Sardar Biglari is an Iranian-born entrepreneur and the founder, chairman, and CEO of Biglari Holdings Inc.
Biglari Holdings is a publicly-traded company that serves as the holding company for a variety of businesses in the restaurant, insurance, oil and gas, and media and licensing industries. These include Steak ‘n Shake, Western Sizzlin, Southern Oil of Louisiana, Southern Pioneer Insurance, and Maxim.
Biglari was born two years before the Iranian Revolution, during which his father served as a military officer under the shah and was later imprisoned. Following the revolution, his family fled Iran as refugees and settled in San Antonio, Texas in 1984.
At 18 years old, Biglari founded an internet service provider by raising $15,000. At 22, he sold the company to Internet America and used the proceeds to start an investment partnership. The fund purchased shares in restaurant companies, including Friendly Ice Cream and Western Sizzlin, the latter of which he became CEO and chairman of in 2006.
Since signing on with Steak ‘n Shake’s board in 2008, Biglari quickly moved up the ranks to chairman and CEO, implementing a top-down overhaul of the restaurant chain’s operations. This drastic change helped the company go from losing more than $100,000 a day in 2009 to making more than that same amount a year later.
In 2010, he renamed Steak ‘n Shake corporate to Biglari Holdings, integrating his other brands within it. Biglari is also the founder, chairman, and CEO of Biglari Capital, the general partner to The Lion Fund, an activist hedge fund.
Biglari attended Trinity University in his hometown of San Antonio.
What is Sardar Biglari's net worth?
The estimated net worth of Sardar Biglari is at least $249.15 million as of March 15th, 2024. Biglari owns 1,277,216 shares of Biglari stock worth more than $249,146,525 as of April 16th. This net worth evaluation does not reflect any other assets that Biglari may own. Additionally, Biglari receives an annual salary of $8,170,000.00 as CEO at Biglari. Learn More about Sardar Biglari's net worth.
How old is Sardar Biglari?
What is Sardar Biglari's salary?
How do I contact Sardar Biglari?
Has Sardar Biglari been buying or selling shares of Biglari?
Sardar Biglari has not been actively trading shares of Biglari during the past quarter. Most recently, on Friday, March 15th, Sardar Biglari bought 4,030 shares of Biglari stock. The stock was acquired at an average cost of $223.22 per share, with a total value of $899,576.60. Following the completion of the transaction, the chief executive officer now directly owns 1,277,216 shares of the company's stock, valued at $285,100,155.52. Learn More on Sardar Biglari's trading history.
Who are Biglari's active insiders?
Are insiders buying or selling shares of Biglari?
In the last twelve months, Biglari insiders bought shares 9 times. They purchased a total of 17,085 shares worth more than $3,880,265.29. The most recent insider tranaction occured on March, 15th when CEO Sardar Biglari bought 4,030 shares worth more than $899,576.60. Insiders at Biglari own 71.4% of the company.
Learn More about insider trades at Biglari. Information on this page was last updated on 3/15/2024.
