ON THIS DATE IN TEENAGE HISTORY (1965), seventeen-year-old Fred DeLuca opened a sandwich shop called Pete’s Super Subs with a partner, Dr. Peter Buck, in Bridgeport, Connecticut. DeLuca planned to study medicine in college and wanted to make some board-and-tuition money. He put his college plans on hold when Pete’s Super Subs, which he renamed Subway, rapidly expanded. In 2011, Subway surpassed McDonald’s with more than 33,000 worldwide outlets. DeLuca, who eventually earned a degree in psychology from the University of Bridgeport, had a net worth of $1.8 billion in 2011, according to Forbes.
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