Summer Savings! Get unlimited digital access for 13 weeks for $13.
Topics

Business

Inside billionaire Joe Grendys' chicken empire

Inside billionaire Joe Grendys' chicken empire

Billionaire Joe Grendys has no clue how Forbes found him. After all, he lives in the same Chicago bungalow where he grew up. His business, Park Ridge-based chicken processor Koch Foods (pronounced "cook"), has been on the magazine's list of largest privately held companies for several years running. So someone at the magazine figured out that Grendys owns almost all of it, pegging his net worth at $2.3 billion and ranking him No. 261 on Forbes list of 400 richest Americans. Koch Foods, which is not affiliated with Kansas-based Koch Industries, leases its first floor offices in a nondescript office building near O'Hare International Airport. The reception area is...

Loading

90°