SUCCESS STORY OF ANDY WIEDERHORN

ANDY WIEDERHORN

ANDY WIEDERHORN BORN IN 1965.

ANDY WIEDERHORN IS A SUCCESSFUL BUSINESSMAN FROM OREGON.

HE WAS THE FOUNDER AND CEO OF WILSHIRE CREDIT CORPORATION.

WHEN HE WAS STILL THIRTY-TWO YEARS OLD, HIS FORTUNE WAS ESTIMATED AT

$140 MILLION.

CURRENTLY, ANDY WIEDERHORN IS THE MAJORITY SHAREHOLDER AND CEO IN

FOG CUTTER CAPITAL THAT HAD BEEN LISTED ON NASDAQ FOR A WHILE.

THE CORPORATION OWNED AN IMPORTANT POSITION IN

FATBURGER THAT IS A CHAIN OF RESTAURANTS BASED IN

SOUTHERN CALIFORNIA.

IN 2009, ANDY MOVED TO BEVERLY HILLS.

HE SAID THAT HE WANTED TO MAKE HIS COMMUTE TO THE SANTA

MONICA COMMAND CENTER OF FATBURGER SIGNIFICANTLY

CHEAPER AND EASIER

ON JULY 2011, HE SOLD HIS HOME BASED IN PORTLAND WITH HIS

WIFE FOR $5.7 MILLION.

.HIS HOME WAS A BIG MANSION OF 2,300 M2 AND HE PURCHASED IT

WITH ITS PROPERTIES IN 1995 IN A TRANSACTION FROM THE

FORMER CEO OF SEQUENT COMPUTER SYSTEMS.

THE RESTAURANT WAS FOUNDED IN LOS ANGELES IN 1947 BY LOVIE YANCEY.

ORIGINALLY, SHE NAMED THE RESTAURANT “MR. FATBURGER” ON BEHALF OF

HIS BOYFRIEND UNTIL 1952 WHEN SHE SUPPRESSED THE “MR.” SHE BOUGHT THE

PARTS OF HER PARTNERS AND BECAME THE SOLE OWNER OF THE TRADEMARK

UNTIL 1990. YANCEY KEPT AND WORKING JUST THE INITIAL SHOP FOR HERSELF

ON WESTERN AVENUE.

IN 2008, THE CHAIN OPENED ITS FIRST RESTAURANT NAMED THE ARIZONA

DIAMONDBACKS’ CHASE FIELD IN A SPORTS STADIUM. THE COMPANY WITH

ANDY WIEDERHORN AS CEO OPENED ALSO ITS FIRST RESTAURANT IN THE

DUBAI, U.A.E AND TODAY THERE ARE 8 RESTAURANTS IN THIS COUNTRY.

IN JANUARY 2013, THE GROUP OPENED ITS FIRST LOCATION IN KARACHI,

PAKISTAN. SINCE THE POSITIVE REACTION OF THE COUNTRY AND THE BURGERS

BROUGHT TOO MUCH SUCCESS, FATBURGER OPENED ITS HUGEST RESTAURANT

IN LAHORE ON JUNE 2013.

THANK YOU

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