harland Sanders, aka Colonel Sanders, built Kentucky Fried Chicken into a roadside sensation, then sold it in 1964 for just $2 million, keeping a lifetime salary and the face of the brand. The 73-year-old then also secured a $40,000 annual stipend, later indexed to inflation, and a…

This story appeared on benzinga.com, 2025-07-19 13:31:14.