Here's your Forbes Daily Briefing, bonus story of the week.

Today on Forbes, Raising Cain's billionaire nearly doubles fortune after record year.

Raising Cains might not sell much, chicken fingers, crinkle fries, Texas toast, coleslaw, and one sauce,

but it sells a whole lot of it. Last year, the fast food chain

dished out $5.1 billion worth of stuff, its best year yet, according to 2024 financials obtained

by Forbes. That's enough to make Todd Graves, the company's founder and CEO, a whole lot richer.

Forbes estimates that Graves has nearly doubled his net worth to $17.2 billion on the back of Kane's banner results.

In 2024, the chain opened more than 100 new restaurants, pushing its total stores

to nearly 900 across 42 states.

But what really makes Keynes the envy of the fast food world

is just how many customers flock to each store.

The chain, which ranked as the 22nd biggest buy revenue

on last year's annual QSR-50 report,

rang in $5.7 million in sales per location on average. That was more than double

competitors like Zaxpies and Bojangles, and second among all major quick-service chains,

behind only Chick-fil-A. Sales per store climbed to $6.6 million in 2024, per newly obtained

financials, and EBITA is approaching $1 billion.

For all that, Graves can thank his limited menu, which helps keep costs down, and the chain's

rabid fan base. Graves named the business after his yellow lab. He leans heavily on social media and celebrities to promote it, including letting his

friend, rapper Post Malone, design his own location in 2023.

Graves has also taken to TV to build his brand and highlight his community engagement efforts,

including through Restaurant Recovery, a Discovery Plus limited series he created

...