Steve Grindstaff’s Net Worth, Biography, Career, Awards, Fact and Life Story

Net Worth: $10 Million

Steve Grindstaff net worth: Steve Grindstaff is an American auto executive who has a net worth of $10 million dollars. Steve Grindstaff was born in Elizabethton, Tennessee and played football during high school. This led to a scholarship to East Tennessee State University. He graduated from the school in the early 70s. While in college, he began working part-time for Bunton Chevrolet. He proved to be very good at the car-selling business, and he eventually dropped out of college, with one semester left, in order to focus on selling cars full-time. He also launched a successful real estate business. He subsequently purchased Bunton Chevrolet and renamed the business, Grindstaff Chrysler, Plymouth, and Dodge. Mr. Grindstaff has been the subject of multiple complaints about his business dealings, but this has not seemed to slow his success. He made headlines in 2011, when his massive, 20,000 square foot mansion dubbed “Crantzdorf Castle” on the market for $28.8 million. Crantzdorf Castle comes complete with an indoor tennis court, basketball court and full sized go-kart track. It has nine bedrooms and is located on a 13 acres of lakeside property. The castle eventually sold for a paltry $3.36 million.

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Woods Staton’s Net Worth, Biography, Career, Awards, Fact and Life Story

Woods Staton net worth: Woods Staton is the former President and CEO of Arcos Dorados (the largest McDonald’s franchise in the world). Woods Staton has a net worth of $1.7 billion. The Colombian billionaire holds a master’s degree in business administration from IMD, in Switzerland, as well as a Bachelor’s degree in Economics from Emory University. Woods started his career as the Joint Venture Partner for McDonald’s in Argentina, before acquiring the President of the McDonald’s South Latin America Division. Meanwhile, Woods worked in Panamco, the largest Coca-Cola bottler in Latin America that was founded by his grandfather. Eventually, he became Panamco’s CEO. The first time McDonald’s sought him out was in 1982, in order to open its first restaurants in Colombia, which was halted by guerrilla violence and import restrictions. It was in 1985, when Staton accepted an offer to launch the chain in Argentina with the backing of McDonald’s Chairman and CEO Fred Turner. This timing turned out to be a win-win combination. Ever since, the fast food chain expanded his duties to oversee Chile, Paraguay and Uruguay, and then Colombia, Ecuador, Peru and Venezuela. In 2007, Arcos Dorados (or “Golden Arches” in Spanish) gave McDonald’s $700 million for the rights to conduct McDonald’s both in Latin America and the Caribbean. Staton became a billionaire in April 2011, when the group that currently owns around 1,880 outlets in 20 countries and territories, debuted on the New York Stock Exchange.
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