Co-founder of Pizza Hut Frank Carney died of pneumonia at the age of 82 years.
Carney, who founded the Pizza Hut Empire in Wichita with his brother, died after being infected with COVID-19. He recovered from the virus, but he had Alzheimer’s for over ten years, reports Wichita Eagle. Karni died at 4:30 a.m. in a nursing home in Wichita.
Frank Carney was a 19-year-old university student when he and his 26-year-old brother Dan borrowed $600 from his mother to open a pizzeria in 1958 near Carney’s family market.
PepsiCo bought Pizza Hut for $300 million in 1977. Over the years, Carney has worked for other food companies, real estate, oil and gas, automotive, rental and recreational activities. Only five of about 20 companies brought him profit.