2min chapter

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#293: Ray Kroc (The Making of McDonald's)

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CHAPTER

The 12 Apostles Want the McDonald's Brothers for $2.7 Million

In 1977, Ray Kroc was trying to get out of a contract for $68,000 when he was selling multimesers. He called Dick McDonald and asked him to name their price. They were asking for $2.7 million. This was going to really take some financial wheeling and dealing. So they wind up getting in touch with this guy who's actually the financial advisor at Princeton University,. The 12 apostles want the McDonald's brothers, what they were getting, the half a percent of gross sales of all McDonald's stores.

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