Franchise Times - Dealmaker of the Year


"Andy Wiederhorn, CEO of FAT Brands, owner of Fatburger and Buffalo’s Cafe, had two of the usual strikes against him when he decided to take his company public. First, there wasn’t an appetite for restaurant companies on Wall Street—the last restaurant company before FAT to go public was in 2015. Second, investment bankers “thought we were too small.”

But the third strike was unique to Wiederhorn, the 52-year-old entrepreneur who made his first fortune buying and selling portfolios of foreclosed real estate back in the 1990s and racking up a $140 million fortune by age 32. “Me and my background,” was the problem. “It was doors slammed in my face left and right,” he said"