Junior Bridgeman has an estimated net worth of over US$600 million.
He is also known as Ulysses Lee a renowned former professional basketball player who became a businessman after retiring from Basketball.
He stepped into business when he retired from sports and made his fortune very big and while playing as a basketball athlete he was making around US$350,000 a year.
In 1988, he founded Bridgeman Foods, Inc., the Restaurants and Other Eating Places industry.
Bridgeman Foods, Inc. operated more than 160 Wendy’s and 120 Chili’s restaurant franchises, and the big project Junior Bridgeman’s company got in 2017 was a bottler for The Coca-Cola Company.
Bridgeman is also famous for owning Ebony and Jet magazines in the US.
Junior Bridgeman Net Worth, House: Let’s Explore Junior Bridgeman Wealth
Junior Bridgeman has an estimated net worth of over US$600 million.
His NBA career spanned from 1975 to 1987, a time when players didn’t earn the extravagant salaries seen today. His highest NBA salary was $350,000 in 1985 with the Clippers.
Aware that his time in the NBA would be relatively short, Bridgeman planned for his future beyond basketball.
He leaped and purchased a Wendy’s franchise, his favorite fast-food restaurant. While other players relaxed during the offseason, Bridgeman immersed himself in the business, learning every aspect of running a franchise. This dedication laid the foundation for his and his family’s future.
As Bridgeman’s playing days ended, he expanded Bridgeman Foods Inc. from three Wendy’s locations to over 160 Wendy’s and more than 120 Chili’s franchises by 2016.
With an annual revenue exceeding $530 million and employing over 11,000 people, Bridgeman became one of the largest Wendy’s franchise owners globally and a respected business leader in America.
In 2016, Bridgeman sold his fast-food empire, with the parent company of Chili’s purchasing 116 of his franchises, generating approximately $300 million in annual revenue.
He then ventured into bottling for The Coca-Cola Company in 2017 and signed a letter of intent in 2018 to acquire bottling operations in Canada. Bridgeman now serves as the president and CEO of Coca-Cola Heartland, overseeing operations across multiple states with his son, Justin.
Heartland supports various charitable organizations, including the Crittenton Children’s Center at St. Luke’s Hospital in Kansas City and the Crisis Nursery and St. Patrick Center in St. Louis, reflecting Bridgeman’s commitment to giving back to the community.
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